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Surge pricing could be coming for your Wendy’s chili order. The fast-food chain with a red-headed mascot is leaving some people red-faced after the news that it plans to test “dynamic pricing” starting as early as next year. Skim through social media and it’s easy to find comments bashing the “Biggie Bag” provider, talking about […]

Clothing retailer Urban Outfitters Inc. said Tuesday it is reviewing “all areas” of its struggling namesake stores, after yet another quarter of falling same-store sales and what executives described as waning exuberance among shoppers. Those remarks came during Urban Outfitters’ URBN, +2.72% earnings conference call, after the company — which also runs women’s clothing chains […]

The S&P 500’s torrid and top-heavy advance over the past year has convinced some bearish investors that U.S. stocks are in a bubble. But history says otherwise. Since 1974, the S&P 500 has risen 100% of more during the three years that preceded every bubble peak, according to an analysis from a team of analysts […]

Advanced Micro Devices Inc. Chief Executive Lisa Su recently unloaded more than $ 20 million in stock in a move that struck one expert as a deviation from her past behavior but that the company said was nothing unusual. Su sold 125,000 AMD shares AMD, +0.89% last Wednesday at prices between $ 162.06 and $ […]

Viking Therapeutics Inc.’s stock soared 90% Tuesday to a record high, after the company announced positive results from a Phase 2 trial of its weight-loss drug VK2735, a GLP-1 receptor agonist that it’s developing in both injectable and oral form as a treatment for obesity and diabetes. The stock VKTX, +93.57% was on track for […]

The J.M. Smucker Co. SJM, -0.53% said Tuesday it had net income of $ 120.4 million, or $ 1.14 a share, for its fiscal third quarter through Jan. 31, down from $ 208.5 million, or $ 1.96 a share, in the year-earlier period. The parent of brands including Folgers coffee, Dunkin’, Hostess and Milk-Bone pet […]

This article is reprinted by permission from NextAvenue.org. British writer and theologian C.S. Lewis once said, “Mental pain is less dramatic than physical pain, but it is more common and hard to bear.” With all the attention to mental health and well-being, communities are trying to find ways to tackle this issue, which worsened after COVID-19. […]

The fourth quarter ended on an upswing for retirement savers. Retirement-account balances hit their highest levels in two years amid improved market conditions and consistent savings rates, according to Fidelity Investments. The average 401(k) account balance was $ 118,600 in the fourth quarter, up 14% from a year ago, Fidelity said. The average IRA balance […]

Bitcoin on Monday rallied to its highest level since November 2021, as exchange-traded funds investing directly in the cryptocurrency attract more capital into the space, while investors await the upcoming “halving” event, which has historically been bullish for bitcoin prices.  Bitcoin BTCUSD, +2.66% rose 9.5% over the past 24 hours to nearly $ 57,000 at […]

CarGurus Inc. shares fell 10% in the extended session Monday after investors looked past a better-than-expected quarter for the online car-selling platform to zero in on weaker current-quarter guidance. CarGurus CARG, +0.21% lost $ 23.7 million, or 21 cents a share, in the fourth quarter, contrasting with gains of $ 159 million, or 20 cents […]

Unity Software Inc. shares were tumbling in late trading Monday after the app-monetization company whiffed with its latest results and forecasts. The company forecast $ 415 million to $ 420 million in fiscal first-quarter revenue for what it calls its “strategic portfolio,” deeming that its non-strategic portfolio will not be a meaningful contributor to revenue […]

Technology stocks are riding high following Nvidia Corp.’s latest blockbuster earnings report, which helped push the Nasdaq-100 and the S&P 500 technology sector to fresh record highs last week. But after looking past the index-level performance, there are signs that the momentum that has propelled the sector higher over the past year is starting to […]

JPMorgan Chase & Co.’s global investment banking chief Viswas Raghavan is departing for Citigroup about a month after Chief Executive Jamie Dimon set the stage for a potential successor at the U.S.’s largest bank with a round of internal promotions. Raghavan most recently worked as head of global investment banking at JPMorgan JPM, -0.25%, and […]

Leisure stocks are likely to outperform this year as emboldened consumers kick back and relax. Here’s more on three economic trends supporting this trend and 11 stocks to consider, according to five money managers I check in with on this theme.  Three trends will give consumers more confidence to spend on leisure this year: 1. […]

Mounting problems at plane manufacturer Boeing could see Ryanair forced to cut its schedules and increase prices by another 10%, the budget airline’s CEO Michael O’Leary has reportedly warned. The low-cost carrier’s schedules were drawn up on the basis it would receive 50 of the 57 Max 737-8200s it has ordered, but major issues at […]

Home prices are so high that nearly half of would-be home buyers say they earn too little to afford a house, according to a new survey. The survey, by Bankrate, included responses from nearly 2,300 adults, 864 of whom were aspiring homeowners. It found that 54% of respondents who were interested in buying were held […]

SYDNEY — Aluminum producer Alcoa has agreed to an all-stock deal to acquire Australia’s Alumina that values its equity at some 3.35 billion Australian dollars (US$ 2.20 billion). Pittsburgh-based Alcoa AA, -4.43% is offering 0.02854 of its own stock for each Alumina AWC, +7.11% share, representing a 13% premium to Alumina’s closing share price on […]

Dear Quentin, I have a $ 1.5 million account with one of the major investment managers in the United States. In the fall of 2021, the stock market was weakening and the Federal Reserve was projecting that its benchmark rate would increase significantly from zero in the following months. I contacted my account manager and […]

AT&T Inc.’s chief executive apologized on Sunday for an hours-long nationwide service outage that affected many of its wireless customers last week, and said it will credit the accounts of some of those affected as compensation. In a letter to employees, CEO John Stankey called last Thursday’s outage “a challenging day.” “We let down many […]

The keepers of the Dow Jones Industrial Average have been very good at making sure the changes they make to the venerable stock-market barometer are seamless to investors, but nobody’s perfect. How the 128-year old index DJIA is constructed is a secret closely guarded by S&P Dow Jones Indices. But some things, such as the […]