Category: United States

Adam Laxalt, a Nevada Republican in a closely watched Senate race, says he’ll fight high inflation by aiming to tighten the federal government’s purse strings, and the former state attorney general talks up maintaining tax cuts for companies and individuals enacted in the GOP’s 2017 tax overhaul. Laxalt’s remarks come in response to a MarketWatch […]

Low- to moderate-income Americans walloped by higher prices and economic insecurity may have darker days ahead.  Many economists and executives are predicting a recession within the next year — if the U.S. isn’t in one already — as the Federal Reserve increases interest rates to pull back inflation. With both borrowing costs and the prices of consumer goods on the rise, […]

Despite a raft of risky events that investors must face down over the coming weeks, some on Wall Street believe that the latest bear-market rally in stocks has more room to run. Although the S&P 500 SPX, +1.41%, Dow Jones Industrial Average DJIA, +0.93% and Nasdaq Composite COMP, +15.13% remain mired in bear markets, stocks […]

Canopy Growth Corp. said Tuesday it will no longer wait until federal legalization to buy three U.S. cannabis companies amid opportunities to benefit from strong growth in state-by-state cannabis sales. Canopy Growth Corp. ‘s U.S.-listed shares CGC, -4.18% WEED, -2.78% rose 3.9% in premarket trade on Tuesday after the Canadian cannabis company announced a plan […]

Pros Manual transmission offered Stylish yet practical body Turbocharged engine Cons The engine is a little low on torque What’s new? The Integra is all-new for 2023 Price: The 2023 Acura Integra starts at $ 30,800. The 2023 Acura Integra is an all-new premium compact sedan and the most affordable new Acura. It revives a name from the […]

By Ian Walker THG PLC on Tuesday reported a 2.1% rise in third-quarter revenue–which was boosted by beauty and nutrition, its two largest units–and backed its full-year guidance. The U.K. e-commerce company–known as the Hut Group–said group revenue for the quarter ended Sept. 30 was 518.6 million pounds ($ 584.9 million), compared with GBP507.8 million […]

NASHVILLE — The federal government is expanding how it collects credit scores, which may allow more Americans to potentially buy homes. The Federal Housing Finance Agency on Monday announced at the Mortgage Bankers Association’s annual conference that it had approved two credit score models, the FICO 10T, and the VantageScore 4.0, for use by Fannie Mae […]

Warner Bros. Discovery Inc. WBD, -2.30%  said it expected to incur as much as $ 4.3 billion in pretax restructuring charges through 2024, the result of a cost-cutting effort following the combination earlier this year of Discovery Inc. and AT&T Inc.’s T, +2.40% WarnerMedia unit.  The majority of the charges — between $ 2 billion and […]

An unmarried Chicago man with no children, no living siblings, and no nieces or nephews quietly accumulated an $ 11 million estate over a long life, in large part through mutual-fund investing. In 2016, he died at home, with no will and no obvious heirs. Now, as reported by local news site Block Club Chicago, […]

It wasn’t fun while it lasted. U.K. Prime Minister Liz Truss, 47, will be shortest-serving U.K. prime minister. The embattled leader leaves her office on Monday, having served only 48 days as premier. Rishi Sunak, 42, the first person of color to lead the U.K., will succeed her. First, the mistakes. Last month, Truss’s government announced […]

It’s cheesesteaks vs BBQ, Wawa vs Whataburger, Rocky vs the Lone Ranger. The Philadelphia Phillies and Houston Astros clinched their 2022 World Series appearances and will play in what should be a star-studded matchup. This Phillies team features former league MVP Bryce Harper while the Astros have pitching legend Justin Verlander. The Phillies’s reached the […]

Some investors are on edge that the Federal Reserve may be overtightening monetary policy in its bid to tame hot inflation, as markets look ahead to a reading this week from the Fed’s preferred gauge of the cost of living in the U.S.   “Fed officials have been scrambling to scare investors almost every day […]

U.S. stock futures were pointing to a softer start on Monday, consolidating last week’s gains as a slate of major tech company earnings await. What’s happening Futures on the Dow Jones Industrial Average YM00, +0.07% fell 99 points, or 0.3%, to 31024. Futures on the S&P 500 ES00, +0.03% dropped 13.5 points, or 0.4%, to […]

Novartis AG NOVN, +1.31% NVS, +2.05% said Monday that a study on a drug to treat adult paroxysmal nocturnal hemoglobinuria, a red blood cell condition, has met its two primary endpoints. The trial studied a drug named Iptacopan and established its superiority to a previously used treatment in helping patients with debilitating anemia who would […]

Inflation and higher costs of living are preventing many workers from saving more for retirement, with roughly 3 out of 4 working adults contributing the same, less or nothing to their retirement in the past year, a new report found.  According to a new report from Bankrate.com released Monday, just 25% of workers have increased […]

U.S. stock futures rose late Sunday, after Wall Street notched its best week since June. After initially surging about 300 points, or 1%, Dow Jones Industrial Average futures YM00, +0.33% were last up about 160 points, or 0.5%, on Sunday, while S&P 500 futures ES00, +0.47% and Nasdaq-100 futures NQ00, +0.71% similarly eased off sharp […]

The biggest week of third-quarter earnings season will also likely be its most anxiety-ridden, as an onslaught of onetime surefire tech giants prepare to report amid staffing cutbacks and signs of slowing demand for digital ads, e-commerce and smartphone sales. The dyspepsia for tech investors begins Tuesday, with earnings from Microsoft Corp. MSFT, +2.53% and […]

As Americans brace for what could be a brutal flu season, the U.S. Centers for Disease Control and Prevention has issued a report showing that Black, Hispanic and American Indian/Alaska Native adults are less likely to receive flu vaccinations, and are more likely to be hospitalized with the illness, compared with white adults. The CDC […]

Rising rates and waning buyer demand is finally weighing on home prices.  With the 30-year fixed-rate mortgage averaging at 7.12%, according to Mortgage News Daily, Zillow Z, +2.66%, Realtor.com, and John Burns Real Estate Consulting, all noted price drops in cities that were hot over the last two years. Most of these cities were pandemic […]

The numbers:  The National Association of Home Builders’ (NAHB) monthly confidence fell 8 points to 38 in October, the trade group said on Tuesday. It’s the tenth month in a row that the index has fallen. Outside of the pandemic, the October reading of 38 is the lowest level since August 2012. A year ago, […]