The possibility that U.S. inflation won’t trend much lower from here is raising concerns that Federal Reserve policymakers are mistakenly clinging to prospects for three interest-rate cuts this year and may lose their credibility, which…
The numbers: The U.S. trade deficit in goods widened 1.5% to $91.8 billion in February, according to the Commerce Department’s advanced estimate released Friday. Economists polled by Econoday were looking for the deficit to widen slightly…
Retail gasoline prices are set to rise as they usually do just as the U.S. summer driving season gets underway, but to say the average national price will climb to $4 a gallon is a bit of a stretch.
For this week’s ETF Wrap, I caught up with State Street’s Michael Arone to talk about flows and performance this month and quarter — as well as risks to his soft-landing outlook.
Shares of Oxford Industries Inc. fell after hours on Thursday after the maker of Tommy Bahama and Lilly Pulitzer clothing warned that its investments in expansion and consumer hesitation would weigh on profits in the months ahead.
Shares of AMC Entertainment Holdings Inc. fell 14.3% in Thursday’s session after the movie-theater chain and original meme stock filed to sell up to $250 million of stock.
Semtech Corp.’s stock initially soared 17% before cooling a bit in extended trading Thursday after the company rang up better-than-expected sales and strong sales guidance for its current quarter.