Investors likely will have to sweat out a summer during which it looks increasingly unlikely that the Federal Reserve will be cutting interest rates.
Category: Finance News
Stocks making the biggest moves midday: Workday, Lucid, Toast, Deckers and more
These are the stocks posting the largest moves in midday trading.
How private equity rolled Red Lobster
When a private-equity firm bought the iconic seafood chain in 2014, it sold the real estate under the restaurants for $1.5 billion. Then the restaurants struggled to pay the rents.
Here’s why you may be saving more in your 401(k) — and not even know it
More employers have adopted “automatic escalation,” which raises workers’ 401(k) plan savings rate over time.
Ark Invest’s Cathie Wood says lower prices and rates will ‘activate coiled equities’
“In our view, more price deflation and lower interest rates will activate coiled equities,” Wood said in an X post.
Wall Street ponders what happens to booming private credit market when you-know-what hits the fan
The CEO of one of the largest private-credit firms defended the industry and how it will act in times of stress.
Stocks making the biggest moves premarket: Ross Stores, Intuit, Workday, Guardant Health and more
These are the stocks posting the largest moves in premarket trading.
British retail sales plunge 2.3% in April, missing estimates
U.K. retail sales volumes dropped 2.3% in April as wet weather deterred shoppers, the Office for National Statistics said Friday.
Stocks making the biggest moves after hours: Ross Stores, Intuit, Workday and more
These are the stocks posting the largest moves in extended trading.
Norfolk Southern agrees to $310 million federal settlement over Ohio train derailment
The company will pay a $15 million fine for alleged violations of the Clean Water Act as part of the federal settlement.