Markets kick off trading erasing some of the gains of the last few days, but where are stocks going for the long term? Washington Crossing Advisors' Matthew Battipaglia says economic and earnings fundamentals will drive markets for patient investors.
We also take a look at recent results from Coach parent Tapestry and Michael Kors. Both companies reported better-than-expected results for the holiday quarter, driving shares higher. We take a look at if that means they'll be able to weather the changing retail landscape.
And Blue Apron shares popped after earnings Tuesday morning. The meal-kit delivery company said revenues fell less than expected in the latest quarter and that it upped spending on marketing. But is this enough to keep the company afloat, or will it have to find a buyer?
The Biden administration is docking more than $2 million in payments to student loan servicers that failed to send billing statements on time after the end of a pandemic payment freeze.
The nation’s employers added a robust 216,000 jobs last month, the latest sign that the American job market remains resilient even in the face of sharply higher interest rates.
A U.S. labor agency has accused SpaceX of unlawfully firing employees who penned an open letter critical of CEO Elon Musk and creating an impression that worker activities were under surveillance by the rocket ship company.
