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?
Darden, the parent company of chain restaurants like Olive Garden and Ruth's Chris Steakhouse, beat Wall Street estimates in its latest earnings report.
A former Facebook executive pled guilty to stealing more than $4 million from the company while she was employed there.
Rising safety concerns over water bead products marketed to kids have prompted major retailers like Amazon, Target and Walmart to pull some toys off their shelves.
The Congressional Budget Office said Friday it expects inflation to nearly hit the Federal Reserve's 2% target rate in 2024, as overall growth is expected to slow and unemployment is expected to rise into 2025, according to updated economic projections for the next two years.
Intel is out with a new product to challenge other big players in the space like Nvidia and AMD.
Stocks fell after the opening bell Friday but will end on another positive week.
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Americans picked up their spending from October to November as the unofficial holiday season kicked off, underscoring that shoppers still have power to keep buying.
The average long-term U.S. mortgage rate dropped below 7% to its lowest level since early August, another boost for prospective homebuyers who have largely been held back by sharply higher borrowing costs and heightened competition for relatively few homes for sale.
Mortgage rates have dropped below 7% for the first time since the middle of August.
