Despite the Federal Reserve’s latest efforts to boost the economy, long-time market bear David Rosenberg warns a recession is coming. The Gluskin Sheff chief economist and strategist predicts economic growth in the U.S. will turn … Read more
Charlie Munger at his book signing event Katherine Graham at Borsheim’s Jewelry store. Mark Peterson | Getty Images Becoming a titan of business does not require giving up your personality or humor, as Charlie Munger … Read more
Check out the companies making headlines in midday trading. Dick’s Sporting Goods — Shares jumped 14% after the sporting goods retailer posted fourth-quarter results that exceeded expectations. Dick’s Sporting Goods reported earnings of $3.85 per … Read more
Check out the companies making headlines after the bell . UiPath — Shares popped 8% after the software company reported fourth-quarter results that beat analysts’ expectations. UiPath posted adjusted earnings of 22 cents per share … Read more
Traders work on the floor at the New York Stock Exchange (NYSE) in New York City, U.S., March 5, 2024. Brendan Mcdermid | Reuters LONDON — Global dividend payouts to shareholders hit a record $1.66 … Read more
Inflation rose again in February, keeping the Federal Reserve on course to wait at least until the summer before starting to lower interest rates. The consumer price index, a broad measure of goods and services … Read more
Ken Griffin, Citadel at CNBC’s Delivering Alpha, Sept. 28, 2022. Scott Mlyn | CNBC Ken Griffin, Citadel founder and CEO, thinks the Federal Reserve should move slowly to cut interest rates in its fight against stubborn … Read more
People shop at the Macy’s store on Herald Square on January 19, 2024 in New York City. Michael M. Santiago | Getty Images News | Getty Images Consumer spending bounced back in February from a … Read more
A Boeing 737 Max aircraft during a display at the Farnborough International Airshow, in Farnborough, Britain, July 20, 2022. Peter Cziborra | Reuters Boeing handed over 27 airplanes to its customers last month as it … Read more
Check out the companies making headlines in premarket trading. Oracle — The information technology stock climbed 13.3% on the back of strong per-share earnings. Oracle posted adjusted earnings per share of $1.41, topping the $1.38 … Read more