By Helena Smolak Shares in Fuchs rose on Friday after the company raised its free cash flow guidance on increased third-quarter earnings….
© Reuters. FILE PHOTO: A view of the Phillips 66 Company’s Los Angeles Refinery (foreground), which processes domestic & imported crude oil…
Surveys Forecast Strong Retail Q4, But Inflation Has Shoppers Expecting Discounts
By Press Room
2 Mins read
Consumers plan to boost their holiday spending this year by 14%, besting pre-pandemic levels for the first time, although shoppers say the…
Columbia University postpones major fundraiser amid tensions over Israel-Hamas war
By Press Room
3 Mins read
Columbia University has postponed its massive Giving Day fundraising event scheduled for Wednesday amid simmering tensions on campus over the Israel-Hamas war….
Bankman-Fried began his formal testimony in front of the jury shortly before 10 a.m. this morning in his landmark fraud case. It…
Hub Group: Steamrolled By Intermodal Market, Little Demand And High Capacity (NASDAQ:HUBG)
By Press Room
5 Mins read
I thought that 2023 was going to be a rough year for transportation providers given high inventories and excess capacity exiting 2022,…
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Mike Pence…
‘Magnificent Seven’ stocks have shed more than $1.2 trillion in value since the market’s July peak
By Press Room
1 Mins read
The so-called “Magnificent Seven” megacap technology stocks that have powered practically all of this year’s rally in the S&P 500 have seen…
By Chris Wack Duke Energy will break ground in the near future in DeBary, Fla., on a demonstration project to successfully create…
© Reuters. Bernstein says S&P 500 is trading 23% above its ‘fair value’ Bernstein strategists expressed the view that U.S. stocks may…