Here’s where the economy is starting to show ‘K-shaped’ bifurcation
Americans are increasingly diverging in their spending, with wealthier shoppers flexing their purchasing power while lower-income customers start to pull…
Category: Economy
Government shutdown curtails nonprofit funding, putting vital services in jeopardy
As the standoff in Washington drags on, many nonprofits have lost access to the federal grants essential to their operations.…
Top Wall Street analysts pound the table for solid returns in these 3 stocks
TipRanks' ranking service highlights three stocks, including Pinterest and Uber Technologies, that are favored by Wall Street's top pros. ...
Timothy Mellon is Trump’s $130 million mystery military donor: NYT
Reclusive billionaire Timothy Mellon, whose grandfather was a Treasury secretary, was a top donor to President Donald Trump for the…
American Airlines is arriving late to the luxury travel boom. Can it catch up?
American Airlines has fallen behind large rivals Delta and United in seeking out luxury customers, bringing in profit and more.…
Deckers Brands stock sinks 15% after soft outlook raises concerns about Hoka, Ugg growth
Deckers Brands shares fell about 15% after fiscal Q2 results with softer outlook and fears HOKA’s rapid growth is slowing…
3 takeaways from Intel earnings: Cash flow, foundry progress and hardware surprise
CEO Lip-Bu Tan said that artificial intelligence "is a strong foundation for sustainable long-term growth. ...
AMD’s stock pops nearly 8% on report IBM can use its chips for quantum computing error correction
IBM announced a quantum computing partnership with AMD in August and plans to launch a supercomputer by 2029. ...
Inflation rate hit 3.0% in September, lower than expected, long-awaited CPI report shows
The annual inflation rate as measured by the CPI was expected to be 3.1% in September, according to the Dow…