What economists are watching for in tomorrow’s PCE inflation and spending data
Higher inflation from tariffs is starting to flow through the U.S. economy at the same time that growth is losing some momentum.
Pending home sales tick lower in July as canceled contracts spike
Signed contracts to buy existing homes, known as pending sales, were weaker in July compared with June, and were canceled at the highest rate since at least 2017. The monthly pending home sales index from the National Association of Realtors dropped 0.4% in July from June, but was still 0.7% higher from July of last […]
How Vanguard defends a super-conservative strategy that has proved surprisingly controversial
In one of its many strategies, the money-management giant Vanguard is now suggesting a portfolio that tilts heavily toward bonds over stocks.
Amtrak is debuting its NextGen Acela. Here’s what you need to know
Amtrak’s NextGen Acela. Courtesy: Amtrak Amtrak rolled out its NextGen Acela trains on Thursday, marking the next phase for the U.S.’s attempt at high-speed rail. Dubbing itself as “America’s only high-speed rail service,” the new trains will run between Washington, D.C., and Boston, with a top speed of 160 mph. It’s an extension of Amtrak’s […]
American Eagle shares rise on partnership with Travis Kelce
American Eagle launches AE x Tru Kolors by Travis Kelce. Courtesy: American Eagle Shares of American Eagle rose Wednesday morning after the apparel company announced a collaboration with football star Travis Kelce, just a day after he and singer Taylor Swift said they were engaged. The stock was up roughly 5% in early trading. Kelce’s […]
Record levels of margin debt aren’t a red flag but long-term inflation is, says this fund manager
Margin debt levels won’t help traders time the next correction, says this fund manager but using options to hedge exposure can cushion some of the fall if and when it comes.
Abercrombie & Fitch (ANF) Q2 2025 earnings
Abercrombie & Fitch sales growth slowed again in its fiscal second quarter as the apparel company struggles to top the surge it enjoyed last fiscal year. During the quarter, sales at the namesake Abercrombie brand fell 5% while comparable sales dropped 11%. But the success of the teen-focused Hollister brand helped to salvage the quarter. […]
Think the S&P 500 is too expensive? Check out these ETFs instead.
Some investors are worried that the stock market is set up for a tech-driven decline.
CDC Director Susan Monarez ousted, four other leaders leave agency
Susan Monarez, President Donald Trump’s nominee to be the Director of the Centers for Disease Control and Prevention (CDC), testifies during her confirmation hearing before the Senate Committee on Health, Education, Labor, and Pensions in the Dirksen Senate Office Building on June 25, 2025 in Washington, DC. Kayla Bartkowski | Getty Images Centers for Disease […]
Five Below raises its full-year outlook, despite ‘ever-changing tariff environment’
Shares of Five Below Inc. rose after hours on Wednesday after the children’s-gear discount chain boosted its full-year outlook, despite broader concerns about the impact of U.S. tariffs on imports.
