Growth stocks are trouncing value stocks in 2024, even in struggling small-cap universe
The small-cap focused Russell 2000 index is trading well below its record high in 2021.
U.S. auto sales are expected to slow during the second half of 2024
Cars sit on a Chevrolet dealership’s lot on June 20, 2024 in Chicago, Illinois. A cyber attack on CDK Global, a software provider that helps dealerships manage sales and service, has crippled the workflow at approximately 15,000 dealerships across the United States and Canada. Scott Olson | Getty Images DETROIT — U.S. auto sales through […]
Delta, United compete to be America’s luxury airline
A Boeing 767 passenger aircraft of Delta Air Lines arrives from Dublin at JFK International Airport in New York as the Manhattan skyline looms in the background on Feb. 7, 2024. Charly Triballeau | Afp | Getty Images Delta Air Lines is the country’s most profitable airline. CEO Ed Bastian’s challenge is to make sure […]
Student loan relief and payment cuts for many on hold after courts block parts of Biden’s SAVE plan
A major initiative by the Biden administration to lower student-loan payments and provide debt cancellation to more borrowers is in jeopardy after two courts temporarily blocked parts of the plan.
Target taps Shopify to add sellers to its third-party marketplace
Target is turning to Shopify to add new and trendier brands to its website. Starting Monday, the Minneapolis-based discounter said companies that work with Shopify can apply to join Target Plus, its third-party marketplace. Some of Shopify’s customers are smaller or up-and-coming brands that use the e-commerce platform to build and operate a website. Target […]
Trump beats Biden for ‘king of debt’ title as market braces for crush of federal bonds
Excluding COVID stimulus money, President Trump approved $4.8 trillion in new debt to President Biden’s $2.2 trillion.
Paramount+ to increase prices for its streaming plans
Paramount Global is hiking the price of its flagship streaming service as the company looks to turn around its business. The company said Monday it will raise the price of the Paramount+ with Showtime plan by $1 to $12.99 a month, and the price of its Paramount+ Essential option will increase by $2 to $7.99 […]
‘My mother is being catfished’: She fell ‘madly in love’ with a man over Facebook. How do I convince her that it’s a scam?
“My sister and I found loads of evidence online that this is a fake account. There are actually numerous fake accounts on various platforms that use this guy’s images.”
Novo Nordisk to boost output of Wegovy, Ozempic with new NC facility
Novo Nordisk’s new manufacturing facility in Clayton, North Carolina. Courtesy: Novo Nordisk Novo Nordisk on Monday said it will spend $4.1 billion to build a new manufacturing plant in Clayton, North Carolina, in a bid to boost the supply of its blockbuster weight loss drug Wegovy, diabetes treatment Ozempic and other injectable therapies. Demand for […]
Summer is here — but pool demand less so, Pool Corp. says
Swimming-pool gear distributor Pool Corp. on Monday slashed its profit outlook for this year, citing “persistently weak” demand for new pool construction, sending shares sharply lower in after-hours trade.
