Why a sell-off for the ‘abnormally good’ market is justified, according to this fund manager
David Bianco, chief investment officer, Americas, for DWS, says the correction is “largely justified.”
China’s Caixin PMI signals pickup in services-sector activity
A private gauge of China’s services sector signaled that activity expanded at a faster pace in July compared with a month ago, in contrast with the trend seen in official data.
U.S. stock futures slide further after a painful week on Wall Street
U.S. stock-market futures fell late Sunday, after a volatile week on Wall Street that saw the Nasdaq fall into correction territory.
Kudos sustainable diapers set to launch in Target stores
Kudos diapers founder Amrita Saigal with her daughter Courtesy: Kudos Throughout modern history, parents have only had one real option when it comes to disposable diapers: plastic. The single-use products are typically made with fossil fuels like petroleum and can take hundreds of years to break down, making them the third-largest consumer item in U.S. […]
‘She makes seriously irresponsible choices’: We secretly transfer 20% of our 17-year-old daughter’s paycheck to a Roth IRA. Is this illegal?
“She spends all her money whenever she gets paid.”
Retiring Corvette ‘godfather’ on EVs, spinoff and a performance SUV
2025 Chevrolet Corvette ZR1 Coupe with ZTK Performance Package. DETROIT — Tadge Juechter’s first “taste” of Corvette working at General Motors was to research whether there were enough Americans who could afford a new high-performance model of the famed sports car, known as the ZR1, back in 1985. Nearly 40 years later, not only are […]
Corporate profit growth is on pace for its best quarter since just before 2022’s inflation spell
After last week’s quarterly-results megastorm, second-quarter earnings season is roughly three-quarters of the way through.
D.C. attorney general sues StubHub, alleging deceptive pricing
Washington, D.C., Attorney General Brian Schwalb sued the online ticket exchange platform StubHub on Wednesday, alleging deceptive and unfair pricing. The lawsuit claims StubHub uses deceptive advertising of low ticket prices to lure consumers who pay vastly more after an arduous checkout process. “This is no accident — StubHub intentionally hides the true price to […]
‘It’s exhilarating and shameful’: I’ve saved hundreds of dollars eating $5.99 restaurant meals, but it comes at a high price — feeling cheap and nasty.
“It’s a bit like ‘Meals on Wheels’ for moochers, except you have to actually collect the food yourself.”
CrowdStrike-Microsoft outage cost the airline $500 million
Delta Air Lines CEO Ed Bastian said Wednesday that the massive IT outage earlier this month that stranded thousands of customers will cost it $500 million. Bastian said the figure includes not just lost revenue but “the tens of millions of dollars per day in compensation and hotels” over a period of five days. The […]
