How might the latest CPI reading affect the presidential race?
While today's report for the consumer price index came in hotter than expected, one veteran strategist predicts it won't ...
Tilray Brands Shares Fall on 1Q Revenue Miss as Cannabis Sales Decline
Tilray Brands shares retreated Thursday morning after the company reported lower-than-expected revenue for the first fiscal quarter amid shrinking contribution from its cannabis unit. Shares trading ...
Next jobs report should be taken 'with a grain of salt,' Nationwide economist says
Now that a big inflation update is out of the way, focus has been turning to the labor market and what it has in store before the Federal Reserve's next interest-rate decision in November. But the ...
Disney World to remain closed Thursday as company assesses Hurricane Milton's impact
Walt Disney Co.’s Walt Disney World will remain closed through Thursday while the company assesses the impact of Hurricane Milton. “The Walt Disney World theme ...
Reinsurers climb as hurricane damage looks less damaging than feared
European-listed reinsurers advanced on Thursday as Hurricane Milton's destruction looks to be less severe than feared. Led by Swiss Re, all the major European listed reinsurers advanced.
Mexico's Femsa to Sell Logistics Assets to Transport Firm Traxion
The agreed sale for 4.06 billion pesos ($208 million), free of debt and cash, includes Femsa's transportation management operations in Mexico and contract logistics operations in Mexico, Colombia and ...
Atlas Energy Shares Fall on Cut to 3Q Guidance
Shares in Atlas Energy Solutions fell after the company cuts its third-quarter revenue guidance due to higher plant operating expenses. Shares were recently down 9% at $19.67.
Dow retreats from record after sticky inflation data
U.S. stocks opened lower on Thursday as the S&P 500 and Dow Jones Industrial Average retreated from record levels. Analysts blamed the drop on inflation data which showed price pressures were slightly ...
Food prices picked up last month. But groceries are still easier to afford these days
Food prices posted their biggest one-month gain since January, today’s report shows. That includes the costs of dining in and going out to eat. But groceries are still one monthly budget item that has ...
Retail investors aren't as excited about AI stocks as they were earlier this year, report finds
Some people believe artificial intelligence is the future for business productivity. But for retail investors, AI may be old news. A report by online brokerage Public found that its retail investor ...
Slower increase in housing costs is the best part of the CPI
The rate of inflation has been slow to return to prepandemic levels of 2% or less largely because of stubbornly high shelter costs - rent and housing. But it looks like more relief is coming. The cost ...
Inside CPI report: Food, clothing, car insurance and airfare post big price increases
Higher costs of groceries, car insurance, clothing and plane tickets were among the biggest sources of inflation in September. Food prices jumped 0.4% to mark the biggest increase since January. They ...