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Read more Import prices climb 0.8% in January, up 0.7% minus fuelEtsy Inc., once known as a quirky marketplace for handmade, artisanal and vintage items, seems to be moving further away from its origins amid a much tougher e-commerce…
Read more Etsy drifts further away from its roots with first Super Bowl adToy maker Mattel Inc. on Wednesday reported fourth-quarter results that missed expectations, with the company saying it plans to cut costs this year while continuing to buy back…
Read more Mattel announces cost cuts after fourth-quarter results miss expectationsWalt Disney Co.’s ESPN, Fox Corp. and Warner Bros. Discovery Inc. are teaming to create a joint sports streaming service. The as-yet unnamed service, which could be available…
Read more Disney, Fox and Warner Bros. team up to launch new sports streaming serviceMcDonald’s Corp.’s stock fell 1.3% in premarket trading on Monday after the fast-food giant missed Wall Street analysts’ estimates for revenue and same-store sales, while citing an impact…
Read more McDonald’s misses revenue target as it cites impact from Middle East warWhile the U.S. stock market has been pricing in a “soft-landing” scenario for the economy, a blowout January jobs report, relatively strong corporate earnings, and Federal Reserve Jerome…
Read more Stock investors fear ‘no-landing’ economy could spell trouble. What’s next?.As the U.S. Federal Reserve’s three-year reign in the headlines potentially comes to an end, an analysis of this year’s market themes can offer valuable insights for predicting…
Read more How to navigate market risk from interest rates, the economy and politics in 2024Mark Zuckerberg delighted Meta shareholders and Wall Street this week with news of the social media giant’s first-ever dividend. The IRS may also be happy, now that it’s…
Read more Mark Zuckerberg could pay millions to the IRS on Meta dividends. He still might be getting ‘a major break’.There’s a common belief that “overbought” is a technical condition for a stock, but in practice it seems to be more of an ability. Meta Platforms Inc.’s stock…
Read more Meta’s stock is the most overbought in 11 years, but that could be a good thingInvestors bought up shares of Etsy Inc. on Thursday after the online crafts marketplace added to its board of directors a partner of hedge fund Elliott Investment Management…
Read more Etsy’s stock is having its best day in seven months after Elliott takes ‘sizable’ stakeFlutter Entertainment, the parent company of FanDuel, started trading on the New York Stock Exchange for the first time Monday, as the company tries to narrow the valuation…
Read more As FanDuel parent Flutter starts trading on NYSE, CEO expects Super Bowl bets to ‘break records’Oil futures popped higher Sunday evening, after a drone attack that killed three U.S. service members in northern Jordan, blamed by the White House on Iran-backed militants, marked…
Read more Oil prices jump after drone attack kills U.S. troops, escalating Mideast crisisWith a rough 2023 in the rearview mirror, Levi Strauss & Co. this year is trying to tackle its problems with new pants. That includes pants with lighter-weight…
Read more Denim pioneer Levi’s is rolling out ‘tech pants’ and other new offerings this year. But will retailers stock them?The U.S. dollar has had a relatively strong start to 2024 — but some analysts believe the greenback is still more likely than not to depreciate over the…
Read more The U.S. dollar had a strong start to 2024. Here’s why it’s unlikely to last.The Biden administration’s announcement Friday that it’s pausing liquefied natural gas export approvals sparked political backlash, drew cheers from climate activists and stoked uncertainty in energy markets, but…
Read more What Biden’s decision to pause new U.S. LNG exports means for the energy marketAs Intel Corp.’s stock plunged to its biggest one-day drop in about three and a half years, analysts had some harsh words for the chip maker. “How many…
Read more Intel’s stock sees worst plunge since 2020: ‘Yet another major reset’The notion that the Federal Reserve will soon slow, or perhaps even end, its program of quantitative tightening is increasingly being talked about on Wall Street like a…
Read more 3 things to know about how the Fed might roll back quantitative tighteningJetBlue Airways Corp. and Spirit Airlines Inc. said late Friday that they have appealed a court ruling that earlier this week blocked their planned merger. JetBlue JBLU, -1.19%…
Read more JetBlue, Spirit Airlines appeal court ruling blocking their proposed mergerDistressed-debt giant Oaktree Capital sees big opportunities in credit unfolding over the next few years as a wall of debt comes due. Oaktree’s incoming co-chief executives Armen Panossian,…
Read more Oaktree Capital calls commercial real estate ‘most acute area of risk’ right nowTOKYO (AP) — Asian shares slid Wednesday after a decline overnight on Wall Street and disappointing China growth data, while Tokyo’s main benchmark momentarily hit another 30-year high.…
Read more Hang Seng leads selloff for Asia stocks, with 4% slump after China data
