Shares of Berkshire Hathaway Inc. Cl B BRK.B, +0.80% inched 0.80% higher to $295.11 Wednesday, on what proved to be an all-around positive trading session for the stock market, with the S&P 500 Index SPX, +2.13% rising 2.13% to 4,210.24 and the Dow Jones Industrial Average DJIA, +1.63% rising 1.63% to 33,309.51. This was the … Read more
Wow, that was a shocker: US consumer price growth slowed to 0% in July, the Labor Department reported on Wednesday. Core price growth slowed to 0.3%, which was below forecast. Over the last 12 months, prices have gained 8.5%, also coming in below forecast. The soft reading seems to justify the 13% rally in the … Read more
Shares of Berkshire Hathaway Inc. Cl B BRK.B, +0.15% inched 0.15% higher to $292.77 Tuesday, on what proved to be an all-around rough trading session for the stock market, with the S&P 500 Index SPX, -0.42% falling 0.42% to 4,122.47 and Dow Jones Industrial Average DJIA, -0.18% falling 0.18% to 32,774.41. This was the stock’s … Read more
Text size GE wants to be a player in the electricity grid of the future. That will benefit its coming Vernova business. Brandon Bell/Getty Images NISKAYUNA, N. Y–In General Electric ‘s sprawling research center here, you will find two Nobel Prizes won by GE scientists, Thomas Edison’s desk, and current research that could help create … Read more
Text size Corporate earnings were the main factor driving moves in individual stocks early on Friday. The (Photo by Spencer Platt/Getty Images) Stock futures were lower Friday as investors responded to news that hiring in July was far stronger than expected. Dow Jones Industrial Average futures were down 0.4%, S&P 500 futures were off 0.7%, … Read more
Shares of Iron Mountain Inc. IRM, +6.87% rallied 6.87% to $52.30 Friday, on what proved to be an all-around mixed trading session for the stock market, with the Dow Jones Industrial Average DJIA, +0.23% rising 0.23% to 32,803.47 and the S&P 500 Index SPX, -0.16% falling 0.16% to 4,145.19. This was the stock’s second consecutive … Read more
Between pandemic lockdowns, health scares, contentious politics and significant inflation with rising prices, many US investors might feel they’re losing control of their situations. Add to that a bear market for stocks, with a possible recession looming. To remain resilient, we can focus on caring for our physical, mental and financial wellness — and that … Read more
Corporate bond investors appeared pretty bullish on the metaverse Thursday, or at least about digital advertising. Meta Platforms Inc. META, +1.05%, the parent of Facebook, on Thursday saw roughly $30 billion in demand for its debut $10 billion, four-part US corporate bond deal, according to a person with knowledge of the dealings and Informa Global … Read more
The Democratic Party’s chances for keeping its grip on the US Senate after November’s midterm elections are continuing to improve, with betting market PredictIt now putting them at 54% — up from under 50% last week and just 25% in mid-June. Analysts are saying it’s good news for Democrats that Kansas voters on Tuesday rejected … Read more
1847 EDT [Dow Jones]–Canadian stocks edge higher, with the benchmark S&P/TSX Composite Index up 31.10 points, or 0.2%, to 19577.04 and the blue-chip S&P/TSX 60 Index up 2.71 points, or 0.2%, to 1184.05. Shares of Lightspeed Commerce fell 12% after the company reported a wider loss for its fiscal first quarter, while stronger-than-expected revenue was … Read more