News
Stocks rise as AI anxiety abates and investors shake off Fed minutes
2+ hour, 23+ min ago (1358+ words) Despite minutes from last month's Fed meeting dimming hopes for rate cuts, stocks posted solid gains. The S&P 500, Nasdaq 100, and Russell 2000 climbed higher, even though minutes from last month's Fed meeting revealed that the central bank is split on…...
With US coffee prices reaching record highs, will Americans rethink their consumption?
15+ hour, 38+ min ago (503+ words) Even after the US scrapped tariffs on coffee last November, new BLS data shows stateside prices are still soaring. It's been a while since the US was a tea-drinking country, with the nation adopting a coffee habit in the 1700s that…...
Wendy’s sales got crushed during the pandemic — last quarter was even worse
2+ day, 9+ hour ago (396+ words) The chain is planning to close as many as 6% of its locations in the first half of 2026. In 1984, Wendy's launched what has to be one of the most successful advertising campaigns in the history of fast food, with its iconic…...
Stocks lose steam after in-line January inflation report
5+ day, 7+ hour ago (1769+ words) Most Mag 7 stocks declined, but the Russell 2000 outperformed, rising 1.2%. Stocks bounced higher after this morning's January core CPI inflation didn't have any grim surprises, but the rally fizzled out in late afternoon trading. The S&P 500 barely eked out a…...
In-line core CPI inflation a relief after recent history of January price spikes
5+ day, 9+ hour ago (620+ words) The January CPI report is out. It's January, and inflation isn't surging. That's good enough. Data from the Bureau of Labor Statistics shows headline inflation rose 0.2% month on month, while the core measure (which excludes volatile food and energy prices)…...
Tech drags down stocks amid continued AI anxiety
6+ day, 7+ hour ago (1759+ words) Tech led losses while defensive sectors utilities and consumer staples led gains. The S&P 500, Nasdaq 100, and Russell 2000 all fell as tech was the worst-performing sector. Defensive havens utilities and consumer staples were the best performers. Every Magnificent 7 stock traded…...
Stocks finish flat after blockbuster jobs report
1+ week, 2+ hour ago (862+ words) Employers added 130,000 jobs last month, crushing estimates for 65,000. Bitcoin dipped below $67,000 this morning, but the jobs report lifted its price back above that level. Stocks that moved higher: Micron climbed as its CFO said that the company has started HBM4 shipments…...
Americans are spending more of the workday sitting — the jobs driving the trend often come with more money
1+ week, 8+ hour ago (248+ words) Software developers sit nearly all day and make six figures. Fast-food workers are on their feet almost nonstop, and earn about $30,000 a year. Standing desks may have become a workplace staple, but Americans are spending more time seated at work…...
Stocks trade higher as tech rebound continues
1+ week, 2+ day ago (907+ words) Tech was the best-performing sector for the second-consecutive session. The S&P 500, Nasdaq 100, and Russell 2000 all climbed higher, with the benchmark index trading just below its record closing high. Tech was the best-performing sector for the second-consecutive session. The price…...
Tech rebound propels stocks to best day since May
1+ week, 5+ day ago (875+ words) The S&P 500, Nasdaq 100, and Russell 2000 all climbed higher as the AI trade was back on. Every sector moved higher except for consumer discretionary and communications, which were dragged down by Amazon and Alphabet, respectively. Tech was by far the…...