[ad_1] Wholesale prices in November may have been slightly hotter than expected, but next week’s look at consumer prices is the one that may solidify the Federal Reserve’s upcoming interest rate decision. Ultimately, we think the November consumer price index (CPI) holds more weight with the market and the Fed …
Read More »Marijuana sales decline after pandemic surge
[ad_1] A customer lights a joint at Lowell Farms, America’s first official Cannabis Cafe offering farm-to-table dining and smoking of cannabis in West Hollywood, California, October 1, 2019. Mike Blake | Reuters After enjoying a sales surge during the pandemic, the U.S. cannabis industry is showing signs of a slowdown …
Read More »Main Street says we’ve dodged recession so far, but downturn is coming
[ad_1] With just a few weeks left before the new year begins, we’re no closer to solving one of the great economic debates of 2022: are we in a recession? Signals from the economy are mixed, but the answer from small business owners has changed significantly from three months ago. …
Read More »Stocks making the biggest moves after hours: Lululemon, Costco and more
[ad_1] Pedestrians wearing protective masks walk past a Lululemon store in San Francisco, California, on Monday, March 29, 2021. David Paul Morris | Bloomberg | Getty Images Check out the companies making headlines in after hours trading. Lululemon – Shares of athletic apparel company Lululemon shed 9% after it said …
Read More »Ciena, GameStop, Rent The Runway and others
[ad_1] Check out the companies making headlines before the bell: Ciena (CIEN) – The networking equipment maker’s stock surged 19.1% after a substantial top and bottom line beat in its latest quarter. Ciena earned an adjusted 61 cents per share for its latest quarter, compared with a consensus estimate of …
Read More »5 things to know before the stock market opens Thursday, December 8
[ad_1] Traders work on the floor of the New York Stock Exchange (NYSE) in New York City, December 7, 2022. Brendan McDermid | Reuters Here are the most important news items that investors need to start their trading day: 1. Stocks in a funk Wednesday was mixed for stocks. The …
Read More »Carvana, MongoDB, TripAdvisor, Toll Brothers and more
[ad_1] A mascot of TripAdvisor is seen at its display at a trade fair. Axel Schmidt | Reuters Check out the companies making headlines in midday trading. Carvana — Shares of the online car dealership fell 42.9% after Carvana’s largest creditors signed an agreement to negotiate together with the company. …
Read More »Used vehicle demand and prices continue to decline from record highs
[ad_1] A pedestrian walks past a certified pre-owned car sales lot in Alhambra, California on January 12, 2022. Frederic J. Brown | AFP | Getty Images DETROIT – Wholesale prices of used vehicles reached their lowest level in more than a year last month, as retail sales decline amid interest …
Read More »Campbell Soup, Pinterest, Toll Brothers and others
[ad_1] Check out the companies making headlines before the bell: Campbell Soup (CPB) – Campbell Soup beat estimates by 14 cents with adjusted quarterly earnings of $1.02 per share. Revenue also beat consensus and the food producer said its results were helped by strong pricing, improved productivity and supply chain …
Read More »5 things to know before the stock market opens Wednesday, December 7
[ad_1] Traders on the floor of the NYSE Source: NYSE Here are the most important news items that investors need to start their trading day: 1. Can stocks get over the hump? U.S. equities markets entered Wednesday in a deep funk. After big losses Monday, stocks tumbled again Tuesday: The …
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