Economy

Nike to cut 775 employees as it accelerates 'automation' at U.S. distribution centers

liberal

Nike to cut 775 employees as it accelerates 'automation' at U.S. distribution centers

Nike is cutting 775 employees, primarily from jobs at distribution centers in Tennessee and Mississippi.

7 months ago

Where Invesco sees 'tremendous' opportunities for income in 2026

liberal

Where Invesco sees 'tremendous' opportunities for income in 2026

Investors have an opportunity to grab solid income and hedge any surprises coming from the Federal Reserve this year, according to Invesco's Jason Bloom.

7 months ago

We're downgrading this stock after a monster rebound so far in 2026

liberal

We're downgrading this stock after a monster rebound so far in 2026

Every weekday, the Investing Club releases the Homestretch; an actionable afternoon update just in time for the last hour of trading.

7 months ago

Big winter storm to hit first-quarter GDP, but it may give a boost to Costco and other stocks

liberal

Big winter storm to hit first-quarter GDP, but it may give a boost to Costco and other stocks

The weekend's winter storm continues to affect much of the U.S. with wind and below-freezing temperatures lingering, but some businesses could get a lift.

7 months ago

NYSE insider Jay Woods on what pros are trading this week: Can Meta, Microsoft lift S&P to new highs?

liberal

NYSE insider Jay Woods on what pros are trading this week: Can Meta, Microsoft lift S&P to new highs?

Jay Woods says the pros are bracing for a fifth of the S&P 500 to report earnings this week with a keen eye on Meta, Microsoft and Apple to dictate the next move for the market.

7 months ago

Olympian Alysa Liu's training cost up to $1 million, her dad says—how experts say to approach spending on extracurriculars

liberal

Olympian Alysa Liu's training cost up to $1 million, her dad says—how experts say to approach spending on extracurriculars

Spending hundreds or thousands on your child's activities is OK, experts say, as long as you are aware of your goals and financial situation first.

7 months ago

AI spending wasn't the biggest engine of U.S. economic growth in 2025, despite popular assumptions

liberal

AI spending wasn't the biggest engine of U.S. economic growth in 2025, despite popular assumptions

The GDP value of AI is smaller than it might appear given that a lot of high-tech equipment is imported, according to a recent MRB Partners report.

7 months ago

Will mortgage rates fall after this week's Fed meeting?

liberal

Will mortgage rates fall after this week's Fed meeting?

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7 months ago

Stocks making the biggest moves midday: GameStop, Booz Allen, CVR Energy, CoreWeave & more

liberal

Stocks making the biggest moves midday: GameStop, Booz Allen, CVR Energy, CoreWeave & more

These are some of the stocks posting the largest moves midday.

7 months ago

Small-cap stocks are on fire to start 2026. Here's what's driving them, and the risks they face

liberal

Small-cap stocks are on fire to start 2026. Here's what's driving them, and the risks they face

The Russell 2000 beat the S&P 500 for 14 days to start the year, the longest streak since 1996. Analysts are still bullish despite the rapid rally.

7 months ago

GameStop shares move higher after Michael Burry says he's been buying the stock

liberal

GameStop shares move higher after Michael Burry says he's been buying the stock

Burry said his investment is a long-term value play rather than a wager on renewed meme stock speculation.

7 months ago

Commerce Department invests $1.6 billion in USA Rare Earth to cut reliance on Chinese minerals

conservative

Commerce Department invests $1.6 billion in USA Rare Earth to cut reliance on Chinese minerals

The Trump administration took an equity stake in a critical minerals company, marking yet another government deal in the sector aimed at reducing the United States’s reliance on China.

7 months ago