Williams-Sonoma’s stock slides 9% after revenue falls short of estimates and retailer trims guidance
Home furnishings are being hurt by uncertainty about the economy and a slow housing market, CEO says.
Home furnishings are being hurt by uncertainty about the economy and a slow housing market, CEO says.
Oil futures moved higher Thursday, consolidating after ending the previous session at their lowest since January, following revised U.S. jobs data that stoked worries about the outlook for crude demand.
Unilever was given a double a upgrade to buy by BofA, which said the sale of Ben & Jerry’s removes a “distraction.”
TD Bank could join Wells Fargo in getting slapped with a cap on assets due to regulatory failings.
The U.S. economy grew at a steady clip in August, a pair of S&P surveys found, and indicated little threat of recession amid signs the labor market has cooled off more rapidly than previously believed.
United Wholesale Mortgage steps up hiring as mortgage lenders gear up for more business — even as some big banks cut exposure to retail home lending.
There’s been a lot of talk about potential delays for the new Blackwell chip lineup, but a more immediate question centers on supply constraints for the Hopper line.
Existing-home sales rose to a rate of 3.95 million in July, the National Association of Realtors said.
Polaris Dawn will transport 36 experiments into space and spend up to five days in orbit. The mission’s research aims to advance both human health on Earth and the understanding of human health during future long-duration spaceflights.
U.S. Treasury’s debt issuance has effectively offset all of the Fed’s 2023 interest-rate hikes.
The Fed’s rate-cut timeline could disappoint stock and bond investors.
TD Bank sold 40.5 million shares of Schwab’s stock.
Equity investors appear to have moved past the “growth scare” fears that helped to inspire the summertime bust-up that nearly landed the S&P 500 in correction territory earlier this month.
The number of Americans who applied for unemployment benefits last week rose slightly to 232,000, but it was another low reading that signals few people are being laid off even as jobs become harder to find.
Investors shrug off upbeat sales comments.
BJ’s summed up the results as “strong” due to “robust membership, accelerating traffic and unit growth, and a fast-tracking digital business.”
A new report from investment manager ClearBridge took a deep dive into labor-market data, and found that the economic picture isn’t as gloomy as perhaps it looks.