How Americans buy furniture is starting to change
Furniture retailers have spent years waiting for the housing market to revive demand for sofas, beds, and other big-ticket home purchases. That rebound
Economy
Business
Energy Stocks: CCJ $99, CEG $279, EQT $54 and VST $147
Energy has been the best-performing corner of the market this month, and almost every explanation of why is wrong. The sector ETFs rallied
Business
Dollar mostly flat after inflation meets expectations
The US dollar has held around familiar areas with July’s inflation matching the consensus precisely. American inflation, headline and core, on 12 August
Investing
USD/JPY forecast as US and BoJ forex intervention backfires
The Japanese yen continued its recent retreat, reaching its lowest level since July 31 as the recent US intervention backfired. The USD/JPY pair
Economy
Resort destination mall and hotel file Chapter 11 bankruptcy
Consumers’ flight from brick-and-mortar stores in malls became a major problem for retailers as internet sales and e-commerce began taking business away from
Economy
Another brewery and distillery brand closes all its taprooms
A once-fast-growing beverage brand is making a major retreat from the physical spaces that helped build its identity and exiting an entire part
Business
Intel INTC stock prediction: $148 bull case vs $62 bear case
Intel did not lose $11 billion last quarter. That number is real, it is audited, and it sits at the top of the
Business
CXMT’s 466% debut hit Micron and SK Hynix — its…
The market did not sell Micron because a Chinese company started making high-bandwidth memory. It sold Micron because a Chinese company listed. ChangXin
Economy
Wells Fargo sends strong signal on Dick’s Sporting Goods
Dick’s Sporting Goods stock (DKS) got a fresh vote of confidence from Wall Street this week, and the timing is unusual. The upgrade
Economy
‘Honest alcohol’ company closes last physical locations
A once-fast-growing beverage brand is making a major retreat from the physical spaces that helped build its identity and exiting an entire part