Market
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Cannabis company Tilray placed a huge bet on craft beers. It’s already paying off.
That bet appears to be paying off, with the company reporting better-than-expected quarterly sales late Monday, in part due to…
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Sprouts Farmers Market says people are sticking with their diets despite higher food prices
Shares of Sprouts Farmers Market Inc. jumped after hours on Monday after the wellness-focused grocery chain bumped its full-year outlook…
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The owner of Bed Bath & Beyond and Overstock says it’s winning back customers, and shares are rallying
Shares of Beyond Inc., the company that owns Bed Bath & Beyond and Overstock, jumped after hours on Monday after…
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Historic changes are coming to home buying in August. Here’s what you need to know.
In a few weeks, home buyers across the U.S. will be confronted with a big difference in how they interact…
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What is ‘surveillance pricing’ and why is the Biden administration cracking down on it?
Consumer advocates are concerned that companies want to use personal data to optimize pricing and boost sales. Source link
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Treasury sharply cuts third-quarter borrowing estimate
The Treasury Department said Monday it expects to borrow $740 billion in the third quarter, which is $106 billion less…
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U.S. stocks could face elevated downside risk in coming months, BofA strategists say
The rally in U.S. stock market might be due for a downshift in coming months as seasonal trends bring elevated…
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Why Arm’s stock just got a downgrade after its big rally
HSBC sees Arm shares trading at a premium to peers after they more than doubled on the year through Friday’s…
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Nvidia’s stock pulls back ahead of a big weekly test
This is a big week for semiconductor earnings, and also for reports from companies that spend heavily on Nvidia hardware.…
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McDonald’s to offer more value meals to entice struggling consumers
McDonald’s reported Monday a triple miss with second-quarter results, as profit and revenue fell below expectations and comparable sales surprisingly…
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