“Luxury goods are the only area in which it is possible to make luxury margins,” said Bernard Arnault, CEO of LVMH, the world’s largest luxury group behind powerhouses such as Louis Vuitton, Christian Dior, Fendi, Read more…
The 30-year fixed mortgage rate is 6.69% as of Aug. 6, according to Freddie Mac data. This is a 0.03% increase from the previous week. The 15-year fixed rate is actually down 0.03% to 6.01%. Read more…
The S&P 500 has had a strong 2026. Most of the gains have come from the same group of technology and AI stocks that have been driving the market for two years. One portfolio manager Read more…
SpaceX (SPCX) stock investors are still reeling from a post-earnings sell-off, digesting a quarter dominated by soaring CapEx and growing questions over cash generation. Before the report, Wall Street was looking for strong headline numbers Read more…
Ford has been losing billions on its electric vehicle ambitions for years, so the company has switched gears. Instead of making high-end EVs that cost a lot more than its gas-powered and hybrid offerings, Ford Read more…
I believe that when a stock is down nearly 10% year to date and down 38% over three years, the CEO’s job on a quarterly earnings call is not just to report results. It is Read more…
AI CapEx fatigue continues to sour investors as hyperscalers shell out billions on data centers, chips, and power infrastructure without a clear timetable for returns. Wall Street’s been bracing for evidence of the spending boom Read more…
TheStreet aims to feature only the best products and services. If you buy something via one of our links, we may earn a commission. Why we love this deal Everyone feels more confident when wearing Read more…
Going to the grocery store is a part of life we mostly do on autopilot: make a list, go to our local favorite store, look for good deals here and there, and head back home Read more…
Most people build a retirement the slow way. Thirty or 40 years of payroll deductions, an employer match if they are lucky, and a balance that mostly sits there doing unglamorous work in the background. Read more…