Tom Brady just did some Monday Morning quarterbacking of his Netflix Roast — and he clearly wasn’t completely happy with all that went down. The NFL legend hopped on “The Pivot Podcast” posted on Tuesday, Read more…
TheStreet’s Conway Gittens brings the latest business headlines from the floor of the New York Stock Exchange as markets open for trading Wednesday, May 15. Related: Stock Market Today: S&P 500 eyes record high on Read more…
Summary The first CPI report of Q2 should be seen as welcome news by the FOMC. The headline CPI rose 0.3% in April, a tenth below consensus expectations, while the core CPI also increased 0.3%, Read more…
Markets Counting down to the key US CPI release, markets clearly positioned for an outcome that kept the door open for a Fed rate cut post summer holidays. US yields already declined about 2.0-3.5 bps Read more…
Every day, you read news stories about the state of the economy and the stock market affecting consumer and investor behavior. The story goes something like this: When the economy and financial markets show signs Read more…
Sometimes a struggling retailer manages to mask its troubles, so customers have no idea that anything might be wrong. That’s a good tactic in some ways, especially for a privately held company, because when vendors Read more…
NBC is poised to take away Warner Bros. Discovery’s NBA’s media rights package. It looked like that late last month when it was first reported by the Wall Street Journal that Comcast was throwing at Read more…
The Consumer Price Index (CPI) rose 0.3% month-on-month (m/m) in April, a tick below the consensus forecast. On a twelve-month basis, CPI inflation edged lower by 0.1 percentage points to 3.4%. Higher gasoline prices (+2.8% Read more…
Retail sales came in flat for the month of April. Additionally, March’s growth was revised downward to a 0.6 % gain (previously 0.7%). The reading was lower than the consensus forecast calling for a modest Read more…
Fast facts: Rite Aid has been hemorrhaging money and struggling to keep up in the competitive retail pharmacy industry amid high inflation, rising costs, and a heap of lawsuits resulting from filling hundreds of thousands Read more…