Wall Street shrugged off headlines of President Donald Trump‘s impeachment. Stocks rallied to record highs on Thursday a day after Trump became the third president to be impeached by the House. Here’s what five experts expect now. Libby Cantrill, head of public policy at Pimco, says impeachment could still impact the […]
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Nike earnings beat, sales rise, as Jordan brand hits $1 billion
Nike on Thursday reported quarterly earnings and sales that beat analysts’ expectations, as more customers flocked to its stores for limited-edition Jordan sneakers and ordered athletic apparel from its website. The company said its Jordan brand had its first ever billion-dollar quarter, thanks to new innovation and a spike in […]
Market Zone: Investors at risk of being ‘too optimistic,’ JP Morgan strategist says
The S&P 500 continued its strong run Thursday, topping the 3,200 level for the first time, but one major strategist said the market may be going too far. Jack Manley, global market strategist for JP Morgan Asset Management, said in the Market Zone on CNBC’s “Closing Bell” that investors may […]
Stocks making the biggest moves after hours: Nike, Smart Global and Biogen
Detail view of Nike shoes worn by members of the Syracuse Orange dance team during the game against the Georgetown Hoyas at the Carrier Dome on December 8, 2018 in Syracuse, New York. Syracuse defeats Georgetown 72-71. Brett Carlsen / Getty Images Check out the companies making headlines after the […]
House approves USMCA trade deal after more than a year of talks, sending it to Senate
The House passed a new North American trade deal on Thursday, ending a more than year long slog to iron out Democratic concerns about the agreement. The chamber approved the United States-Mexico-Canada Agreement, one of President Donald Trump’s economic and political priorities, in an overwhelming 385-41 vote. Thirty-eight Democrats opposed […]
If you made a claim for $125 from Equifax, you’re not getting it after court awards nearly $80 million to attorneys
If you filed for a cash payout from Equifax as part of the credit bureau’s settlement for its massive 2017 data breach, you’re probably not getting anywhere close to $125. On Thursday, Dec. 19, a Georgia federal judge awarded $77.5 million to the attorneys representing the class of consumers against […]
S&P 500 rises, tops 3,200 for the first time as investors ignore Trump’s impeachment
Stocks rose to all-time highs on Thursday as investors looked past the news of President Donald Trump’s impeachment by the House as well as mixed U.S. economic data. The S&P 500 advanced 0.5% to 3,205.37, marking its first close above 3,200. The Dow Jones Industrial Average climbed 137.68 points, or […]
Here’s what you need to know about Thursday’s 2020 Democratic presidential debate
Democratic presidential hopefuls, Mayor of South Bend Pete Buttigieg (L), Massachusetts Senator Elizabeth Warren (C) and former Vice President Joe Biden, arrive onstage for the fifth Democratic primary debate of the 2020 presidential campaign season co-hosted by MSNBC and The Washington Post at Tyler Perry Studios in Atlanta, Georgia on […]
Consumer data, a key inflation measure, earnings: 3 things to watch for in the markets on Friday
Carnival Cruise Line Here are the most important things to know about Friday before you hit the door. 1. Consumer data We’ll get consumer spending and personal income economic data on Friday. Consumer spending data will come out at 8:30 a.m. from the Commerce Department. Economists polled by Dow Jones […]
Critics find ‘Cats’ to be an ‘obscene,’ ‘garish’ and ‘overtly sexual’ adaptation of the hit Broadway show
Taylor Swift as Bombalurina in “Cats.” Universal “Cats” seemed to have it all — a stellar cast, memorable music from a Tony Award-winning Broadway show and the careful guidance of acclaimed director Tom Hooper. Then the first trailer dropped. While Hooper had said he planned to ditch the iconic costumes […]