Birkenstock’s biggest shareholder is selling millions of shares, sending them lower
Shares of Birkenstock Holding fell after hours on Monday after the iconic sandal maker said its biggest shareholder would offload some of its investments in...
Paramount to raise prices for its streaming subscribers this summer
The company, home to brands such as CBS, MTV, Nickelodeon and the Paramount film studio, said the new price will go into effect Aug. 20...
The housing market’s hot ticket right now? Home-equity financing from credit unions.
Credit unions have become a go-to source of financing for owners looking to pull equity out of their homes.
The stock market would do better if earnings weren’t growing so fast
You may think that these projected growth rates are very good news, but history suggests otherwise
As critical elections loom, poll-based investing is a ‘dangerous strategy,’ chart shows
“Recent election surprises in Mexico, India, and the European Union have underscored the volatility that can arise from unforeseen political outcomes,” Principal Asset Management’s Seema...
Rising jobless claims hint at cracks in the economy. Or do they?
Are rising jobless claims a sign of emerging weakness in the economy? Don’t bet on it — at least not yet.
Larry Summers says the Fed and investors are ‘badly wrong’ on inflation’s path
Former Treasury Secretary Larry Summers on Monday took aim at the Federal Reserve’s strategy for defeating inflation, while also taking credit for predicting last year...
Summer is here — but pool demand less so, Pool Corp. says
Swimming-pool gear distributor Pool Corp. on Monday slashed its profit outlook for this year, citing “persistently weak” demand for new pool construction, sending shares sharply...