Construction spending posts bigger-than-expected drop in May
Construction spending fell 0.1% in May, the Commerce Department reported Monday.
Robinhood brings AI to its customers with Pluto Capital acquisition
On Monday, Robinhood announced its acquisition of Pluto Capital, an investment-research platform that uses AI to offer tailored investment strategies.
Manufacturers are mired in a slump, ISM finds, and aren’t adding much to the U.S. economy
A key barometer of U.S. factories fell in June for the third month in a row, signaling that an ongoing slump in the industrial side...
Inside Starbucks’ plans to improve stores for customers and baristas
Starbucks is rolling out changes to barista workflows as it tries to reduce customer wait times.
Maersk shares jump on decision to scrap plans for DB Schenker takeover
The Danish shipping giant’s CEO said Maersk had decided to withdraw from the sales process after identifying challenges with integrating the German logistics company.
Ray Dalio says markets ‘prefer capitalists’ as potential ‘extremist’ clash looms
U.S. voters may be left with a choice between extremists after President Joe Biden’s dismal debate performance, says billionaire investor Ray Dalio.
Ryan Cohen makes first X post in months as GameStop seeks app developers
The GameStop CEO’s posts are closely followed for hints about his plans for the company.
Forget about your retirement portfolio beating inflation over the next 10 years
Expect stocks to produce a negative-1.9% post-inflation return between now and 2034.
Is the market peaking? Not yet. But we’re getting closer.
10 signs that stocks are short of breath.