German inflation drops to 1.9%, lowest rate since March 2021
Germany’s CPI data showed inflation in August fell below the ECB’s 2% target for the first time since March 2021
Pending home sales drop 5.5% to all-time low in July
Pending home sales hit a fresh record low in July as declining mortgage rates failed to spark increased activity, in part because of the uncertainty...
Burlington Stores profit more than doubles, stock trades flat
Burlington Stores Inc. more than doubled its second-quarter profit and beat analyst expectations, but its stock traded flat as the retailer flagged cost challenges ahead.
Gap shares halted after apparent early earnings release
Gap shares were halted after the apparent early release of its earnings, which are due after the closing bell Thursday.
GM folding its all-electric BrightDrop vans into Chevrolet brand
GM will fold its electric BrightDrop commercial vans into the Chevrolet brand in an attempt to increase sales, accessibility and recognition of the vehicles.
Dogecoin whale inflow surge by 118% as Poodlana gains 148% in a month
Dogecoin (DOGE) net flow into whale wallets has surged by 118%, signalling bullish momentum. Poodlana’s price has jumped 148.75% in 30 days, fueled by strategic...
Tesla is the Apple of energy, analyst says in new bullish call on the stock
A William Blair analyst likes Tesla’s energy-storage offerings and thinks that business could get more attention while EV expectations are more muted.
Labor Day gas prices are lower than usual, but these wild cards could still fuel a spike
The cost of gasoline at the pump has been falling ahead of the traditional end to the summer driving season. Analysts warn that drivers still...
New regional Fed paper suggests central bank should return to shorter-duration portfolio
A new research paper from a regional Fed bank suggests the U.S. central bank should return to a shorter-duration portfolio that was common before the...