We’re heading for a $950 billion CD ‘maturity tsunami’ — what’s your next move?
Many 1-year CDs will come due right when interest rates are set to drop.
American Eagle Outfitters stock drops as Q2 revenue misses analyst estimate
Retailer expects 2024 operating income of $455 million to $465 million, below the analyst projection of $469 million
Jobless claims inch lower in latest week
Applications for unemployment benefits drop 2,000 to 231,000
Campbell Soup stock falls after Q4 loss
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American Eagle saw profits grow nearly 60% as costs come down
American Eagle missed sales targets for a second quarter in a row but its profits were 60% higher as inflationary costs begin to tick down.
Dollar General shares crater 20% as retailer cuts outlook, blaming ‘financially constrained’ customers
The discount retailer slashed its guidance for full-year same-store sales and profit.
Here’s how low mortgage rates have to go to restore the frozen U.S. housing market.
The monetary transmission mechanism is weak, so how low must rates go to stimulate the housing market
Birkenstock’s stock slides 12.6% after profit falls short of estimates
German sandal maker backed medium and long-term profit goals.