Community banks are “Fed-policy translators” — and their shares are highly sensitive to central-bank decisions.
Community banks are “Fed-policy translators” — and their shares are highly sensitive to central-bank decisions.
Lowe’s stock gains after it beat earnings expectations a day after Home Depot missed. Lowe’s also announced it was buying a bigger building-products company than its rival did in June.
The success rate of cardholders who asked for a lower credit-card interest rate is at its highest since 2021. But as lenders wait to see how the economy moves in the coming months, experts say they might be tightening their belts.
Target CEO Brian Cornell has been in charge of the retailer for the past 11 years.
“My friend is working on an exit plan.”
Estée Lauder’s stock drops after announcement of jobs cuts and a profit warning.
TJ Maxx parent’s stock rallies toward a record after an earnings beat and raised outlook.
Meredith Whitney is worried about a bifurcated economy. Here is how she’s playing that.
One analyst says a pullback in promotional deals raised prices, possibly due to “a desire to protect margins in a tariffed environment.”
Chinese EV maker XPeng said it narrowed its losses as revenue more than doubled in the second quarter.