Despite a raft of risky events that investors must face down over the coming weeks, some on Wall Street believe that the latest bear-market rally in stocks has more room Read more
Tag: basic materials
Mobileye IPO: 5 things to know about the Intel autonomous-driving spinoff
While Intel INTC, +0.71% executives reportedly dreamed of a valuation as high as $50 billion, the market for initial public offerings has crashed in 2022 after a record year in Read more
Gold prices soften as strong dollar and higher yields take their toll
Gold and silver prices continued to soften on Tuesday as a strong dollar and higher government-bond yields continued to take their toll on precious metals. Price action Gold futures for Read more
SEC accuses Cronos and former exec of fraud in second move in a week against a once-hyped pot stock
The Securities and Exchange Commission on Monday charged Canadian pot producer Cronos Group Inc. and a former executive with accounting fraud, accusing them of improperly booking sales and overstating revenue Read more
U.S. tosses 300 lbs. of plastic per person annually. Why we’re bad at recycling.
A scant 5% of the plastic waste generated in the U.S. last year was recycled, according to new research by Greenpeace. Americans discarded 51 million tons of wrappers, containers, bottles Read more
Dove and Sauve part of dry shampoo recall for traces of cancer-causing benzene
Check your bathroom for select spray dry-shampoo brands including Dove, Suave, TRESemmé and TIGI’s Rockaholic and Bed Head — they’ve been voluntarily recalled after experts flagged the products for “potentially elevated Read more
U.S. stock futures surge after Wall Street’s best week since June
U.S. stock futures surged out of the gate late Sunday, after Wall Street notched its best week since June. Dow Jones Industrial Average futures YM00, +0.64% jumped more than 200 Read more
U.S. stock futures surge after Wall Street’s best week since June
U.S. stock futures surged out of the gate late Sunday, after Wall Street notched its best week since June. Dow Jones Industrial Average futures YM00, +0.60% jumped more than 200 Read more
Hospital stocks tumble after HCA and Tenet’s latest earnings fall short of expectations
Hospital stocks plunged in trading on Friday after two leading hospital companies — HCA Healthcare Inc. and Tenet Healthcare Corp. — failed to meet investor expectations for the third quarter. Read more
‘Mounting fear is that something else will break along the way’: Stock-market investors look ahead to PCE inflation data amid Fed overtightening worries
Some investors are on edge that the Federal Reserve may be overtightening monetary policy in its bid to tame hot inflation, as markets look ahead to a reading this coming Read more