Paid medical debt is rolling off consumer credit reports in an overhaul that the credit bureaus say will improve people’s financial wellbeing. In a time of rising interest rates and Read more
Tag: Corporate
Chip sector looks at 10% drop on week as signs point to declining demand
The semiconductor sector was facing one of its worst weeks in an already lousy year following more evidence that the COVID-19 chip sector boom was drawing to a close. On Read more
News and analysis for those planning for or living in retirement
From MarketWatch: Scared of stocks? Most investors are too conservative with their retirement plans: With market volatility, it’s understandable why some Americans are hesitant to put their money into equities Read more
Fourth of July travel: 42 million people to hit the road, despite gas prices
Millions of Americans will be driving from sea to shining sea over the Fourth of July weekend, historically high gas prices be damned! That’s according to AAA’s Independence Day travel Read more
Wall Street profit expectations for megabanks cooled only slightly despite deep freeze in stocks
The disconnect between healthy business performance and ailing share prices in 2022 will likely continue for megabanks through this year’s second-quarter earnings season, amid bear market conditions for stocks. Investors Read more
‘Stranger Things 4’ product visibility is worth up to $25 million for Coke, Jif and other brands
“Stranger Things” is no stranger to shilling things. The fourth season of the hit Netflix series continues the show’s tradition of featuring countless consumer brands front and center. The main Read more
NOAA’s July weather outlook ‘incrementally positive’ for natural gas, says MKM analyst
The National Oceanic and Atmospheric Administration updated on Thursday its weather outlook for July, forecasting above-average temperatures for most of the U.S. MKM Partners Managing Director Leo Mariani said that Read more
GM Q2 sales drop 15%, adding to auto maker’s ‘timing’ woes
General Motors Co. said Friday its second-quarter sales fell 15% from a year ago thanks to supply and production problems that also led the auto maker to dial down quarterly Read more
Weekend reads: What’s ahead for the stock market after that brutal first half of 2022
The first half of 2022 marked a big change for investors and consumers, as inflation reared its ugly head. It was the worst start of the year for U.S. stocks Read more
There may be another shoe to drop after Micron’s big outlook miss
Micron Technology Inc. delivered an outlook that fell far short of the consensus view, prompting questions about how the memory market will fare in a downturn. The company expects August-quarter Read more