The Fed’s 25-basis-point move is its eighth consecutive straight interest-rate hike.
The Ratings Game: ‘Patience will be rewarded’: Why Wall Street analysts aren’t freaking out over Amazon’s results and think shares are worth more
Wall Street was raising their target prices on shares of Amazon, as main street was selling. The e-commerce giant is about investing in a long game, say many analysts.
: Ultraprocessed foods such as soda, microwaveable food and salty snacks linked to an array of cancers, according to study of 197,000 people
In order to prolong their shelf life, highly processed food often contains additives such as flavor enhancers, sweeteners, and industrial chemicals.
Market Extra: The stock-market rally survived a confusing week. Here’s what comes next.
Stocks are off to a stellar start in 2023, but there’s a key conflict that must still be resolved.
: Chinese moviegoers — starved for entertainment and craving normalcy — are set to put the country’s film industry back on top
China’s box office receipts this year have already hit the $1.5 billion mark, the quickest time it has done so on record.
: Tesla’s Elon Musk found not liable in ‘funding secured’ trial
Tesla Inc. Chief Executive Elon Musk was found not liable on Friday in a federal trial in San Francisco around his “funding secured” and other tweets in 2018.
: Ryan Reynolds–owned soccer club Wrexham will play in $1 million winner-take-all U.S. tournament
Actors Ryan Reynolds and Rob McElhenney made a highly publicized purchase of soccer club Wrexham in 2020. The club will play in the Soccer Tournament this summer.
: RH to restate quarterly results after errors in earnings-per-share calculations
RH, the retailer formerly known as Restoration Hardware, said in a filing late Friday that it will restate per-share earnings results for several periods.
: Chip sales hit a record in 2022, even as a pandemic shortage turned into a glut
Global chip sales managed to rise slightly to a record high in 2022 even as a two-year pandemic-driven chip shortage flipped to a glut midyear.
Mark Hulbert: Are we in a new bull market for stocks?
We may be in a new bull market for stocks. But the bad news is the rally may have already gotten ahead of itself.