Overall Halloween spending is expected to break a record $12.2 billion this year, the National Retail Federation reports, with the average person spending $108.
In One Chart: ‘Fed hikes are biting harder and harder,’ says Apollo economist
The Federal Reserve’s rate hikes are making it more painful for companies that need fresh debt, says Torsten Slok, chief economist at Apollo Global Management.
The Margin: Has caviar gone mainstream? You can now pair your fish eggs with Pringles.
The ‘Crisp and Caviar’ kits inspired by the ‘Real Housewives of New York’ and TikTok trends are just $49 to $140, priced for the ‘caviar curious.’
: UAW strike: 5 things to know
The UAW strike enters its fourth weekday with no resolution in sight and the threat of expanding the labor action.
: Canopy Growth’s stock falls back below $1 after 46 million shares are registered for sale
Canopy Growth’s stock dropped back below the $1 mark Wednesday after the cannabis company registered roughly 46 million shares for sale to the public.
: What the backlash to the new U.S. News college ranking methodology is really about
The publication’s change to emphasize outcomes rankled some schools, like Vanderbilt University, that fell several spots.
Earnings Results: General Mills fails to hold stock gains as earnings beat by a narrow margin as consumers remain cautious
Parent of brands including Cheerios, Blue Buffalo pet products and Pillsbury said sales rose 4% as it again raised prices to offset lower volume.
: SEC cracks down on misleading fund names and ‘greenwashing’
The SEC was poised to adopt a new rule Wednesday aimed at preventing investment companies from using misleading names to market their funds to investors.
The Advicer: I have $2M and am paying my financial adviser 1%. How often should we speak? (Psst: Pros say this is the minimum.)
Have an issue with your financial adviser or looking for a new one? Email picks@marketwatch.com.
Chuck Jaffe: Most long-term investors can ignore the Federal Reserve’s latest move
Portfolio asset allocation — and the emotional discipline to stick with it — determines your financial success more than what Fed does.
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