PagerDuty Inc.’s stock initially inched higher in extended trading Thursday after the cloud-computing company reported quarterly results that breezed past analysts’ revenue and earnings estimates. Subsequently, they fell into negative territory.
: Trump doubles down on call for ‘simple but powerful tariff’ that has been slammed by economists
Donald Trump is arguing for his tariff policy in a letter to the Wall Street Journal, calling levies “an important tool of U.S. national security” as economists slam his proposals.
The Ratings Game: Here’s how much regional banks could lose under new liquidity rules
Regulators have warned regional banks about managing liquidity levels, in an expected change following new long-term debt requirements.
Market Extra: Labor Day is just a ‘milestone’ in the marathon to get workers back to the office
“Little by little, we are finding the office isn’t dead,” says Moody’s Analytics Thomas LaSalvia, except for outdated building.
: Housing affordability is now at its worst level since 1984, Black Knight says
In January 2013, the payment-to-income ratio was just 17.1%. In July 2023, it was 38%.
: Signet Jewelers has a pretty good idea when you’ll get engaged
Signet’s stock rose after the parent of Kay Jewelers and Zales raised its profit outlook, saying the number of couples getting engaged should start increasing.
Financial Crime: Man sentenced to record prison term in fake native-Alaskan art scheme
Prosecutors say Cristobal Rodrigo made more than $1 million on supposedly Alaskan-made carvings and totem poles which had come from the Philippines.
: Top men’s tennis players to be guaranteed up to $300,000 a year in income in 2024
Before the U.S. Open started, the ATP unveiled a financial program that will guarantee income for some tennis players next year.
Lawrence G. McMillan: Stock market bulls are still on top
U.S. stocks are set up forat least a modest advance from here.
Washington Watch: Energy Department to help fund EV-factory updates as issue percolates in UAW talks
President Biden will make $12 billion available for automakers and suppliers to retrofit factories to produce electric vehicles and other advanced models.
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