Orders for manufactured goods jumped 1.1% in April largely because of the military, but business investment also rose sharply in a positive sign for the U.S. economy.
: These JPMorgan quants have a model for determining bubbles. Here’s what the model says now.
JPMorgan strategists say they have a way of determining bubbles. Here’s what the model says now.
Economic Report: Consumer spending is far from dead as Americans had cash registers ringing in April
Consumer spending jumped 0.8% in April as Americans bought more new cars and other goods and services, underscoring the resilience of the U.S. economy in the face of higher interest rates.
Economic Report: U.S. prices rise again as fight against inflation stalls, PCE signals
The cost of goods and services rose 0.4% in April and inflation appears to have gotten stuck in the 4% to 5% range, complicating the Fed’s interest-rate decision.
Earnings Results: Big Lots’ stock tumbles toward 32-year low after losses nearly double forecasts, dividend is suspended
Big Lots’s stock tumbles toward lowest price seen since 1991 after losses widen much more than expected and the dividend is suspended to bolster liquidity.
The Ratings Game: ‘Unprecedented’ and ‘unfathomable.’ Nvidia makes jaws drop on Wall Street as stock explodes higher.
Analysts were awestruck in describing Nvidia’s latest outlook, with one musing that it could have marked the “greatest beat of all time.”
The Ratings Game: Paramount stock takes off as controlling shareholder gets $125 million cash infusion
Shares of Paramount were popping in premarket trading Friday after the company’s controlling shareholder announced that it received a $125 million investment.
FA Center: Pay down your mortgage. Keep a 60/40 stock-bond portfolio. Some money rules are meant to be broken.
Financial advisers debate rules of thumb designed to help investors make sound money moves.
Futures Movers: Oil prices score a weekly gain as traders assess potential for more OPEC+ production cuts
Oil futures settle higher on Friday, contributing to a gain for the week, as investors weigh prospects for more output cuts from OPEC+.
Mark Hulbert: If you haven’t owned these 5 stocks, your portfolio probably is trailing the market
A handful of stocks has produced the global market’s long-term gain.
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