Instacart’s stock dropped to new lows Monday after another Wall Street analyst recommended investors not buy into the grocery-delivery app.
The Tell: ‘Eventually something will break’: JPMorgan strategist warns rising bond yields could unleash a ‘financial accident’
Here’s one reason investors might consider betting on a bond-market rebound: because if prices keep falling, and yields keep rising, it could trigger a financial catastrophe.
: Tesla misses lowered sales expectations, but Wall Street sees ‘better days ahead’
Tesla reports third-quarter sales that missed already lowered expectations.
: Stocks of both former-Kellogg Kellanova and new WK Kellogg drop on first day after separation completed
Kellanova, formerly known as Kellogg Co., limped out of the gate Monday along with WK Kellogg Co. The two stocks were spun out of the former Kellogg.
Economic Report: U.S. manufacturers show signs of revival, ISM finds, but still face tough times
There were signs of improvement and some companies even increased employment.
The Tell: Bill Ackman says Fed is likely done hiking interest rates as U.S. economy is starting to slow
Ackman said he believes the Federal Reserve won’t be raising borrowing costs again this year.
: Sphere Entertainment’s stock climbs after Sphere venue opens with stunning U2 concert
The Sphere concert venue opened in Las Vegas with a stunning show by U2.
: U.K. to hike minimum wage. Here’s how it compares to the U.S. and the rest of the world
The U.K.’s chancellor of the exchequer, Jeremy Hunt, on Monday outlined plans to lift Britain’s minimum wage.
Economic Report: U.S. construction spending rises for the eighth straight month in August
Construction spending rose 0.5% in August, the Commerce Department reported Monday.
: Marcus Theatres’ stock rises as Beyoncé concert film set for release
“Renaissance: A Film by Beyoncé,” will hit Marcus Theaters starting Dec. 1, with special early screenings Nov. 30
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