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You are here: Home / Archives for Top Stories

Metals Stocks: Gold prices settle nearly flat after U.S. inflation report shows prices edge up for first time in over a year

August 10, 2023 by MarketWatch.com - Top Stories

Gold prices ended slightly lower on Thursday after the U.S. July inflation reading came in broadly as expected, but the precious metal fell for a third day under pressure from the higher bond yields and a firmer dollar of the past couple of weeks.

Filed Under: Top Stories

: Siemens blames sales miss on China’s economic woes

August 10, 2023 by MarketWatch.com - Top Stories

Another sign of China’s tepid recovery came from German industrial conglomerate Siemens, which pinned disappointing sales on the lackluster economy.

Filed Under: Top Stories

Economic Report: U.S. inflation rate creeps back up, CPI shows, but probably not enough to worry the Fed

August 10, 2023 by MarketWatch.com - Top Stories

U.S. consumer prices rose a mild 0.2% in July, but the rate of inflation rose for the first time in more than in a year in a sign it’s going to take a while to get the rise in the cost of living fully under control.

Filed Under: Top Stories

: Social Security’s COLA could be about 3% in 2024 — after an 8.7% increase in 2023

August 10, 2023 by MarketWatch.com - Top Stories

The new forecast comes after the release of July’s consumer-price data, which showed inflation creeping back up.

Filed Under: Top Stories

Economic Report: U.S. jobless claims spike to highest level in a month

August 10, 2023 by MarketWatch.com - Top Stories

U.S. initial jobless benefit claims rose by 21,000 to 248,000 in the week ending Aug. 5 — the highest level since the week ending July 1.

Filed Under: Top Stories

The Ratings Game: Disney may be near a ‘turning point’ — for better or worse

August 10, 2023 by MarketWatch.com - Top Stories

While some on Wall Street are upbeat about Disney’s streaming profit focus, others worry it may be overplaying its hand.

Filed Under: Top Stories

Need to Know: Why Dr. Copper has lost its degree in forecasting the economy

August 10, 2023 by MarketWatch.com - Top Stories

Copper’s ability to predict economic growth is not what it used to be

Filed Under: Top Stories

: Viking Therapeutics stock gets boost from positive news that obesity drugs reduced risk of heart attacks and strokes

August 10, 2023 by MarketWatch.com - Top Stories

Biotech’s stock is up 13% in the week to date after Novo Nordisk said its Wegovy obesity treatment reduced the risk of cardio events by 20% in obese adults.

Filed Under: Top Stories

: Coach parent Tapestry to acquire Michael Kors parent Capri in cash deal valued at $8.5 billion

August 10, 2023 by MarketWatch.com - Top Stories

The new combined company “creates a new powerful global luxury house,” according to Tapestry.

Filed Under: Top Stories

The Ratings Game: Lyft’s second and third quarters look fine — but analysts are worried about the fourth

August 10, 2023 by MarketWatch.com - Top Stories

Analysts and investors on Wednesday zeroed in on the fourth quarter, when higher driver-insurance costs are expected to cut into margins.

Filed Under: Top Stories

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