Strong consumer spending, likely augmented by consumers seeking to maximize their value in a market wracked by high inflation, drove Costco quarterly revenue and profit estimates beyond Wall Street expectations.…

Stocks surged on Thursday as investors rushed in and put the market on track to end a 7 week losing streak. The S&P 500 rose 2%, the NASDAQ was up…

New single family home sales dropped for the fourth straight month in April. High prices and rising mortgage rates triggered the decline, as new residential sales fell 16.6%  from March’s…

In June of 2021 Governor Greg Abbott singed a bill in Texas giving those in the firearms industry the same protections as those the government shields from racism, sexism, ageism,…

Inflation has begun to shift buying behaviors at the grocery store, as buyers begin to show a preference for frozen foods over fresh food. Frozen food maker Saffron Road has…

Yahoo Finance is reporting that Elon Musk’s latest 13D Amendment filing reveals he is boosting his personal aggregate equity commitment to the takeover by $6.25 billion, to $33.5 billion. It…

Meeting minutes of the Fed released Wednesday showed a strong commitment to two .5% hikes in June and July. This will follow a May 4th hike of .5% to a…

Tesla stock slumped as production woes in China continued to plague the electric car maker, leading analysts to slash price targets on the once indominable stock. Daiwa analyst Jairam Nathan…

After Snap Inc. issued a warning on profits, the contagion spread to tech stocks more broadly, wiping out $135 billion and investors rush to unload shares. These woes further weighed…

Goldman Sachs Group Inc. and Bank of America Corp. strategists are predicting that US equities will see more losses until the Fed decides to reverse its current position on monetary…