There’s a slow-motion crisis in bonds — and this bearish strategist thinks it will hit stocks
Societe Generale’s Albert Edwards says the move higher in long government bond yields has been “relentless,” and investors have ignored it.
Disney ESPN flagship streaming app launches Thursday
Disney is launching its new ESPN flagship streaming app Thursday, just in time for the football season, bringing customers the full ESPN suite in one place. The entertainment company has been working on the launch of the direct-to-consumer app — which is also named ESPN — for some time. It’s designed to expand access for […]
TJX Cos. (TJX) Q2 2026 earnings
Shoppers come and go the TJ Maxx store at the Mall at Prince George’s on August 17, 2022 in Hyattsville, Maryland. Chip Somodevilla | Getty Images TJX Cos. on Wednesday reported earnings and revenue that beat Wall Street’s expectations and raised its full-year guidance, as the discounter behind T.J. Maxx, Marshalls and HomeGoods said it […]
Meta reportedly freezes its AI hiring spree amid wider restructuring
After a months-long hiring spree, Meta Platforms has frozen hiring in its artificial-intelligence division, according to a new report.
Walmart (WMT) Q2 2026 earnings
The logos of Walmart and Sam’s Club are pictured in Cuautitlan Izcalli, Mexico, January 30, 2025. Raquel Cunha | Reuters Walmart will report quarterly earnings on Thursday, as economists and investors try to gauge how U.S. consumers are responding to President Donald Trump’s decision to raise tariffs on dozens of countries across the globe. Here’s […]
The S&P 500 is at its most expensive by this measure. These stocks have bucked the trend.
The broad U.S. stock market is trading at a historically high level to companies’ revenue. But there are plenty of companies whose stocks haven’t followed suit.
Target picks Michael Fiddelke as CEO to replace Brian Cornell
Target’s Chief Operating Officer Michael Fiddelke will take over as CEO from Brian Cornell. Courtesy of Target Target on Wednesday said that company veteran Michael Fiddelke will become its next CEO at a critical point in its effort to break out of a sales slump and win back Wall Street’s favor. Fiddelke, the company’s 49-year-old […]
New Target CEO Michael Fiddelke faces challenges
People walk by a Target store in midtown Manhattan in New York City, March 21, 2025. Kylie Cooper | Reuters When Target’s new CEO Michael Fiddelke steps into the role in early February, he will inherit a company facing slumping sales, faltering customer loyalty and skeptical investors. Its fiscal second-quarter results posted Wednesday illustrated the […]
Fed officials see inflation just around the corner — and think consumers will bear the burden, minutes show
Federal Reserve officials believe inflation from new tariffs is just around the corner, and that American consumers are going to pay the costs, minutes of the Fed’s July meeting show.
Bankrupt Claire’s sells most of its North American business
Jewelry is displayed at a Claire’s store in Novato, California, on June 23, 2025. Justin Sullivan | Getty Images Claire’s announced Wednesday it is selling most of its North American business to private equity firm Ames Watson, just weeks after the jewelry retailer declared bankruptcy. The companies did not disclose any financial details of the […]
