Ross says business is slower than before, and that it could have done better
Ross’s CEO is ‘disappointed’ with discount retailer’s sales as business slowed from the first half of the year.
Gap (GAP) Q3 2024 earnings
Hurricanes and unseasonably warm weather hit sales at Gap during its fiscal third quarter, but the apparel company still posted better than expected results, leading it to raise its annual guidance for a third time this year. Gap, which runs Old Navy, Banana Republic, Athleta and its namesake banner, is now expecting fiscal 2024 sales […]
CFPB expands oversight of Apple Pay, other digital payments services
Rohit Chopra, director of the CFPB, testifies during the Senate Banking, Housing and Urban Affairs Committee hearing titled “The Consumer Financial Protection Bureau’s Semi-Annual Report to Congress,” in the Dirksen Building on Nov. 30, 2023. Tom Williams | Cq-roll Call, Inc. | Getty Images The Consumer Financial Protection Bureau on Thursday issued a finalized version […]
Why one technical analyst sees a ‘tactical opportunity’ in Treasurys
During recent conversations with MarketWatch, several institutional investors expressed trepidation about buying more Treasury notes and bonds for their portfolios.
TGL New York Golf Club brings on Eli Manning, Derek Jeter as investors
New York Golf Club includes Matt Fitzpatrick, Rickie Fowler, Xander Schauffele and Cameron Young. Courtesy: TGL Tiger Woods and Rory McIlroy’s new golf league, TGL, is getting some fresh star power representing the Big Apple. Cohen Private Ventures, the family office of Steve Cohen, announced on Thursday that Eli Manning, Derek Jeter, CC Sabathia, Michael […]
Beware of the ‘Ponzi funds’ that are hiding in plain sight, says strategist
The rise of thematic funds leads to Ponzi-like situations, say researchers.
American Airlines to shame boarding line cutters with new technology
Haiyun Jiang | Bloomberg | Getty Images Watch out, line cutters. American Airlines is rolling out new technology across the country to crack down on travelers trying to get on the airplane before their boarding group is called. Customers who try to scan a boarding pass before their group is called will hear a two-note […]
How Taylor Swift and Beyoncé fans could fuel a fresh meme-stock frenzy with music ETFs
GameStop co-founder Gary Kusin sees parallels between Swifties and the videogame retailer’s intensely loyal fans.
Comcast cable networks spinoff emphasizes need for change in media
Nikolas Kokovlis | Nurphoto | Getty Images Comcast shares posted modest gains Wednesday after the company announced its plan to spin off all of NBCUniversal’s cable networks, except Bravo, into a separate publicly traded entity. Investors’ initial shrug at the proposed transaction underscores the uncertainty of the maneuver. The hope for Comcast is that by […]
Hyundai all-electric Ioniq 9 three-row SUV revealed
2026 Hyundai Ioniq 9 EV. Hyundaio Hyundai Motor’s newest all-electric vehicle is the 2026 Ioniq 9 SUV — a three-row, up to seven-passenger SUV for the U.S. market. The new vehicle is Hyundai’s largest EV entry to date, joining the smaller Ioniq 5 and Ioniq 6 all-electric vehicles in the carmaker’s growing fleet. The Ioniq […]
