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Despite stellar earnings, Samsung's stock slumps
Samsung just reported a whopping 1,800% profit increase for the second quarter of this year. But its stock price fell nearly 7% in response to the ne…
1 month, 3 weeks ago
Back-to-school shopping? Already?
U.S. families expect to spend more than $900 on back-to-school shopping this year, according to one PwC survey. Big box retailers have taken advantag…
1 month, 3 weeks ago
Trading up to an AI-proof career
Careers in the trades — a path that’s largely more AI-proof, less expensive, and more dependable — are attracting more attention. We visit Hope Renov…
1 month, 4 weeks ago
An underwhelming June jobs report
The Labor Department’s June jobs report came in with just 57,000 new jobs added. Economists expected double that, and while the unemployment rate tic…
1 month, 4 weeks ago
What would make Kevin Warsh consider a "Fed put?"
It’s unclear what Federal Reserve Chair Kevin Warsh will do regarding interest rates, but would a “Fed put” actually help promote stability in financ…
2 months ago
A confusing economy means a less confident consumer
Fresh data on consumer confidence shows a lot of mixed signals — Americans are feeling better about the economy and where inflation is headed, but wo…
2 months ago
The president's new power over independent agencies
The Supreme Court’s ruling Monday expanded presidential power over agencies that would traditionally be viewed as independent, with the Federal Reser…
2 months ago
The AI inflation roller coaster
Economists are forecasting that AI is likely to cause prices to rise over the course of the next year. On Thursday, both Microsoft and Apple said the…
2 months ago
Inflation sped up in May. What's to blame?
Inflation was up 4.1% in May, according to the BEA’s personal consumption expenditures index. We know hot energy prices, resulting from the war in Ir…
2 months, 1 week ago
High inflation or ... high inflation?
When the U.S. launched a war against Iran, some Wall Street traders bet the ensuing energy shortages would push inflation up. Now that a ceasefire ha…
2 months, 1 week ago