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Hayden Buckfire
U.S. Government Efficiency Is At Its Highest In 80 Years By This Jobs Measure - But There's A Catch
US economy sees mixed signals in June jobs report, with growth in government jobs but still below historical averages; healthcare sector drives job growth.
US Close To Recession Warning As June Jobs Report Shows Rising Unemployment
The Sahm Rule, used by the Federal Reserve to predict recessions, reached 0.43% in June, signaling a warning for the U.S. economy as it remains in murky waters.
'Temu Is Functionally Malware': Arkansas AG Files Lawsuit Against Chinese Retailer, Calls It A 'Data Theft Business'
Chinese online retailer Temu faces lawsuit for deceptive practices amid high inflation; also facing regulatory hurdles in EU and competition from Amazon.
Despite The Market Hype, Only 5% Of US Firms Use Generative AI In Production
Only a few firms are benefiting from generative AI's potential, with large tech companies leading the way. S&P 500 up 15%, but RSP and IWM lag.
Are Hedge Funds Taking Profits On Tech? June Sell-Off Is Biggest In Years
Tech stocks reach all-time high in 2024 despite economic and geopolitical uncertainty. Experts warn of potential AI bubble and questionable returns.
Will The Magnificent 7 Be Around In 50 Years? To Find Out, Look At The Past
Seven technology companies, known as the Magnificent 7, dominate the stock market. Will they continue to do so in 50 years?
This Wells Fargo Analyst Ordered 75 Chipotle Burrito Bowls To Prove A Point: 'They're Undersizing Me'
Chipotle analyst substantiates the claim that some burritos made by the California-based chain are severely undersized.
July Fourth Heat: California Faces Blackout And Fire Risks This Week During Triple-Digit Temperatures
July Fourth heat expected to spike; PG&E said it may cut power to 12,000 homes and businesses, mostly in northern, rural areas.
The Market Generally Performs Better In Early July Than Any Other Part Of The Year
Early July is a good time for Americans to celebrate with family, but also for investors as the stock market tends to do well during this period.
Is FedEx Spying On You? Civil Rights Analyst Calls AI Surveillance Program 'Profoundly Disconcerting'
FedEx Corp (NYSE: FDX) is facing privacy controversy as it partners with law enforcement to distribute surveillance footage from its vehicles.
Rivian-Volkswagen Partnership A 'Game-Changer,' Says One Analyst: A 'Mystery,' Says Another
Piper Sandler's Alexander Potter maintains a $21 price target. D.A. Davidson's Michael Shlisky raised the price target from $12 to $13.
Meal Deal Frenzy: Which Fast Food Bargain Is The Best?
US fast-food joints offer discounted meal deals in response to rapidly rising prices, with McDonald's $5 meal deal leading the trend.
Nike Analysts Sour On Retailer's Short-Term Prospects Following Poor Outlook: 'No Quick Rebound'
Nike shares plummet after weak revenue numbers and lowered guidance. Analysts have mixed opinions, with some seeing a long-term play and others disappointed by lifestyle category trends.
Bank Stress Tests 'Much Bigger Surprise Than Expected,' Will Delay Future Investment Plans: JPMorgan
JPMorgan analyst reacts to Fed's stress test results, sees unexpected increase in capital requirements and delays in return plans for large banks.
Renters Need To Make $66,000 A Year To Afford The Typical Apartment: Can They Buy A House Instead?
Americans can't afford 2024's housing market. Renters need $66,000/yr for median-priced apartment, homeowners need $115,000/yr for median house.
Michigan-Based Logistics REIT Lineage Files For IPO, Seeks $30B Valuation (UPDATED)
Lineage, which has 482 warehouses in operation, reported revenue of $5.3 billion and a net loss of $96.2 million in 2023.
E-commerce's Ascent Stalls As One Sub-Segment Grows By Over 100%: Report
COVID-19 accelerated shift to online shopping, with luxury, cosmetics & fashion seeing growth. Inflation affected e-commerce, but Temu & Olive Young thrived. BTS & Korean culture drove popularity.
US Desperately Needs Housing Supply, So Why Has New Home Construction Sunk To 4-Year Lows?
US housing market faces challenges as June metrics show no sign of recovery. New home construction and building permits decline, prices remain high.
Households Have Accrued Substantial Wealth Since 2019, Contrary To Popular Narratives: Goldman Sachs
Households are enjoying stronger balance sheets today versus 2019, data shows, showing accrued wealth and financial stability.
Customers Like Google's AI Overviews, But Still Prefer ChatGPT At Work: Survey
Survey shows mixed signals for Alphabet's AI investments, with majority open to switching to non-Google platform for search. Market reacts with record high market caps for AI players.