Four reasons higher oil prices are positive for U.S. stocks, according to Fundstrat’s Tom Lee

Tom Lee, head of research at Fundstrat, is known for being resolutely bullish. And in his latest Macro Minute video he says ...

Is the February CPI obsolete already? Nope.

Some economists say the February CPI is already outdated because of a pending increase in inflation tied to higher energy ...

High producer prices show it is too soon to stop worrying about consumer prices

One of the biggest worries about consumer inflation this year is the recent strength in producer price inflation, said ...

Salesforce to Buy Back $25B of Shares With Proceeds From Notes Sale

Salesforce plans to buy back $25 billion of shares using proceeds from the sale of notes. The software company said Wednesday it priced its underwritten offering at an aggregate principal amount of ...

Tariff refunds are expected to come in the second quarter: Barclays

The Trump administration’s new replacement tariffs could result in a lower effective rate of 9.1%, according to a strategist ...

Meta further diversifies beyond Nvidia as it unveils four custom AI chips

Meta Platforms announced four new generations of its custom artificial-intelligence chips on Wednesday, reflecting a push to ...
MarketWatch

UI Boustead REIT Raises $764M in Singapore's Largest IPO So Far This Year

UI Boustead REIT has raised around 973.6 million Singapore dollars, equivalent to US$764 million, in Singapore's largest initial-public offering year-to-date. The real-estate investment trust IPO was ...

Stryker Shares Down After Cyberattack Tied to Iran-Linked Group

Shares of Stryker retreated after the medical technology company was hit by a cyberattack. The stock was down 3.4% to $346.46 in Wednesday afternoon trading. The shares have retreated 4.8% in the past ...

Chevron Agrees to Pay $1M in DOJ Settlement Over Renewable Fuel Credits

Chevron agreed to pay more than $1 million in civil penalties as part of a settlement with the Justice Department over violations of the Clean Air Act's Renewable Fuel Standard program. The department ...

Gray Media Says Rate Dispute With Dish TV Centers on 'Unprecedented' New Provision

Gray Media said its negotiations with EchoStar's Dish TV on a distribution agreement failed due to a new provision that was inconsistent with marketplace conditions. Gray said Wednesday it spent ...

But wait — seemingly benign CPI could be masking some inflation problems

The modest 0.2% increase in core consumer prices suggests inflation in the U.S. is fairly well contained, but there's danger lurking in the February CPI. The danger? Some parts of the report show pric ...

As Starbucks’ Howard Schultz heads to Miami, here’s a list of other billionaire business leaders moving to Florida

“And we have moved to Miami for our next adventure together,” Schultz said in a Wednesday LinkedIn post. “We are enjoying the sunshine of South Florida and its allure to our kids on the East Coast as ...