February 26, 2021

Longtime trader Art Cashin told CNBC on Friday that investors should brace themselves for a period of stock market volatility as Wall Street digests rising bond yields. “You have to be very careful. There is a fine line. If the […]

February 26, 2021

Retailers and their landlords are engaged in a high-stakes game of risk right now. And it will be a few years until we find out which party is on the winning side. As thousands of retail leases come up for […]

February 25, 2021

More and more wealthy art collectors are cashing in on low interest rates to borrow against their Picassos and Basquiats, adding to risks of a leveraged boom and bust in the art market. The Fine Art Group, an art advisory […]

February 25, 2021

Jobless claims fell sharply last week despite severe winter storms that swept across Texas and other parts of the South, the Labor Department reported Thursday. First-time filings for unemployment insurance totaled 730,000 for the week ended Feb. 20, well below […]

February 24, 2021

BANGKOK — Major indexes are off to a mixed start on Wall Street as gains for banks and industrial companies are offset by losses in Big Tech stocks like Apple and Amazon. The S&P 500 was down 0.2% in the […]

February 24, 2021

The 49-year-old business magnate has now fallen to second place on the Bloomberg Billionaires Index of the world’s 500 richest people with a net worth of $183.4bn (£129bn) – a significant drop from a peak of $210bn (£148bn) in January. […]

February 23, 2021

Wall Street analysts are doubling down on their calls for a consumer spending recovery. Barclays, Credit Suisse and Wells Fargo released notes Monday highlighting their excitement about several consumer stocks, with Barclays reaffirming its positive view on TJX Companies, Credit […]

February 23, 2021

Home Depot’s fourth-quarter earnings surged past investors’ expectations as consumers poured more money into home improvement due to the pandemic and strength of the real estate market. Shares were down more than 5% early Tuesday, after the company did not […]

February 23, 2021

December is usually the slowest month for the housing market, but price gains didn’t slow down one bit in 2020. In fact, they rose at the fastest pace in seven years. Home prices nationally increased 10.4% compared with December 2019, […]

February 22, 2021

After weathering power and water outages and broken pipes, many Central Texans are now facing their next fear: What will their electricity bill look like after all of this? As some Texans report sky-high bills, customers of the area’s three […]