RBC bumps up its S&P 500 target again, but sees gains increasingly hard to come by
[ad_1] RBC Capital Markets’ head of U.S. equity strategy, Lori Calvasina, has increased her year-end forecast from 5,150 to 5,300 for the index. [ad_2] Source
Oil prices bounce higher, on track for solid quarterly gains
[ad_1] Oil futures rose Thursday, on track for solid quarterly gains as traders showed relief after official U.S. crude-inventory figures released the previous session showed
Fed’s Waller says there’s ‘no rush’ to cut U.S. interest rates
[ad_1] Federal Reserve Gov. Chris Waller said high inflation readings and strong job gains in early 2024 reinforce his view that “there is no rush”
GE Vernova, Solventum to join S&P 500 index next week
[ad_1] Newly minted GE Vernova and Solventum Corp., both soon to be officially spun off from two industrial giants, are hitting it big early: They
Ending 6% commissions could create a ‘Venus flytrap situation’ for home buyers, economist says
[ad_1] A proposed settlement announced by the National Association of Realtors could quickly saddle home buyers with additional costs, one professor said. [ad_2] Source link
Walmart to refile paperwork on Vizio deal after ‘informal’ antitrust talks with feds
[ad_1] Walmart Inc. and smart-TV maker Vizio Holding Corp. said late Wednesday that they would refile paperwork related to their proposed merger. [ad_2] Source link
‘Lagging’ housing market, high interest rates drag on MillerKnoll’s sales
[ad_1] The furniture maker said that a “lagging” housing market, rising interest rates, and other headwinds contributed to lower sales. [ad_2] Source link
RH expects furniture demand to improve, after ‘the most challenging housing market in three decades’
[ad_1] Shares of RH rallied after hours on Wednesday, after the luxury furniture chain said it expected demand to pick up through this year, after
China faces a ‘lost decade’ if it fails to tackle its debts, says Ray Dalio
[ad_1] Billionaire investor Ray Dalio sees China heading for a ’100-year big storm.’ [ad_2] Source link
Another CEO is leaving Discover. The company says he wasn’t expected to be there very long anyway.
[ad_1] Michael Rhodes, who is taking the CEO job at Ally Financial, was “not expected to have a long-term role” as Discover’s tie-up with Capital