It has been a while since a hot inflation report sparked wild gyrations in U.S. stocks, like it frequently did in 2022, but that doesn’t mean Tuesday’s consumer price index for October…
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This week’s October inflation data looms large on Washington’s economic radar
Inflation data, a Fed speech and a government-shutdown deadline are on the calendar this week. MarketWatch photo illustration/iStock U.S. inflation data for October is clearly the economic highlight for markets, economists and…
Retail earnings begin this week. ‘It’s getting worse,’ an analyst says.
Considering three years of economic upheaval that have driven up prices and consumer resentment, consumer spending could be worse. When the nation’s biggest retail chains report this week — Walmart Inc., Target…
Oil prices finish higher after back-to-back losses
Oil futures finished a bit higher on Thursday after posting two consecutive session declines. The oil market’s “recent collapse suggests not only has the market taken out the risk of a loss…
Sen. Joe Manchin says he won’t seek re-election
Sen. Joe Manchin, a West Virginia Democrat, said Thursday that he won’t seek re-election, announcing his decision in a video posted on social media. “I’ve made one of the toughest decisions of…
Cargo Therapeutics rises 2.2% in trading debut after IPO priced at low end of range
The stock of Cargo Therapeutics CRGX, -3.13%, a clinical-stage biotech specializing in cancer treatments, rose 2.2% in its trading debut on Friday. The deal priced at $15 a share, the low end…
Plug Powerâs stock tumbles toward worst day in more than 9 years
Shares of Plug Power Inc. PLUG, -40.47% were tumbling Friday toward their worst day in more than nine years, in the wake of the hydrogen fuel-cell companyâs disappointing quarterly results amid âunprecedented…
Chesapeake Utilities stock sinks toward a 3-year low after $330 million stock offering
Shares of Chesapeake Utilities Corp. CPK, -0.36% slumped 1.0% toward a three-year low in premarket trading Friday, after the after the Delaware-based electric utility announced a $330 million public stock offering. The…
E.l.f.âs stock falls after short seller Spruce Point alleges ties to defunct NXIVM sex cult
E.l.f. Beauty Inc.âs stock ELF, -4.38% tumbled 6% on Friday, after short seller Spruce Point Capital Management said the company has ties to the now-defunct NXIVM cult and may use some of…
Soho Houseâs stock slides 3.6% after company posts wider-than-expected loss and revenue falls short
Soho House & Co. Inc.âs stock SHCO, -21.10% tumbled 3.6% early Friday, after the operator of member clubs and hotels posted a wider-than-expected third-quarter loss and revenue that fell short of consensus….