Finance

Retail sales flatlined in June as the unstoppable U.S. shopper took a pause

Shoppers paused their spending in June from May, defying economic forecasts for a pullback and proving their resilience in the face of an uncertain economy

Finance

Ken Griffin and Paul Singer met with Trump about donating to his campaign

Ken Griffin and Paul Singer, Republican billionaires who have criticized Donald Trump, met with the former president to discuss donating to his White House bid,

Finance

BMW recalls almost 400,000 vehicles because their airbags can explode, releasing deadly shrapnel

WASHINGTON (AP) — BMW of North America is recalling more than 390,000 vehicles in the U.S. because they are equipped with airbag inflators that can explode, leading

Finance

Air Force’s new nuclear missile sees cost estimate soar 81% to $141 billion

Cost projections have grown once again for the US Air Force’s new Sentinel intercontinental missile, with the program now expected to cost taxpayers $141 billion,

Finance

Elon Musk’s Tesla recoups all its year-to-date losses

The swagger is back in Tesla’s step. A few months ago, Elon Musk’s company was the butt of every joke on Wall Street, a growth stock

Finance

Apollo’s chief economist calls the S&P 500 ‘vulnerable’

The S&P 500 keeps hitting record highs, dominated by just a handful of stocks that are pushing it to ever greater heights. While that has

Finance

Wall Street cheers as Fed’s favorite inflation gauge falls to lowest level in years

A measure of prices that is closely tracked by the Federal Reserve suggests that inflation pressures in the U.S. economy are continuing to ease. Friday’s

Finance

Top portfolio manager isn’t worried about Nvidia sell-off: ‘I don’t think it means anything’

A $430 billion sell-off over the past three trading days in artificial intelligence darling Nvidia is no more than a blip to Neuberger Berman Group’s Steve Eisman.

Finance

The S&P 500 keeps beating Wall Street’s fancy investment strategies

From yield-bearing option trades to funds packaging bank loans, it’s shaping up to be a bumper year for strategies that purport to bring a professional investing edge to the

Finance

Failure overrated, says study led by Northwestern Kellogg professor

You’ve heard the axioms: success is built on failure; failure is a hallmark of innovation; the only absolute failure is giving up. Objectively successful people