The Santa Claus rally has long been attractive to investors looking to end the year on a high note. North American markets have already experienced robust growth throughout 2024, but the prospect of a year-end rally could offer one final ...
Nordstrom on Monday announced it will become a private company after it agreed to a buyout deal valued at roughly $6.25 billion from Nordstrom’s founding family and Mexican department store El Puerto de Liverpool. The company’s board of directors unanimously approved of the transaction, ...
The toy industry is headed for its second consecutive annual sales decline, but it’s got one thing propping it up: colorful, interlocking plastic bricks. At a time when toy companies are struggling to match the massive gains of pandemic-era sales, ...
The Consumer Financial Protection Bureau is suing Walmart and a financial technology firm, alleging they illegally forced drivers into using costly deposit accounts to receive their pay. The agency alleges that Walmart and the vendor, Branch Messenger, forced the drivers, ...
The IRS plans to issue automatic “special payments” of up to $1,400 to 1 million taxpayers starting later this month, the agency announced last week. The payments will go to individuals who did not claim the 2021 Recovery Rebate Credit on their ...
Nissan will be the victim of cost-cutting “carnage” if it combines forces with Japanese peer Honda, former Nissan CEO Carlos Ghosn told CNBC on Tuesday. “I think, without any doubt, Honda is going to be in the driver’s seat, which is very ...
In today’s free DecisionPoint Trading Room Carl discusses volume spikes and how we have to analyze big volume spikes carefully to determine whether they express a confirmation of a move or whether they are a special case and do not ...
When quickly glancing at the StockCharts Technical Rank (SCTR) Reports Dashboard panel, one stock that popped up on Monday, albiet briefly, was Meta Platforms, Inc. (META). The stock has a year-to-date performance of over 70% according to the StockCharts Symbol ...
The residence of the Argentine ambassador in Caracas, Venezuela, is mostly silent these days. Rather than diplomatic chatter or Christmas carols at this time of the year, the only noise is that of a small diesel power generator the residents ...
One of Colombia’s infamous drug lords and a key operator of the Medellin cartel has been deported back to the South American country, after serving 25 years of a 30-year prison sentence in the United States. A short while later, ...