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The Latest Breaking News on Business

The average American drops $330,000 on rent before becoming a homeowner

Hawaii residents can expect to spend more than half a million dollars on housing during the course of 13 years.

Fortune

Canada follows US, imposes 100% tariff on EVs imported from China

PM Trudeau says Ottawa acting to counter what he calls China’s intentional, state-directed policy of overcapacity.

Al Jazeera

Geopolitical Risks Underpin the Dollar

The dollar index (DXY00 ) Monday recovered from a 13-month low and finished up by +0.13%. Rising geopolitical risks in the Middle East supported safe-haven demand for the dollar after Israel on Sunday launched airstrikes against Hezbollah targets in southern Lebanon. Gains in the dollar were limited after Monday’s news...

Barchart

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Landlords use a sneaky tactic to raise rents, US lawsuit says

The U.S. is suing a company it claims is contributing to skyrocketing rents across the nation.

The Street

Are Wall Street Analysts Predicting West Pharmaceutical Services Stock Will Climb or Sink?

West Pharmaceutical Services has underperformed the broader market over the past year, but Wall Street analysts remain optimistic about the stock’s prospects.

Barchart

Is Wall Street Bullish or Bearish on Charles River Laboratories Stock?

Charles River Laboratories underperformed the broader market over the past year, and Wall Street analysts remain moderately optimistic about the stock’s prospects.

Barchart

Leaked document: Microsoft pays, on average, $120K more per year for an AI software engineer compared to someone working in Azure

A leaked spreadsheet reportedly belonging to Microsoft employees discloses that the company is paying employees in the AI division handsomely compared to counterparts in Azure and Cloud.

Windows Central

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Outback Steakhouse Parent Company Names New CEO As It Struggles With Falling Stock Price

Bloomin' Brands has seen a 35% slide in its stock price this year

International Business Times

A Landmark Federal Ruling Against Union-Busting Has Boosted Organizing

Union elections are up in the year since the labor board created new penalties for law-breaking employers. But an appeal could reverse the decision.

Capital & Main

What Are Wall Street Analysts' Target Price for Packaging Corporation Stock?

Despite Packaging Corporation’s outperformance relative to the broader market over the past year, Wall Street analysts remain cautiously optimistic about the stock’s prospects.

Barchart

What Are Wall Street Analysts’ Target Price for J. M. Smucker Stock?

J. M. Smucker has lagged the broader market over the past year, but analysts are moderately optimistic about the stock’s prospects.

Barchart

Dow Jones Closes Higher, But Nasdaq Tumbles; Elon Musk Makes This AI Boast As Tesla Skids (Live Coverage)

The Dow Jones Industrial Average closed higher in a mixed day for the stock market Monday.

Investors Business Daily

IBM Shutters R&D Labs In China, Slashing 1,000-Plus Jobs in Beijing And Elsewhere

The computer giant joined other Big Tech firms, including Amazon and Tesla, in cutting Chinese payrolls as tensions with the U.S. rise.

International Business Times

Do Wall Street Analysts Like Keysight Technologies Stock?

Keysight Technologies has underperformed the broader market over the past year, yet analysts remain moderately bullish on the stock’s prospects.

Barchart

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Barchart

McKesson Stock Outlook: Is Wall Street Bullish or Bearish?

McKesson has outperformed the broader market this year, and Wall Street analysts are optimistic about the stock’s prospects.

Fortune

Americans are struggling to scrape by—more than 40% of full-time workers aren’t making a living wage

Occupational crowding, rising costs of living, and pay gaps are harming workers.

Barchart

Do Wall Street Analysts Like Charter Communications Stock?

Charter Communications has significantly underperformed the broader market this year, and Wall Street analysts are cautious about the stock’s prospects.

Barchart

A.O. Smith Stock: Is Wall Street Bullish or Bearish?

A.O. Smith has underperformed the broader market over the past year, and analysts remain cautious about the stock’s prospects.

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Barchart

AvalonBay Communities Stock: Analyst Estimates & Ratings

AvalonBay Communities has underperformed the broader market over the past year, yet analysts remain moderately bullish on the stock’s prospects.

International Business Times

Biden-Harris Administration To Finalize China Tariff Hikes Amid Industry Pushback

This marks the administration's first major trade policy move since Vice President Kamala Harris became the Democratic Party's presidential nominee.

International Business Times

People In Miami Are More Likely To Return To The Office Than Those On The West Coast, A New Analysis Finds

Economists believe that about 20% to 25% of workers in the U.S. work from home at least part of the week

The Guardian - US

Any US interest cut would be good – but don’t expect miracles right away

The Federal Reserve is widely expected to start cutting rates in September after 11 rises in 16 months

Fortune

Y Combinator’s first bet on weapons eyes a U.S.-China war and SpaceX playbook

“The DOD needs smaller, less expensive cruise missiles, and lots of them! But no one has delivered on that promise yet.”

The Street

Red Lobster closing more restaurants in Chapter 11 bankruptcy

The struggling chain is going to be a lot smaller assuming it manages to keep operating.

Barchart

1 AI Growth Stock With 100% 'Strong Buy' Ratings

This new-to-Wall Street growth stock has a perfect 100% 'Strong Buy' rating from analysts, with one claiming it as a 'Top Idea.'

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