MARKET

China’s economy is slowing. But its old-age market is booming.

Products from anti-aging cosmetics and procedures to elder-care facilities are growth areas as China’s demographics go gray. Source link

MARKET

Fossil Group CEO steps down amid pressure from activist investor; shares surge

Shares of fashion brand Fossil Group Inc. jumped 8.5% in after-hours trading Wednesday after Kosta Kartsotis stepped down as chief

MARKET

Ben Shapiro and the conservative myth about Social Security

Conservative broadcaster and gadfly Ben Shapiro stopped by the peanut gallery this week, where he offered thoughts on retirement and

MARKET

These 3 stock-market ‘yellow flags’ raise questions about how far this rally can run

Stocks are on fire, but some market watchers don’t like what they see — or more precisely, don’t see —

MARKET

UiPath delivers a surprise profit, but the stock’s gains shrink after hours

The company delivered upbeat financial results while pointing out tailwinds related to artificial intelligence. Source link

MARKET

Fisker’s stock plunges more than 40% after bankruptcy report

Shares of Fisker Inc. dropped nearly 40% in the extended session Wednesday after a report said the embattled EV maker

MARKET

What Biden gets right — and wrong — about the American middle class

The president is promoting a positive narrative about America’s economic turnaround, but in downplaying widespread financial anxiety, he risks alienating

MARKET

Williams-Sonoma’s stock soars to a record after profit beat, dividend raised 26%

Shares of Williams-Sonoma Inc. rallied into record territory Wednesday after the home-products retailer beat quarterly earnings expectations, with “full-price selling”

MARKET

Petco’s stock falls 4% after posting another quarterly loss as CEO Ron Coughlin steps down

Petco is struggling in a weak pet segment as price-sensitive customers trade down to cheaper pet food. Source link

MARKET

‘I’m not sure we need 2% inflation’: How investors are absorbing Tuesday’s CPI report

Investors and traders continued to take February’s hotter-than-expected consumer-price index in stride on Wednesday, by signaling a willingness to tolerate