Alibaba, Bilibili, and China Tech Stocks Slide on Livestreaming Crackdown

Text size DiDi headquarters in Beijing. AFP via Getty Images Chinese technology stocks stumbled Tuesday in Hong Kong amid tighter regulations from Beijing on the country’s livestreaming sector, and on...

‘The graveyard shift is the most understaffed:’ I work as a waiter on the Las Vegas Strip. We are overworked, underpaid, and our drunk customers often don’t tip

Dear Quentin,  I currently work at a fast-casual restaurant on the Las Vegas Strip. I have worked at the company for three years. I work at the busiest outlet of this restaurant in the world. During t...

Costco Thrives by Mastering Traditional Retailing. Now It’s Challenging Amazon.

Illustration by Elias Stein Text size Costco Wholesale is challenging Amazon.com by keeping things simple: limited selection, low prices, good execution. With just 7% of its sales online, it’s the ant...

The Pandemic Made These Retailers Stronger. Their Stocks Are Buying Opportunities.

Far from killing retail, as initially feared, Covid-19 wound up being a boon for the industry. It’s the recovery that looks more perilous. The pandemic was a great time for retailers. Consumers were f...

Mortgage rates soar to highest level in over a decade — even wealthy home buyers are feeling the pain

Mortgage rates are soaring, and no one is being spared. The average rate on a 30-year fixed-rate mortgage was 5% as of the week ending April 14, representing an increase of 28 basis points from the pr...

Rite Aid Stock Is Soaring. The Outlook Impresses Investors.

Text size Rite Aid’s quarterly loss was bigger than expected. Mario Tama/Getty Images Rite Aid’s stock surged after the drugstore chain said it expects to lose less money in the current fiscal y...

Costco Just Raised Its Dividend. It’s One More Reason to Own the Stock.

Text size Costco raised its dividend again. Joe Raedle/Getty Images Costco Wholesale just raised its dividend–and it’s just one more reason to own its stock. After Wednesday’s close, Costco (ticker: C...

PayPal Stock Is Falling. It’s Not Because Its CFO Is Leaving for Walmart.

Text size PayPal’s has a new interim CFO. Justin Sullivan/Getty Images Walmart said late Tuesday that it had named John Rainey as its chief financial officer. Rainey currently holds the same pos...

Sierra Oncology Stock Soars After $1.9 Billion Takeover by GSK

Text size The deal comes ahead of GlaxoSmithKline’s planned spinoff of its consumer health division in July. AFP via Getty Images GlaxoSmithKline has agreed to buy U.S. rare cancer therapy compa...

Sierra Oncology Stock Soars After $1.9 Billion Takeover by GlaxoSmithKline

Text size AFP via Getty Images GlaxoSmithKline has agreed to buy U.S. rare cancer therapy company Sierra Oncology for $1.9 billion in cash, as it looks to boost its portfolio of new specialty medicine...

Kohl’s Stock Climbs on Reports of a $9 Billion Offer From Franchise Group

Text size Kohl’s stock has risen this year on hopes for a buyout. Justin Sullivan/Getty Images Kohl’s stock climbed on a report Tuesday that Franchise Group is the latest company to throw its ha...

Three value stocks that can provide safety as interest rates rise

Stocks have been on a rocky road this year, as investors have tried to anticipate every possible move by the Federal Reserve to combat inflation. Value strategies have held up better than growth strat...

The end of one-chip wonders: Why Nvidia, Intel and AMD’s valuations have experienced massive upheaval

It wasn’t too long ago that Intel Corp. was the unquestioned king of U.S. chip makers and the largest semiconductor company by market capitalization. It’s also not long since most computing was done w...

CarMax’s Awful Earnings Send a Warning to All Car Stocks. Here’s What to Know.

Text size Cars sitting in the parking lot are reflected in the windows of used car retailer CarMax. Yana Paskova/Getty Images Used car giant CarMax delivered an earning miss that has sent the stock lo...

Alibaba Stock Stake Slashed by Charlie Munger’s Daily Journal

Text size Charlie Munger attends the annual Berkshire shareholders meeting in Omaha in 2019. JOHANNES EISELE / AFP / Getty Images Daily Journal , which Charlie Munger had served as chairman until rece...

AT&T Stock Rises After Completion of WarnerMedia Spinoff

Text size AT&T has completed the spinoff of WarnerMedia. Justin Sullivan/Getty Images AT&T wrapped up its WarnerMedia spinoff late last week, and the stock was rising on Monday. The stock jump...

How the AT&T Spinoff Has Complicated Trading in Its Stock

Text size Photograph by Mike Mozart Trading in AT&T stock on Monday may confuse some investors, because the base share price has been adjusted to reflect the closing on Friday of the merger of AT&...

Pfizer’s New CFO David Denton Negotiated One of the Biggest Healthcare Deals in History

Pfizer on Monday named a new chief financial officer with a resume that hints at the company’s plans to spend big with its Covid-19 vaccine windfall. David Denton is taking up the CFO role at Pfizer (...

Costco Stock Is Challenging Amazon as the Most Richly Valued Retailer

Text size Costco Wholesale continues to grow its membership, to 61.7 million members in the latest fiscal year. Mario Tama/Getty Images Costco Wholesale is challenging Amazon . com as the most richly ...

Goldman Sachs, JPMorgan, Delta, TSMC, and Other Stocks for Investors to Watch This Week

Text size Uncredited First-quarter earnings season begins this week, kicked off as always by results from several big banks. JPMorgan Chase reports on Wednesday, followed by Wells Fargo , Goldman Sach...

Conagra says meat snacks and frozen food taking an inflation-related hit from protein and transportation costs

Conagra Brands Inc. says its meat snack and frozen food business is taking a hit from inflation, which is driving up protein, dairy and transportation costs. Conagra’s CAG, +0.20% brand lineup include...

FinTech Looks Like a $1.5 Trillion Growth Market

Illustration by Elias Stein Text size Wells Fargo ’s Jeff Cantwell says the time to buy fintech stocks is now—14 of them. Cantwell has started coverage of the group with Overweight ratings for all. Th...

As food prices hit an all-time high, more Americans have abandoned online grocery shopping and returned to supermarket aisles

More Americans are browsing again — in grocery-store aisles rather than online. With U.S. states abandoning mask mandates in public places, and more retailers dropping requirements for masks — and the...

Stock Splits Are Popular Again. 5 Companies That Could Split Their Stocks Next

Stock splits are back in vogue, and the market is quickly rewarding companies that divide their shares. Google parent Alphabet , Amazon.com , Tesla , and GameStop are among the latest companies to see...

I’m 61, left my job due to medical reasons, and made $150,000 from the sale of my home. I’d like to work for at least another 5 years. Can I still retire? If so, how?

Dear Quentin, I recently sold my house and had to leave my job due to a medical issue that was easily resolved, and I am now fine. I have approximately $150,000 in my checking account from the sale of...

Alibaba Stock Hit by China Covid Outbreak. 4 Reasons to Hope for a Bounce.

Text size Alibaba stock faces headwinds from Covid-19 outbreaks in China. Greg Baker/AFP via Getty Images A renewed outbreak of Covid-19 in China has hurt the outlook for the e-commerce giant Alibaba ...

As mortgage rates surge higher, these home buyers are being pushed out of the market

The steep upward climb in mortgage rates still isn’t showing any signs of stopping. The average rate on a 30-year fixed-rate mortgage was 4.72% as of the week ending April 7, Freddie Mac FMCC, -0.03% ...

Rite Aid stock plunges after Deutsche Bank cuts target to $1, warns of a ‘dramatic negative inflection point’

Shares of Rite Aid Corp. plunged toward a 2 1/2-year low Thursday, after Deutsche Bank analyst George Hill issued a dire warning that the drugstore chain’s equity could be worthless. Hill cut his rati...

Millennials have solved the retirement crisis

Wow. It looks like millennials have totally solved the retirement crisis. And it turns out it was a lot easier than anyone realized. The solution? Cryptocurrencies, of course. A new survey of 4,000 pe...

Why U.S. consumers suspect gas price gouging — and how much stations actually profit from a gallon of the fuel

Oil company executives will be on the hot seat Wednesday at a House subcommittee hearing as U.S. consumers across the country allege gasoline price gouging at the pump, where drivers last month paid r...

U.S. economy will fall into a recession this summer, as inflation eats into consumer spending, former Fed official warns

Higher inflation will force consumers to limit their spending by so much that the economy will slump into a recession by the July-September quarter, former Federal Reserve Governor Lawrence Lindsey sa...