[ad_1] Chinese consumers have been tightening their purse strings. Third-quarter retail sales data seemed to hint at a modest rebound in spending—but beauty stocks are telling a different story. That…
Tag: heard on the street
Coach Saves Tapestry From Unraveling
[ad_1] Luxury demand isn’t quite what it used to be. Neither is demand for accessible luxury, but it seems strong enough that brands like Coach are still able to push…
Buy Now, Pay Later Lender Is Surfing the Private Credit Wave
[ad_1] Higher interest rates were supposed to put an end to the fast growth of buy now, pay later lenders. But right now they might actually be helping out. Unlike…
Warner Gets Too Real About Advertising Meltdown
[ad_1] Even “Barbie” can only glam up her maker so much these days. Warner Bros. Discovery got a boost from the year’s biggest box-office hit during the third quarter. Its…
The Improbably Strong Economy
[ad_1] The economy is still generating jobs. A year ago, a lot of economists and Federal Reserve policy makers thought that it would be shedding them by now. On Friday,…
Why Exxon and Chevron’s Deals Leave Investors Cold
[ad_1] U.S. oil majors Exxon Mobil and Chevron are good at squeezing hydrocarbons out of the ground. Digging for extra Brownie points from investors has been tougher. The companies have…
Apple’s Dark Cloud Might Linger
[ad_1] Winter has come early for Apple, and it might last a while. The world’s largest company by market value has become worth considerably less over the past three months.…
The Fed Can Wait
[ad_1] Cooling inflation gives the Federal Reserve a reason not to raise rates, but a strong economy doesn’t justify starting to sound dovish. [ad_2] Source link
Music Stocks Adjust to a Slower Tempo
[ad_1] Oct. 29, 2023 10:00 am ET The music industry is humming along nicely. That won’t make the hangover from rock-bottom interest rates any easier for some music stocks. Shareholders…