Author: super@dmin
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The Margin: These Birkenstocks just sold for $218,750 at auction. They belonged to Steve Jobs.
There appears to be a growing collectibles market for all things related to the Apple co-founder — including a ‘well used’ of sandals that he used to wear
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Earnings Results: Home Depot bounces back up after earnings beat, inventory improvement offsets implied growth slowdown
The home improvement retail giant’s stock initially as the affirmed full-year outlook implied slowing growth in the current quarter, before bouncing back.
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Econofact: Gun violence plagues America, but tougher policing isn’t the best answer
Community-led efforts to reduce gun violence by reaching the people at highest risk of being a victim or offender are gaining momentum and show promise.
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Economic Report: Wholesale prices rise slowly again and point to softening U.S. inflation
U.S. wholesale prices rose just 0.2% in October, a fourth straight soft reading that suggests inflation is on the wane after hitting a 40-year high earlier in the year
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The Tell: Traditional 60/40 strategy may start to work again for investors, but ‘tightening cycles can be scary,’ Goldman exec says
The traditional allocation of 60% stocks and 40% bonds may start to work again, after such portfolios were badly hurt this year, according to Ashish Shah, chief investment officer of public investments at Goldman Sachs Group’s asset management business.
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Coronavirus Update: A robust booster campaign could prevent millions of missed school days among children ages 5 to 17, report finds
If 80% of children ages 5 and older get their COVID boosters by the end of 2022, it could prevent about 29 million missed days of school and almost 51,000 hospitalizations, according to a new report.
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MarketWatch First Take: Wayfair added to ‘zombie’ stocks list by equity research firm New Constructs
Now that COVID-induced demand has subsided, Wayfair’s business has resumed burning cash, according to New Constructs.
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Living With Climate Change: The right way to recycle on National Recycling Day and any day
From glossy magazines and mailings to ice cream containers and the estimated 3 billion pizza boxes we throw out annually, there is a better way to recycle.
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Metals Stocks: Gold prices retreat after briefly climbing to 3-month highs
Gold prices pull back on Tuesday, after briefly climbing to their highest intraday level in about three months following a cooler-than-expected reading on U.S. inflation.
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Earnings Results: Walmart stock soars toward biggest earnings gain in 4 years, as improved inventory position pleases Wall Street
The discount retail behemoth reported a big fiscal third-quarter earnings beat, raised its full-year outlook, improved its inventory position and set a new $20 billion stock repurchase program.