Go long Hilton and Walmart: HSBC’s stock strategy for playing the divided U.S. consumer
A K-shaped recovery means stocks that cater to high-end consumers, as well as those focused on value creation for lower incomes, are HSBC’s top picks.
Etsy CEO says company is escaping ‘race to the bottom’ and getting back to its artisan roots
Etsy is making policy changes as it faces pressure to compete with Amazon and emerging e-commerce players Temu and Shein.
At least 7 dead and more than 2 million without power in Hurricane Beryl aftermath
Beryl is now a tropical depression, but more than 21 million people are under flood watches from Arkansas to Michigan as it continues to moves northeast.
San Francisco’s AI boom can’t stop real estate slide, as office vacancies reach new record
Office vacancies in San Francisco hit another record in the second quarter, and rent prices fell to their lowest since 2015, according to Cushman & Wakefield.
Trump’s increasing election odds after debate already affecting financial markets
Markets are starting to absorb the possibility that what was once a toss-up presidential election campaign has taken a notable turn.
Amazon announces new $79 Echo Spot alarm clock
It is the first upgrade to the device since Amazon first introduced the Echo Spot in 2017.
Federal judge partially blocks FTC ban on noncompetes. Here’s what that means for workers
A ban on noncompete agreements by the Federal Trade Commission is in legal limbo. Here’s what employees should know now.
Target will stop accepting personal checks
The retail giant has announced several new store policies aimed at streamlining the checkout process.
Goldman trader is on correction watch because everyone — including himself — is too bullish
Exuberance in markets is giving this trader pause, especially as investors head into what is a traditionally weak period for stocks, seasonally.
