Business

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Discount retail giant closing last 15 stores, starts liquidating

With the last 30 years of technological advances completely upheaving how people all over the world shop for everything from kitchen appliances to clothes, even discount and outlet stores can have trouble staying in business. More than 100 years after it was established out of Seattle in 1920, outdoor clothing and recreation gear Eddie Bauer

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Business

Morgan Stanley rattles investors with bombshell HP stock verdict

HP Inc. (HPQ) is up almost 38% this year, and shareholders have every reason to feel good about that run. Then Morgan Stanley showed up with a number that stopped the celebration cold. The firm looked at HP’s latest quarter, acknowledged the earnings beat, and still told clients the stock could lose roughly a third

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Business

Jim Cramer sends blunt message to investors picking single stocks

Most people buy a stock because they heard the name, liked the product, or watched it climb. Jim Cramer thinks that habit is backwards. On Wednesday’s broadcast of CNBC’s “Mad Money,” the host laid out how he starts hunting for stocks to own, and his method flips the usual order. He told viewers to begin

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Business

Top EV executive joins the AI boom. Now what?

Every growth company eventually faces the moment when the executive who built its financial foundation walks away right as the hardest test begins. Boeing’s CFO left during 737 Max turmoil. WeWork cycled through finance chiefs as its losses mounted. Investors have learned to read these exits as data points, not footnotes. Rivian Automotive, Inc. (RIVN)

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Business

Investors drop two-word verdict on Warsh’s Fed rate shift

Coin toss. That’s the message the market sent to Federal Reserve Chairman Kevin Warsh after his debut speech at the central bank’s annual economic summit in Jackson Hole, Wyoming, displayed a noticeable hawkish shift. Warsh’s Aug. 28 speech, made on his 100th day as Fed chairman, addressed the need to monitor inflation in a more

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Business

Morgan Stanley delivers candid verdict after Elastic’s stunning earnings

Anytime a stock jumps 20% in a single session after earnings, Wall Street analysts have a choice to either chase the move or hold their ground. Morgan Stanley chose the latter. Elastic (ESTC) closed the week ended Aug. 28 at $99.91, up 19.31% following its Aug. 27 first-quarter fiscal 2027 earnings release, according to Yahoo

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Business

Morgan Stanley finds bigger story in SpaceX’s $100 billion bet

SpaceX (SPCX) stock investors have been taken on a choppy round trip since going public on June 12, 2026, with the stock touching a high of $225.64 before retreating to $137.95, back near its debut price.  The pullback hasn’t slowed CEO Elon Musk’s ambitions, though. SpaceX’s engines have barely stopped humming since its IPO, and

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Business

Now is the time to plan a fall leaf-peeping trip from NYC

As the weather in New York City finally breaks from the heat waves seen earlier in the summer, many are craving autumnal scenes of trees in different hues of red, orange and yellow lining a long highway to picturesque towns and (at least in one’s imagination) a more tranquil lifestyle. Multiple parts of New York

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Business

Morgan Stanley has good news despite the yields and bad debt data

The U.S. government’s balance sheet keeps getting worse by almost every measure investors track. Yet one of Wall Street’s largest banks says that story is only half the picture. A closer look at who actually owes the money tells a very different story than the headlines about mounting national debt suggest, and it could matter

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Business

40-year-old corner store brand closes all locations, to liquidate

In many parts of the world, the local corner convenience store plays an important role in both bringing together communities and providing access to basic foods in places where the nearest major supermarket is a drive away. In New York City, the small independent stores selling everything from packaged snacks and staples such as eggs

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