Dollar General and Dollar Tree Earnings Are the Next Big Test for Retailers

Dollar General and Dollar Tree Earnings Are the Next Big Test for Retailers

Text size Dollar General and Dollar Tree report earnings next Thursday. Justin Sullivan / Getty Images Dollar General and Dollar Tree report earnings next week, but the stocks got crushed well in advance of their releases. That’s because investors are pricing in bad news that’s almost certain to come — and may create a buying … Read more

Stock Markets Wobble as Bear Market Looms Over S&P 500

Stock Markets Wobble as Bear Market Looms Over S&P 500

US stocks wavered Thursday on growing worries of an economic slowdown that sent investors into the haven of government bonds. The S&P 500 was recently up about 0.1%, although still close to bear market territory — market shorthand for a 20% fall from a recent high. The index tumbled 4% Wednesday, its biggest one-day retreat … Read more

Stock Markets Fall as Bear Market Looms Over S&P 500

Stock Markets Wobble as Bear Market Looms Over S&P 500

US stocks resumed their declines on Thursday on growing worries of an economic slowdown that sent investors into the haven of government bonds. The S&P 500 fell 0.7%, putting the index close to bear market territory — market shorthand for a 20% fall from a recent high. The index tumbled 4% Wednesday, its biggest one-day … Read more

Stock Selloff Crunches SPAC Creators as They Race to Find Deals

Stock Selloff Crunches SPAC Creators as They Race to Find Deals

An investor stampede out of risky trades is squeezing SPACs that are running out of time to find companies to take public, potentially leaving their architects without deals and saddled with sizable losses. Firms that have gone public through mergers with special-purpose acquisition companies have tumbled lately alongside the technology sector and cryptocurrencies. Supply-chain disruptions … Read more

Does Erdogan’s Turkey Belong in NATO?

Turkish President Recep Tayyip Erdogan holds a news conference during a NATO summit in Brussels, June 14, 2021. Photo: YVES HERMAN / REUTERS Every member of the North Atlantic Treaty Organization has enthusiastically welcomed Finland and Sweden except one: Turkey, which on Wednesday blocked an early vote to begin accession talks. For reasons that are … Read more

Dow Falls More Than 1,000 Points After Disappointing Retailer Earnings

Poor results from big US retailers sent stocks skidding sharply Wednesday, putting Wall Street on course to extend the year’s volatility. The Dow Jones Industrial Average fell about 1,100 points in afternoon trading, down 3.4%. The S&P 500 dropped 3.9%, and the tech-focused Nasdaq Composite slid 4.6%. All three indexes are on pace for their … Read more

Elon Musk’s Twitter Bot Problem Is Fake News

With his professed concern about fake accounts on Twitter, TWTR -4.12% Elon Musk appears to be grasping at legal straws in an attempt to back out of his commitment to buy the social networking company for $ 54.20 a share, or at least to pay less for it. But his gambit has shined a light … Read more

Allianz Subsidiary Pleads Guilty to Defrauding Investors as Part of $ 6 Billion Settlement

One of Allianz SE‘s ALIZF -1.73% US investing divisions pleaded guilty to securities fraud and agreed to pay about $ 6 billion in penalties and restitution to investors who suffered losses when some of the subsidiary’s hedge funds tanked during the March 2020 market selloff. Allianz Global Investors US admitted Tuesday that it lacked internal … Read more

Allianz Subsidiary Pleads Guilty to Defrauding Investors as Part of $ 6 Billion Settlement

One of Allianz SE‘s ALIZF -1.73% US investing divisions pleaded guilty to securities fraud and agreed to pay about $ 6 billion in penalties and restitution to investors who suffered losses when some of the subsidiary’s hedge funds tanked during the March 2020 market selloff. Allianz Global Investors US admitted Tuesday that it lacked internal … Read more

Allianz Subsidiary Pleads Guilty to Defrauding Investors as Part of $ 6 Billion Settlement

One of Allianz SE‘s ALIZF -1.73% US investing divisions pleaded guilty to securities fraud and agreed to pay about $ 6 billion in penalties and restitution to investors who suffered losses when some of the subsidiary’s hedge funds tanked during the March 2020 market selloff. Allianz Global Investors U.S. admitted Tuesday that it lacked internal … Read more