Orders for business equipment climbed in July for a second month, advancing the most since January and indicating U.S. companies are becoming less reluctant to invest.
An old editor at MarketWatch once called the Federal Reserve's Jackson Hole summer retreat a “goat rodeo.” Having never attended such an event, I instead liken it to the Pro Bowl of economics, with media tents like you see at the Super Bowl media day.
The ride-hailing giant Uber Technologies Inc. is not a public company, but every three months, dozens of shareholders get on a conference call to hear the latest details on its business performance from its head of finance, Gautam Gupta.
Sears (SHLD) is in a very precarious place as it gears up for the holiday season. The single biggest thing that stood out to me from the company's dreadful second-quarter results was the dangerously low cash balance.
The number of Americans filing applications for unemployment benefits fell to the lowest level in five weeks, another sign of endurance in the labor market.