U.S. stocks drifted higher Thursday, with market attention focused on the Federal Reserve's annual meeting at Jackson Hole, Wyo.
WASHINGTON—Demand for long-lasting factory goods rebounded in July, a sign the manufacturing sector could continue to stabilize in the second half of the year.
The hedge fund manager will provide additional debt financing of $300 million to the beleaguered retail company he now heads and created in 2005 by combining Sears department stores and Kmart.
More parents are saving for their kids' college education and are getting more disciplined about it—but they're still not saving enough to help their kids as much as they hope to, a new study has found.
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.