Danielle Kaye
Posts
Retail Sales Were Up 1% in July, Easing Concerns About the Economy
Sales were up 1 percent in July from the previous month. The rise was slimmer when autos and gasoline were excluded, but market reaction was...
Who Is Brian Niccol, the Incoming Starbucks CEO From Chipotle?
Mr. Niccol, whom the coffee chain poached from Chipotle, has emerged in recent years as a top leader in the restaurant industry.
Starbucks Names Chipotle’s Brian Niccol as New C.E.O.
The coffee chain said that Chipotle’s Brian Niccol would replace Laxman Narasimhan, who is leaving the company after just over a year at the helm.
30-Year Home Mortgage Rate Falls to 6.47%
The key mortgage rate had its biggest one-week decline of the year, falling to the lowest level in 15 months.
Charles Schwab, Fidelity and Other Online Brokerages Report Outages
Most of the outages had been resolved by midday on Monday, but investors were frustrated by their inability to trade stocks during a morning of...
S&P and Nasdaq Drop as Jobs Report Shakes Market
A weaker-than-expected jobs report added to investors’ worries about the economy. Stocks fell sharply, and Treasury yields declined in expectation of a Federal Reserve rate...
Tesla and Alphabet Earnings Prompt Big Tech Stock Decline
Disappointing earnings reports from the tech giants dragged the Nasdaq composite down 2.9 percent, amid a shift by investors to stocks of smaller companies.
Judge Refuses to Block F.T.C.’s Noncompete Ban as Lawsuits Play Out
A federal judge in Pennsylvania denied a request to delay the rule, siding with the agency and diverging from another court’s decision earlier this month.
Landlords Raise Rents Based on RealPage Software, Suits Say
Antitrust cases contend that use of RealPage’s algorithm, which lets property owners share private data, amounts to collusion.
Stocks on Wall Street Drop, Led by Semiconductor Shares
The S&P 500 was on track for its worst day since April. The Nasdaq composite was down by the most since late 2022.