Microsoft Corp. eclipsed Apple Inc. as the most valuable U.S. company for the first time in nearly 16 months after the smartphone giant reported a rare sales miss in the face of supply constraints. Apple shares AAPL, -1.82% ended Friday’s session down 1.8%, implying a valuation of $2.458...
Each year, an American family of four loses $1,500 on average because of uneaten food, the USDA says — that’s about 1,160 pounds never consumed. Habits during Thanksgiving week and the winter holidays can contribute a big slice of that total. Many families feel pressure to follow Thanksgiving’s culinary...
By the time the pandemic hit the U.S. economy, the outlook for Abercrombie & Fitch seemed dire. Once a mall staple that captured the hearts and wallets of teenagers with stark, sexy advertising and dark, perfume-drenched stores, Abercrombie’s (ticker: ANF) stock price hit fresh lows in 2017. Shoppers’ distaste...
Skechers Inc. SKX, +1.18% is the most popular shoe brand for men and women, according to the latest Amazon AMZN, +0.26% Best Sellers tracker, compiled by UBS Evidence Lab. It’s the third largest shoe brand in the world, and UBS analysts think Skechers’ growth potential is “underappreciated.” UBS rates...
Fatalities from the coronavirus-borne illness COVID-19 rose 5% in Europe in the latest week, the World Health Organization said Wednesday, making it the only part of the world where deaths are rising instead of stabilizing or declining. In its weekly epidemiological update, the agency said global just under...
U.S. health officials on Tuesday gave the final signoff to Pfizer’s kid-size COVID-19 shot, a milestone that opens a major expansion of the nation’s vaccination campaign to children as young as 5. The Food and Drug Administration already authorized the shots for children ages 5 to 11 — doses...
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The U.S. House of Representatives late Friday appeared on track to approve a bipartisan infrastructure bill, after progressive Democratic lawmakers agreed to a deal that calls for a vote this month on President Joe Biden’s $1.75 trillion social-spending and climate package. The approval for the infrastructure measure would represent...
U.S. stock indexes ended higher Friday, with the Dow enjoying a bump from enthusiasm about a breakup of blue-chip component Johnson & Johnson JNJ, +1.20%, but the main benchmarks still saw losses for the week. Stocks have been buffeted by inflation fears, with the government debt yields rising,...
Stocks ended mostly higher Monday, with the S&P 500 and Nasdaq Composite each finishing at records as investors kicked off one of the busiest weeks of earnings season and awaited a midweek Federal Reserve meeting. The Dow Jones Industrial Average DJIA, -0.18% bucked the trend, slipping around 62 points,...