Getty Images Ann Taylor parent Ascena says it’s gathering data to make a more appealing assortment Ascena Retail Group Inc., which has a portfolio of retail chains that includes Ann Taylor and Loft, said plus-size fashion and pants were hot items during the most recent quarter. Ascena ASNA, +28.92% reported fiscal first-quarter net income of […]
Higher interest rates are no longer investors’ biggest worry. That’s clear because of how the U.S. stock market reacted in the immediate wake of the better-than-expected December jobs report, released the morning of Dec. 6. The Labor Department reported that the U.S. economy added 266,000 new jobs in November, well-above the 180,000 figure that had […]
If you’re a gutsy contrarian investor, consider betting that Walgreens Boots Alliance will have a far better 2020 than it has this year. This isn’t because the company is supposedly in the crosshairs of some private equity firms — though if such a firm did make an offer to take the company private, Walgreens’ stock […]
Oil futures were slightly lower early Tuesday, but off overnight lows, after a report from the Wall Street Journal that was being perceived as upbeat in long-running negotiations between the U.S. and China on tariffs. The Wall Street Journal, citing unnamed officials from both parties, reported that U.S. and Chinese negotiators were laying the groundwork […]
Warren Buffett’s fans know that he views Benjamin Graham’s “The Intelligent Investor” as the book that changed his life by introducing him to security analysis. Indeed, some financial advisers cite this 1949 classic as an invaluable resource. Yet the books that most influence financial planners often revolve around non-monetary subjects including gratitude, goal attainment, and […]
Democrat Adam Schiff’s committee formally presented its findings to the House Judiciary Committee on Monday, bringing the House one step closer to a formal vote to impeach President Trump. “The evidence is overwhelming that the president abused his power by pressuring Ukraine and its new president to investigate a political opponent,” said Barry Berke, staff attorney for […]
In financial markets, being like Japan isn’t a good thing — representing having few investment opportunities and nonexistent inflation. So an examination of the risk of Japanification outside of Japan — by a firm that should know, the Japanese broker Nomura — is an interesting exercise. Nomura strategist Naka Matsuzawa outlined 10 characteristics of Japanification, […]
Dear Moneyist, I recently found out through a DNA test through 23andMe that my “daughter” isn’t mine. I was forced to marry, thinking the baby was mine. My wife passed away in 1990. Can I claim back child support from the biological father? I reside in Pennsylvania. Thank you. Al K. Also see: Can I […]
You can count on European governments to be missing in action again in 2020, as they were this year, when urged to help steer the continent’s economy out of its current slump. They remain divided, reluctant to reform either their own economies or the eurozone’s institutions, and the major powers are turning inward, focused more […]
Gold futures headed higher Friday morning as weakness in the U.S. dollar helped to prop up the yellow metal ahead of a policy update from the Federal Reserve due in the middle of the week and a U.K. general election that could roil markets. February gold GCG20, +0.23% on Comex picked up $3.70, or 0.3%, […]