BJ’s stock rises on first membership-fee increase in 7 years

by News Feed Editor | Nov 21, 2024 | Stock Market

Warehouse retailer BJ’s will increase its membership fee for the first time in seven years, the company said when it announced third-quarter results Thursday. The company’s stock is up 7.9% in premarket trades. Article Attribution | Read More at Article...

Deere’s earnings tumble but still blow past estimates as company offers soft guidance on weak demand

by News Feed Editor | Nov 21, 2024 | Stock Market

Deere & Co.’s stock rose 0.6% early Thursday, after the maker of agricultural and construction equipment blew past earnings for its fiscal fourth quarter, overshadowing soft guidance for fiscal 2025. Article Attribution | Read More at Article Source

Philadelphia Fed’s manufacturing gauge shows activity contracted in November

by News Feed Editor | Nov 21, 2024 | Stock Market

The Philadelphia Federal Reserve said Thursday its gauge of regional business activity stumbled to -5.5 in November from 10.3 in the prior month. Any reading below zero indicates deteriorating conditions. Article Attribution | Read More at Article Source

Oil prices climb 2% on further escalation in Russia-Ukraine missile exchange

by News Feed Editor | Nov 21, 2024 | Stock Market

Oil prices were surging over 2% on Thursday morning after Ukraine claimed that Russia launched an intercontinental ballistic missile in what would be the first use in war of a weapon designed to deliver long-distance nuclear strikes. Article Attribution | Read More at...

Jobless claims drop to 7-month low as economy plows ahead

by News Feed Editor | Nov 21, 2024 | Stock Market

he number of Americans who applied for unemployment benefits last week fell to the lowest level in seven months, reflecting steady growth in the economy and the need for most businesses to remain fully staffed. Article Attribution | Read More at Article...

Beware of the ‘Ponzi funds’ that are hiding in plain sight, says strategist

by News Feed Editor | Nov 21, 2024 | Stock Market

The rise of thematic funds leads to Ponzi-like situations, say researchers. Article Attribution | Read More at Article Source