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Strike in the ports on the east coast, work stoppage by the ILA union leads to billions in losses in trade

Shipping containers pile up in the Port of Newark on September 30, 2024, as seen from New York City. A massive strike to close ports on the East and Gulf Coasts began at midnight, while members of the International Longshoremen’s…

We are increasing our price target for Costco after another stable quarter confirms our thesis

Costco reported lackluster quarterly results on Thursday, with a small decline in sales more than offset by strong profitability and a rise in profits. The report didn’t blow us away, but it still gave us plenty of reminders of why…

Truck drivers and railroads struggle to move billions worth of freight

Shipping containers stacked in a storage yard outside the APM Terminals yard at the Port of Mobile in Mobile, Alabama, USA on Saturday, September 28, 2024. Micah Green | Bloomberg | Getty Images With a potential strike at ports along…

Big Lots bankruptcy, plans sale and store closures

A Big Lots store in Los Angeles, September 7, 2024. Discount home goods retailer Big Lots Inc. filed for Chapter 11 bankruptcy on September 9, 2024, announcing it plans to close nearly 300 stores and continue operations. Eric Thayer |…

Jim Cramer explains Target’s turnaround and why the stock is a buy

CNBC’s Jim Cramer reviewed on Monday GoalThe recent successful quarter has shown that the wholesaler’s recommended share price still has room for improvement. “Brian Cornell and his team have worked for years to get Target back on track, and now…

What is likely to move the market in the next trading session

Traders work on the floor of the New York Stock Exchange during morning trading on August 6, 2024 in New York City. Michael M. Santiago | Stocks @ Night is a daily newsletter sent after the market closes, giving you…

What is likely to move the market in the next trading session

Federal Reserve Chairman Jerome Powell speaks at a press conference on interest rates, the economy and monetary policy measures on June 15, 2022. Olivier Douliery | Afp | Getty Images Stocks @ Night is a daily newsletter sent after the…

Jim Cramer’s Top 10 Things to Watch on the Stock Market on Wednesday

My top 10 things to watch for Wednesday, Aug. 21: 1. Wall Street was eyeing a slightly positive open after moderate losses on Tuesday ended an eight-day winning streak by the S&P 500 and Nasdaq. Investors await the minutes of…

What is likely to move the market

Traders work on the floor of the New York Stock Exchange during morning trading on August 20, 2024 in New York City. Michael M. Santiago | Stocks @ Night is a daily newsletter sent after the market closes, giving you…

Investors are doubling their investments in stocks – and there are three main reasons for this

Investors are doubling down on stock investments to overcome fears of a U.S. economic slowdown that sparked a sell-off earlier this month. Global stock markets fell sharply in early August after a rise in unemployment sparked fears that U.S. economic…