Consumers showed unexpected strength in November, giving a solid start to the holiday season as inflation showed signs of continued easing. Retail sales rose 0.3% in...
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Olive Garden owner Darden beats earnings estimates, hikes guidance as sales climb
An Olive Garden restaurant in Fremont, California, on Sept. 14, 2023. Bloomberg | Getty Images Darden Restaurants on Friday reported quarterly earnings that beat expectations and...
Cruise is in danger of becoming GM’s latest trendy venture that doesn’t pay off
Sydney Boyo DETROIT — General Motors‘ plans to diversify its business through trendy industries such as ridesharing and other “mobility” ventures or startups have largely fallen...
HSBC says S&P 500 to reach 5,000 next year, but could rally even more in a soft landing
The S & P 500 could end 2024 at 5,000, and even go higher if a recession is avoided, according to HSBC. Equity strategy chief Nicole...