Sentiment indicators are contrarian, meaning that when the majority of investors are bullish on the a market, it is bearish…
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Editor’s Pick
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BusinessEditor's Pick
Some local Teamsters groups announce Harris endorsements after national union declines to do so
The main national body of the Teamsters union may have declined to endorse a candidate for the 2024 presidential election,…
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A unit of Pennsylvania’s Three Mile Island nuclear plant will be restarted as part of a new energy-sharing agreement with…
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BusinessEditor's Pick
Elon Musk’s X and Starlink face nearly $1 million in daily fines for allegedly evading ban in Brazil
Elon Musk’s X faces steep daily fines in Brazil for allegedly evading a ban on the service there, according to a statement from…
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On August 5, we featured Carvana (CVNA), which at the time took the top StockCharts Technical Rank (SCTR) spot for…
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If you logged into the CNBC website on Thursday morning, you might have seen the headline, “Wells Fargo says don’t…
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BusinessEditor's Pick
Amazon increases average pay for warehouse workers and adds free Prime membership perk
Amazon announced Wednesday it is raising wages for its hourly warehouse workers and adding a new employee perk that will give them…
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BusinessEditor's Pick
Boeing starts furloughing tens of thousands of employees amid machinist strike
Boeing will temporarily furlough thousands of U.S. executives, managers and other staff, citing the ongoing machinist strike as the company races to preserve…
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BusinessEditor's Pick
JPMorgan creates new role overseeing junior bankers as Wall Street wrestles with workload concerns
JPMorgan Chase has created a new global role overseeing all junior bankers in an effort to better manage their workload after…
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The stock market received what it expected from the Federal Reserve—a 50 basis point interest rate cut. Stocks rose initially,…