Kohl's management team and board have many more questions that need answers, says the activist investor who has a long-running fight against the off-mall retailer."It was alarming to learn yesterday…
For years, Tesla CEO Elon Musk, who recently became the richest man in the world, has positioned himself as something of an ideological enigma. Online and in the media, the…
At Sainsbury's in Whitechapel, east London, rising food prices forced Petra Emmanuel to change her shopping habits."With my utility bill, that's ridiculous," said the 51-year-old teacher. “Even though I don't…
Peter Smith, CEO of leading cryptocurrency exchange and wallet provider Blockchain.com, has warned that more cryptocurrency destruction is coming in the short term, but believes that in the long term,…
Consumer inflation in Japan in April accelerated to 2.1% from a year earlier as rising commodity prices and a weak yen helped push the key figure to a seven-high high.…
Sales at the top are strong. The bottom falls in the rest of the market. "Rising interest rates and rising house prices have lowered demand for housing." By Wolf Richter…
In addition to helping clients manage their finances, some financial advisors aim higher. They educate consumers - people they will never meet - about personal finance. These advisors have created…
St. Louis Fed President James Bullard predicts a "pretty good second half" despite economic headwinds. Wall Street is increasingly convinced that the Federal Reserve will drag the economy into a…
Visualize China's $18 trillion economy in 2021 China is the second largest economy in the world after the United States, and it is expected to eventually rise to number one…
Piper Sandler's chief investment strategist, Michael Kantrowitz, is telling investors to stay defensive and not call a market bottom until 2023. Spirit Airlines' board of directors has recommended that its…