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Yahoo BusinessMay 27, 2022
Stock Market Climbs More Than 1% As Retail Bounces; These 4 Oil Stocks Top Buy Points


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What These 3 Key Retail Stocks' Mixed Signals Really Mean (The Motley Fool)
Stocks making the biggest moves premarket: Big Lots, Hibbett, Pinduoduo and others - CNBC (Google Business News)

Yahoo BusinessMay 27, 2022
Dow Jones Futures Rise After Big Market Rally; Here's What To Do Now


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Market Snapshot: U.S. stock futures tick higher as Fed's preferred measure of inflation remains hot, but cools (MarketWatch)

Google Business NewsMay 27, 2022
China plays for influence in South Pacific with security proposal and diplomatic tour - CNN
China plays for influence in South Pacific with security proposal and diplomatic tour  CNNUS, Australia fear growing Chinese military control in Pacific  Al Jazeera EnglishChina's Pacific plan seen as regional strategic game-changer  The Associated PressKiribati focuses on trade not security for China visit to remote Pacific island  ReutersChina's Pacific tour spurs hopes and fears in tiny island nations  Al Jazeera English

Yahoo BusinessMay 27, 2022
U.S. stock futures tick higher as Fed's preferred measure of inflation remains hot, but cools


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Stock futures rise on slowing inflation report, Dow on pace to snap 8-week losing streak (CNBC Finance)

MarketWatch Breaking NewsMay 27, 2022
Annualized U.S. inflation rate cools, according to the Fed's preferred measure
Annualized U.S. inflation rate cools, according to the Fed's preferred measure

The Motley FoolMay 27, 2022
2 Top Tech Stocks to Buy for the Long Haul
The lights are flashing green for long-term growth opportunities for these two tech stocks.

RELATED ARTICLES
3 Top Tech Stocks Under $20 Per Share (The Motley Fool)

MarketWatch Breaking NewsMay 27, 2022
Old Navy blamed as Gap shares are down 16% in premarket trades Friday
Old Navy blamed as Gap shares are down 16% in premarket trades Friday

FT.com - China, Economy & TradeMay 27, 2022
China tech stocks: relief rally eases lockdown pain
More attention should be paid to decisions over not providing guidance — they suggest the worst is yet to come

MarketWatch MarketPulseMay 27, 2022
Canopy Growth shares drop on wider-than-expected loss
Canopy Growth Corp. shares fell 11% in premarket trades Friday after it said its fourth-quarter loss narrowed to C$574.6 million, or $1.46 a share, from C$700 million, or $1.85 a share in the year-ago quarter. Revenue for the three months ended March 31 fell to C$126.1 million from C$167.4 million in the year-ago period. Analysts expected Constellation Brands Inc.-backed backed Canopy Growth to report a loss of 30 cents a share on revenue of C$129.9 million, according to FactSet. Looking ahead, Canopy Growth expects to generate positive adjusted Ebitda in fiscal year 2024, excluding investments in BioSteel drinks and its U.S. THC businesses. "Achieving profitability is critical and we have undertaken additional initiatives to streamline and drive efficiencies for our global cannabis business," said CEO David Klein. "In FY2023, we are focused on executing our path to profitability in Canada, while we continue to invest in high potential opportunities -- particularly in BioSteel, and further developing our U.S. THC ecosystem, which we believe remains significantly under-appreciated by the market." Prior to Friday's trades, shares of Canopy Growth are down 35.5% in 2022 compared to a drop of 25% by the Nasdaq and a loss of 41.9% by the Cannabis ETF .

Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.



RELATED ARTICLES
Hibbett shares fall premarket after profit miss as higher costs and lower discretionary income weigh (MarketWatch MarketPulse)

The Motley FoolMay 27, 2022
Gap, American Eagle Become Latest Retail Stocks to Fall Hard
There was one bright spot in the sector, though.

Google Market NewsMay 27, 2022
The Fed's preferred gauge shows inflation rose 4.9% in April in a sign that price increases could be slowing - CNBC
The Fed's preferred gauge shows inflation rose 4.9% in April in a sign that price increases could be slowing  CNBCKey inflation gauge slowed to still-high 6.3% over past year  The Washington PostThe Fed's preferred inflation gauge rose 4.9% in April, near 40-year high  Fox BusinessUS Inflation-Adjusted Spending: April Purchases Rose Underscoring Solid Consumer  BloombergWhen is the US

RELATED ARTICLES
Coming up: April latest reading of Fed's preferred inflation gauge (MarketWatch Breaking News)

Google Business NewsMay 27, 2022
Questions are mounting about the law enforcement response to the Texas elementary school massacre - CNN
Questions are mounting about the law enforcement response to the Texas elementary school massacre  CNNTexas school mass shooting: 10-year-old survivor recalls hearing shots and screams as gunman opened  FOX 4 Dallas-Fort WorthUvalde, Texas shooter entered school undisrupted through unlocked door, DPS official says  Fox NewsWaco woman reacts to shooting after growing up in Uvalde, attending Robb Elementary  KWTXSt. Mary's University student lost her daughter i

The Motley FoolMay 27, 2022
Worried About Inflation? This Stock Can Move Higher in an Environment of Rising Prices
MercadoLibre is a success story that shows inflation is not necessarily an obstacle to rising profits.

Google Business NewsMay 27, 2022
Stock market news live updates: Stock futures rise, S&P 500 looks to snap 7-week losing streak - Yahoo Finance
Stock market news live updates: Stock futures rise, S&P 500 looks to snap 7-week losing streak  Yahoo FinanceGap, Workday, Big Lots Fall Premarket; Ulta Beauty, Dell Rise By Investing.com  Investing.comDow Jones Futures Rise After Big Market Rally; Here's What To Do Now  Investor's Business DailyStock market news live updates: Stocks surge as relief rally gains steam on upbeat earnings  Yahoo FinanceMacy's, Twitter, Dollar General Rise Premarket; Nvidia, Apple Fall By Investing.com  Investing.com

Private Equity Breaking NewsMay 27, 2022
Gallant Capital said to seek $600m for second private equity fundraise
Gallant Capital, an LA private equity firm formed by a pair of former Gores Group execs, is reportedly back fundraising eyeing up to $600m for its sophomore fund.

The post Gallant Capital said to seek $600m for second private equity fundraise first appeared on AltAssets Private Equity News.



RELATED ARTICLES
Fund of funds continue ‘phenomenal run' outperforming private capital markets with 14-quarter winning streak (Private Equity Breaking News)

CNBC BusinessMay 27, 2022
Gap shares tumble nearly 20% after retailer slashes profit guidance for the year
The lower-income consumer, which is Old Navy's target customer, is starting to feel pinched by inflation, Chief Executive Officer Sonia Syngal told CNBC.

Private Equity Breaking NewsMay 27, 2022
US pension giant NYSCRF backs Francisco Partners megafund among $1.38bn of alternatives commitments
US pension fund giant the New York State Common Retirement Fund has revealed another $1.38bn of alternatives commitments, including to a pair of Francisco Partners funds.

The post US pension giant NYSCRF backs Francisco Partners megafund among $1.38bn of alternatives commitments first appeared on AltAssets Private Equity News.



Google Business NewsMay 27, 2022
NRA opens gun convention in Texas after school massacre - The Associated Press
NRA opens gun convention in Texas after school massacre  The Associated PressView Full Coverage on Google News

NPR Topics: BusinessMay 27, 2022
Discount stores Dollar Tree and Dollar General thrive in this turbulent economy
Dollar Tree and Dollar General reported quarterly earnings that beat expectations. NPR's Steve Inskeep talks to Harvard business professor Willy Shih about shopping during high inflation.

RELATED ARTICLES
Should Dollar General or Dollar Tree Give Investors a Case of FOMO? (Entrepreneur.com)

Washington Post BusinessMay 27, 2022
U.K. imposes windfall tax on oil and gas company profits as inflation bites
Chancellor Rishi Sunak's measure comes as inflation hits multi-decade highs following the Russian invasion of Ukraine.

RELATED ARTICLES
Pinduoduo stock surges after big profit and revenue beats, as gross margin improves sharply (MarketWatch MarketPulse)

Entrepreneur.comMay 27, 2022
Down 35% in 2022, is T. Rowe Price Group Now a Buy?
Investment management company T. Rowe Price Group (TROW) has been under pressure, with declining assets under management (AUM) amid rising inflation and the war in Ukraine. Its stock has slumped...

RELATED ARTICLES
Down 30%, Is Now The Time to Buy This Baby-Berkshire Stock? (The Motley Fool)

MarketWatch MarketPulseMay 27, 2022
Big Lots stock plunges after swinging to surprise loss and sales miss, and as gross margin contracted
Shares of Big Lots Inc. plunged 21.2% toward a two-year low in premarket trading Friday, after the home discount retailer swung to a surprise fiscal first-quarter loss and sales that fell more than forecast, as gross margin fell amid challenging changes in consumer demand. The net loss for the quarter to April 30 was $11.1 million, or 39 cents a share, after net income of $94.6 million, or $2.62 a share, in the year-ago period. The FactSet consensus was earnings per share of 95 cents. Sales fell 15.4% to $1.37 billion, below the FactSet consensus of $1.46 billion, while same-stores dropped 17.0% to miss expectations for an 11.4% decline. Gross margin contracted to 36.7% from 40.2% as selling and administrative expenses declined just 3.3%. For the fiscal second quarter, the company expects same-store sales to decline in the single-to-high single digit percentage range, compared with the FactSet consensus for a 1.5% decline. "We expect the environment to remain challenging and we remain highly focused on managing the business prudently, which includes aggressively right-sizing our inventories over the course of Q2," said Chief Executive Bruce Thorn. "We are focused on opening price points that drive traffic and improving gross margin rates through capitalizing on significant close-out opportunities, more targeted pricing and promotions, minimizing supply chain charges, and reducing shrink." The stock has already tumbled 32.0% year to date through Thursday, while the S&P 500 has lost 14.9%.

Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.



Yahoo BusinessMay 27, 2022
LyondellBasell stock rallies after special dividend announced, regular dividend raised


Forbes HeadlinesMay 27, 2022
The Best Memorial Day Sales Of 2022: 63 Deals You Can Shop Now
To ensure that you don't miss any of the deals, we've rounded up the best Memorial Day sales happening this weekend.

Forbes HeadlinesMay 27, 2022
This Founder Created A Platform To Help With Infertility, Now That Work May Help Address The Global Population Crisis
After a decade-long bout with infertility and eventually having her daughter via surrogacy, she created pregnantish, the first media and patient advocacy platform dedicated to infertility and modern family building.

Google Business NewsMay 27, 2022
U.S. may send long-range rocket systems to Ukraine; Russia captures more villages in Donbas. Follow our live updates - CNBC
U.S. may send long-range rocket systems to Ukraine; Russia captures more villages in Donbas. Follow our live updates  CNBCSee what its like on Ukraine's front lines in war with Russia  CNNRussia ‘expects' Ukraine to kowtow to its demands and accept the 'real situation that exists'  Fox NewsRussia pounds Severodonetsk as fears grow it will become 'like Mariupol'  New York Post Latest Russia-Ukraine War News: Live Updates  The New York TimesView Full Coverage on Google News

MarketWatch MarketPulseMay 27, 2022
Biden plans to cancel $10,000 in student loans per borrower, announcement won't come this weekend: report
President Joe Biden had planned to announce forgiveness for student loans as soon as this weekend as he gives a speech at the University of Delaware's commencement, but that timing has changed after Tuesday's school shooting in Uvalde, Texas, according to a Washington Post report on Friday citing unnamed sources. White House officials currently plan to cancel $10,000 in student debt per borrower, limiting the forgiveness to Americans who earned less than $150,000 in the prior year, or less than $300,000 for married couples filing jointly, the report said. That would be in line with what was expected.

Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.



The Motley FoolMay 27, 2022
4 Reasons to Avoid Dividend-Paying Stocks
Your financial goals define the role dividend stocks can play (or not play) in your portfolio.

The Motley FoolMay 27, 2022
Inflation Bear Market: 4 Large-Cap Stocks to Buy
The industry stalwarts can combat inflation and reward investors over time.

The Motley FoolMay 27, 2022
Want $400 in Dividends Monthly? Invest This Amount in These 3 Stocks
If you have $77,280 that you can afford to invest, these stocks can turn that into $400 in recurring monthly income.

MarketWatchMay 27, 2022
Retirement Hacks: Why cash is an important part of your retirement plan
When planning for retirement, find a way to fit cash savings into the mix

Google Market NewsMay 27, 2022
Pottstown, Pennsylvania explosion on Washington Street leaves at least 4 dead - WPVI-TV
Pottstown, Pennsylvania explosion on Washington Street leaves at least 4 dead  WPVI-TVView Full Coverage on Google News

MarketWatchMay 27, 2022
Livability: 7 secret beaches that are worth the trip to get there
The best beaches also attract the largest crowds—unless you know where the hidden ones are.

NYTimes BusinessMay 27, 2022
Global Brands Seek Clarity on Xinjiang
Companies that sourced cotton from the region in China are weighing evidence of forced labor, a lack of visibility into operations and new regulation.

KiplingerMay 27, 2022
Is the Stock Market Closed on Memorial Day 2022?
Americans will commemorate its fallen military personnel, and mark the unofficial start of summer, this Memorial Day, Monday, May 30. And the stock market will indeed be closed for Memorial Day, ensuring that investors can focus on the events of the day rather than watching the stock market continue its roller-coaster ways.

In many ways, 2022's day of commemoration is sure to feel more normal than the past two years. The COVID-19 pandemic largely clamped down on celebrations in 2020 and still cast a pall over 2021. And while the disease is far from contained, Americans clearly plan to travel. 

SEE MORE The 10 Best Stocks for a Bear Market AAA estimates that 39.2 million travelers will fly or drive this Memorial Day weekend ... still down from 2019's 42.8 million people who either booked flights or drove at least 50 miles to a destination, but up from last year's 36.2 million. That's naturally expected to keep upward pressure on gas prices, which have shot 40% higher from the start of 2022 alone.

But one thing that stays the same, year after year? Investors are getting a long weekend. Both the stock market and the bond market will be closed on May 30 in observation of Memorial Day. Also, the bond market will close early May 27, the Friday before Memorial Day.

Regular trading in stocks and bonds resumes on Tuesday, May 31.

Sign up for Kiplinger's FREE Closing Bell e-letter: Our daily look at the stock market's most important headlines, and what moves investors should make.

Here, we provide a schedule of stock market holidays and bond market holidays for 2022. Please note tha


KiplingerMay 27, 2022
4 Keys to Planning Your Hard-Earned Retirement Income Distributions
Most people work 35 to 45 years or more. It's a long haul, and when it's finally over, they deserve to enjoy their retirement. If they've been diligent about their saving and overall retirement planning, the fruits of their decades of labor can be quite rewarding.

SEE MORE Will Inflation Derail Your Retirement Plan? Knowing how to navigate the distribution phase of retirement is crucial. And the first thing to know is that retirement planning doesn't end on your last day of work - when the distribution phase begins. This is when you start using the savings and investments  built up during the accumulation phase to supplement regular income from Social Security, pensions and other income streams while supporting your retirement lifestyle. And though this new stage of life you've worked so hard toward can be fun and liberating, the idea of spending money with no income from work can cause stress and worry. Did you save enough, and will it last long enough?

Once you're ready to retire and are living off your assets, you can ease your concerns by having a strong grasp of your distribution plan. Here are some steps you can take to come up with a plan before retirement that will allow you to determine your income needs, take distributions smartly and retire comfortably.

Start with your priorities If you plan to travel extensively, you'll want to build that priority into your budget. If you're a homebody, your priorities will be geared more toward maintaining your home and spending on your hobbies. Someone who wants to leave a legacy would have a different way of investing, because they're looking at long-term objectives with their money.

It helps to have an honest conversation with your spouse to see what's important to you both. Write down the top five things that matter to you and discuss them together.



MarketWatchMay 27, 2022
The Moneyist: ‘Emotions and money do collide': My girlfriend doesn't understand how her student loan works and rents a pricey apartment. What if we marry — and divorce?
‘I get nervous when I read things like the divorce rate is 50% and rising.'

RELATED ARTICLES
Help Me Retire: I'm 68, my husband is terminally ill, and his $3 million estate will go to his son. I want to spend the rest of my days traveling — will I have enough money? (MarketWatch)

MarketWatchMay 27, 2022
The New York Post: Jet fuel prices double ahead of busy summer travel season
The price of jet fuel is twice as much as it was last year, according to U.S. federal data - an ominous sign for cash-strapped summer revelers ahead of what is expected to be a busy travel season.

FT.com - China, Economy & TradeMay 27, 2022
Alibaba leads Chinese tech sector surge after first-quarter results
Ecommerce group's Hong Kong shares rise 12% after beating earnings estimates despite Covid lockdowns

RELATED ARTICLES
Alibaba Shares Jump As Chinese E-Commerce Giant Posts Record Transactions (Forbes Headlines)

Google Business NewsMay 26, 2022
China's Pacific tour sparks hopes, fears in tiny island nations - Al Jazeera English
China's Pacific tour sparks hopes, fears in tiny island nations  Al Jazeera EnglishChina plays for influence in South Pacific with security proposal and diplomatic tour  CNNChina's FM visits Kiribati, where fishing ground is at stake  The Associated PressUS, Australia fear growing Chinese military control in Pacific  Al Jazeera EnglishDeal proposed by China would dramatically expand security influence in Pacific  The GuardianView

MarketWatchMay 26, 2022
Dow Jones Newswires: Alibaba shares soar in Hong Kong as optimism persists over earnings beat
Alibaba Group Holding Ltd. shares soared in Hong Kong trading on Friday, extending the positive momentum from U.S. trading overnight as investors welcomed the company's better-than-expected earnings.

Yahoo BusinessMay 26, 2022
Twitter Investors Deal a Big and Humiliating Blow to Musk


RELATED ARTICLES
New York Yankees and Tampa Rays use Twitter to raise awareness of gun violence - NPR (Google Business News)

The Motley FoolMay 26, 2022
Dollar Tree Inc (DLTR) Q1 2022 Earnings Call Transcript
DLTR earnings call for the period ending March 31, 2022.

MarketWatchMay 26, 2022
Earnings Results: Gap stock drops as Old Navy's struggles sink sales and outlook
Gap shares fell in the extended session Thursday after the clothing retailer turned in a wider-than-expected loss and issued a disappointing outlook.

USA Today MoneyMay 26, 2022
Female CEO pay rose 26% in 2021, but not many women are in top jobs
Women in CEO role hit median pay of $16 million, but there are only 18 of them among 340 companies surveyed.      

RELATED ARTICLES
CEO pay up 17% as profits, stocks soar; workers fall behind (USA Today Money)

Yahoo BusinessMay 26, 2022
UK Oil Windfall Tax Prompts BP to Review Investment Plans


RELATED ARTICLES
Windfall Tax But a Breeze for UK Oil Company Profits (The Motley Fool)

MarketWatchMay 26, 2022
Economic Report: Pending home sales fall for sixth straight month due to high prices and mortgage rates
An index of pending U.S. home sales slumped 3.9% in April and fell for the sixth month in a row, signaling a sharp slowdown in the real estate market due to record home prices and rising mortgage rates.

RELATED ARTICLES
Economic Report: U.S. unemployment claims fall to 210,000 and signal labor market still strong (MarketWatch)

Yahoo BusinessMay 26, 2022
Costco Earnings In Line, Sales Top, Besting Big-Box Peers


RELATED ARTICLES
Costco's Sales Were Better Than Expected. The Stock Is Down. (Yahoo Business)

Google Market NewsMay 26, 2022
Memorial Day travel: Amid record-high gas prices, millions plan trips - The Washington Post
Memorial Day travel: Amid record-high gas prices, millions plan trips  The Washington PostMillions of Memorial Day travelers prepare to hit the road amid record gas prices l GMA  ABC NewsHigher gas prices are ‘accepted' by Americans amid travel demand, energy economist says  Fox BusinessYoung consumers poised to make their Memorial Day spending mark  AdAge.comSan Diegans hit the roads for Memorial Day weekend, despite high gas prices  CBS 8 San DiegoView Full Coverage on Google News

Washington Post BusinessMay 26, 2022
Tech and retail stocks lift markets: Dow surges more than 500 points


MarketWatchMay 26, 2022
Market Snapshot: Dow ends higher for 5th day, scoring longest win streak in 2 months as consumer and tech sectors recover
U.S. stocks close sharply higher on Thursday, led by consumer and technology stocks, after a batch of better earnings reports from retailers and mostly benign economic data helped assuage investor concerns about a slowing economy.

CNBC FinanceMay 26, 2022
The market's comeback from a long slump gains steam with the Dow up 550 points
Stocks rose Thursday as Wall Street tried to rebound from a long string of weekly declines.

AdWeek NewsMay 26, 2022
Why More Companies Are Opposing the Texas Social Media Law
Last week, 19 trade bodies, including the Interactive Advertising Bureau, filed for an emergency application supporting NetChoice and the Computer and Communications Industry Association (CCIA)--organizations that represent tech giants like Google, Amazon, and Facebook--against the Texas social media law. Known as the Texas HB20, the law stops social media platforms with over 50 million monthly...

MarketWatchMay 26, 2022
The Moneyist: ‘What are the chances? I retire and the stock market crashes. All my plans are upside down.' I want to draw on my 401(k) to renovate my new home. What options do I have?
‘The stock market is my problem. My 401(k) is my problem.'
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