Debt Ceiling Debacle: Why Not Just Spend More Responsibly?
Not raising the debt ceiling could cause another sell-off in the stock market. If so, history has shown it is worth buying the dip as...
: House Democrats say they have 213 votes for ‘discharge petition’ option in debt-limit standoff
All 213 Democratic lawmakers in the U.S. House of Representatives support a “discharge petition” that could end the debt-ceiling standoff, House Minority Whip Katherine Clark...
: Red Robin rallies on more optimistic sales forecast, as first-quarter results beat
Shares of Red Robin Gourmet Burgers Inc. RRGB were up 5.5% after hours on Wednesday after the restaurant chain offered a more upbeat full-year sales...
: Guess stock rises after retailer posts narrower quarterly loss
Shares of Guess Inc. GES rose more than 5% in the aftermarket Wednesday after the retailer reported a narrower-than-expected adjusted fiscal first-quarter loss and sales...
: American Eagle stock tumbles on forecast for sales decline
Shares of American Eagle Outfitters Inc. AEO fell 14% after hours on Wednesday after the clothing retailer forecast a “low-single digits” sales decline for the...
: WeWork CFO Andre Fernandez to resign
WeWork Inc. WE said in a filing late Wednesday that Chief Financial Officer Andre Fernandez is resigning, effective June 1. This comes a little over a...
Snowflake shares plunge 12% on guidance miss, acquisition of search startup Neeva
Snowflake beat on the top and bottom lines for the fiscal first quarter, but it gave product revenue guidance that missed consensus estimates.
: JPMorgan puts odds of no debt-ceiling deal by early June at ‘around 25% and rising’
In a note released Wednesday, a team of analysts at JPMorgan Chase & Co. said they see the odds of Washington negotiators failing to reach...