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Amazon is actually the weakest of the big U.S. retailers, Moody’s says
Amazon.com Inc. is far from dominating the retail sector, and is actually weaker than rivals including Wal-Mart, Costco and Best Buy, according to a new Moody’s report.
Market Snapshot: Stock market rises on strong economic data as geopolitical jitters fade
U.S. stocks climb Wednesday afternoon, with a pair of strong economic reports putting the S&P 500 on track for its fourth straight daily increase, though ongoing tensions between the U.S. and North Korea has fostered turbulent trade.
Outside the Box: How to make financial markets safe from hostile hackers
The financial markets and government regulators must act now to protect the markets from malicious cyberattacks.
MarketWatch First Take: Harvey’s ravaging of Houston is perfect reason to kill the flood insurance program
The massive toll Houston is facing from the aftermath of Hurricane Harvey is putting pressure on Congress to renew the federal flood insurance ahead of next month’s deadline. In reality, Houston’s horrible situation is the precise argument for why it needs to be wound down.
Commodities Corner: Why September’s gasoline futures contract has left October’s in the dust
The soon to expire September gasoline futures contract has rallied to levels not seen in more than two years, but the October contract hasn’t—thanks to a “summer grade” advantage and Hurricane Harvey.
More refineries come off line in Harvey’s wake
Deadly storm delivers a second punch on the Gulf Coast, shutting down a fifth of U.S. refining capacity.
Futures Movers: Oil prices under pressure even as U.S. supplies show a drop
U.S. traded crude-oil futures are struggling for direction on Wednesday as gasoline prices rally to a 2-year high, with traders unfazed by a sizable weekly drop in U.S. crude supplies and gasoline stockpiles that held steady last week.
Investors ought to get ahead of Trump’s tax-reform push
Tax reform would benefit many companies, and probably even the whole stock market, says Nigam Arora.
Outside the Box: Investors are still underestimating this part of Nvidia’s business
Gamers are switching to PCs from consoles, and that could be a huge boost for Nvidia’s bread-and-butter business, writes Ben Bajarin.
Key Words: Union chief Trumka says allies in Trump White House ‘turned out to be racist’
AFL-CIO President Richard Trumka said Wednesday that of the two factions he saw in the White House, one had some policies the labor federation would have supported. But, he told a Christian Science Monitor Breakfast, there was one problem.
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