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  • Mar 06, 2025

The number of Americans filing for jobless benefits falls as labor market remains sturdy

Applications for U.S. jobless benefits fell last week as the labor market remains sturdy ahead of an expected purge of federal government employees. The number of Americans filing for jobless benefits fell by 21,000 to 221,000 for the week ending March 1, the Labor Department said Thursday. Weekly applications for jobless benefits are considered a proxy for layoffs, which have remained mostly in a range between 200,000 and 250,000 for years.

  • Mar 06, 2025

Tesla CFO sells $1.7M more in stock

The sale comes as Tesla’s stock has lost a third of its value since President Donald Trump took office, amid a backlash against the EV maker’s CEO Elon Musk and a broadening trade war.

  • Mar 06, 2025

Cracker Barrel (NASDAQ:CBRL) Posts Better-Than-Expected Sales In Q4, Stock Soars

Restaurant company Cracker Barrel (NASDAQ:CBRL) announced better-than-expected revenue in Q4 CY2024, with sales up 1.5% year on year to $949.4 million. The company expects the full year’s revenue to be around $3.48 billion, close to analysts’ estimates. Its non-GAAP profit of $1.38 per share was 27.2% above analysts’ consensus estimates.

  • Mar 06, 2025

S&P downgrades Stellantis rating, expects tariff headwinds

S&P said it expects the price cuts implemented in North America and Europe late last year coupled with affordability concerns from buyers to limit the automaker's volume growth and margin expansion in those markets. U.S. President Donald Trump on Wednesday gave carmakers a one-month reprieve from his punishing 25% tariffs on Canada and Mexico. Stellantis thanked Trump for the tariff pause, and pledged to help the president's America First aim of building more cars in the United States.

  • Mar 06, 2025

2 Stocks Under $50 with Exciting Potential and 1 to Ignore

Stocks trading between $10 and $50 can be particularly interesting as they frequently represent businesses that have survived their early challenges. However, investors should remain vigilant as some may still have unproven business models, leaving them vulnerable to the ebbs and flows of the broader market.

  • Mar 06, 2025

3 Consumer Stocks in Hot Water

Consumer staples stocks are solid insurance policies in frothy markets ripe for corrections. The flip side is that they frequently fall behind growth industries when times are good, and this perception became a reality over the past six months as the sector was down 7.9% while the S&P 500 was up 7.9%.

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