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☆ Bed Bath & Beyond just missed another debt payment. See the full list of stores it will close, including Harmon and Buybuy Baby locations.
▼ + stars: | 2023-02-02 | by ( Avery Hartmans | Dominick Reuter | ) www.businessinsider.com time to read: +20 min

In addition to 87 more Bed Bath & Beyond stores, the company now says it will close all of its remaining Harmon health and beauty stores, and five Buybuy Baby stores. San Leandro: 15555 East 14th St., Suite 24015555 East 14th St., Suite 240 Burbank: 201 East Magnolia Blvd. Marina: 117 General Stilwell Drive117 General Stilwell Drive Vallejo: 105 Plaza Drive, Suite 107105 Plaza Drive, Suite 107 * Palm Desert: 72459 Highway 11172459 Highway 111 * Visalia: 3125 South Mooney Blvd. Arterial * Coralville: 2515 Corridor Way Suite 5Kansas:Lawrence: 3106 S. Iowa St., Suite 2153106 S. Iowa St., Suite 215 Manhattan: 425 3rd Place425 3rd Place * Olathe: 15335 W. 119th St.Kentucky:Elizabethtown: 1998 N. Dixie Ave.1998 N. Dixie Ave. New Hartford: 4805 Commercial Drive4805 Commercial Drive Kingston: 1187 Ulster Ave.1187 Ulster Ave. Plattsburgh: 73 Centre Drive, Suite 10073 Centre Drive, Suite 100 Farmingdale: 251 Airport Plaza Blvd.

☆ Wall Street surges, powered by tech rebound
▼ + stars: | 2023-01-23 | by ( Stephen Culp | ) www.reuters.com time to read: +4 min

"No one wants to be watching from the sideline with a bunch a cash as the market gets away from them." All 11 major sectors in the S&P 500 were higher, with tech (.SPLRCT) up the most, jumping 2.8%. Fourth-quarter reporting season has shifted into overdrive, with 57 of the companies in the S&P 500 having posted results. Of those, 63% have delivered better than expected earnings, according to Refinitiv. The S&P 500 posted 11 new 52-week highs and no new lows; the Nasdaq Composite recorded 66 new highs and 14 new lows.

Earn 6 Marriott Bonvoy points for each dollar of eligible purchases at hotels participating in the Marriott Bonvoy™ program. $95 Apply now On Wells Fargo's website Learn More Apply now On Chase's websiteHow to earn points with the Amex Marriott Bonvoy Brilliant cardThe Marriott Bonvoy Brilliant® American Express® Card offers a straightforward earning structure, earning bonus points at eligible Marriott Bonvoy properties and in other useful categories. Read our review Read Our Review A looong arrow, pointing rightMarriott Bonvoy Brilliant card fees and costsThe Marriott Bonvoy Brilliant® American Express® Card has a $650 annual fee. You also aren't eligible for the welcome bonus offer on this card if any of the following apply to you: You are a current cardmember, or were a previous cardmember within the last 30 days, of The Ritz-Carlton™ Credit Card from JPMorgan or J.P. Morgan Ritz-Carlton Rewards® Credit CardYou've opened the Marriott Bonvoy Boundless® Credit Card, Marriott Bonvoy Bold® Credit Card, or Marriott Bonvoy Bountiful™ Card in the last 90 daysIn the last 24 months, you've received a new cardmember bonus offer or upgrade offer for the Marriott Bonvoy Boundless® Credit Card, Marriott Bonvoy Bold® Credit Card, or Marriott Bonvoy Bountiful™ CardIs the Marriott Bonvoy Brilliant card worth it? There are also two new mid-range Marriott cards to consider (Marriott Bonvoy Bountiful™ Card and Marriott Bonvoy Bevy™ American Express® Card) which both have a $250 annual fee).

Review: Is the Marriott Bonvoy Bevy American Express card the best credit card for you? With the launch of the Marriott Bonvoy Bevy™ American Express® Card (and its new sibling card, the Marriott Bonvoy Bountiful™ Card ), there are now a whopping six Marriott credit cards available to new applicants. The Marriott Bonvoy Bevy™ American Express® Card, with a $250 annual fee, is positioned as a mid-tier card between the popular Marriott Bonvoy Boundless® Credit Card ($95 annual fee) and premium Marriott Bonvoy Brilliant® American Express® Card ($650 annual fee). On other Marriott Bonvoy cards, like the Marriott Bonvoy Boundless® Credit Card, the free anniversary night certificate is one of the best perks, so its absence on the Marriott Bonvoy Bevy™ American Express® Card really sticks out. If have or have had The Ritz-Carlton® Credit Card from JPMorgan, J.P. Morgan Ritz-Carlton Rewards® Credit Card, Marriott Bonvoy Bountiful™ Card, Marriott Bonvoy Boundless® Credit Card, Marriott Rewards® Premier Plus Credit Card from Chase, Marriott Bonvoy® Premier Credit Card from Chase, Marriott Bonvoy Bold® Credit Card, Marriott Bonvoy® Premier Plus Business Credit Card from Chase, or the Marriott Rewards® Premier Plus Business Credit Card from Chase in the last 30 days, you won't be eligible for the $250.

☆ Boy, 2, killed after tree falls onto home during powerful California storm
▼ + stars: | 2023-01-05 | by ( Minyvonne Burke | Minyvonne Burke Is A Senior Breaking News Reporter For Nbc News. | ) www.nbcnews.com time to read: +2 min

A 2-year-old boy was among at least two people killed after a storm swept through California, knocking down trees, flooding streets and leaving thousands in the dark. Fire personnel performed CPR but the boy was pronounced dead from his injuries just before 6 p.m. Parts of California were hit by heavy rain, strong winds and flooding that left thousands of people in the dark. The National Weather Service said Thursday that continued thunderstorms and heavy rain should be expected throughout the day. There are still flash flood watches and flood watches out in effect for many portions of California today."

All the major S&P 500 sector indexes rose, with consumer discretionary (.SPLRCD) and technology (.SPLRCT) leading the pack with a near 3% rise. The Fed's aggressive rate hikes have hammered equities this year, with the benchmark S&P 500 (.SPX) shedding 19.3% and the tech-heavy Nasdaq tumbling nearly 33%. The CBOE Volatility index (.VIX), known as Wall Street's "fear gauge", slipped, signaling an easing in investor anxiety. Tesla shares (TSLA.O) rose 8.3% after Chief Executive Elon Musk told staff they should not be "bothered by stock market craziness". The S&P index recorded no new 52-week highs and no new lows, while the Nasdaq recorded 40 new highs and 117 new lows.

☆ Target hopes value-hungry shoppers will come to the rescue this holiday season
▼ + stars: | 2022-12-20 | by ( Melissa Repko | ) www.cnbc.com time to read: +5 min

Melissa Repko | CNBCTarget has more than 1,700 toys that are exclusive to its stores and website this holiday season. Target is also trying to cut through the noise of a more promotional holiday season. And, as shoppers juggle holiday parties and hit stores again, Target wants shoppers' store visits to be convenient and fun, said Cara Sylvester, chief guest experience officer. She said the goal is to be a "holiday happy place" where shoppers want to stay awhile and fill up their carts. Baker said investors hope to see signs Target's sales are picking up as the holiday rush gains steam.

[1/2] A trader works on the trading floor at the New York Stock Exchange (NYSE) in New York City, U.S., December 14, 2022. Adding to angst, New York Fed President John Williams said it remains possible the U.S. central bank raises rates more than it expects next year. The policymaker added that he does not anticipate a recession from the Fed's aggressive tightening. The simultaneous expiration of stock options, stock index futures and index options contracts later in the day, known as triple witching, could cause volatility through the trading session. The S&P index recorded no new 52-week highs and 15 new lows, while the Nasdaq recorded 29 new highs and 267 new lows.

☆ Connecticut's wealthy hedge-fund haven, home to Shonda Rhimes and the billionaire owner of the Mets, is losing federal 'high-cost' housing status after its home price gains lagged the US
▼ + stars: | 2022-12-10 | by ( Kelsey Neubauer | ) www.businessinsider.com time to read: +5 min

Fairfield County, Connecticut, is a ritzy NYC suburb known for hedge funds and shoreline mansions. Fairfield County, Connecticut, New York City's ritziest suburban enclave, barely saw any home-price gains in the year through September, according to the Federal Housing Finance Agency. The county's median household income of $101,194 tops the overall median income in the US — $70,784 — by a large margin. Data from Douglas Elliman shows Fairfield County's median sale price rose by 8.2% year-over-year through September, for example. In 2022, with high-cost status, the county's limit has been significantly higher, at $970,000.

Producer prices climbed 7.4% last month on an annual basis, the Labor Department's report showed, compared with economists' expectations of a 7.2% increase. Core producer prices, which exclude volatile food and energy components, jumped 6.2% compared with estimates of a 5.9% rise. Consumer prices data for November, due Tuesday, will provide fresh clues on the central bank's monetary tightening plans. U.S. stocks had snapped a recent run of losses on Thursday after data showed initial jobless claims modestly rose last week, suggesting the labor market was deteriorating. The S&P index recorded five new 52-week highs and one new lows, while the Nasdaq recorded 24 new highs and 96 new lows.

☆ November PPI a bit hotter than expected
▼ + stars: | 2022-12-09 | by ( ) www.reuters.com time to read: +5 min

Data for October was revised higher to show the PPI gaining 0.3% instead of 0.2% as previously reported. "I don’t believe this changes anything about what the Fed was going to do on Wednesday in terms of raising rates by 50 basis points." The strength of the data was broad based with ex-food, energy, and trade also topping estimates at 0.3% MoM vs. 0.1% MoM anticipated in an acceleration from last month's 0.2% MoM print. If there’s any positive signs it’s the yearly decline.”“Bottom line is inflation is in a down-trend but month-on-month it’s hotter than expected. Then, in March I expect it to be a 25 basis points after which they’ll hold to see how all these rate hikes have played out unless something dramatic happens.

Rare protests in major Chinese cities over the weekend against the country's strict zero-COVID curbs have hit growth expectations in the world's second-largest economy. U.S.-listed shares of Chinese companies such as Bilibili Inc , Alibaba Group Holding Ltd , JD.com Inc , Baidu Inc and Nio Inc , however, eked out gains, rising between 1% and 2.2%. Declining issues outnumbered advancers for a 2.47-to-1 ratio on the NYSE and for a 1.95-to-1 ratio on the Nasdaq. The S&P index recorded 11 new 52-week highs and two new lows, while the Nasdaq recorded 74 new highs and 102 new lows. Reporting by Ankika Biswas and Shreyashi Sanyal in Bengaluru; Editing by Shounak Dasgupta and Anil D'SilvaOur Standards: The Thomson Reuters Trust Principles.

☆ The Epic Blunder That Made America’s Goalkeeper
▼ + stars: | 2022-11-28 | by ( Andrew Beaton | ) www.wsj.com time to read: 1 min

DOHA, Qatar—Before Matt Turner became a star for the U.S. men’s national team, he was famous for the one and only thing that a goalkeeper never wants to become associated with: an all-time howler. The goal Turner gave up in 2013 was so astonishing that a Fairfield University soccer clip went viral. Videos of the play—which began with a shot that ricocheted off the crossbar, popped into the air and then rolled off Turner when he tried to collect it, into his own net—rapidly spread across social media and the nightly news. Turner rode the bench for the rest of the season while seemingly everyone watched his mistake over and over.

The Labor Department's producer prices index rose 8% in the 12 months through October, lower than an estimated 8.3% rise, according to a Reuters poll of economists. Excluding volatile food and energy costs, the index rose 5.4% on an annual basis last month after increasing 5.6% in September. The report follows softer-than-expected consumer prices data late last week, which sparked a massive rally on hopes of a less aggressive monetary policy. "It (the data) is going to confirm people's hopes that inflation is starting to turn the corner. The S&P index recorded no new 52-week highs and no new lows, while the Nasdaq recorded 23 new highs and 27 new lows.

☆ Instant View: Comfortably cool U.S. CPI suggests aggressive Fed hikes taking hold
▼ + stars: | 2022-11-10 | by ( ) www.reuters.com time to read: +5 min

read moreMARKET REACTION:STOCKS: S&P 500 futures turned sharply higher and were up 3.1%BONDS: The yield on 10-year Treasury notes tumbled and was down 21.5 basis points at 3.927%; The two-year U.S. Treasury yield was down 26.6 basis points at 4.362%. The dollar index was off 1.3%COMMENTS:BRIAN JACOBSEN, SENIOR INVESTMENT STRATEGIST, ALLSPRING GLOBAL INVESTMENTS, MENOMONEE FALLS, WISCONSIN“Well, that was a relief. And I think the expectation now is the Fed hikes rates 50 basis points in December. ART HOGAN, CHIEF MARKET STRATEGIST, B. RILEY WEALTH, NEW YORK"A softer than expected inflation report is acting as a tailwind for markets. "Given just this data, it would allow the Fed to raise by only 50 basis points rather than 75 at the next meeting.

☆ VIEW Comfortably cool US Oct CPI spells relief for Fed
▼ + stars: | 2022-11-10 | by ( ) www.reuters.com time to read: +4 min

And I think the expectation now is the Fed hikes rates 50 basis points in December. ART HOGAN, CHIEF MARKET STRATEGIST, B. RILEY WEALTH, NEW YORK"A softer than expected inflation report is acting as a tailwind for markets. Next, we immediately turned our attention to the CPI and that clearly came in better than expected. It rocketed the futures higher and then to top it off, weekly initial unemployment claims came in higher than expected. "Given just this data, it would allow the Fed to raise by only 50 basis points rather than 75 at the next meeting.

☆ Comfortably cool US CPI suggests aggressive Fed hikes taking hold
▼ + stars: | 2022-11-10 | by ( ) www.reuters.com time to read: +5 min

read moreMARKET REACTION:STOCKS: S&P 500 futures turned sharply higher and were up 3.1%BONDS: The yield on 10-year Treasury notes tumbled and was down 21.5 basis points at 3.927%; The two-year U.S. Treasury yield was down 26.6 basis points at 4.362%. And I think the expectation now is the Fed hikes rates 50 basis points in December. ART HOGAN, CHIEF MARKET STRATEGIST, B. RILEY WEALTH, NEW YORK"A softer than expected inflation report is acting as a tailwind for markets. Next, we immediately turned our attention to the CPI and that clearly came in better than expected. "Given just this data, it would allow the Fed to raise by only 50 basis points rather than 75 at the next meeting.

☆ 3 Markets rejoice after surprisingly cool inflation report
▼ + stars: | 2022-11-10 | by ( ) www.reuters.com time to read: +9 min

YUNG-YU MA, CHIEF INVESTMENT STRATEGIST, BMO WEALTH MANAGEMENT, CHICAGO“The better-than-expected CPI numbers are welcome but show a lot of underlying volatility. What Powell said is that we are going to need a few more reads on good CPI data before he can say we’re done." Shelter is the main contributor to inflation and everyone should know by now that it’s a garbage indicator of where inflation is headed. ART HOGAN, CHIEF MARKET STRATEGIST, B. RILEY WEALTH, NEW YORK"A softer than expected inflation report is acting as a tailwind for markets. “The good news is that we saw a significant sequential improvement, inflation is clearly moving in the right direction.

Crop Watch fields were harvested within the last week, all corn, and two of them fell short of expectations, consistent with this year’s trend. The North Dakota corn ended at 2.75, down a quarter-point from expectations but above last year’s 2. The 11-field average, unweighted 2022 Crop Watch corn yield ends at 3.57, down from 3.7 a week ago. Crop Watch yield scores 2022SIGHTS ON 2023More than half of the Crop Watch producers said they have already purchased seed for 2023 and an even larger share said they had priced next year’s inputs. Most of the Crop Watch producers are in rotation-heavy areas, but acres in North Dakota and Kansas can swing the pendulum.

☆ Iowa teens killed Spanish teacher over bad grade, prosecutors say
▼ + stars: | 2022-11-02 | by ( The Associated Press | ) www.nbcnews.com time to read: +3 min

DES MOINES, Iowa — Two Iowa teenagers killed their high school Spanish teacher last year because of frustration over a bad grade, prosecutors said Tuesday in court documents that for the first time reveal a possible motive. Investigators allege that one of the teens met with Graber at Fairfield High School on the afternoon of Nov. 2, 2021, to discuss their poor grade in her class. Graber later drove her van to a park where she was known to take daily walks after school, authorities say. “The poor grade is believed to be the motive behind the murder of Graber," court documents filed by Jefferson County Attorney Chauncey Moulding and Assistant Iowa Attorney General Scott Brown said. Iowa Supreme Court rulings require juveniles convicted of even the most serious crimes to be given a chance for parole.

Crop Watch corn fields were harvested last week: Nebraska and eastern Iowa. The eastern Iowa corn finished at 4.25, down a quarter-point from earlier predictions and a half-point below last year. The Nebraska corn is irrigated this year, but the producer would score his dryland corn yield around 1.5. That would be slightly above the 2020 result, which is consistent with the Crop Watch corn scores in 2022 versus 2020. REST OF HARVESTFour more Crop Watch corn fields remain.

The U.S. central bank is likely to raise rates by 75-basis points for the fourth straight time this year in November. "That probably won't be coming until we start to see some weakness in the labor market, which is helping fuel inflation pressures." Dow components Procter & Gamble Co and Travelers Companies Inc (TRV.N) rose 3.4% and 2.6%, respectively, after the companies posted better-than expected quarterly profit. Declining issues outnumbered advancers for a 2.56-to-1 ratio on the NYSE and for a 1.92-to-1 ratio on the Nasdaq. The S&P index recorded two new 52-week highs and five new lows, while the Nasdaq recorded 18 new highs and 100 new lows.

"That probably won't be coming until we start to see some weakness in the labor market, which is helping fuel inflation pressures." Apple Inc (AAPL.O) fell 1.3% in premarket trading after a report of iPhone 14 Plus production cut within weeks of starting shipments. Other growth stocks including Tesla Inc (TSLA.O), Amazon.com (AMZN.O), Microsoft Corp (MSFT.O) and Alphabet Inc (GOOGL.O) fell between 0.1% and 0.2%. ET, Dow e-minis were down 134 points, or 0.44%, S&P 500 e-minis were down 21 points, or 0.56%, and Nasdaq 100 e-minis were down 57.25 points, or 0.51%. United Airlines Holdings Inc (UAL.O) jumped 5.8% as the U.S. carrier posted its strongest quarterly earnings in three years.

☆ U.S. stocks extend rally, Treasury yields dip after solid earnings, economic data
▼ + stars: | 2022-10-18 | by ( Stephen Culp | ) www.reuters.com time to read: +3 min

Traders work on the floor of the New York Stock Exchange (NYSE) in New York City, U.S., October 17, 2022. REUTERS/Brendan McDermidNEW YORK, Oct 18 (Reuters) - Wall Street stocks closed higher and Treasury yields dipped on Tuesday as upbeat earnings and better-than-expected factory data stoked a risk-on rally. The pan-European STOXX 600 index (.STOXX) rose 0.34% and MSCI's gauge of stocks across the globe (.MIWD00000PUS) gained 1.13%. Emerging market stocks rose 1.50%. The dollar index rose 0.02%, with the euro up 0.17% to $0.9855.

☆ Wall Street extends rally, Treasury yields waver after solid earnings, economic data
▼ + stars: | 2022-10-18 | by ( Stephen Culp | ) www.reuters.com time to read: +3 min

Traders work on the floor of the New York Stock Exchange (NYSE) in New York City, U.S., October 17, 2022. REUTERS/Brendan McDermidNEW YORK, Oct 18 (Reuters) - U.S. stocks surged and Treasury yields oscillated on Tuesday as better-than-expected earnings and robust factory data fueled investors' risk appetite. Extending Monday's broad rally, all three major U.S. stock indexes were last up well over 1%, with gains across the board. Emerging market stocks rose 1.47%. read moreThe dollar index rose 0.08%, with the euro up 0.12% to $0.985.

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