The Morning Financial Newsletter That's Ruffling Feathers.

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Recent Newsletters

11/20/2024
A tale of two retailers: Target reports sluggish spending while Walmart has a stellar quarter

Target on Wednesday reported sluggish sales and slumping profits in the fiscal third quarter as inflation-weary customers curtailed their spending on apparel and other non-essential items. The Minneapolis retailer fell short of Wall Street expectations for the quarter, and its profit and sales outlo...

11/19/2024
VCs Back Entrepreneurs Tackling Insane Hardware Challenges

In the 2010s, the startup landscape was dominated by SaaS—software companies that promised to disrupt industries with scalable, cloud-based solutions. Venture capital dollars flowed into these businesses as fast as they could be coded. But the tides are shifting. While software remains crucial, today’s most ambitious entrepreneurs aren’t just writing code—they’re tackling some of the […]

The post VCs Back Entrepreneurs Tackling Insane Hardware Challenges appeared first on Due.

11/18/2024
Stock market today: Wall Street rises following last week's slide

Most U.S. stocks ticked higher Monday to recover some of their sharp slide from last week. The S&P 500 rose 0.4% for its first gain in three days. The Dow Jones Industrial Average slipped 55 points, or 0.1%, and the Nasdaq composite gained 0.6%. CVS Health rallied 5.4% after adding four new dire...

11/15/2024
UK Treasury chief says she's not satisfied by paltry third-quarter economic growth

Britain's Treasury chief Rachel Reeves said Friday that she is “not satisfied” by official figures showing the British economy's rebound from recession slowed down sharply in the third quarter of the year, as the country's top central banker voiced his concerns about the economic damage wrought by t...

11/14/2024
UK plans to create pension megafunds with aim of unlocking $100 billion for investment

British Treasury chief Rachel Reeves says the government plans to merge dozens of pension funds with the aim of unlocking tens of billions of pounds for investment and boosting the U.K.’s sub-par economic growth

11/13/2024
Stock market today: Wall Street drifts to a mixed finish after an inflation update

U.S. stocks drifted to a mixed finish Wednesday after the latest inflation update boosted hopes that more help for the economy will arrive next month through a cut to interest rates.The S&P 500 was nearly unchanged and edged up by less than 0.1%, coming off its first loss since a big rally eru...

11/12/2024
Home Depot's Q3 results top Wall Street as pullback in consumer spending eases a bit

Home Depot continued to deal with a pullback in spending from customers in its fiscal third quarter, but it was less severe than in the past, and its performance beat Wall Street's expectations. The home improvement retailer also boosted its full-year revenue outlook.Revenue for the Atlanta-based co...

11/11/2024
How to Reverse Lifestyle Creep: Regain Control of Your Finances and Priorities

We can all fall victim to lifestyle creep at some point in our lives. Initially, it’s just a few small changes, such as upgrading your phone or treating yourself to a nicer dinner. Small splurges, however, can eventually become consistent expenses that gradually erode your savings. Eventually, you may live paycheck to paycheck for a little […]

The post How to Reverse Lifestyle Creep: Regain Control of Your Finances and Priorities appeared first on Due.

11/8/2024
Stock market today: Wall Street cruises to more records as it closes its best week in a year

U.S. stocks cruised to more records as they closed their best week in a year on Friday.The S&P 500 rose 0.4% to cap its biggest weekly gain since early November 2023 and briefly crossed above the 6,000 level for the first time. The Dow Jones Industrial Average climbed 259 points, or 0.6%, while ...

11/7/2024
Sweden cuts its key rate by 0.5 percentage points to 2.75%, the largest reduction in over a decade

Sweden’s central bank on Thursday cut its key interest rate by half a percentage point to 2.75% in what was described as the largest reduction over a decade.Riksbanken said the cut, the fourth this year, was “to provide further support to the economy and help inflation stabilize at the target.”It ad...

11/6/2024
This Entrepreneur Went from Frozen Dinners to Financial Success: Here’s How

Brett Farmiloe, the founder of Featured.com, has had a diverse and fascinating entrepreneurial journey. From surviving on Hot Pockets during a cross-country RV trip to building and selling successful businesses, Farmiloe’s journey offers valuable insights for aspiring entrepreneurs. Watch the full podcast here: What is the Hot Pocket Challenge? Farmiloe’s entrepreneurial spirit was evident early […]

The post This Entrepreneur Went from Frozen Dinners to Financial Success: Here’s How appeared first on Due.

11/5/2024
9 Ways to Keep Your Holiday Spending in Check

Is there anything better than celebrating the holiday season with family and giving to others? However, in the season’s excitement, losing track of spending is also easy. In fact, according to the 2024 Deloitte holiday retail survey, respondents expect to spend $1,778 (+8% year-over-year) this holiday season after expressing record holiday spending intentions in 2023. […]

The post 9 Ways to Keep Your Holiday Spending in Check appeared first on Due.

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