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  • Investors are wrong about how many rate hikes are coming: Zandi

    Alexis Christoforous of Yahoo Finance previews the June jobs report and the outlook for interest rate hikes with Moody's Analytics chief economist Mark Zandi.

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  • BANK OF AMERICA: We may have just witnessed the 'first step' towards the end of the bull market
    Business
    Business Insider1 hour ago

    BANK OF AMERICA: We may have just witnessed the 'first step' towards the end of the bull market

    The bank has a sell side indicator of stocks, which is based on its survey of Wall Street strategists' asset allocation recommendations on the last day of every month. "We have found that Wall Street’s consensus equity allocation has been a reliable contrary indicator," Subramanian added.

  • Huntington Ingalls (HII) Wins $219M Deal for USS Columbus
    Finance
    Zacks4 hours ago

    Huntington Ingalls (HII) Wins $219M Deal for USS Columbus

    Huntington Ingalls Industries, Inc.'s HII unit, Newport News, has clinched a modification contract from the U.S. Navy to exercise options for performing actions under USS Columbus (SSN 762) engineered overhaul availability.  Details of the DealThe contract

  • Our Trips to This Whole Foods Store Were Astonishing and a Big Reminder Why Amazon Must Clean House
    Business
    The Streetyesterday

    Our Trips to This Whole Foods Store Were Astonishing and a Big Reminder Why Amazon Must Clean House

    Whole Foods Market Inc.  (WFM) touts itself as an upscale grocer, and charges the prices to prove it. It's not for nothing that its nickname is Whole Paycheck, where items can cost double the price of what's sold at Kroger (KR) or Walmart Stores Inc. (WMT) . With that in mind, you might think that the Whole Foods in Tribeca, one of New York City's priciest neighborhoods, would be a gleaming example of a premier grocer serving a largely well-to-do customer base. Here in this lower Manhattan locale, the median annual income is nearly $120,000 and median home sales go for $2.3 million, according to Point2Point Homes. Many of the neighborhood's residents are college-educated professionals. But when