MARKET

Campbell’s drops ‘Soup’ from name, but it will still make soup

After 155 years, the Camden, N.J., company and component of the S&P 500 is officially changing its name to the Campbell’s Company. Source link

MARKET

CPI inflation report could push Fed to make an even bigger rate cut in September

How big a pair of scissors will the Fed take to interest rates? It’s a big topic as investors await inflation data due Wednesday. Source

MARKET

Oracle’s stock gains as company improves its earnings profile

Oracle is the latest software company to show profit progress in its financial results — and see its stock get rewarded. Source link

MARKET

The Biden administration said their student debt was canceled, but their servicer still says they owe. Now they’re suing.

Borrowers allege in a lawsuit against MOHELA that in some cases they’ve been waiting years for the debt relief they were promised Source link

MARKET

‘We’re happily married, mediocre gay men’: We’re 58, earn $160,000 and saved $2.2 million. We grew up poor. Our families treat us like ATMs. Are we OK?

“Our relatives are very poor, and our acquaintances are either single men getting by paycheck-to-paycheck, very successful professionals or trust-fund babies.” Source link

MARKET

The bond market just flashed a reliable recession signal. Don’t panic.

The Treasury market’s yield curve uninverted for first time since July 2022. Source link

MARKET

Docusign posts earnings beat and turns to next leg of post-pandemic strategy

The e-signature company recently started rolling out a new platform that uses AI and lets customers analyze all their contracts. Source link

MARKET

HPE posts record AI revenue, but stock falls after earnings

HPE’s outlook bracketed the consensus view, beating at the midpoint on revenue but coming up shy at the midpoint on earnings per share. Source link

MARKET

Why is the stock market down? Manufacturing data reminded investors that bad news is bad news.

September kicked off with a sense of déjà vu for stock-market investors, as major indexes fell sharply after a closely watched indicator pointed to further

MARKET

I’m a veteran, 53, with 6 degrees and $245,000 in student debt. I plan to discharge my loans due to my disability when I hit $1 million. Is this immoral?

“After my school expenses are paid, I receive a refund for approximately $7,000 up to four times a year. “ Source link