Machinery

Here are the worst (and best) performing stocks of August and for 2022

Here are the worst (and best) performing stocks of August and for 2022

After a strong showing in July, when stock indexes rebounded from their 2022 lows of June, U.S. equities abruptly reversed course in August. Here’s the damage: Index Price change – July 29 through Aug. 30 Price change – 2022 through Aug. 30 Price change – 2021 S&P 500 SPX, +0.04% -3.5% -16.4% 26.9% Dow Jones …

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The Rich Keep on Shopping. Here's What They're Buying.

The Rich Keep on Shopping. Here’s What They’re Buying.

When the going gets tough, the tough go shopping. That sentiment has long underpinned U.S. fiscal might, as consumer spending has fueled growth for decades and remains the major driver of the nation’s gross domestic product. No wonder then that the financial health of shoppers is in sharp focus now, amid the Federal Reserve‘s bid …

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