Retail/Wholesale

10 Dividend Aristocrat stocks expected by analysts to rise up to 54% in 2023

Stocks of companies that raise dividends consistently have outperformed during this year’s bear market. Below is a screen showing which stocks are analysts’ favorites for next year among an expanded list of Dividend Aristocrats. That’s followed by a list of Aristocrats with the highest dividend yields. First, let’s define this group of stocks. Holding up …

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Confused about COVID boosters? Here’s what the science and the experts say about the new generation of shots.

As we head into the third winter of the pandemic, only about 13% of American adults — less than 11% of Americans overall — have received the bivalent COVID-19 booster. Only about 34 million adults in the US have opted to get the new shot, which became available in September. The bivalent boosters, which were …

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Retail sales jump in October in sign of US economic strength. Too much for the Fed?

The numbers: Sales at retailers jumped 1.3% in October, signaling US consumers are still spending plenty of money despite efforts by the Federal Reserve to slow the economy. Retail sales were forecast to rise 1.2% last month, according to economists polled by The Wall Street Journal. That’s the biggest increase in eight months. Receipts rose …

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Alibaba, Tencent, lead Hong Kong tech stocks higher after upbeat China online retail sales data

Shares of Chinese internet giants jumped in Hong Kong, after official data showed better-than-expected October retail sales in the world’s second-largest economy. Alibaba Group Holding Ltd. FATHER, +0.79% 9988, +11.05% jumped 9.8%, Kuaishou Technology 1024, +10.71% surged 8.7%, Tencent Holdings Ltd. 700, +10.51% rose 8.0% and Meituan 3690, +6.33% was up 5.8%. The Hang Seng …

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Markets are getting a wake-up call in 2023, says Morgan Stanley, which offers a plan for investors to get ready.

According to Fed Reserve Gov. Christopher Waller and several strategists, last week’s softer-than-expected October CPI that sent the S&P 500 to its best level in five months was overdone. His words may be getting through as stock futures point to a softer start as the last full week before Thanksgiving kicks off. We’ll also get …

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Alibaba, JD.com, Nio extend rally in Chinese stocks amid continued hope for relaxing COVID rules

US-listed shares of Chinese internet companies including Alibaba Group Holding Ltd. and Nio Inc. rally sharply Friday as hopeful sentiment continued to build that the country was planning to relax its strict COVID-19 policies. The Wall Street Journal reported Friday that Zeng Guang, formerly the chief scientist at the Chinese Center for Disease Control and …

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Amazon stock breaks long-term chart support, and the worst may still be to come

Amazon’s stock has tumbled enough over the past week to do real damage to its long-term chart — and enough to warn investors the worst may be yet to come. But amid the market turmoil and concerns over how inflation and fast-rising rates might hurt the e-commerce giant’s customer base in the coming months, there …

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Layoffs Hit Tech Sector With Force as Amazon, Lyft Warn of Economic Downturn

The outlook for tech industry jobs worsened on Thursday, with ride-hailing company Lyft Inch. LYFT -2.00% and payments company Stripe Inc. both announcing major layoffs and Amazon.com Inch. AMZN -3.06% saying it will freeze corporate hiring for months. The stream of grim news for the industry came as the Federal Reserve has moved again to …

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CVS, Walgreens to Pay More Than $10 Billion to Settle Opioid Lawsuits

CVS Health Corp. CVS 2.30% and Walgreens Boots Alliance Inch. WBA -1.24% have agreed to more than $10 billion in landmark settlement to resolve disputes brought by states, cities and other a share. The two drugstore chains said they a framework to settle collection of lawsuits brought by the largest and Native American tribes blazing …

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Amazon at risk of closing below $1 trillion valuation for the first time since 2020

The swift recent decline in Amazon.com Inc.’s stock could bring the company’s closing market value below $1 trillion for the first time in more than two years. Amazon shares AMZN, -5.52% are down 5.4% in midday action Tuesday and on track to close with a market value of $997 billion if those losses hold through …

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