Fall

Convertible sales fall in U.S. amid popularity of EVs, SUVs

2024 Ford MustangSource: FordConvertibles — once a sign of open-air freedom, road trips and summer adventures — are fading away as the auto industry shifts to all-electric cars and more rugged sport utility vehicles.Sales of traditional drop-tops such as the Chevrolet Camaro and Ford Mustang, as well as roadsters such as the Mazda Miata, have …

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Stock futures fall as traders weigh another large rate hike from Federal Reserve

Brendan McDermid | ReutersU.S. stock futures fell on Thursday morning following a volatile session in the major averages as traders weighed another large rate hike from the Federal Reserve.Dow Jones Industrial Average futures declined by 109 points, or 0.36%. S&P 500 and Nasdaq 100 futures fell 0.56% and 0.79%, respectively.During the regular session on Wednesday, …

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Gold prices holding support above $1,675 as UofM inflation expectations fall to one-year low

Editor’s Note: With so much market volatility, stay on top of daily news! Get caught up in minutes with our speedy summary of today’s must-read news and expert opinions. Sign up here! (Kitco News) – The gold market is holding critical support at around $1,675 an ounce as consumer sentiment continues to improve …

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As gas prices fall, Americans are feeling better about the economy

After months of gloom, Americans are finally starting to feel better about the economy and more resigned to inflation.Consumer sentiment, which hit rock bottom in June, has begun inching up in recent weeks. Gas prices are down. Decades-high inflation appears to be easing. And at the same time, Americans are making small changes — buying …

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DOCU Stock Pops as DocuSign Earnings Fall But Top Estimates Amid Lowered Expectations

DocuSign (DOCU) reported July-quarter earnings and revenue that topped estimates amid lowered expectations. The company’s outlook came in mixed, but DOCU stock surged on the news. X The San Francisco-based software maker reported earnings after the market close on Thursday. DocuSign earnings for its fiscal second quarter came in at 44 cents a share, down …

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