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Chip stocks jump as Strait of Hormuz reopens

Memory and storage chip companies surged on Monday, June 15, after the United States and Iran announced a peace agreement that will reopen the Strait of Hormuz. The rally didn’t come about because the AI… 

Morgan Stanley drops stark warning about Warsh’s Fed

Investors should expect a leaner, quieterFederal Reserve coming up very soon. That’s Morgan Stanley’s forecast for Kevin Warsh’s debut as Chair of the Federal Reserve which includes a warning to Wall Street about the central… 

Popular discount retailer gets rid of key store section

Discount retailers are in a difficult position.  Many shoppers are still looking for low prices and quick deals, but that does not mean every discount chain is winning. Dollar Tree’s long struggle since its acquisition…