Lucid Group Inc. stock got a buy rating from analysts at Bank of America, who on Wednesday said Lucid is the “Tesla/Ferrari” of electric vehicles and is taking advantage of lessons learned by the other two luxury auto makers.

The analysts, led by John Murphy, praised Lucid’s LCID,

The numbers: The Philadelphia Federal Reserve’s business activity index rose to 30.7 in September from 19.4 in August, snapping a four-month streak of declines, the regional bank said Thursday.

Economists polled by the Wall Street Journal expected an 18.9 reading. Any reading above zero indicates expansion in the manufacturing sector.

U.S. stock benchmarks were mixed Thursday morning, with the Dow industrials posting modest gains while the broader market was under pressure, after August retail sales showed an unexpected rise and a measure of activity in the Philadelphia Federal Reserve district came in stronger than expected. The Dow Jones Industrial Average DJIA,

As someone who’s been working in the recruiting and talent acquisition industry for two decades, Dustin Mazanowski knows how important it is for job candidates to have “key words” on their profiles and resumes that quickly distinguish them from the pack.

That’s why he has “#vaccinated” in his LinkedIn profile.

The numbers: Applications for U.S. unemployment benefits rose in early September one week after falling to a pandemic low, but the increase partly stemmed from Hurricane Ida and is likely to prove temporary.

Initial jobless benefit claims rose 20,000 to 332,000 in the week ended Sept. 11, the government said Thursday. Economists polled by The Wall Street Journal had estimated new claims would total 318,000.

The numbers: Sales at U.S. retail stores rose sharply in August in sign that Americans continued to spends gobs of money despite the spread of delta, though high inflation likely accounted for some of the increase.

Retail sales increased 0.7% last month, the government said Thursday. Economists polled by The Wall Street Journal had forecast a 0.7% drop.

Goldman Sachs Group has created an exchange-traded fund targeting the next generation of technology companies that will lead innovation, hunting globally for returns beyond the most popular names in Big Tech. 

The actively managed Goldman Sachs Future Tech Leaders Equity ETF will invest in listed companies with a market value of less than $100 billion, steering away from U.S. megacap tech stocks, according to a statement from Goldman GS,

Below average: Top trims are nearly $20,000 higher.

Consensus: A brand new crossover EV, the 2022 Ford Mustang Mach-E offers loads of practicality and space, a maximum range of 300 miles, and the choice of rear- or all-wheel drive.

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, the global benchmark, declined 51 cents, or 0.7%, to $74.95 a barrel on ICE Futures Europe. Brent and WTI ended Wednesday at their highest since July 30, based on front-month contracts, according to Dow Jones Market Data.

Gold futures headed for back-to-back losses on Thursday and potentially the sharpest decline in bullion in over a week as the U.S. dollar popped higher.

Investors also note that prices for precious metals are expected to be choppy as investors await clarity from the U.S. Federal Reserve next week on its plans for tapering bond purchases that provided liquidity to markets during the worst of the pandemic back in the spring of 2020.

announced Thursday plans to expand distribution of its Topo Chico Hard Seltzer nationwide, starting January 2022. Topo Chico had previously been distributed in nine states and seven metro areas. "We have loved to see the positive response from fans to the regional launch of Topo Chico Hard Seltzer from Molson Coors over the past several months," said Dan White, chief of new revenue streams, Coca-Cola North America operating unit. Topo Chico Hard Seltzer, inspired by Topo Chico Mineral Water, comes in four-flavor variety packs, including Strawberry Guava, Tangy Lemon Lime, Exotic Pineapple and Tropical Mango, as well as 24 ounce and 16 ounce singles. Molson has partnered with Coca-Cola Co. KO,

Treasury traders continue to look to the flow of U.S. economic data for clues to when the Federal Reserve will begin scaling back its monthly asset purchases and, beyond that, begin raising interest rates.

shares rose 6% as the airline said it expects to reach 225 million annual travelers by 2026, above its previous target of 200 million. Ryanair CEO Michael O’Leary said the performance of its Boeing BA,

Imagine being an early investor to Apple, or Amazon.com, and sitting on a fortune. Ahhh.

But a failure to identify future technology right now could mean missing out on the next big thing, says our call of the day from a team of Bank of America strategists led by Haim Israel, which highlights 14 potentially lucrative new technologies that represent a $330 billion market now that could be worth $6 trillion by the next decade.

My daughter and son-in-law want me to live with them. I am 75 and widowed; they are around 50. My daughter wants to build a home with two master suites. I have more than enough money for a down payment. They have excellent incomes. They would not want me to pay rent. I pay over $1,700 rent where I live now, and have no ties to keep me here. I keep to myself and am happy alone. They both work full time. I love them and would stay out of their way.

Latinos in Hollywood’s top-grossing films continue to face an “epidemic of invisibility,” underrepresentation compared to their share of the population, and portrayals often steeped in stereotypes, a new report says.

Hispanic/Latino actors made up just 5% of speaking or named characters in 1,300 popular movies released between 2007 and 2019, according to the report by the University of Southern California’s Annenberg Inclusion Initiative published Wednesday. In 2019, Hispanic/Latino actors were just 5.9% of all speaking or named characters.

Pharmaceutical group Moderna said a study of breakthrough COVID-19 cases among vaccinated individuals supports the need for a booster shot. In a news release on Wednesday, Moderna identified 88 breakthrough COVID cases among 11,431 people vaccinated between December 2020 and March 2021, but 162 cases in the group who got their shots between July and October of last year. The vaccine maker also noted a lower incidence of severe cases among those recently vaccinated. "This is only one estimate, but we do believe this means as you look toward the fall and winter, at minimum we expect the estimated impact of waning immunity would be 600,000 additional cases of COVID-19," said Moderna President Stephen Hoge on a news conference. Loading history... Barbara Kollmeyer:147298017-full-frame-close-up-on-a-waving-basque-flag-ikurrina-in-3d-rendering-: 3:54 PM https://mw.prod.pubedit.dowjones.io/wp-admin/post.php?post=407551&action=edit 3:54 i'll grab london :heavy_check_mark: 1 Steven...

There’s a big slate of economic data due at 8:30 a.m. Eastern, including the retail sales report, which is expected to show a 0.7% decline for August, after a 1.1% drop in July.

Tom Porcelli, chief U.S. economist at RBC Capital Markets, said the report does a better job of capturing goods spending than services. “The consumer is in very fine shape from a balance sheet perspective; thus, they have the means to drive spending,” he said.

Weekly jobless claims, and the Philadelphia Fed manufacturing index, also are slated for release.

The debate over the need for booster shots continues, with the Food and Drug Administration saying the currently administered vaccines provide sufficient protection against severe disease and death, while vaccine maker Moderna MRNA,

After Proposition 22 passed in California last year, gig companies vowed to try to expand what they call an independent contractor-plus model everywhere else.

But a recent California superior court ruling that Proposition 22, the most expensive ballot measure in state history, is unconstitutional and unenforceable may put a wrinkle in the plans of Uber Technologies Inc. UBER, Lyft Inc. LYFT, DoorDash Inc. DASH and others. Or so their opponents hope.

“The...

It may as well have been a remake of “The Grifters.”

An indie film producer has been sentenced to 13 years in prison for running a scam that took more than $60 million from investors looking to finance movies and Broadway shows and used it to buy fancy cars, designer clothes and flights on private jets.

In the run up to next week’s Federal Reserve policy meeting, the timing of future interest rate hikes is drawing the attention of bond traders and analysts.

While the anticipated tapering of the Fed’s bond purchases this year has dominated much of the discussion so far, it’s the interest-rate outlook from the Fed that is likely to provide new information and may be market-moving.

For...