Pinnacle Bank News
Rotation Rolls into Defensive Stocks in Market Rebound
Techs fared pretty well, but telecoms, utilities, drugs and financials were where the real action was.
Fed Inflation Gauge Eases To 4.4% In December As Spending Slumps
Personal spending fell most than expected in December, according to data from the Fed's preferred inflation gauge, helping price pressure ease over the final month of the year.
Hasbro Stock Slumps As Toymaker Cuts Jobs, Expects Weak Holiday Revenues
"While the full-year 2022, and particularly the fourth quarter, represented a challenging moment for Hasbro, we are confident in our Blueprint 2.0 strategy," said CEO Chris Cocks.
Look: Audi Unveiled a Sleek New Concept Car That Doubles As a Coupe and a Pickup Truck
...it's actually good-looking.