Best Buy Co Inc’s post-pandemic slowdown has officially begun. And unfortunately for its investors, there are clear signs the electronics retailer’s troubles might just be getting started. The company reported revenue of $11.91 billion for the quarter ended in October, slightly above the $11.69 billion median estimate of analysts surveyed by Bloomberg, and roughly flat compared with last year. Revenue ...

It’s hard to follow the news without encountering scary-sounding reports about inflation. They’re often based on broad inflation measures like the consumer price index, which has risen 5% or more year over year for six consecutive months since May, the longest such streak since the early 1990s. The implication, if not the explicit message, is that the cost of everything ...

The credit markets are no place for discerning investors these days. US junk bond and leveraged loan sales have surpassed $1 trillion in 2021, an unprecedented amount for a calendar year. Loan funds have experienced inflows during all but two weeks this year, bringing the S&P/LSTA Leveraged Loan Price Index close to an all-time high, and year-to-date issuance of collateralised-loan ...