Trump threatens credit-card interest caps, but smart money still views him as boon for banks
The analyst community isn’t taking the former president’s proposal too seriously, and is instead looking at Trump’s ...
‘It’s a great honor’: Trump cheers Teamsters union’s nonendorsement
Union says neither Kamala Harris nor Donald Trump had satisfied its conditions for a formal endorsement. Several state and ...
Bond spreads for ‘Magnificent Seven’ tighten as investors celebrate interest-rate cut
Bonds issued by the so-called Magnificent Seven group of big tech companies perked up Thursday, after the Federal Reserve ...
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Nvidia’s stock is surging. Here’s how it tends to perform after interest-rate cuts.
Chip stocks including Nvidia Corp.’s are among the leading S&P 500 gainers Thursday, on a strong day for technology names and ...
Olive Garden parent Darden’s earnings hit by ‘significant’ drop in traffic in July, but stock gains on Uber delivery tie-up
Darden Restaurants Inc.’s stock rose 7% Thursday, after the parent to Olive Garden, LongHorn Steakhouse and other restaurant ...
How low could mortgage rates go now that the Fed has finally started cutting? Economists weigh in.
The Federal Reserve announced Wednesday that it was cutting interest rates for the first time in four years. How far will ...
Jobless claims fall to lowest level since May
The number of Americans who applied for unemployment benefits last week fell to the lowest level since mid-May.
Politico owner Axel Springer strikes $15 billion deal with KKR to split off media business
Politico owner Axel Springer has reached an agreement with its top shareholder KKR to separate its portfolio of media assets ...