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McDonald’s set up well for 2024 with catalysts ahead, says Wells Fargo

McDonald’s Corp., which reported better-than-expected third-quarter results before market open Monday, is well positioned for 2024, according to Wells Fargo. “Catalysts are coming,” Wells

October 30, 2023

Investment

Treasury cuts its fourth-quarter borrowing estimate

Corrects total borrowing to $776 billion The Treasury Department said Monday it expects to borrow $776 billion in the fourth quarter, which is $76

October 30, 2023

Economy

Student-loan servicer MOHELA failed to send 2.5 million borrowers timely billing statements, feds say

One of the government’s student loan servicers failed to send timely billing statements to roughly 2.5 million borrowers, pushing more than 800,000 into delinquency,

October 30, 2023

Finance

Russia hikes rates to higher-than-expected 15% as budget pressure tells

By Alexander Marrow, Elena Fabrichnaya and Vladimir Soldatkin MOSCOW (Reuters) -The Bank of Russia hiked interest rates by a higher than expected 200 basis

October 30, 2023

Economy

Waiting For Fintech – The Moment At Money2020

This year’s Money20/20 just wrapped up. The mood was palpably different than in years past. Certainly not somber, but neither was it ebullient. It

October 30, 2023

Tech

3 Buffett-Munger Homebuilders To Consider For Final Months Of 2023

These high-quality companies are trading at a discount Summary While the gurus do not own these stocks currently, they have some of the characteristics

October 30, 2023

Investment

ServiceNow Beats, Raises, And Aims At $1 Trillion Generative AI Opportunity

Investors usually reward companies for exceeding quarterly performance expectations and raising their forecasts. When a company does that and adds to its revenues by

October 30, 2023

Markets

Social Security payments could be cut over student loan default

As millions of student borrowers prepare to make their first student loan payments in three years, some of those who’ve been making payments for

October 30, 2023

Finance

UK confirms plans to regulate crypto industry with formal legislation

The U.K. government on Monday confirmed plans to regulate the cryptocurrency industry, announcing in a consultation paper that it will look to bring in

October 30, 2023

News