Stocks Sense Trouble, Even Though the Economy Is Strong
Hostilities abroad, political dysfunction at home. For the stock market, all of that takes a back seat to interest rates. The major U.S. stock
Rite Aid is closing these 154 stores as part of its bankruptcy
Rite Aid plans to shutter 154 stores, many of them in Pennsylvania and California, as part of its bankruptcy plans, according to an initial
U.S. mortgage rates near 8%, rising for the sixth week in a row
U.S. mortgage rates rose for the sixth week in a row amid worries over another potential interest-rate hike by the U.S. Federal Reserve. The
U.S. home sales fell in September to the lowest level since the Great Recession
The numbers: Home sales in September fell to the lowest level since 2010, as high mortgage rates continue to hammer the housing market. Aside
US manufacturing output rises solidly in September
WASHINGTON (Reuters) – Production at U.S. factories increased more than expected in September despite strikes in the automobile industry curbing motor vehicle output, further
Evergrande & Sunac Restructure With Country Garden On Deck
Week in Review China’s better-than-expected economic release this week failed to lift markets as most Asian equity markets closed lower on the week. The
All Four Recent Blockbuster Debuts Are Now Trading Below Debut Price
Topline Shares of automated marketing firm Klaviyo closed below their initial public offering price for the first time in the stock’s brief history, becoming
Regional bank shares slump as lenders warn of more pain from higher interest rates
Stock Chart IconStock chart icon Regional banks selling off Regions Financial, a Birmingham, Alabama-based lender, posted a 6.5% decline in net interest income compared
Prosecutors in Bankman-Fried trial compare defense argument to ‘Dumb and Dumber’
Prosecutors in the criminal trial against FTX founder Sam Bankman-Fried compared one of the defense’s arguments to a scene in the 1994 film “Dumb
Why the housing market is going from tough to terrible
Mortgage rates are nearing 8%. Prices have climbed for the past three months straight. And there were fewer homes on the market in September
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