Bond market gets a Fed wake-up call after pricing in a recession
Long-term yields rose even though the Federal Reserve took a big bite out of interest rates on Wednesday. Here’s why.
Homeowners scramble to refinance as U.S. mortgage rates hit two-year lows
A then–newly purchased house in Chicago’s Lincoln Park neighborhood undergoes renovation in 2022. A big drop in mortgage ...
Stock Market Today: Dow climbs 100 points after Fed's historic rate cut of 50 basis points
U.S. stocks rose after the Federal Reserve lowered its benchmark interest rates by 50 basis points to a range of 4.75% to 5%.
History says Fed interest-rate cut sets up ‘crapshoot’ for stock-market investors
A decent rule of thumb is to watch the next two weeks after a first Federal Reserve interest-rate cut, says Jason Goepfert, ...
Musk’s X skirts Brazil ban and returns to some users with change to server access
Some Brazilian users regained access to X on Wednesday despite a nationwide ban put in place by the country’s Supreme Court, ...
Ship owner cut corners on repairs before deadly Baltimore bridge collapse, U.S. says in $100 million lawsuit
The owner and manager of the cargo ship that caused the deadly Baltimore bridge collapse recklessly cut corners and ignored ...
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 ...
Sean ‘Diddy’ Combs will stay in jail after bail is denied for a second time
Sean “Diddy” Combs is staying locked up after a judge Wednesday rejected the hip-hop mogul’s proposal that he await ...
Close Brothers Operating Profit Rises, Sells Wealth-Management Business for $264 Million
Close Brothers said operating pretax profit jumped in fiscal 2024, mainly on a fall in one-off charges and a increase in its loan book, and that it had sold its wealth-management business for around ...
Long-term LNG Sales in China: TotalEnergies Will Supply 1.25 Million Tons Per Year to CNOOC until 2034
In line with its strategy to grow its long-term liquefied natural gas (LNG) sales, TotalEnergies (Paris:TTE) (LSE:TTE) (NYSE:TTE) announces a 5-year extension of its sales and purchase agreement (SPA) ...
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Alaska Airlines completes acquisition of Hawaiian Air, which will remain a separate brand
SEATTLE — Alaska Airlines closed its $1 billion purchase of Hawaiian Airlines on Wednesday, a day after the federal ...