Mortgage rates climb above 7% for the first time in 8 months
The 30-year mortgage rate inched up for the fifth week in a row, Freddie Mac says, making it more expensive to take on a ...
Shares of Goldman Sachs rise to a record high as Wall Street cheers strong Q4
Goldman Sachs Group Inc.'s stock was up 1.3% to $614 a share on Thursday, a record stock price for the investment bank, a day after its stronger-than-expected fourth-quarter profit. If the gains hold ...
Bessent says he'd support potential tougher sanctions to force Russia to the negotiating ...
Under questioning from Sen. Mark Warner, Democrat of Virginia, Bessent said he would support toughening the sanctions regime on Russia in an effort to bring the war in Ukraine to an end. If ...
Toronto Stocks Edge Higher; Richelieu Hardware Rises on 4Q Sales Beat
Richelieu Hardware's stock rose 1.9%, to 38.32 Canadian dollars (US$26.72) a share, after reporting strength in both its Canadian and U.S. markets helped drive sales higher than expected in the fourth ...
Burberry Group Received More Than 20% of Votes Against One Resolution at AGM
Dow Jones Newswires is a market-moving financial and business news source, used by wealth managers, institutional investors and fintech platforms around the world to identify trading and investing ...
Bessent defends tariffs in part by saying dollar will gain, but there's skepticism over that
When asked to defend Trump's tariff plans, Bessent said in part that the U.S. dollar could appreciate by 4% in response to a ...
Hopes for a peak in yields will face Trump and earnings tests next
Robust retail sales in December, helped by heavy discounting, and a rise in weekly jobless claims as wildfires ravaged California were a ...
‘I am afraid to push the system for an answer’: I’m a firefighter, 57, from Oklahoma ...
As you can probably guess, firefighters in same-sex relationships are not that common in Oklahoma and I am afraid the pension ...
Traders move closer to 50% chance of May rate cut after comments by Fed's Waller
Fed-funds futures traders inched closer to an almost 50% chance that the Federal Reserve will cut its benchmark interest rate by May, after Fed governor Christopher Waller told CNBC he sees a ...
Buckle up for more volatility after Trump's inauguration, says DWS
Investors should brace more volatility in Treasury yields with Monday's inauguration of President-elect Donald Trump, said George Catrambone, head of fixed of income Americas at DWS. "Watch the ...
Analog Devices, Coherent to Get Chips Act Funding
The Commerce Department on Friday said it signed preliminary memoranda of terms to provide up to $105 million in direct funding to Analog Devices and up to $79 million to Coherent under the Chips Act, ...
Big Tech ETF trades down as Tesla, Apple post sharp losses
Shares of an exchange-traded fund that holds Big Tech stocks was falling Thursday, as Tesla Inc. and Apple Inc. posted sharp losses in late morning trade. The Roundhill Magnificent Seven ETF was down ...