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Categories Editor's Pick

Dow tumbles more than 600 points after weak jobs report

Author August 5, 2024

Stocks tumbled for the second-straight day Friday as a weaker-than-expected jobs report and a dismal forecast from Amazon added to investor fears

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Categories Editor's Pick

Warren Buffett’s Berkshire Hathaway sold nearly half its stake in Apple

Author August 5, 2024

Warren Buffett’s Berkshire Hathaway dumped nearly half of its gigantic Apple stake last quarter in a surprising move for the famously long-term-focused investor. The Omaha-based conglomerate disclosed

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Categories Editor's Pick

Mortgage rates plunge to the lowest level in over a year after weak employment report

Author August 5, 2024

The average rate on the popular 30-year fixed mortgage dropped 22 basis points to 6.4% Friday, according to Mortgage News Daily. That is the

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Categories Editor's Pick

U.S. unemployment rate ticks up to 4.3% amid signs of broader economic slowdown

Author August 5, 2024

The U.S. unemployment rate rose to 4.3% in July and hiring slowed, adding to signs of a broader downturn in what has

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Categories Editor's Pick

Delta CEO offers employees free flights after CrowdStrike-Microsoft chaos

Author August 5, 2024

Delta Air Lines CEO Ed Bastian on Friday offered employees two free travel passes to thank staff members who were caught in massive disruptions last

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Categories Editor's Pick

DJT shares jump after Trump Media rolls out TV streaming plan

Author August 4, 2024

Trump Media said Friday it has started rolling out a TV streaming service that aims to air “neglected” content on its social media platform Truth Social. The company’s stock

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Categories Editor's Pick

Intel shares plunge 28%, dragging down global chip stocks

Author August 2, 2024

Global semiconductor stocks fell Friday after a lackluster set of results from U.S. chip firm Intel sent its shares cratering, and a

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Categories Editor's Pick

Federal judge overturns $4.7 billion jury verdict in ‘Sunday Ticket’ lawsuit, ruling for NFL

Author August 2, 2024

LOS ANGELES — A federal judge has overturned a jury’s $4.7 billion verdict in the class-action lawsuit filed by “Sunday Ticket” subscribers

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Categories Editor's Pick

Dow closes nearly 500 points lower Thursday as investors’ recession fears awaken

Author August 2, 2024

Stocks sold off Thursday, with the Dow Jones Industrial Average tumbling nearly 500 points, as investors’ fears over a recession surfaced. The Dow dropped 494

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Categories Editor's Pick

Markets are clamoring for the Fed to start cutting soon: ‘What is it they’re looking for?’

Author August 2, 2024

If the Federal Reserve is starting to set the table for interest rate reductions, some parts of the market are getting impatient

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