Arm’s stock suffers its worst day on record as AI euphoria cools

Cronos’s stock leaps as strong cannabis-flower sales lead to record revenue

Shares of Cronos Group Inc. traded sharply higher Thursday after the cannabis company, citing strength in flower sales, reported first-quarter...

May 9, 2024

Mortgage rates inch down but stay over 7%, with home-buying sentiment at a record low

The 30-year mortgage rate is averaging 7.09% Freddie Mac said in its latest weekly survey on Thursday.

May 9, 2024

Norfolk Southern shares down 3.2% after shareholders’ split decision in board battle

Shares of Norfolk Southern Corp. are down 3.2% Thursday after a preliminary count of shareholder votes indicated a split decision...

May 9, 2024

The feds are scrutinizing credit-card rewards. That could help frequent fliers get more out of their miles.

The Department of Transportation and the Consumer Financial Protection Bureau are exploring possible regulation of the credit-card rewards system and...

May 9, 2024

Federal student loan interest rates set to be highest in more than a decade

Students heading to college this year could wind up paying more for their schooling than those in the recent past....

May 9, 2024

Tesla’s head of product launches quits after seven years—and takes a swipe at Elon Musk on his way out the door

Otto Rich said morale has been crushed by recent layoffs and harmony is out of balance.

May 9, 2024

Arm’s stock suffers its worst day on record as AI euphoria cools

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