Fed’s Musalem says going slow on interest-rate cuts makes sense
Cutting interest rates at a gradual pace seems to make sense given where the economy is today, St. Louis Fed President Alberto Musalem said Monday.
FTX to fully repay investors after bankruptcy plan receives judge approval
FTX to repay 98% of its users around 119% of their claim value Distributions will be made to creditors across more than 200 jurisdictions FTX...
Mobileye’s stock is down 70% this year — and J.P. Morgan says it’s not done falling
Four of 30 analysts are now bearish on the self-driving-technology stock, and the latest one sees about 20% further downside.
The stock market’s response to geopolitical tension hasn’t followed the old script. Here’s why.
Despite widening geopolitical conflict, U.S. stocks have moved relentlessly higher to log multiple records this year.
S&P 500’s financial stocks near ‘summer highs’ ahead of bank earnings this week
Stocks in the financial sector are faring better than the S&P 500 so far this month, as investors await quarterly earnings from big banks to...
As Netflix’s earnings draw nearer, its stock is getting a bit more controversial
Two analysts took a stronger stance on Netflix shares Monday — with one adopting a bullish view and another making a bearish call.
U.S. credit-card debt declines for second time in past three months, signaling plateau in borrowing
Consumer credit rose $8.9 billion in August, after surging a revised $26.6 billion in July, the Federal Reserve said Monday.
Infinex integrates Wormhole to power multi-chain DeFi app
Infinex is integrating Wormhole Connect for multi-chain in-app token transfers for its users. The DeFi platform will also use Wormhole Queries to bolster security and...
Why Trump’s tariffs would hit poor and middle-class Americans hardest
A new report estimates middle-class families would pay an extra $3,370 per year for imported goods.