Stellantis files federal lawsuit against UAW union over strike threats
Stellantis is suing the United Auto Workers, escalating a monthslong battle between the trans-Atlantic automaker and American union, CNBC has learned.
Mortgage rates spike after stronger-than-expected jobs report
The average rate on the 30-year fixed mortgage is now 6.53% according to Mortgage News Daily.
Fed close to pulling off the elusive economic soft landing in 2024 after great September jobs report
If this sounds like a Goldilocks scenario, it's probably not far from it, even with the lingering inflation concerns.
Gold edges higher, on track for post a modest weekly rise
Gold futures edged higher on Friday, with strength in the U.S. dollar following a stronger-than-expected September jobs report keeping gains in check.
U.S. stock market has ‘never been healthier’ according to this key measure
A lot has changed in the U.S. stock market over the past three months, but one of the most notable developments is the dramatic improvement...
Home prices need to fall by 28% to make housing affordable again, economist says
Home prices have continued to rise through the years to new heights, even as mortgage rates shot back up from rock-bottom levels.
GM halts production at two major U.S. plants due to Hurricane Helene
In a message to workers, GM said the company was working with impacted suppliers "to resume operations as quickly and safely as possible."
Applebee’s parent’s stock slides 5% after Truist downgrades on worry about slowing sales
‘Potentially severe Applebee’s same-store sales underperformance vs. peers (based on Truist Card Data) shakes our confidence that improving same-store sales will be a near-term catalyst...
JPMorgan, Wells Fargo to kick off bank earnings parade as Wall Street weighs lower interest rates
JPMorgan Chase & Co. and Wells Fargo & Co. kick off third-quarter earnings season this coming Friday, as Wall Street looks for fresh clues on...