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Money & Business
New car down payments hit 4-year low as buyers struggle with affordability challenges
Car shoppers are facing affordability challenges in the market for new vehicles
What the Fed’s first rate cut of the year means for your wallet
The Federal Reserve on Wednesday cut its benchmark interest rate by 25
Gemini co-founders tout ‘golden age of innovation’ amid Trump’s pro-crypto policies
Two major leaders in cryptocurrency are excited about the future of Bitcoin
Klarna shares jump in trading debut
Shares of buy now, pay later company Klarna rose more than 30%
Think tank president urges Gen Z to consider trades over college in tough job market
Terry Schilling, president of the American Principles Project, is encouraging Gen Zers
‘Buy now, pay later’ services are dangerous trap for young Americans, financial expert warns
“Buy now, pay later” plans are rapidly growing in popularity among young
Young Americans drowning in credit card debt as delinquency rates climb near 10% in Q2
Young Americans continued to make up the largest share of those transitioning
Student loan delinquency rates highest in 21 years as COVID moratorium fades away
The Federal Reserve Bank of New York on Tuesday reported a significant
Latest
HSBC to launch storage services for tokenized securities as more big banks warm to blockchain
HSBC on Wednesday announced it will offer custody services for tokenized securities, making the British bank the latest major institution to embrace digital assets.
Stocks making the biggest moves premarket: Rivian, Warner Bros., Lyft and more
Check out the companies making headlines before the bell. Rivian Automotive — The EV maker popped 8.8% in early Wednesday trading after increasing its
Facebook and Instagram will require political advertisers to disclose AI deepfakes
Meta, parent company of Instagram and Facebook, will require political advertisers around the world to disclose any use of artificial intelligence in their ads,
Brookfield Infrastructure Partners: No Good Reason To Bother With It (NYSE:BIP)
The discussion of the recent short report on Brookfield Infrastructure Partners (NYSE:BIP) has largely subsided and the price of BIP units has recovered. The
Democratic Gov. Andy Beshear will win second term in Kentucky, CNN projects
Democratic Gov. Andy Beshear will win reelection to a second term in Kentucky, CNN projects, defeating Republican Daniel Cameron in a deep-red state that
Virgin Galactic to Cut Jobs. Interest Rates, Geopolitical Unrest Are a Problem.
Virgin Galactic said it would cut jobs and expenses to focus on producing its lower-cost Delta spaceships. CEO Michael Colglazier said in a memo
U.S. oil prices settle below $80 a barrel as China data spotlights demand prospects
Oil futures declined sharply Tuesday, with U.S. prices settling below $80 a barrel, at their lowest since July, after China data highlighted demand concerns.
Mortgage rates register sharpest drop in over a year amid signs of a weakening U.S. economy
The numbers: Mortgage demand rose as rates fell sharply on the back of signs of a weakening U.S. economy. Mortgage rates fell by 25
Fed’s Cook says rising yields not tied to monetary policy outlook
By Howard Schneider WASHINGTON (Reuters) – The recent rise in long-term U.S. bond yields does not seem to have been driven by investor expectations
What’s Next For Norfolk Southern Stock After A 21% Fall This Year?
Norfolk Southern NSC (NYSE: NSC) reported its Q3 results last month, with revenues meeting but earnings missing the street estimates. The company reported revenue
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