Articles

Fed plans to keep interest rates high through the spring — no doubt about it

Top Federal Reserve officials are entirely in lip-sync these days about keeping a key short-term interest rate at a 23-year high, at least through the spring. They don’t see the need to cut rates any time soon.

Intuitive Machines’ stock sinks 32% after Odysseus moon lander falls on its side

Intuitive Machines’ stock fell more than 30% after hours Friday after the space-exploration company said that its Odysseus moon lander had fallen on its side while landing near the moon’s south pole, hampering its communications with Earth.

A growing number of stocks are joining the market rally — even as Big Tech still gets the most attention

Nvidia’s blockbuster earnings report helped all 11 of the S&P 500’s sectors finish the week in the green for the first time this year.

H&R Block’s online tax prep tricked customers into paying more money, FTC alleges

H&R Block made it too hard for taxpayers to opt out of pricier tax-preparation plans and tricked customers about what types of taxes could be done for free, according to allegations in a new complaint by federal regulators.

Why Jamie Dimon’s sale of $150 million in JPMorgan’s stock could be reason for caution

JPMorgan Chase & Co. CEO Jamie Dimon dumped $150 million in the company’s stock Thursday in his first-ever sale, a recent filing shows. He had previously indicated an intent to unload stock.

Nvidia is now worth more than the GDP of every country except these 11

The chip maker has greater value than the economies of countries including Russia, South Korea and Australia.

Inside the crypto industry’s plan to vanquish the SEC at the Supreme Court

A coalition of crypto entrepreneurs filed a lawsuit in Texas this week that could force the Supreme Court to take up the all-important question of whether the Securities and Exchange Commission has the authority to regulate most digital assets.

Nvidia is the ‘Magnificent 1’ now — but these rivals are closing in

The competition is real, and it’s coming for Nvidia’s growth and stock price.

Live Nation wants to price more concert tickets based on demand and add more VIP options

After a massive two-year rebound in concerts, Ticketmaster parent company Live Nation Entertainment Inc. is hoping to keep the momentum going for its top and bottom lines — in part via efforts to upsell customers on premium-tier offerings and to price tickets based more directly on concertgoer demand.

The scourge of fine print: Even Donald Trump’s new line of sneakers comes with caveats.

Purple, a WiFi provider, once put a joke clause into its terms and conditions, stating that new users agreed to 1,000 hours of community service.

Inflation should slow enough to spur interest-rate cuts ‘later this year,’ Fed’s Williams says

Inflation is likely to slow toward 2% and pave the way for reductions in U.S. interest rates “later this year,” the president of the New York Federal Reserve Bank said this week.

Cannabis stocks rise as Germany takes ‘first big step’ toward broader legalization in Europe 

Curaleaf Holdings Inc. Executive Chairman Boris Jordan and other cannabis executives on Friday praised Germany’s removal of cannabis from a list of narcotics as a potential boost to the marijuana business, as stocks in the sector rose.
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