Articles

Stocks see best ‘Fed day’ rally since July, thanks to a ‘nonchalant’ Powell performance

Federal Reserve Chair Jerome Powell’s nuanced take on the economic outlook helped lift stocks on Wednesday.

Five Below’s first-quarter outlook is more upbeat than its full-year one

Teen-focused discount retailer Five Below Inc. on Wednesday offered up a mixed full-year forecast, but expectations for the year’s first quarter were a bit more upbeat.

The Fed’s interest-rate pause has a silver lining for worried Americans — if they make this move

Consumers are increasingly concerned about their jobs and their access to credit as recession fears loom.

The SEC has disarmed. Now it’s time for crypto to ‘deliver on its promises.’

The crypto industry continues to rack up wins in Washington, with Ripple Labs CEO Brad Garlinghouse announcing on X on Wednesday that the Securities and Exchange Commission will drop its appeal of a lawsuit brought against it.

Americans get a bigger tax break for buying an EV than for raising children. ‘What in the world are we doing?’

An examination of how the tax code treats different households shows that working families get far less support than some other taxpayers.

How Trump’s talk with Putin about Ukraine involves this top U.S. industry

Trump wants Europe to buy more of America’s liquified natural gas. But tariffs get in the way.

Fed sticks with projection of two interest-rate cuts this year despite growing uncertainty about the outlook

The Fed was upbeat about the economy in its statement, saying growth was solid, but the details of their individual forecasts show more worries about both higher inflation and a slowing economy.

Run to the hills! Iron Maiden’s famed tour plane cut up into collectible key chains.

The heavy-metal band found a new way to cash in on its fame — by selling scraps of its Boeing 747 tour plane, “Ed Force One,” as memorabilia.

Some home buyers are hoping for a recession to bring down housing prices. Are they right?

More than a third of Americans said they want the housing market to crash because they think it would lower home prices and property taxes.

Social Security is tightening its antifraud measures. What will it cost beneficiaries?

The changes “will result in more headaches and longer wait times to resolve routine customer service needs,” the AARP cautions.

Here’s who should be buying Tesla’s stock right now, and why, says analyst

Tesla shares have lost more than half their value in a span of just three months, and Cantor Fitzgerald now believes there’s 80% upside.

Discount retailer Ollie’s adds Big Lots stores, as a luxury-goods seller retreats from malls

Retailers have responded to a long period of inflation with a renewed emphasis on value over less-essential products, such as diamond rings.
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