Articles

Oil consolidates after wiping out 2024 gains on growth fears, possible Libya deal

Oil futures rose modestly Wednesday, stabilizing a day after weak U.S. manufacturing data triggered a widespread selloff.

Beware of Big Tech grabbing control of its own AI regulation

Despite unwillingness to police itself, tech giants want to create rules governing digital transformation and artificial intelligence.

Home buyers wade back into housing market as mortgage rates fall for fifth week in a row

Mortgage applications rose 1.6% in the last week, the Mortgage Bankers Association said.

U.S. Steel may could leave Pittsburgh if Nippon deal gets scrapped: Wall Street Journal

Chief Executive David Burritt says U.S. Steel needs $3 billion in upgrades to compete.

Hormel Foods’ earnings dinged by continued pressure on whole-bird turkey prices

Austin, Minn.-based Hormel has been beset by lower prices for whole bird turkeys this year, as well as a production interruption at a Planters facility in Virginia and lower center-store and contract manufacturing volumes.

In an increasingly manic market, this slow-and-steady fund has broken out

A fund focusing on low volatility stocks actually recorded a record high.

Sanergy Group shares rebound as firm blames ‘forced sale’ for 98% slump

The Hong Kong listed company saw its stock price slump 98% on Tuesday. Sanergy Group shares have now increased 78% after the Chinese company said a ‘forced sale’ had driven the plunge in its stock.

Former Fed official says investors can get distracted by ‘bouncing ball’ of economic data

It’s been a difficult month for anyone trying to trade economic data releases. One policymaker says investors may be putting too much emphasis on them.

‘My husband has a tenant from hell — and he’s bleeding me dry’: I paid for a new fridge and plumbing with my credit card. Am I being used?

“The tenant wants a million things fixed. I could go on, but my husband does not have the money to do the repairs.”

NFL Hall of Famer Jonathan Ogden lists his country club megamansion in Las Vegas for $3.8 million

Baltimore Ravens legend Jonathan Ogden is leaving Las Vegas—and hoping to score some serious cash on his way out.

Super Bowl champ Drew Brees is auctioning off an amazing Montana A-frame built on reality show ‘Treehouse Masters’

The Super Bowl champ and NFL legend is a fan of the show, and had the deluxe 4-bedroom dwelling built on a “dream property” in Whitefish, Mont.

Nvidia’s top spot on the S&P 500 might not be a good thing, JP Morgan says

Market leaders of previous decades have seen their market capitalizations fall after becoming the most valuable companies listed on the S&P 500, JP Morgan’s analysts said
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