Articles

The strategy of funding tax cuts with debt may no longer be feasible.

In spite of mortgage rates exceeding 7%, prospective home buyers face intense bidding wars over a small pool of homes listed for sale.

Buy signals are appearing, but an oversold bounce can’t be ruled out.

“They were always thick as thieves, and we were never what you would call close, but I never would have suspected them of this.”

Otto Rich said morale has been crushed by recent layoffs and harmony is out of balance.

Students heading to college this year could wind up paying more for their schooling than those in the recent past. That’s because federal student loan interest rates are set to be the highest they’ve been in more than a decade.

The Department of Transportation and the Consumer Financial Protection Bureau are exploring possible regulation of the credit-card rewards system and the frequent-flier programs linked to them, officials said at a joint hearing held by the DOT and CFPB on Thursday.

Shares of Norfolk Southern Corp. are down 3.2% Thursday after a preliminary count of shareholder votes indicated a split decision in the keenly-fought battle for control of the company’s board.

The 30-year mortgage rate is averaging 7.09% Freddie Mac said in its latest weekly survey on Thursday.

Shares of Cronos Group Inc. traded sharply higher Thursday after the cannabis company, citing strength in flower sales, reported first-quarter revenue that rose to a record and beat expectations.

COVID-19’s impact on retirement expectations could affect the labor market in years to come, the New York Fed says.

Oil futures traded higher Thursday, building on a bounce seen after data the previous session showed a drop in crude inventories.