Articles

It’s a way of indulging without overindulging, said Whole Foods CEO Jason Buechel

After getting close to a more than $4 billion all-cash deal over the weekend, jet maker Boeing Co. is now proposing using stock to buy jet-parts manufacturer Spirit AeroSystems Holdings Inc., the Wall Street Journal reported on Monday.

A major initiative by the Biden administration to lower student-loan payments and provide debt cancellation to more borrowers is in jeopardy after two courts temporarily blocked parts of the plan.

The company, home to brands such as CBS, MTV, Nickelodeon and the Paramount film studio, said the new price will go into effect Aug. 20 for all new Paramount+ customers and for existing subscribers with its higher-priced offering on or after Sept. 20.

Shares of Birkenstock Holding fell after hours on Monday after the iconic sandal maker said its biggest shareholder would offload some of its investments in the company through a public offering.

Swimming-pool gear distributor Pool Corp. on Monday slashed its profit outlook for this year, citing “persistently weak” demand for new pool construction, sending shares sharply lower in after-hours trade.

Former Treasury Secretary Larry Summers on Monday took aim at the Federal Reserve’s strategy for defeating inflation, while also taking credit for predicting last year that markets and policymakers were overstating the likelihood of several interest-rate cuts in 2024.

Are rising jobless claims a sign of emerging weakness in the economy? Don’t bet on it — at least not yet.

“Recent election surprises in Mexico, India, and the European Union have underscored the volatility that can arise from unforeseen political outcomes,” Principal Asset Management’s Seema Shah said.

You may think that these projected growth rates are very good news, but history suggests otherwise

Credit unions have become a go-to source of financing for owners looking to pull equity out of their homes.

Bank stocks gained Monday after Bloomberg News reported that the U.S. Federal Reserve is circulating a lighter version of its proposed capital requirements that have drawn opposition from the industry.