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Hertz’s stock fell Thursday, after the rental car company reported another wider-than-expected loss, but said it expects the rapid depreciation of its vehicles to slow as it pushes to complete its “fleet refresh.”

The governor of the Bank of England was asked about a move in the U.K. currency market ahead of the rate decision.

The more the U.S. spends on construction, the higher the level of economic activity.

While Meta is a strong play on consumer AI, other large technology companies are better positioned in generative AI so far.

A key barometer of U.S. factories fell in July for the fourth month in a row and hit an eight-month low, a sign that an ongoing slump in the industrial side of the economy has deepened.

Car-loan interest rates should begin easing off their two-decade highs once the Federal Reserve starts decreasing its benchmark rate, auto-industry experts say. The bad news is that vehicle prices remain steep.

The number of Americans who applied for unemployment benefits last week jumped to a nearly one-year high of 249,000, but the part of the increase was tied to annual auto-plant shutdowns and the details of the report were less alarming.

Shares of Kellanova rose 4.6% premarket after the food giant reported better-than-expected second-quarter results and raised its 2024 outlook.

The footwear maker has seen a 44% gain this year in its share price.

Revenue drops below expectations and full-year outlook was cut

Hershey also lowered its 2024 guidance, and expects a decline in sales this year.

Gannett Co. Inc.’s stock rose 2.9% early Thursday, after the USA Today publisher beat second-quarter profit estimates by a wide margin, offsetting a revenue miss.