Articles

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.

Investors are monitoring gasoline demand as they fret about the toll inflation is taking on consumers.

Investors should look at the numbers behind rising share prices.

Roblox Corp.’s stock tumbled Thursday after the online gaming company reported first-quarter revenue that was well below expectations and provided a downbeat current-quarter outlook.

Tapestry’s stock dropped toward a four-month low in premarket trading Thursday, after the fashion company reported fiscal third-quarter revenue that fell short of expectations, with the Coach brand’s in-line sales offset by misses by Kate Spade and Stuart Weitzman.

The prospect of lower borrowing costs helped push U.K. stocks to a fresh record high on Thursday.

Traditional media businesses have had a tough time even as they navigate a march into the streaming era, and WBD’s earnings could be the latest example of that.

Initial jobless claims rose by 22,000 to 231,000 in the week ended May 4, the Labor Department said Thursday.  That’s the highest level since last August.

Revenue from recorded music rose 4%, while revenue from music publishing rose 19%