Articles

Mortgage ‘junk fees’ can add nearly $6,000 to the cost of buying a home. The Biden administration says it’s cracking down on the charges.

‘The CFPB is looking for ways to reduce anticompetitive fees that harm both homebuyers and lenders,’ agency director Rohit Chopra says

Treasury yields creep up ahead of Fed’s preferred inflation indicator

Investors are waiting for the Fed’s preferred inflation gauge, as bond yields recover from a drop on Thursday.

Liquidity is starting to dry up as the Fed conducts QT and bank lending slows, says JPMorgan

Liquidity is starting to dry up, which could it make it difficult for stocks and other risky assets to advance from here, according to analysts at JPMorgan.

Elon Musk’s pay package ‘outsized,’ proxy adviser says, urging shareholders to say no

A second proxy adviser has come out against Tesla Inc.’s Chief Executive Elon Musk’s pay package, dealing the EV maker another blow as it tries to win shareholder support for a slew of proposals at its June meeting.

Nio shares jump in Hong Kong on potential record sales in May

NIO’s shares rose sharply in Hong Kong on expectations the Chinese electric-vehicle maker’s deliveries would likely hit a record high in May.

MongoDB’s stock set to tumble by a quarter as management voices caution

MongoDB took a cautious tone in discussing the year ahead, which is weighing heavily on its stock in Thursday’s extended session.

The IRS plans to offer free online tax prep in all 50 states. Here’s what it means for you.

The IRS plans to expand the types of tax returns it can handle with Direct File, the government’s free online tax-prep platform.

Even with guilty verdict, Trump unlikely to be put behind bars before November’s election

Even after being found guilty of trying to cover up hush-money payments to make stories of affairs go away, Donald Trump may well remain a free man until long past November’s election.

Trump’s DJT stock price tumbles following guilty verdict in hush-money case

Trump Media & Technology Corp. shares tumbled as much as 14% in the immediate aftermath of Trump being found guilty on all 34 counts of falsifying business records in his hush-money trial.

Nordstrom shares fall after wider-than-expected first-quarter loss

Nordstrom Inc. shares fell 4.2% in extended trading Thursday after the company reported a wider-than-expected first-quarter loss, although revenue topped analysts’ estimates.

Costco beats profit and sales forecasts, but stock pulls back from record highs

Costco Wholesale Corp. reported fiscal third-quarter profit, revenue and same-store sales that all beat Wall Street forecasts, but shares of the membership-based warehouse retailer pulled back from a record high.

Gap’s stock jumps 20% as the retailer swings to profit and raises guidance

Gap Inc. shares rallied in the extended session Thursday after the retailer reported first-quarter earnings and sales well above investors’ expectations, raised its guidance for the year and pared down its inventory.
1 1,359 1,360 1,361 1,362 1,363 2,565