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The Biden administration on Thursday slapped new sanctions on people and entities associated with Iran’s drone program in response to Tehran’s attack on Israel on April 13.

The Federal Reserve’s benchmark interest rate is in a “good place,” moving inflation down, and there is no need to rush to push it lower, New York Fed President John Williams said Thursday.

Existing-home sales fell to a rate of 4.19 million in March, the National Association of Realtors said.

The White House’s new student-loan-relief plan has the potential to reach more millennial and Gen Z borrowers. Is it enough to convince them Biden is transforming the system?

The view that markets always go up over time, is a dangerous one, especially for older investors, says Andrew Adams, strategist at Saut Strategy.

CSX Corp. is taking a sales hit of up to $30 million a month following the Baltimore bridge collapse, although analysts still see plenty of positives in the railroad operator’s first-quarter results, which it reported late Wednesday.

Vertex Pharmaceuticals shares gained ground early Thursday after the company signaled progress in the development of its experimental non-opioid pain treatment.

Infosys’s stock continued its selloff Thursday toward a 10-month low, after the India-based information-technology consultant reported fiscal fourth-quarter revenue that missed expectations.

Index rises to 15.5 vs forecast of 2.5

The number of Americans who applied for unemployment benefits last week was unchanged at 212,000, reflecting a surprisingly resilient labor market in which layoffs and unemployment are very low.

Crude-oil prices continued to soften for a fourth straight day Thursday, with futures falling to their lowest level in three weeks.

Investors dismissed a march higher in bond yields last year. That didn’t turn out so well, says JPMorgan.