Articles

What’s old is new again, at least from Wall Street’s perspective.

The Federal Trade Commission is sending checks to nearly 55,000 sellers who sold their homes to Opendoor after the iBuyer settled a lawsuit alleging deceptive practices.

A global economic recovery is fueling a blistering commodities rally in 2024 — threatening to derail the Federal Reserve’s efforts to curb inflation and potentially clouding its path to cutting interest rates by mid-year, according to market strategists.

Amazon.com Inc. is trimming hundreds of jobs from its AWS cloud-computing business in its latest round of layoffs aimed at slashing costs.

A combination of healthy economic data and a rally in oil is renewing the risk of what one major Wall Street bank calls a “hawkish negative surprise” by the Federal Reserve and other central banks.

The insider-trading move that nearly scotched the recent multi-billion-dollar merger of Donald Trump’s media business with a blank-check company began to unravel following an ill-conceived phone call.

Shares of Trump Media & Technology Group Corp. have fallen since they began trading last week with former President Donald Trump’s initials as the ticker — but don’t blame short sellers for any further weakness.

Some asset managers may decide it’s worth their while to bow to Fidelity Investments’ support agreement and hand over some of the revenue that their exchange-traded funds collect via its brokerage platform — that is, if they haven’t decided to do so already.

Peak 65: This year will see the largest-ever number of Americans turn 65.

Walt Disney Co. on Wednesday won enough shareholder votes to retain its slate of a dozen board members and stave off challenges from hedge funds Trian Fund Management and Blackwells Capital.

Shares of chip maker GSI Technology Inc., an increasingly popular artificial-intelligence play, were climbing 8.8% Wednesday — continuing a rally fueled by the launch of new server products this week.

Aurora Cannabis Inc. led gains among Canadian cannabis stocks on Wednesday after an industry executive was named president of the Cannabis Council of Canada trade group.