Articles

One of the biggest U.S. lenders is offering 0%-down-payment mortgages for first-time home buyers. Here’s the catch.

Prospective home buyers should fully understand the terms of a “silent” second mortgage before taking one on, one expert said.

HSBC’s new offices are coaxing hybrid workers into the office more frequently

The bank is keeping its hybrid policy in place, but more employees are choosing to commute to its new office building.

Eli Lilly to spend $5.3 billion to boost Zepbound, Mounjaro manufacturing

Eli Lilly said Friday that it has more than doubled its investment in a new manufacturing site to boost manufacturing capacity for its popular weight-loss drug Zepbound and diabetes treatment Mounjaro.

Oil prices edge higher after 4-day losing streak

Oil futures inch higher Friday, but are on track to notch losses for the week.

U.S. consumer sentiment darkens in May on worries of higher inflation

Final May reading of 69.1 was a slight improvement from preliminary estimate of 67.4

U.S. durable goods rise for third straight month in April

Orders for durable goods rose 0.7% in April, for the third straight monthly gain, the Commerce Department said Friday.

Deckers Outdoor praised as ‘one of the strongest names’ by Wedbush

Analyst Tom Nikic hikes Deckers Outdoor’s price target after retailer posts strong results and hikes profit view.

Copper prices to quadruple on surging green demand, legendary oil trader Pierre Andurand says

Hedge fund manager Pierre Andurand said copper prices could surge to heights of $40,000 a ton as soaring demand outstrips supply

AI could be masking a weak consumer sector, warns this stock market strategist

If consumer weakness persists into this summer, tech strength may not be compensate, says BTIG’s chief market technician Jonathan Krinsky.

LyondellBasell’s dividend hike boosts yield to nearly 4 times the S&P 500’s

LyondellBasell raised its dividend Friday, extending the chemicals and plastics-resins company’s position as having the highest yielding stock among its materials-sector peers.

Yikes! Gold’s $2,400 price tag is even higher than you think.

This year, gold has proven a better investment than stocks, bonds or real estate.

Lucid’s stock rises, as EV maker says it will cut 400 jobs in restructuring

The move comes after a wider-than-expected first-quarter loss amid a weak environment for electric vehicles.
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