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Mortgage rates rise to highest level in two months and may stay higher for longer, Freddie Mac says

The 30-year mortgage rate is averaging 6.77%, Freddie Mac said in its latest weekly survey, released on Thursday.

Biden adviser calls for grocery chains to bring down their profit margins, as elevated prices still sting

A top Biden economic adviser, Lael Brainard, on Thursday pressed on with the administration’s recent effort to go after grocery stores and food companies over elevated prices, as inflation remains a major worry for voters as November’s presidential election nears.

Nvidia is expected to be the best performer in the S&P 500 through 2025, by this measure

Next Wednesday’s earnings report could be another catalyst as Nvidia continues to dominate the AI hardware build-out.

People think buy-now-pay-later is helping them improve their credit. They’re wrong.

Consumers are making one crucial miscalculation when they use buy-now-pay-later services, according to a New York Federal Reserve analysis.

Soros ups stake in NY Community Bancorp as stock claws back from 27-year lows

New York Community Bancorp’s stock rose, outpacing gains in other financial stocks, on Thursday after Soros Fund Management disclosed an increased stake in the hard-hit regional bank.

Super Micro’s stock has surged 900% in a year. Why BofA is making a ‘buy’ call.

BofA launched coverage of Super Micro shares with a bullish rating, as the company’s potential may not be fully appreciated by Wall Street.

U.S. oil prices move up to recoup gains for the week

Oil prices head higher, with U.S. prices on track to score a gain for the week.

Wendy’s is going all in on breakfast ads because if you try it, you’ll be back

Shares of Wendy’s Co. slumped Thursday, after the fast-food burger chain reported fourth-quarter profit that disappointed Wall Street, amid higher cloud-computing costs, and provided a 2024 outlook that was below forecasts.

DWAC poised to buy Trump Media & Technology Group. Stock rallies as it clears regulatory hurdle, but it also discloses potential snag.

Digital World Acquisition Corp. will set the date of its shareholder meeting to approve deal to combine with parent of Truth Social.

Builder-confidence index rises to five-month high on expectations that mortgage rates will drop in the coming months

Home-builder confidence rose in February, with the industry expecting the Federal Reserve to cut interest rates later this year, which could boost demand for homes.

Temenos stock price dives as short-seller Hindenburg takes aim

Shares in a Swiss software maker plunged as much as 34% on Thursday after short-seller Hindenburg Research accused the company of manipulating its accounts.

The lawyer who beat Trump twice stands to make a fortune for doing so

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