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The troubled retailer is reported to have hired restructuring advisers amid a debt burden of nearly $300 million.

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

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.

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

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

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.

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

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

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.

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

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.

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.