Articles

Is America’s love of ice cream melting away? Unilever’s break-up with Ben & Jerry’s isn’t the only sign.

Factors contributing to declining ice cream consumption may include climate change and a desire to avoid dairy products.

Richard Branson set for $856 million payout from Nationwide’s Virgin Money takeover

Nationwide will pay Branson’s Virgin Enterprises a £250 million exit fee to stop using the Virgin brand

Parents weigh in on the best SUVs for families

From auto pros who are also parents, here are some top picks for the best SUVs for families, plus some features to look for.

Biden administration to cancel $5.8 billion in student debt for public servants

Nearly 78,000 student-loan borrowers who have worked in public service for at least 10 years will have their student debt cancelled, the Biden administration said Thursday.

Swiss National Bank makes surprise rate cut, sending franc lower

The dollar surged against the Swiss franc after the Swiss National Bank cut interest rates on Thursday, as the country is one of the few in the industrialized world with tepid inflation pressures.

Treasury yields dip after Powell comments bolster hopes for June rate cut

Bond yields fell early Thursday as traders bet that forecasts and comments from the Federal Reserve the day before increase the likelihood that borrowing costs will start to be cut in the summer

Micron blows away Wall Street estimates, but a specter potentially looms

Samsung and Hynix will soon have rival high-bandwidth memory chips on the market.

Fed still on track for June rate cut, and 2 other takeaways from Powell’s press conference

Beneath the surface, several important messages came out of Jerome Powell’s press conference.

Nvidia shows it’s still on track for AI dominance

The chip giant is poised to sell more recurring-revenue products, rather than just one-and-done hardware sales.

Bonds are stuck in a rut as Fed waits to cut rates

More than 80% of U.S. investment-grade corporate bonds are still trading at a discount, according to BondCliQ

DOJ reportedly will file antitrust lawsuit vs. Apple as soon as Thursday

The Justice Department could file its long-rumored antitrust lawsuit against Apple Inc. as soon as Thursday, according to a report late Wednesday.

Reddit prices IPO at $34 a share, at high end of its target range

Reddit is poised to take the plunge into public markets after announcing pricing for its closely-watched initial public offering.
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