Articles

Home prices reach new high in January, Case-Shiller says

Case-Shiller 20-city home price index up 6.2% year-on-year in January.

Visa, Mastercard agree to lower credit-card fees in landmark merchant settlement

Visa and Mastercard agreed to lower and cap credit-card interchange rates as part of a landmark settlement with U.S. merchants.

Citi’s Jane Fraser tells employees to ‘believe’ while suggesting more job cuts

Fraser said that in the coming weeks, “this final phase of changes will affect the largest number of colleagues at any point during the reorganization.”

Micron’s stock heads for best month in 13 years as bulls see more AI gains ahead

Micron has cemented itself in Wall Street’s eyes as a financial beneficiary of artificial intelligence, and investors are excited about what’s to come.

Durable-goods orders rebound and business investment rises

Orders for big-ticket items climb 1.4% in February

Moderna’s new and improved COVID vaccine produced positive trial results

Moderna Inc. announced Tuesday that its next-generation COVID vaccine produced better immune results in a late-stage trial than its previous vaccines, and will be a key part of its combination therapy against flu and COVID-19.

Microsoft is already bigger than Apple, but its ‘iPhone moment’ could be coming

Wedbush is excited about the potential for AI to give a big boost to Microsoft’s cloud business.

AMC CEO says first part of 2024 ‘a slog to wade through’

AMC Entertainment Holdings Inc. CEO Adam Aron says that the first part of 2024 will be “a slog” for the movie theater chain and original meme stock, citing the ongoing impact of last year’s Hollywood writers’ and actors’ strikes.

I own four homes and have $800,000 in liquid assets. I’d like to retire in two years. Can I do it?

“I am a professional in good health, living in Arizona.”

3M to pay $6 billion as Combat Arms Earplug settlement nears final resolution

3M said Tuesday the Combat Arms Earplug litigation is nearing its final resolution, with the consumer, industrial and healthcare-products company agreeing to pay up to $6 billion to settle all claims.

Alibaba logistics unit ends IPO plans in further setback for effort to unlock value

Months after calling off a planned spinoff of its cloud-computing unit, Alibaba said its logistics unit will forego initial-public-offering plans as well.

McCormick’s stock gains as spice maker handily beats Q1 profit estimate

Net income climbs 19% as company refocuses on more profitable products.
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