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Shares were getting a lift Thursday after the company announced that it reached a new deal with creditors.

Optimism is rising that Congress will approve a bipartisan tax deal that includes an expansion of the child tax credit and business breaks, including for research and development, with a vote in the House of Representatives possible as soon as next week.

Porsche on Wednesday unveiled the electric version of its Macan sport utility vehicle, coming at a time when Tesla and other EV makers are encountering flagging demand.

New-home sales were at an annual rate of 664,000 in December, compared with 615,000 in the prior month.

The Gen Z money trend calls for curbing your spending by setting clear boundaries: “Sorry, I can’t go out to dinner, I’ve got $7 a day to live on.”

ECB President Christine Lagarde says internal surveys show staff are overwhelmingly satisfied.

Alaska Air said Thursday that it expects the grounding of its Boeing 737 Max 9 fleet to cost $150 million, but the carrier still provided a 2024 profit outlook that was in the range of Wall Street forecasts.

After payments resumed in October for the first time in three years, some 40% of borrowers skipped making them.

Americans have little or no liquid savings

As Tesla cuts prices and scales back its delivery goals, even one prominent bull is feeling spooked about a lack of clarity.

Retirees own more of the U.S. stock market than ever, threatening to exacerbate next selloff

American Airlines’ stock took flight Thursday after the air carrier beat fourth-quarter profit expectations by a wide margin and provided an upbeat 2024 outlook, while recording best-ever flight-reliability measures over the holiday period.