Articles

Economic Report: U.S. consumers are feeling a lot more optimistic about the economy, Fed says. Here’s why.

Consumers expect inflation to ease, according to the Federal Reserve Bank of New York's latest Survey of Consumer Expectations.

: Yellen to tout ‘explosion in U.S. factory construction’ as she marks Inflation Reduction Act’s anniversary

Treasury Secretary Yellen is set to talk up gains for U.S. manufacturing, as the Biden administration marks the Inflation Reduction Act's one-year anniversary.

Tax Guy: I inherited a lake house, but want to give my share to my sister. How can we do this — and avoid paying taxes?

'What would be the most tax-efficient way to sell or transfer ownership to my sister?'

The Ratings Game: What’s next for AMC after court approves revised stock-conversion plan?

Approval of the company’s revised stock-conversion plan marks a “significant milestone” for the company, AMC CEO Adam Aron said.

Banking: Goldman CEO David Solomon faces criticism at bank amid struggles: report

CEO is mired in "quicksand" due to a management style that's "winning few fans" as the bank restructures and pivots away from consumer banking, New York Times report says.

: PayPal names Intuit veteran Alex Chriss its next CEO

Intuit Inc. executive Alex Chriss will serve as the next leader of PayPal Holdings Inc., the digital payments giant said Monday.

Market Extra: Russian ruble slides to 16-month low against U.S. dollar as capital flight, shrinking trade surplus bite

The Russian ruble plunges to its lowest level against the U.S. dollar in more than 16 months.

Living With Climate Change: Extreme heat: Proper insulation helps cool your home, and there’s a tax credit

The 25C energy efficient home improvement tax credit covers 30% of the cost of insulation and air-sealing materials, up to a maximum of $1,200.

: Nikola to recall trucks after battery issue; stock sinks

Nikola is conducting a voluntary recall of more than 200 of its electric vehicles after an investigation into their battery packs.

Metals Stocks: Gold continues to slide after worst week in nearly 2 months

Gold futures were adding to their losses on Monday following their worst weekly pullback in nearly two months as U.S. dollar strength continued to sap the value of the yellow metal.

Futures Movers: Oil prices edge lower after 7th straight weekly gain

Oil futures consolidate after scoring another weekly gain.

Earnings Outlook: Cisco earnings: What to expect from the network equipment and software giant

Cisco Systems Inc. investors get to see if the network equipment and software company is on track with its forecast return to seasonal order growth.
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