Articles

: It’s National Get Smart About Credit Day. Here are 7 facts you might not know about credit.

One in five members of Gen Z say they "only understand credit scores a little or not at all," according to a survey by FICO.

Economic Report: Mortgage rates near 8%, rising for the sixth week in a row

The 30-year mortgage rate is averaging 7.63%, Freddie Mac said in its latest weekly survey on Thursday.

The Fed: Powell says more strong data like September reports could warrant further interest-rate hikes

Fed Chairman Jerome Powell said Thursday that additional signs of a resilient economy may warrant further tightening of monetary policy.

The Ratings Game: Blackstone’s earnings miss draws a downgrade at CFRA

Kenneth Leon of CFRA cuts Blackstone to neutral after the alternative-asset manager missed earnings target as higher interest rates challenge its business.

Market Extra: Why stock-market investors are fixated on 5% as 10-year Treasury yield nears key threshold

The benchmark 10-year rate, used on everything from mortgages to student and auto loans, looks poised to burst through 5% soon.

: CSX clinches agreement on paid sick leave with Brotherhood of Railroad Signalmen

CSX’s agreement with the Brotherhood of Railroad Signalmen about paid sick leave covers nearly 400 employees.

: Jordan won’t seek third vote today for House speaker and will back McHenry: reports

Jim Jordan will steer clear of pushing for a third ballot on his House speaker bid and instead will back a plan involving Patrick McHenry, multiple reports say.

The Tell: Black Monday still worst day in Dow’s history. But here are some that came close.

36 years have passed since the Dow Jones Industrial Average experienced an unprecedented meltdown that ricocheted around the world.

: LSE says trading incident halting many stocks

A trading incident at the London Stock Exchange has left all but the most liquid issues halted.

: Greta Thunberg protests outside JPMorgan’s London HQ over bank’s fossil fuel financing

The climate campaigner was spotted protesting at London's Canary Wharf after being arrested by the city's Metropolitan police force on Tuesday

: Mullen Automotive’s stock at record low as it pushes ahead with plan for another reverse stock split

EV company plans to hold a special shareholder meeting on Dec. 5 to vote.

Economic Report: U.S. leading economic indicators point lower for 18th straight month, but still no sign of recession

The leading economic index sank 0.7% in September and was negative for 18th month in a row --- but U.S. is on track to post sizable increase in economic growth.
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