Articles

: Visa to explore potential exchange offer for bank-owned shares amid stock ‘overhang’

Visa will discuss with shareholders whether to amend its unconventional share structure as a means of resolving a potential overhang on the stock.

In One Chart: When will inflation cool to the Fed’s 2% target? By late next year, says JP Morgan strategist.

Inflation is likely to fall below the Federal Reserve's 2% annual target by late next year, says David Kelly, chief global strategist at JP Morgan Asset Management.

The Ratings Game: Unity Software’s new game developer fees result in ‘PR disaster,’ stock falls

Unity Software Inc. shares fell Wednesday after the game-engine company introduced new fees based on how often a developer's game is downloaded.

Financial Face-Off: Apple’s iPhone 15 vs. iPhone 13: Is the upgrade worth it?

Apple's yearly iPhone upgrades aren't as dramatic as they once were. Are this year's improvements enough to justify a new phone?

IPO Report: Birkenstock is going public: 5 things to know about the iconic German sandal maker’s IPO designs

German sandal and clog maker, beloved of hippies, is planning to list on the New York Stock Exchange.

: Elon Musk calls for new federal agency to oversee AI at Senate summit

Executives from some of the nation's top tech companies convened Wednesday at the U.S. Senate for a closed-door meeting on artificial intelligence.

Key Words: Coco Gauff was asked if she’ll use her $3 million US Open winnings to pay off debt. Here’s what she said.

'I'm too young. My parents never put me in that position to be in debt, so I have nothing to pay right now.'

Key Words: Georgia’s governor declares ‘state of emergency’ over inflation and pauses gas tax. Is that a wise decision?

Georgia's 31-cent per gallon tax is now on hold for one month.

Economic Report: U.S. records budget surplus in August as White House makes adjustment for blocked student loan plan

The U.S. recorded a $89 billion budget surplus in August, as a result of savings from the student loans program , the Treasury Department said Tuesday.

: Would a United Auto Workers strike provide an opportunity for Tesla — and push up used-car prices?

The current UAW contract with Ford, General Motors and Stellantis expires within days.

In One Chart: Small-cap stock weakness sees Russell 2000 flirt with 200-day moving average

A bout of small-cap underperformance in the face of renewed “higher-for-longer” rate expectations sees the benchmark Russell 2000 threaten an important support level.

The Ratings Game: Adobe releases Firefly AI commercially and announces pricing moves ahead of earnings

Adobe shares rose higher Wednesday after the company announced ahead of earnings that it will implement a credit system to charge users when they use Firefly AI.
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