Articles

: Macy’s bonds rally with stock after investor group reportedly offers to take company private

Bonds rise along with stock after a report of a $21-a-share offer for department-store chain.

: Manchester United’s Ratcliffe saga continues as billionaire still ‘in limbo’ over stake, report says

Ineos CEO Sir Jim Ratcliffe has yet to clinch his 25% minority stake in Manchester United.

: Manulife to buy back C$1.2B in stock as part of C$13B reinsurance deal with Global Atlantic

Global Atlantic marks first reinsurance deal in Japan for the firm.

: Mortgage rates will fall to 6% by the end of 2024, but home-buying sentiment will remain subdued, report says

Economists broadly expect mortgage rates to fall but say that a lack of inventory will stymie a recovery in residential real estate.

The Ratings Game: Nvidia’s stock dubbed a top pick for next year after monster 2023: ‘No need to overthink this’

TD Cowen analyst Matthew Ramsay's top chip stock pick for 2024 has seen a 220% gain so far this year, but he has a message to Wall Street: "No need to overthink this."

The Big Number: Bernie Madoff trustee has earned $1.5 billion in fees — and counting

The court-appointed trustee overseeing the liquidation of Bernie Madoff's firm has earned $1.5 billion in fees since his appointment 15 years ago, a Reuters analysis found.

: BlackBerry names cybersecurity chief CEO, confirms plan to separate IoT and cybersecurity businesses

BlackBerry will no longer pursue an IPO of its Internet of Things business.

: Is the U.S. in a ‘silent depression’? TikTok creators say yes, but economists disagree.

“We are in the worst economic time in American history,” one TikTok with millions of views says. Here's how the numbers stack up.

Washington Watch: Trump floats repealing Obamacare. Here’s why that would be hard.

A push in 2025 to eliminate the Affordable Care Act could flop for the same reason that 2017's effort on that front failed: a slim Senate majority for Republicans.

: Shake Shack launches search for new chief executive, keeps guidance for Q4

Company reiterates fourth-quarter sales forecast and hires Korn Ferry to help replace retiring Randy Garutti.

Futures Movers: Oil prices stabilize after longest losing streak since 2018

Oil futures stabilized early Monday following the longest losing stretch since 2018 as concerns about a slowing global economy, coupled with booming U.S. supply, helped keep prices anchored around $70 a barrel.

Europe Markets: This European company doubled its value in just six weeks

Few companies have seen a stock price roller-coaster quite like Adyen, the Dutch payment processing firm.
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