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The Fed: Powell says Fed is wary of ‘head fakes’ from inflation

Powell says Fed is wary of 'head fakes' from inflation

IPO Report: Arm, Instacart and Klaviyo’s earnings are another reason for IPO buyers’ remorse

Three recent IPOs disappointed by fizzling within days of their debut. Now their earnings missed the target too.

The Fed: Fed’s Paese says more data on inflation is needed before bank weighs another rate hike

The interim president of the St. Louis Federal Reserve said the central bank "can afford to wait for further data" on the economy and inflation before deciding whether to raise interest rates again.

The Fed: Fed’s Barkin: Swings in long-term Treasury yields not a useful variable for deciding interest-rate policy

The movement in long-term bond yields may be capturing headlines, but it isn't a great guide for deciding what to do with interest rates, Barkin said Thursday.

: Warren Buffett reportedly traded stocks that Berkshire Hathaway was trading

Buffett has said he ‘can’t be buying’ the same stocks as his company Berkshire Hathaway, but a new report calls that into question

Economic Report: Mortgage rates plunge amid signs of a weakening consumer

The 30-year mortgage rate is averaging 7.5%, Freddie Mac said Thursday in its latest weekly survey.

: There’s a new Tesla bear in town: EV maker is a ‘very expensive company,’ HSBC says

Tesla's stock gets a sell rating from HSBC analysts, who are concerned that the timeline for some of the EV maker's projects will be "longer than the market and valuation" reflect.

Key Words: Social Security in peril? Mitt Romney vows ‘promises will be kept’ in response to debt-commission concerns.

A debt-commission proposal from Sens. Mitt Romney and Joe Manchin has critics worried about benefit cuts.

: Blue Apron still has ‘substantial doubt’ it can continue as going concern if Wonder merger fails to close

Blue Apron says it may not stay in business if a merger with food-delivery company Wonder does not close.

Crypto: Bitcoin eyes $40,000 as ETF optimism sends the crypto to 18-month high 

Bitcoin rose Thursday to as high as $37,960, its highest level since May 2022, on hopes that an exchange-traded fund investing directly in the cryptocurrency could be approved soon.

: Israel plans four-hour pauses in northern Gaza, White House says

Israel will “begin to implement four-hour pauses in areas of northern Gaza each day, with an announcement to be made three hours beforehand,” a White House spokesman said Thursday.

IPO Report: Big fintech company Black Box sits out IPO market as bankers tout pent up deal demand

Founder of fintech Black Banx bides time to go public, while Bank of America Chief Executive Brian Moynihan flags 'tremendous' deal pipeline
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