Articles

: Debt-ridden Rite Aid files for bankruptcy, will close more stores

Drugstore chain Rite Aid Corp. filed for bankruptcy Sunday, as it faces billions of dollars of debt related to opioid lawsuits.

Dow Jones Newswires: Tencent-backed logistics firm J&T Global Express plans to raise over $500 million in Hong Kong IPO

Tencent-backed J&T Global Express is the latest logistics-related company seeking to tap investors' appetite in Hong Kong with a 3.92 billion Hong Kong dollar ($500.80 million) share offering.

: Activist investor Starboard reportedly seeks changes at News Corp

Activist investor Starboard Value has built a stake in Rupert Murdoch's News Corp, and intends to push for changes at the parent company of MarketWatch and the Wall Street Journal, according to a report Sunday night.

Dow Jones Newswires: Liontown says Albemarle withdraws takeover bid due to deal’s growing complexities

Albemarle scrapped its proposed $4.16 billion takeover of Liontown Resources, citing the difficulty of completing the deal following the intervention of Australia's richest woman.

: Biden says U.S. is ‘working like hell’ to find American hostages in Gaza

President Joe Biden said Sunday the U.S. is doing "everything in its power" to find 14 Americans being held hostage by Hamas in the Gaza Strip.

: Mortgage bankers expect the 30-year rate to drop to 6.1% by the end of 2024

A drop in mortgage rates will boost mortgage originations by 19% in 2024, the Mortgage Bankers Association said.

Market Extra: Oil prices in spotlight as Iran warns of escalation of Israel-Hamas war

Oil futures were being watched as a bellwether Sunday as Western diplomats and leaders warned Iran not to wade into the Israel-Hamas war .

Dow Jones Newswires: Qantas’s management exodus continues as loyalty chief quits

The head of Qantas Airways's loyalty division has quit the Australian carrier, adding to the leadership churn that has already included the departures of its chief executive and chairman.

Earnings Watch: Wall Street’s Q3 expectations have been all over the place. Now, a swing to profit growth is ‘likely’ — with a bigger rebound next year

One analyst who tracks the ebbs and flows of earnings data says at least a slight profit gain for the third quarter is more likely.

Help Me Retire: We have two houses and 45 acres of farmland, but we don’t know what to do about retirement. Where do we start? 

Have a question about your own retirement savings? Email us at [email protected]

Brett Arends's ROI: Inflation is already racing past next year’s Social Security COLA

The latest inflation figures from the United States government are worrying news.

Market Extra: Why Treasurys could give the U.S. stock market a green light for a year-end rally

What it takes for Treasury yields to fall, and whether the retreat in yields could eventually push U.S. stocks higher to rally into the year-end. 
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