Articles

Fertility-benefits provider Progyny’s stock on track for biggest-ever decline after losing ‘significant’ client

Progyny Inc.’s stock tumbled 31% Thursday, to put it on track for its biggest-ever one-day decline, after the provider of fertility-care benefits for employers said a “significant” client had terminated its agreement with the company.

After Fed rate cut, the next 6 months will be crucial for investors. Here’s why.

“There still are opportunities here,” Erik Aarts at Touchstone Investments said.

Trump proposes credit-card interest caps, but smart money still views him bank-friendly

The analyst community isn’t taking the former president’s proposal too seriously, and is instead looking at Trump’s bank-friendly first term as a guide for how investors should play a possible second Trump term.

Nvidia’s stock is surging. Here’s how it tends to perform after interest-rate cuts.

Nvidia’s stock historically has made dramatic moves in the year after initial Fed interest-rate cuts, and it has outperformed the S&P 500 on average when looking at all rate cuts since the IPO.

Bond spreads for ‘Magnificent Seven’ tighten as investors celebrate interest-rate cut

“As frequent bond issuers, big tech loves lower rates.”

Mortgage rates fall to lowest level in two years: Here’s how much money you need to buy a $400,000 home

The 30-year mortgage rate is averaging 6.09%, Freddie Mac said in its latest weekly survey on Thursday.

JetBlue Airways to open its first premium customer lounges in New York and Boston

Airline said it is responding to growing demand for “premium” perks.

These tips for investing in mutual funds and ETFs can help you ride with the Fed

Gold glitters, while investors face recession jitters.

Bank stocks join market rally. Analyst cites boost to lenders’ balance sheets.

Bank stocks moved up on Thursday as they added to gains from the previous session on the heels of the first interest-rate cut by the U.S. Federal Reserve since 2020.

Leading index for U.S. economy drops for sixth straight month in August

The leading indicators for the U.S. economy sank 0.2% in August, the privately run Conference Board said Thursday. That is the sixth straight monthly decline.

Home sales fall to lowest level since October 2023

Existing-home sales fell to a rate of 3.86 million in August, the National Association of Realtors said.

Mobileye’s stock surges as Intel gives this reassuring sign

Mobileye and Intel shares have both been under heavy pressure this year, but Intel says it has no current plans to sell its majority stake, as some had feared.
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