Articles

Mickey Lee Wagner found a loophole in how factoring companies work and used it to steal $5 million. After he was indicted, the feds say he did it again. Now he’s going to prison.

Furloughs for employees and pay cuts for executives are coming at Boeing.

Mortgage lenders are reporting an uptick in interest from homeowners looking for ways to extract equity from their houses through home-equity lines of credit as mortgage rates are poised to fall.

Trump Media’s stock has been mostly trending lower since mid-July.

The “new features do not impact what we believe to be the most significant risk of teen Instagram use,” one advocate said.

Housing credit looks like a good place to be for investors, especially with returns rising as the Fed looks to lower rates, says Clayton Triick at Angel Oak Capital Advisors.

Needham sees Super Micro shares as a “value play on AI,” with strong revenue growth helping to justify a premium multiple relative to peer stocks.

Starbucks Corp. should consider licensing its China business, according to Bank of America Securities, which cited the potential of such a move to boost value for the coffee chain.

Tech giants look cheap on an earnings-growth basis, while U.S. stocks overall can resist seasonal weakness.

General Mills Inc.’s stock rose Wednesday after the packaged-food giant beat Wall Street estimates for adjusted profit and revenue, although it said it continues to face inflation and pressure on margins.

The Federal Reserve is preparing Wednesday to cut interest rates with U.S. stocks trading near a record high. leaving investors searching for historical clues to the path ahead for markets.

Meme stock chatter continues to swirl around Chewy Inc., but Dan Raju, the CEO of cloud-based financial-services provider Tradier, says the online retailer of pet food and products is challenging the traditional definition of a meme stock.