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Citi and Apollo will handle loan portfolio with capital from insurance annuity company Athene and Abu Dhabi’s Mubadala Investment Co.

U.S. pending home sales rose 0.6% in August, as a big drop in mortgage rates prompted some home buyers to act.

Billionaire hedge-fund manager David Tepper says it’s an “everything” rally in China after Beijing announced a slew of stimulus measures.

Bank stocks have been on quite a tear as interest rates have declined. But many appear to have room to run as the cost for deposits goes down.

Micron’s stock momentum after earnings reflects relief over the guidance as well as an appreciation for the company’s ability to benefit from AI trends.

The last of three updates on U.S. growth in the second quarter showed the economy expanded at solid 3.0% annual pace — and there’s no sign it’s taken a big turn for the worse.

The number of Americans who applied for unemployment benefits last week fell to a nearly four-month low of 218,000, reflecting the reluctance of businesses to cut jobs even though they’re no longer hiring many new workers.

Orders flat vs expectations of a 3% decline

Southwest Airlines’ stock surged Thursday after the air carrier raised its revenue outlook and indicated it would resume stock repurchases for the first time in more than four years.

“I hope that it doesn’t trigger my ex-husband. He has a short fuse.”

The used-car retailer’s fiscal second-quarter sales topped estimates — but it was not enough to offset pressure on its car-loan business.

Investors are increasingly on edge about incoming economic data as the Federal Reserve works to cut rates and secure a soft landing for the economy