Articles

Annuity rates won’t last.

Gold traded sharply lower on Thursday, with strength in the U.S. dollar contributing to weakness in prices of the precious metal just two days after it marked a fresh record high.

Stocks have usually climbed when Fed Chair Jerome Powell speaks at the Jackson Hole Economic Symposium — with two big exceptions.

Estée Lauder drew an upgrade to overweight from neutral at Piper Sandler on Thursday as analyst Korinne Wolfmeyer said she’s more bullish on the beauty giant after its stock has lost more than a third of its value so far this year.

Charles Lemonides of ValueWorks makes the case that Amazon is a bargain stock on a sum-of-the-parts basis.

Tom Lee, managing partner and head of research at Fundstrat Global Advisors told CNBC’s “Squawk Box” that the Federal Reserve’s reliance on economic data to make interest-rate decisions may end up hurting the U.S. economy.

The 30-year mortgage rate is averaging 6.46%, Freddie Mac said in its latest weekly survey on Thursday.

Home furnishings are being hurt by uncertainty about the economy and a slow housing market, CEO says.

Unilever was given a double a upgrade to buy by BofA, which said the sale of Ben & Jerry’s removes a “distraction.”

TD Bank could join Wells Fargo in getting slapped with a cap on assets due to regulatory failings.

The U.S. economy grew at a steady clip in August, a pair of S&P surveys found, and indicated little threat of recession amid signs the labor market has cooled off more rapidly than previously believed.

United Wholesale Mortgage steps up hiring as mortgage lenders gear up for more business — even as some big banks cut exposure to retail home lending.