Articles

Wells Fargo stock rises as Feds lift consent order for its fake-account scandal

The Office of the Comptroller of the Currency (OCC) terminated a consent order issued in 2016 regarding sales-practices misconduct

Herbalife’s stock plunges 30%, and Bill Ackman revives his ‘pyramid’ scheme attack

Outspoken investor renews some of this Herbalife accusations.

Menopausal women will make up the biggest U.S. demographic — so why is medicine still ignoring them?

Menopause is affecting more than just hormones. But its full impacts aren’t being researched.

Zebra Tech’s stock soars as signs of a bottom emerge in order activity. Here’s why that matters.

Shares of Zebra Technologies Corp. were galloping toward their best day in four years on Thursday, after the maker of barcode scanners and printers beat earnings expectations and said it was seeing some signs that business may be bottoming.

Student-loan borrowers facing hardship could be eligible for debt forgiveness under Biden administration plan

The White House provides more details on its second stab at debt relief

Express’s stock jumps 30% but is still down 38% on the week amid bankruptcy concerns

The troubled retailer is reported to have hired restructuring advisers amid a debt burden of nearly $300 million.

Mortgage rates rise to highest level in two months and may stay higher for longer, Freddie Mac says

The 30-year mortgage rate is averaging 6.77%, Freddie Mac said in its latest weekly survey, released on Thursday.

Biden adviser calls for grocery chains to bring down their profit margins, as elevated prices still sting

A top Biden economic adviser, Lael Brainard, on Thursday pressed on with the administration’s recent effort to go after grocery stores and food companies over elevated prices, as inflation remains a major worry for voters as November’s presidential election nears.

Nvidia is expected to be the best performer in the S&P 500 through 2025, by this measure

Next Wednesday’s earnings report could be another catalyst as Nvidia continues to dominate the AI hardware build-out.

People think buy-now-pay-later is helping them improve their credit. They’re wrong.

Consumers are making one crucial miscalculation when they use buy-now-pay-later services, according to a New York Federal Reserve analysis.

Soros ups stake in NY Community Bancorp as stock claws back from 27-year lows

New York Community Bancorp’s stock rose, outpacing gains in other financial stocks, on Thursday after Soros Fund Management disclosed an increased stake in the hard-hit regional bank.

Super Micro’s stock has surged 900% in a year. Why BofA is making a ‘buy’ call.

BofA launched coverage of Super Micro shares with a bullish rating, as the company’s potential may not be fully appreciated by Wall Street.
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