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Higher-income and low-income earners both got UBI for three years. New research shows how they spent their cash payments differently

Fannie Mae and Freddie Mac shares have both rallied in anticipation of privatization.

Shares of Mattel Inc. jumped on Monday on a report saying that the private-equity firm L Catterton had come forward with an offer to acquire the toy maker — a move one analyst said wasn’t surprising given a long slump in the company’s stock price.

AMC Entertainment Holdings Inc.’s stock climbed Monday after the company announced a debt restructuring to strengthen its balance sheet and prepare for an expected recovery in the movie-theater industry.

The fact that the gender pay gap is declining doesn’t mean women are better off.

Borrowers fell behind on paying their mortgages in June, pushing delinquencies up to the highest level in six months, ICE said.

“The resilience and the quality of the phones has improved quite dramatically,” Hans Vestberg said.

Perceptions of what is “old” have changed as people are living longer globally and adjusting their views of themselves and their peers.

President Joe Biden’s exit from the U.S. presidential race has left some to question the impact of his decision on gasoline prices at the pump, with more than a month left until the end of the summer driving season.

BofA Global Research strategists said a sustained stock-market rotation hinges on a 10-year Treasury yield below 4% and an ISM manufacturing PMI above 50.

Part of President Joe Biden’s economic legacy is respect for the independence of the Federal Reserve, currently led by Jerome Powell.

Two money managers discuss what lies ahead for a reviving sector.