Articles

Trump social-media stock ‘DJT’ rises as insiders hold on to their shares

Trump Media & Technology Group Inc.’s stock was up nearly 7% in premarket trading on Wednesday as a two-day deadline passed with no fresh filings from insiders selling stock.

A wave of retail investor cash may hit the stock market when interest rates reach this level

Brokerages are sitting on something that could help fuel a rally in the stock market — piles of uninvested cash.

Refinances surge 175% from a year ago, as mortgage rates remain at a 2-year low

Mortgage applications rose 11% in the last week, the Mortgage Bankers Association said.

Oil prices pull back as optimism over China stimulus plan fades

Oil futures traded modestly lower early Wednesday, pulling back from strong gains seen the previous session amid a broad commodity rally sparked by China’s announcement of an aggressive monetary stimulus plan.

Companies with high labor costs should benefit as job market slows. Some names are surprising.

The flip side of a labor market deteriorating is that wage pressure on profit margins ease. Here are companies that benefit.

Benchmark Treasury yields hit three-week highs as traders eye PCE inflation data

Bond yields rose amid hopes the U.S. economy is enjoying a soft economic landing despite the Fed completing a monetary policy tightening cycle.

Nelson Peltz’ activist fund Trian Partners takes seat on Rentokil’s board

Trian Partner’s Brian Baldwin has been appointed to Rentokil Initial’s board, just weeks after its share price plunged 18% on a profit warning about its North American business

Credit-card APRs are already dropping. But this quick trick can save you ‘way more’ on payments.

American Express and U.S. Bank are among the major issuers that have already lowered rates on some cards following the Fed’s big rate cut.

Chinese stocks extend gains after Beijing’s stimulus bazooka

Chinese stocks on Wednesday extended their rally triggered by Beijing’s stimulus bazooka, though optimism elsewhere in the region could not be sustained

OECD forecasts U.S. economy to slow down next year

The U.S. economy will slow down next year but steer clear of a recession as the Federal Reserve cuts interest rates, a world body forecasted on Wednesday.

Lauren Sanchez visits humble Albuquerque home, but she and Jeff Bezos have plenty of real estate to choose from

Lauren Sanchez and billionaire fiancé Jeff Bezos boast one of the world’s most impressive property portfolios, with megamansions scattered across the U.S.

‘Knives Out’ actress Ana de Armas quits L.A. for $7.2 million rural Vermont estate

The 30-acre spread offers a country setting with pastures, mountain views, woods, walking trails, and a pool.
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