Articles

DWAC poised to buy Trump Media & Technology Group. Stock rallies as it clears regulatory hurdle, but it also discloses potential snag.

Digital World Acquisition Corp. will set the date of its shareholder meeting to approve deal to combine with parent of Truth Social.

Builder-confidence index rises to five-month high on expectations that mortgage rates will drop in the coming months

Home-builder confidence rose in February, with the industry expecting the Federal Reserve to cut interest rates later this year, which could boost demand for homes.

Temenos stock price dives as short-seller Hindenburg takes aim

Shares in a Swiss software maker plunged as much as 34% on Thursday after short-seller Hindenburg Research accused the company of manipulating its accounts.

The lawyer who beat Trump twice stands to make a fortune for doing so

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I’m 60 and want to withdraw $250,000 from my 401(k) to pay off the mortgage and bills. Is that a smart thing to do?

When you withdraw from your 401(k), not only are you paying taxes on that distribution, but you’re also curtailing potential investment returns

U.S. industrial output drops 0.1% in January

Industrial production fell 0.1% in January, the Federal Reserve reported Thursday. Manufacturing alone fell 0.5% after a 0.1% gain in the prior month.

SunPower’s stock charges up after additional financing, waivers secured

Shares of SunPower Corp. were boosted Thursday, after the troubled solar panels and systems company said it secured new funding and waivers from its financial partners, which the company believes will allow it to “navigate current industry headwinds.”

Ratcliffe’s Manchester United deal gets Football Association approval, but shares slide

Manchester United has clinched approval from the Football Association for British billionaire Sir Jim Ratcliffe’s acquisition of a 25% minority stake in the iconic English club, although its shares tumbled in premarket trades Thursday.

This AI startup has the backing of Jensen Huang, Joe Montana and Jefferey Katzenberg

They’re all backing enterprise AI startup Alembic, fresh off $14 million in series A funding led by WndrCo, the venture-capital firm started by DreamWorks founder Katzenberg, and others including Liquid 2 Ventures, the venture-capital firm started by Montana.

Two regional Fed factory gauges rebound in February

The numbers: The New York Both the Philadelphia Fed and the New York Fed’s Empire State manufacturing gauges rebounded in February, according to new data released Thursday.

Import prices climb 0.8% in January, up 0.7% minus fuel

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Jobless claims decline by 8,000 to 212,000 in Feb. 10 week

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