Articles

Mortgage rates fall for a second week in a row — and refinances soar 117%

Mortgage applications rose 16.8% in the last week, the Mortgage Bankers Association said.

Wells Fargo strategist says investors may face 1995 rerun once Fed cuts rates

1995 was a period when the Fed embarked on a rate-cut cycle that may have parallels to what the markets are expecting for September.

Large money managers have to disclose their investments. Here’s how to find them.

13-F filings allow anyone to see into the portfolios of the largest institutional investment managers — but you should take them with a grain of salt.

Seth Klarman’s Baupost Group cuts stake in Alphabet and snaps up Humana

The Boston hedge fund, which manages $4 billion in assets, cut its stake in the Google owner following a slump in its share price

‘Not tipping 20% makes you look like a fascist’: Why has tipping, once branded as ‘un-American’ and ‘anti-democratic,’ become such a hot political issue?

Tipped workers only comprise 2.5% of the workforce.

Norway sovereign wealth fund credits AI investments with first-half gain

Norway’s sovereign wealth fund touted its investments in the picks and shovels of the artificial-intelligence revolution as its first-half performance virtually matched its benchmark.

‘He does not give his wife a penny’: How can my sister — short of divorce — gain access to her husband’s money?

‘She works for her own money, is not paid well for her occupation and sometimes has nothing to spend at all’

UBS smashes forecasts as it prepares for ‘next phase’ of Credit Suisse takeover

The Swiss bank comfortably surpassed analysts forecasts as it outlined plans to reap the benefits of its takeover of its main domestic rival Credit Suisse

British pound and bond yields slip after U.K. inflation rises less than expected

The British pound and government bond yields fell early Wednesday after U.K. inflation rose less-than-expected last month, increasing the chances of further interest rate cuts by the Bank of England.

Intuitive Machines targets early 2025 for next moon launch

Intuitive Machines Inc., which made history with the first successful commercial moon landing earlier this year, it planning to launch its next mission to the lunar surface in early 2025, the company said Tuesday.

Justice Department considering breaking up Google, among other options: report

The Justice Department is weighing a potential breakup of Google, among other options, Bloomberg News reported on Tuesday.

Activist investor Elliott plans to start proxy fight with Southwest: report

A major activist investor with a big stake in Southwest Airlines Co. is escalating its fight with the air carrier, with plans to wage a proxy battle and nominate a slew of candidates to the company’s board, according to a report on Tuesday.
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