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Elliott Hill will replace John Donahoe as chief executive next month, following months of struggles for the athletic-wear giant.

The package-delivery giant said reduced demand for priority services and higher operating costs weighed on results.

Federal Reserve Chair Jerome Powell did a “great job” of explaining the reasons for an aggressive interest-rate cut in a “non-scary way,” former New York Fed President William Dudley said Thursday.

Fed Chair Jerome Powell emphasized a policy “recalibration.” Investors like the sound of it.

Republican presidential nominee Donald Trump on Wednesday promised to cap interest rates for credit cards, but a veteran analyst predicts the plan wouldn’t get the congressional approval that it needs to become reality.

Mortgage rates inched up even though the Federal Reserve cut interest rates. Experts explain why this is a short-lived phenomenon.

T-Mobile Chief Executive Mike Sievert says it’s “nonsense” that the iPhone 16 line’s preorder sales are underwhelming so far.

Short selling of DJT stock has risen ahead of the lockup expiration on insider sales on Friday.

Regulators said Inspire Investments failed to meet the investment criteria it marketed, after a similar crackdown on “greenwashing” among ESG funds.

Progyny Inc.’s stock tumbled 31% Thursday, to put it on track for its biggest-ever one-day decline, after the provider of fertility-care benefits for employers said a “significant” client had terminated its agreement with the company.

“There still are opportunities here,” Erik Aarts at Touchstone Investments said.

The analyst community isn’t taking the former president’s proposal too seriously, and is instead looking at Trump’s bank-friendly first term as a guide for how investors should play a possible second Trump term.