Articles

Credit-card interest rates have been hitting record highs, but they might have just peaked

Credit-card holders with whiplash from two years of fast-climbing interest rates and fast-growing balances just got a little bit of good news.

‘Worn-out’ investors are contributing to AMC’s stock slide, Stocktwits says

Shares of movie-theater chain and original meme-stock darling AMC continued their slide Wednesday

Fisker loses its biggest bull as EV maker’s stock breaks the buck

Shares of Fisker Inc. extended their losses below $1 after the electric-vehicle maker lost its most bullish analyst, who cited the company's continued accumulation of "unanticipated growing pains" for his loss of faith.

VanEck to liquidate its bitcoin futures ETF after launching spot fund

VanEck said Wednesday that it will liquidate its bitcoin futures exchange-traded fund at the end of this month, as the firm expects investor appetite to shift to newly approved funds investing directly in the cryptocurrency.

Fed’s Beige Book finds signs of cooling labor market across most of the country

There were signs that the labor market was cooling in nearly all regions of the country, according to a Federal Reserve survey released Wednesday.

Netflix’s ad model and sharing crackdown are paying dividends

Rosy outlooks from Wall Street are being fueled by a digital ad market that "appears to be holding up relatively well as we exit 2023 and enter 2024," Piper Sandler analyst Matt Farrell wrote Tuesday.

‘The industry weathered the storm’ of bank failures in a difficult 2023, says Bank of America Chief Executive Brian Moynihan

Banks "figured out" what banks can do and what they shouldn't do.

Why no recession (so far)? You, the American consumer

American consumers were supposed to crumple under the weight of rising interest rates last year. Instead they gave a big lift to the economy and kept it out of recession.

Bipartisan deal could boost the child tax credit — but wouldn’t bring back the generous 2021 version. Here’s what it would mean for your taxes.

'This is a meaningful change,' says one federal-tax policy expert.

Can AI and a supercomputer beat the markets? This is one of the hedge funds trying to find out. 

Castle Ridge is tiny and based in a hedge fund backwater. But Adrian de Valois Franklin is betting artificial intelligence will give it an edge.

Child actress turned fashion mogul Ashley Olsen lists her chic NYC loft for $7.3 million

Ashley Olsen the child star of 'Full House' and co-founder of luxury fashion label The Row, has put her chic New York City loft on the market for $7.25 million.

Jamie Dimon says ‘it’s a mistake to assume everything is hunky-dory’

JPMorgan Chase CEO worries about "very powerful forces" in 2024 and 2025, including war and fiscal policy.
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