Articles

Stocks are holding their own at these levels

The market seems to be trying to gather momentum for another push higher.

Subprime auto delinquencies fell in April — but it isn’t all good news

This year’s seasonal improvement appears worse than in previous years.

Norfolk Southern agrees to settlement of more than $300 million with federal government over East Palestine, Ohio, derailment

Norfolk Southern has reached a settlement with the federal government over last year’s derailment of one of the company’s trains in East Palestine, Ohio.

Why gold and silver are down for a third day in a row

Gold and silver were trading sharply lower Thursday, extending losses into a third straight session a day after minutes from the Federal Reserve showed that some policymakers were willing to raise interest rates if needed to fight inflation.

Mortgage rates fall below 7% for the first time in more than a month 

The 30-year mortgage rate is averaging at 6.94% Freddie Mac said in its latest weekly survey on Thursday.

Ralph Lauren’s fourth-quarter earnings beat offsets soft revenue guidance

Chief Executive Patrice Louvet said the company is now in the second year of its “Next Great Chapter: Accelerate” plan as it navigates a “highly dynamic global operating environment.”

Nvidia beats Apple and Tesla to become the largest holding in average retail portfolio

Step aside Apple and Tesla, retail investors may have a new favorite stock: Nvidia.

There’s a cash value to white privilege. This author calculated hers to be $372,000.

Journalist Tracie McMillan says she “understood enough about the world to know that I’m getting something for being white” — even if she, too, struggled financially.

Alibaba to sell $4.5 billion in convertible debt to fund stock buybacks

Alibaba’s stock fell Thursday, after the China-based ecommerce giant said it planned to sell $4.5 billion worth of debt that can be converted into cash for stock.

New-home sales dip as builders feel the toll of higher mortgage rates

New home sales at 634,000 annual rate in April, versus 665,000 in prior month.

Is the stock market open on Memorial Day? Does the post office deliver mail?

It will be a busy holiday weekend, with some 43.8 million Americans hitting the road, according to AAA.

Economy speeds up, S&P finds, but inflation is still a sore spot

The U.S. economy gained speed in May, a pair of S&P surveys found, and businesses were optimistic about future growth even as high inflation persisted.
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