Articles

There’s more good news on inflation. Americans may have a hard time believing it.

Purchasing power for the average household actually increased from 2019 to 2023, a government report found. But higher earners are still coming out on top.

‘Real Housewives’ star Sonja Morgan is auctioning off her N.Y. townhome—no reserve

“Real Housewives of New York” star Sonja Morgan is preparing to auction off her Upper East Side townhome after trying to sell it for over 10 years.

The stylish, coupe-like 2025 BMW X6 SUV—a niche model worth serious consideration

The 2025 BMW X6 puts a coupe-styled roof on a midsize luxury SUV’s foundations, then adds extra poise and equipment.

ECB’s Schnabel lobbies against back-to-back rate cuts

European Central Bank board member Isabel Schnabel pushed back on the idea of back-to-back interest rate cuts, saying inflation risks are still tilted to the upside.

Citron Research’s Andrew Left says he is shorting GameStop again after his 2021 short flopped

The short seller said he has started betting against GameStop this week after its share price surged on excitement over social media posts by Roaring Kitty

Shift in market environment makes ‘accident’ more likely, says Nomura pro

Markets are returning to the traditional relationship between stocks and volatility that leaves markets more prone to an accident, according to one market observer.

China eases mortgage rules in latest push to aid property sector

China’s financial regulators said Friday that they would remove the mortgage rate floors for first and second homes, and lower minimum downpayment ratios for first-time homebuyers.

Amgen gets FDA approval for small-cell lung-cancer treatment

Amgen on Thursday received approval from U.S. regulators for its drug to treat a form of late-stage lung-cancer.

‘Grand Theft Auto VI’ won’t come until fall 2025, and Take-Two shares slip

Shares of videogame maker Take-Two-Interactive Software Inc. fell 2% in after-hours trading Thursday after the company said its highly anticipated “Grate Theft Auto VI” game won’t be released until fall 2025, and lowered its bookings forecast for the current fiscal year.

New York Community Bank COO Julie-Ann Signorille-Browne is stepping down

Browne’s departure follows a slate of recent executive exits at NYCB.

Reddit shares climb on ChatGPT deal with OpenAI

Shares of Reddit Inc. rose 10% in extended trading Thursday after the social-media platform announced a partnership with OpenAI.

Chubb raises dividend 5.8% after Berkshire-related stock boost

Chubb on Thursday raised its dividend 5.8%, which the company said marked its 31st consecutive hike.
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