Why the Fed may be done cutting interest rates, once and for all
After their meeting Wednesday, Fed officials held interest rates steady in a range of 4.25% to 4.5%. In December, officials had penciled in two quarter-point cuts for 2025. Also read: Powell takes ...
'My mother-in-law has done some shady stuff': She wants to sell air rights to her home and cheated her grandchildren out of their inheritance
That didn't happen.' Dear Quentin, My mother-in-law has done some shady stuff. I saw her father's will when he passed away. She and a brother conspired to keep a larger portion of the estate for ...
Don't count on 'Magnificent Seven' stocks repeating their winning streak this year, these Wall Street gurus warn
Burt Malkiel, economist and author of 'A Random Walk Down Wall Street,' calculated what would happen if you only bought last year's winning stocks Just because a stock outperformed last year doesn't ...
CAC 40 Index Ends 0.88% Higher at 7941.64 — Data Talk
The CAC 40 Index is up 69.16 points or 0.88% today to 7941.64 --Largest one day point and percentage gain since Friday, Jan. 17, 2025 --Off 3.62% from its record close of 8239.99 hit Wednesday, May 15 ...
Strong Prescription Trend and Growing Specialty Business Add Fuel to Cardinal's Momentum
Cardinal's pharmaceutical and specialty solutions segment distributes branded, generic, and specialty drugs and over-the-counter healthcare and consumer products. Cardinal plays a central role in the ...
HPE, Juniper Networks Shares Slide After DOJ Sues to Block $14 Billion Deal
Shares of Hewlett Packard Enterprise and Juniper Networks fell after the Justice Department sued to block HPE's $14 billion acquisition of its rival wireless-technology provider. HPE's stock was ...
Gold Futures Set New Record on Safe-Haven Demand, Weaker U.S. Dollar — Update
Continuous gold futures on the New York Mercantile Exchange rose 1.7% to $2,839.70 a troy ounce in European evening trading, having reached as high as $2,853.20 earlier in the session. The prior ...
Toronto Stocks Climb on Tech Sector Strength; Celestica Rises on 4Q Beats, Upgraded Outlook
In step with the tech gains of the day, Celestica shares rallied, gaining 16% to reach 167.80 Canadian dollars ($116.36) after reporting better-than-expected fourth-quarter results late Wednesday as ...
Selling your house? Here's how long you'll have to wait for a buyer.
When rates rose at the end of 2024, buyers pulled back. Pending home sales, which refer to the number of contracts signed to purchase a home, fell 5.5% in December. It was the first drop in five ...
UPS to cut its Amazon business by more than 50%. Here's why.
UPS's stock tumbled 17% in midday trading, putting it on track to break the current record selloff of 12.1% seen on July 23, 2024. It was by far the biggest decliner in the S&P 500 index SPX and was ...
Comcast's broadband woes may fuel the stock's worst day in 16 years. What's next?
The company lost 139,000 subscribers in its residential broadband business during the fourth quarter, when factoring in some negative impact associated with hurricanes Milton and Helene. Analysts ...
Kering Sells Italian Luxury Outlets to Simon Property Group
Kering said it finalized the sale of The Mall Luxury Outlets in Italy to U.S. retail investment trust Simon Property Group. Kering--which houses Gucci, Saint Lauren and Balenciaga--said Thursday that ...