High Mortgage Rates Have Prevented the Sale of More Than a Million Homes in the U.S.
Key Takeaways There are about 50 million active mortgages in the United States, most with …
‘March Madness’ Sports Betting Is Big Business
Key Takeaways Legal betting on this year’s “March Madness” NCAA basketball tournaments is projected to …
Lululemon, Nike Stocks Fall Amid Soft Guidance
Key Takeaways The S&P 500 ticked 0.1% lower on Friday, March 22, 2024, retreating slightly …
Nvidia-Backed SoundHound AI Tumbled This Week on Short-Selling Report, Downgrade
KEY TAKEAWAYS Shares in SoundHound AI have plummeted this week after they were hit by …
Trump’s Truth Social To Go Public Via Merger With DWAC
Key Takeaways Digital World Acquisition Corp. shareholders on Friday reportedly approved the blank check company’s …
The Federal Reserve Could Ease This Anti-Inflation Policy Before Cutting Rates
Key Takeaways After the Federal Reserve’s Open Market Committee meeting this week, Chair Jerome Powell …
UK Regulator Set to Launch In-Depth Probe of Vodafone-Three Merger
KEY TAKEAWAYS The U.K. antitrust regulator is planning to further investigate the proposed merger of …
Nike Stock Falls Despite Earnings Beat as Retailer Issues Weak Sales Guidance
Key Takeaways Nike reported revenue and profit for the third quarter of fiscal 2024 that …
Fed Officials Increasingly Believe Economy Will Have ‘Soft Landing’
Key Takeaways Fed officials have penciled in higher economic growth and lower unemployment in the …
Micron Technology Stock Boosted By AI Demand
Key Takeaways The S&P 500 advanced 0.3% on Thursday, March 21, 2024, adding to its …