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Massive debt-fueled deals are back on Wall Street
These big, bolder bets are becoming more interesting, and people are willing to try them because of the financing that’s available,” said Matthew Toole, director of deals i
President Trump says Nvidia can sell H200 AI chips to China, but does that change anything?
President Trump posted on X: "I have informed President Xi, of China, that the United States will allow NVIDIA to ship
S&P 500 ends slightly down as investors await Fed rate decision
The S&P 500 ended Tuesday's session slightly lower as investors anticipated that the Federal Reserve would take a hawkish tone even if it cuts interest rates this week, while JPMorgan was the
Home Depot issues warning on housing market, economy
As essential a retailer as Home Depot is, the company has been struggling as of late. In its most recent earnings report, Home Depot revealed that comparable U.S. sales only increased by 0.1% on a
From mortgages to car loans: How affordability rises and falls with the Fed
Affordability in America increasingly comes down to one institution, the Federal Reserve, whose decisions ripple through nearly every household budget.
Silver hits $60 for the first time—here’s why prices are outpacing gold
Silver prices rose to a record high Tuesday, surpassing the $60 milestone for the first time as the precious metal has outpaced gold this year amid a global supply squeeze and another expected
Asian benchmarks mostly decline as investors anticipate US rate cut
Asian shares were mostly lower, trading in a narrow range ahead of a Federal Reserve meeting later Wednesday that's expected to result in the third cut to interest rates this year. Japan's benchmark
GameStop’s bitcoin holdings — and sales — slide
Tuesday after the specialty retailer showed sliding quarterly sales and profits, and saw the value of its bitcoin holdings drop as well. GameStop, whose shares were among the first to gain a massive
Fed likely to lower borrowing costs this week, but follow-up rate cuts face longer odds
The Federal Reserve faces an unusually contentious meeting this week that will test Chair Jerome Powell's ability to corral the necessary support from fellow policymakers for a third straight
Oracle set to report earnings as Wall Street looks for cracks in the AI bubble
Oracle (ORCL) is set to report quarterly earnings after the bell on Wednesday. Wall Street is closely watching the cloud firm's results for any signs of cracks in the AI bubble. The fast-growing AI
PK Management to close facility in Richmond Heights
Property management company PK Management is closing its facility in Richmond Heights, resulting in the loss of nearly 70 jobs. The company filed a Worker Adjustment and Retraining Notification
JPMorgan Chase, Merck share losses lead Dow's nearly 125-point drop
The Dow Jones Industrial Average is falling Tuesday afternoon with shares of JPMorgan Chase and Merck seeing the biggest losses for the index. Shares of JPMorgan Chase and Merck have contributed to
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