Housing market: A gauge of future home sales just turned negative despite 9 weeks of falling mortgage rates
Mortgage rates have been coming down, but there has yet to be a spike in homebuying activity—and one leading indicator...
Finance
What oil CEOs really think about Trump’s management of the oil sector: ‘Those who can are running for the exits’
Oil companies may have President Donald Trump cheering them on from the bully pulpit. But in the oil patch, the...
Trump ramps up retribution campaign with push for AG to hasten pursuit of ‘justice’ against his foes
Eight months into his second term, President Donald Trump’s long-standing pledge to take on those he perceives as his political enemies has...
Cracker Barrel foe urges shareholders to vote against ‘worse than mediocre’ CEO after disma
Activist investor Sardar Biglari launched his eighth proxy battle at Cracker Barrel after the dining chain reported disappointing fourth-quarter earnings...
Days after calling herself a ‘staunch capitalist’ before a sitdown with socialist Zohran Mamdani, Kathy Hochul endorses him
Gov. Kathy Hochul on Sunday urged New Yorkers to vote Zohran Mamdani for mayor of New York City, giving the Democratic nominee one of...
Ray Dalio calls for ‘redistribution policy’ when AI and humanoid robots start to benefit the top 1% to 10% more than everyone else
Legendary investor Ray Dalio, founder of Bridgewater Associates, has issued a stark warning regarding the future impact of artificial intelligence...
Tylenol maker’s stock lost billions after a rumor linking the medicine to autism. Wall Street says buy the dip as one bank sees a ‘major overreaction’
This week, Kenvue, the consumer health spin-off from Johnson & Johnson, found itself at the epicenter of a market tempest...
Geoffrey Hinton says AI will cause massive unemployment and send profits soaring
Pioneering computer scientist Geoffrey Hinton, whose work has earned him a Nobel Prize and the moniker “godfather of AI,” said...
McDonald’s CEO is grappling with a ‘two-tier economy’ as he slashes prices on value meals
McDonald’s is banking on burgers and fries to tell a bigger story about the American economy. Chief Executive Chris Kempczinski...
Trump’s trade adviser says tariffs aren’t permanent after court strikes down reciprocal duties
White House senior counselor for trade and manufacturing Peter Navarro said Sunday that President Donald Trump’s tariffs are not permanent as...
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