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Yellen Says Higher-for-Longer Scenario Is ‘By No Means a Given’

Jennifer DuBois -
(Bloomberg) -- Treasury Secretary Janet Yellen said a surprisingly resilient US economy has prompted investors to question what it will take to bring...
Business

Dow Slammed 500 Points With McCarthy Speaker Post In Peril

Jennifer DuBois -
The Dow Jones Industrial Average took a big hit in the stock market today, at one point falling more than 500 points (more...
Business

VinFast Stock Slides Below Listing Price After Warning of Insider Share Sales

Jennifer DuBois -
Shares of once-hot Vietnamese electric-vehicle maker VinFast are down about 5% Tuesday, a day after they tumbled 22% and dropped below their listing...
Business

Mortgage Rates Jump Back Up, with 15-Year Average Hitting New High

Jennifer DuBois -
Calculate monthly payments for different loan scenarios with our Mortgage Calculator. The rates you see here generally won’t compare directly with teaser rates you...
Business

Air France-KLM Takes SAS Stake in $1.2 Billion Restructuring

Jennifer DuBois -
(Bloomberg) -- SAS AB chose Air France-KLM and private equity firm Castlelake LP to anchor a $1.18 billion investment in the bankrupt Scandinavian...
Business

Apple Stock Near All-Time High; Tops Growth Stocks Benchmark

Jennifer DuBois -
Apple (AAPL) investors are still waiting for a bounce in the tech behemoth's stock from the release of the iPhone 15, which went...
Business

Spiking bond yields are stoking financial chaos – and the Fed will have to clean up the mess, JPMorgan strategist says

Jennifer DuBois -
A financial crisis is brewing as bond yields soar, according to JPMorgan Asset Management's David Lebovitz."Eventually there's going to be a financial accident…...
Business

‘Autoworkers Will Not Have Any Jobs’: Donald Trump Slams UAW President, Warns That All EVs ‘Will Be Made In China’ — 2 Top EV...

Jennifer DuBois -
The United Auto Workers (UAW) union strike against Detroit's Big Three has now expanded to more than 25,000 members. According to former President...
Business

Sam Bankman-Fried Is a Terrible Client

Jennifer DuBois -
In the weeks after Sam Bankman-Fried’s FTX crypto exchange began to crumble last November, he chose to ignore the most basic piece of...
Business

If You Invested $1K In Tesla When It Released The Model S, Here’s How Much You’d Have Today

Jennifer DuBois -
Tesla is one of the most recognizable brands in the world. Not only is Tesla a leader in the electric vehicle (EV) space,...
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