The Federal Reserve announced at its April 28-29 meeting that is keeping the federal funds rate unchanged. This decision was widely expected among economists and investors. In my decade of reporting on mortgages, I’ve learned…
Starbucks just posted its best quarter in years. Foot traffic is up. Sales are up. Profits are up. But Starbucks (SBUX) CEO Brian Niccol isn’t celebrating with coupons. When Niccol took the helm in late…
Bloom Energy (BE) stock has been on an unbelievable run, up more than 1,400% over the past year, and shares jumped again after the company landed a massive AI data center power deal with Oracle,…
American Airlines just made a billion-dollar bet that its airplanes are worth more than its credit rating suggests. The Fort Worth-based carrier launched a $1.14 billion bond offering on April 27, pledging 32 aircraft as…
Americans have been paying closer attention to their savings accounts, seeking to get the most out of high-yield accounts. For years, many consumers accepted low yields on savings because not many better options existed. But…
There’s a particular kind of stock that Wall Street loves to forget about. It had its moment, faded into irrelevance, and became the punchline of a Reddit meme cycle that made things worse before they…
There is a long tradition in American business of paying executives more than the company itself has earned. It gets defended on the grounds that great talent must be lured, that risk must be rewarded,…
Transcript:Caroline WoodsMarkets are near all time highs. And Bill Ackman is launching a new fund right into it. So why now? Joining me is Bill Ackman CEO of Pershing Square. Bill congratulations. Bill AckmanThank you…
Carvana investors had their confidence shaken last quarter after the online auto retailer missed analyst fourth-quarter expectations. But the stock has recovered nicely over the past month, climbing nearly 40% and putting shares back 1%…
The SAVE plan – it’s officially over. And now seven million borrowers must figure out what to do next. In a recent interview, Becca Craig, a financial adviser with Focus Partners Wealth, explained the options…