Without forward guidance and a basic tie with the monetary policy forecasts for the rest of the year, the June Federal Open Market Committee meeting left Fed watchers debating whether a rate hike would increase the cost of short-term borrowing costs in 2026. Goldman Sachs, in a note emailed to TheStreet, said a majority of […]

Robinhood (HOOD) markets confirmed plans to sell $2 billion in convertible senior notes due 2029, and the stock dropped 2.2% in premarket trading on the news. A debt sale tied to a stock buyback usually reads as a vote of confidence. The fine print on this one tells a different story about what Robinhood’s bankers

Chevron (CVX) and Microsoft (MSFT) announced a 20-year power purchase agreement on June 22 to build a natural gas-fired power plant in West Texas dedicated to supplying electricity to a Microsoft data center campus. The project, named Project Kilby, sits on more than 2,000 acres in Reeves County near the city of Pecos, deep in

It feels like a tough time to buy a house in America. Monthly housing payments are at an annual high, home prices are inching up, and mortgage rates are still around 6.5%. In my years of reporting on the housing market, I’ve seen that mortgage purchase applications typically decrease when homebuyers consider mortgage rates to

2025 was a rough year for electric vehicle sales in the U.S. Despite a record-setting pace through the first three quarters of the year, thanks to the expiration of the $7,500 tax credit, EV sales dropped so far off a cliff in the fourth quarter that many of the top internal combustion engine vehicle makers

With a grueling and prolonged heat wave continuing to engulf large swaths of France into the start of this week, temperatures that are now expected to top 40 Celsius (104 Fahrenheit) have led local authorities to put in place a number of emergency measures that restrict public activities. While French laws normally allow drinking alcohol

Clothing retailers often blame a long list of economic problems for their financial distress. Among the problems are rising costs of products and labor, driven by inflation and tariffs; consumers’ changing attitudes toward shopping at brick-and-mortar retailers; overmarket lease rates; and rising interest rates on debt obligations for closing stores and filing for bankruptcy. Unsustainable overhead is

Micron Technology (MU), the largest U.S, memory chipmaker, announced a strategic agreement with Anthropic on Monday that bundles three things together: a technical collaboration on AI memory design, a new multiyear supply contract, and a stake Micron already holds in Anthropic’s funding round. The investment itself is not a recent development. What changed Monday is

TheStreet aims to feature only the best products and services. If you buy something via one of our links, we may earn a commission. Why we love this deal In this day and age, personal electronics have become an important part of our daily lives, for better or worse. It’s not always easy to find

Tesla’s recovery in Europe has been remarkable. Europe, the world’s second-largest EV market behind China, seemed done with the company in 2025. Tesla (TSLA) lost market share in European countries where it had previously been popular as the influx of cheaper Chinese models and CEO Elon Musk’s foray into politics eroded his personal brand and