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This week’s aggressive Fed rate cut could provide some breathing space for distressed companies, notes one bankruptcy attorney.
T-Mobile Chief Executive Mike Sievert says it’s “nonsense” that the iPhone 16 line’s preorder sales are underwhelming.
The package-delivery giant said reduced demand for priority services and higher operating costs weighed on results.
Short selling of shares in Trump Media & Technology Group has risen ahead of the expiration Friday of the lockup on insider sales.
Gen Z’s need for “stability, sustainability and safety” in the workplace is due in part to the fact that it started working during the COVID-19 era
“There still are opportunities here,” Erik Aarts at Touchstone Investments said.
“As frequent bond issuers, big tech loves lower rates.”
Gold glitters, while investors face recession jitters.
The leading indicators for the U.S. economy sank 0.2% in August, the privately run Conference Board said Thursday. That is the sixth straight monthly decline.
The Philadelphia Federal Reserve Bank said Thursday its gauge of regional business activity rose to 1.7 in September from negative 7 in the prior month.
