Business
Average U.S. mortgage rate hits highest level in nearly 3 years
Mortgage rates marched higher for the seventh week in a row, driving the average long-term U.S. home loan rate to its hi…
Business
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Business
Gen Z spends less money but shops at more stores. New research explains why
They’re far more likely to take taxis or rideshares and drop some money gambling or in prediction markets, but they’re a…
Business
Hallador Signs $693 Million Indiana Utility Power Deal
Hallador Energy Co., a US coal miner and power producer, agreed to sell electricity to an Indiana utility in a deal spur…
Business
Hedge Funds That Won Big on Brazil Vote Bet on More Gains
Brazilian hedge-fund managers who outperformed by positioning for a strong showing by right-wing candidate Flávio Bolson…
Business
How traveling 200 days a year for work changes leadership
Since I entered the cotton industry, I’ve spent nearly 200 days a year traveling to farms, mills, factories, brand…
Business
The options market is reminding investors there’s a cure for rising bond yields — higher yields
The MOVE Index — the Treasury market’s “fear gauge” — has reached heights that in the past suggested yields may have pea…
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Private Credit Firms See Rare Growth Shortcut With BDCs for Sale
Private credit managers increasingly looking to offload battered funds are drawing interest from rivals eyeing cheap dea…
Business
Treasuries Rise as Lofty Yields Lure Demand to 30-Year Sale
US Treasuries rose after an auction of 30-year debt drew solid demand as long-dated yields edge away from their highest …
Business
Uniqlo Is Coming For Zara And The U.S. Could Decide The Winner
When Uniqlo's founder said he wanted the business to be the biggest fashion retailer in the world, it seemed fanciful. A…
Business
Elon Musk Suggests India’s Richest Person Mukesh Ambani Stymying Starlink Launch
Musk said earlier this week “certain oligarchs” were blocking Starlink from launching in India to allegedly protect thei…
Business
Starbucks could buy Chipotle in a blockbuster deal that would reshape fast food
Are the worlds of frappuccinos and guacamole colliding? If recent reporting proves out, that could be the case. Starb…
Business
Amazon cuts hundreds of jobs during one of its biggest shopping events of the year
Amazon’s latest flurry of layoffs will hit the company’s Stores division, the business unit responsible for its online r…
Business
Bond yields fell, as the Treasury market passed a crucial test of investor confidence
Higher bond yields aren’t only about inflation and the Iran war. But it means a higher cost of capital.…
Business
Ken Paxton is right. Tax cuts will mean Social Security and Medicare cuts.
It doesn’t matter if you are a Republican or Democrat. Math is math.…
Business
SpaceX Crew Capsule Splashes Down After ISS Stay
A SpaceX capsule carrying four astronauts returned from space and splashed down off the coast of California on Thursday,…
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Rising Yields Creates Value: JPMorgan's Berro
Brij Khurana, senior managing director and fixed income portfolio manager at Wellington, and Kelsey Berro, fixed income …
Business
Goldman Says Tech Bull Market Has Room to Run
Goldman Sachs Wealth Management’s Matt Weir says the recent concentration of market gains among a handful of large techn…
Business
Funko Expands ‘KPop Demon Hunters’ Line With Demon Saja Boys Pop! Release
The availability of "KPop Demon Hunters" toys based on the Oscar-winning Netflix movie musical is continuing to grow wit…
Business
Could Trump Cost Republicans Kansas? Unpopular Policies Have GOP Worried Of Long Unthinkable Senate Loss
At least two former Republican Kansas governors are backing Hamilton in the race.…
Business
How to provide guaranteed retirement income while paying no commissions
Unlike the stock market, whose future returns are anything but assured, a TIPS ladder’s payout is guaranteed.…
Business
How Corgi Is Using AI and Puppies to Upend ETFs
In this episode, we speak with its chief investment strategist to explore how Corgi launched hundreds of ETFs …
Business
Goldman’s Special Bonus for Top Brass Set to Exceed $500 Million
Goldman Sachs Group Inc.'s most senior leaders are set to unlock a special bonus that will rank among the biggest such p…
Business
Meta’s Muse is taking off. So are the privacy concerns
Welcome to AI Decoded, Fast Company‘s weekly newsletter that breaks down the most important news in the world of A…
Business
Hurricane Isaias tracker: Live maps show the storm’s path in real time as Gulf states brace for landfall
Tropical storm Isaias is building momentum in the Gulf and, as of Wednesday evening, strengthened into the first Atlanti…