Section · page 8
Economy archive — page 8 of 22, newest and highest-significance first.
Several stocks showed the biggest price changes during midday trading. Among them were Apple, Amazon, Reddit, GoDaddy and IES Holdings. The moves were highlighted in a CNBC midday market report. No further details about direction or size were given in the headline.
The government agreed to a $23 billion settlement with student loan borrowers. About 450,000 borrowers who were misled by their schools can have their loans cancelled. These borrowers attended colleges that gave false information about job prospects or costs. The forgiveness will be applied automatically to those who qualify.
Scammers are running a huge illegal business that makes billions of dollars. Experts say the U.S. government is not doing enough to stop them. They recommend stronger international cooperation, better sharing of information, and holding companies accountable.
Democrats are looking for ways to make life more affordable for Americans. They want to do this without increasing the federal budget deficit. Their plan includes keeping inflation close to the Federal Reserve’s 2 percent goal. They also want to support policies that help household incomes grow.
Leonardo, an Italian defense company, expects to sign more contracts as European countries increase their defense budgets. It plans to pursue more mergers and acquisitions to grow its capabilities. The company raised its financial outlook for 2026, showing confidence in rising demand. Leonardo aims to meet the growing need for defense equipment in Europe.
{"The Hill says that having many energy resources does not mean we have enough usable energy.","It argues that the United States is in an 'energy hellscape' with high prices and unreliable supply.","The article warns that confusion between resource abundance and actual energy availability can lead to bad policy."}
Used electric vehicle prices have gone up this year. This is unusual because used car prices usually fall. Experts say lower new‑EV prices and high gasoline costs are driving the trend.
Many consumer companies are choosing to stay private instead of going public. They are using secondary markets to raise money and give early investors a way to sell shares. Experts say the liquidity environment is stronger now, making it easier to remain private longer.
U.S. stock markets have become more volatile recently. This volatility often appears when the Federal Reserve is changing its policy. Analysts at RBC say such periods can create chances to buy stocks at lower prices. They call this a 'valuation opportunity' for investors.
The US Senate is looking at a bill that would impose high taxes on Russian energy exports. The bill is named after the late Senator Lindsey Graham. If it becomes law, it could lead to 100% tariffs on certain goods from India and China that are tied to Russian energy. This would mean the United States might charge double the usual price for those imports.
The Bank of Japan kept its key interest rate at 1 percent. It said that underlying inflation is still above its 2 percent target. The bank warned that price pressures remain strong. Some analysts think the BOJ may raise rates faster later.
{"Jersey Mike’s, a sandwich chain, used to spend almost no money on online advertising.","Now the company plans to increase its digital marketing budget.","The CEO said this change is needed to reach younger customers.","Jersey Mike’s became a publicly traded company recently."}
The Trump administration wants to reopen some closed oil refineries in the United States. One of them is in the Virgin Islands, which has been struggling to operate. The move is meant to lower high gasoline prices that have risen because of tensions with Iran.
Reformation, a women's clothing brand, started trading on the New York Stock Exchange on Thursday. Its shares were priced at $15 each in the IPO and opened at the same price, so the stock did not move up or down. The company sold 14,062,500 shares, raising about $211 million. It trades under the ticker REF and listed the same day as the sandwich chain Jersey Mike's.
{"Many people in Generation Z are now turning 30 years old.","A recent article says they should think about new money moves for this stage of life.","It notes that advice from their parents may no longer fit today's world.","The article suggests updating financial plans to match current conditions."}
The Fed's favorite inflation measure, called PCE, dropped for the first time since the COVID‑19 pandemic began. The drop happened because gasoline prices fell after a short‑term truce between the US and Iran. Despite the fall, officials warn that inflation is still a problem and could rise again. The PCE index tracks how much prices change for goods and services that people buy.
Wealth managers are seeing their clients use AI chatbots for financial advice. These chatbots can answer questions about investments and savings. Some advisors worry the bots could take away business. However, leaders say the human relationship is still important.
About 50% of small and medium-sized company stocks are now losing money. This means their share prices have fallen below what investors paid. The trend shows a shift where only a few big winners do well. Many investors are seeing losses in these parts of the market.
Social Security’s biggest problem isn’t a design flaw. It’s a missing trust fund.
How much does it cost to refinance? Plus, lenders that offer affordable options
Adidas is a sportswear company. Its investors are unhappy. Adidas' stock price went down 17%.
My friend and her husband own extensive real estate. How can her children from a previous marriage get their fair share?
Jeep maker Stellantis swings to profit on rising demand in North America; shares fall 5%
JPMorgan says a sector with strong growth has been ignored. The bank likes stocks from Eli Lilly, AbbVie, and Danaher Corporation. This sector is important for the economy.
The Federal Reserve decided to keep interest rates unchanged on Thursday. After the decision, investors sold U.S. Treasury bonds, causing yields to rise. The Fed was split, with some officials favoring a rate cut and others wanting to wait. This disagreement added uncertainty to the market.
We're raising our price target on Starbucks after a home-run quarter
OpenAI CFO Sarah Friar tells employees that annualized revenue in July topped all of Q2
The United States Oil Fund (USO) is an exchange‑traded fund that tracks oil prices. Since the Iran war began, USO has risen about 58 percent. In the same period, WTI crude futures have gained less than half that amount. This makes the ETF look like a stronger investment than the futures contract.
Bond yields rose sharply as investors doubted the Fed's inflation fight. The 30-year Treasury yield reached its highest point since 2007 during a press conference by Fed official Warsh. Investor Jeffrey Gundlach said the bond market is signaling the Fed must act on inflation. He added that different movements in the Treasury curve show skepticism about the Fed's follow‑through.
Fed keeps rates steady. The big question now: What will Microsoft and Meta say on AI capex?
I’ve seen families destroyed by this common estate-planning mistake. Here’s how to protect yours.
SK Hynix is a South Korean company that makes computer chips. After their U.S. shares debuted this month, some traders started betting against them. This means they think the company's shares will go down in value.
SoFi's stock is going down. The company's earnings were better than expected, but investors were not happy. They wanted more information about the company's future.
Jim Cramer, a well-known investor, thinks it's a good time to buy more shares of a company that makes computer chips. He said this during a daily meeting with his Investing Club. The Investing Club meets every weekday at 10:20 a.m. to discuss investments.
US politicians Warren and Schiff asked the SEC to investigate Trump Media. Trump Media has a paid service that gives users faster access to Trump's posts. This service is on the social media platform Truth Social.
Humana tops quarterly estimates, maintains profit outlook as medical costs stay in line
Why shareholders are suing Novo Nordisk over next-generation weight-loss drug
Think a 1% advisory fee sounds cheap? It is actually eating 15% of your investment returns.
The Most Interesting Part of Your Life
A person is 67 years old and has a pension of $140,000. They are asking if they should wait until age 70 to get Social Security money. This waiting might help their wife receive more benefits too. If they claim now, their income will be $30,000 less than it could be.
