Homes in Hercules, California, US. Bloomberg | Bloomberg | Getty Images After surging over 8% in October, mortgage rates are falling back toward 7% again, and that is jump-starting the refinance market. Last week, the average contract interest rate for 30-year fixed-rate mortgages with conforming loan balances ($726,200 or less) decreased to 7.17% from 7.37%,

In this article WFC Follow your favorite stocksCREATE FREE ACCOUNT Charlie Scharf, CEO, Wells Fargo, speaks during the Milken Institute Global Conference in Beverly Hills, California on May 2, 2023. speaks during the Milken Institute Global Conference in Beverly Hills, California on May 2, 2023.  Patrick T. Fallon | Afp | Getty Images Wells Fargo

A Shein Group Ltd. pop-up store inside a Forever-21 store in the Times Square neighborhood of New York, US, on Friday, Nov. 10, 2023.  Yuki Iwamura | Bloomberg | Getty Images Lawmakers are ramping up their scrutiny of Shein after it confidentially filed to go public last week. One congressman who sits on a key

In this article MCD Follow your favorite stocksCREATE FREE ACCOUNT French fries arranged at a McDonald’s Corp. fast food restaurant in Louisville, Kentucky, U.S., on Friday, Oct. 22, 2021. Luke Sharrett | Bloomberg | Getty Images McDonald’s is expected to share new details about its accelerated expansion plans, a new spinoff brand called CosMc’s and

In this article HA ALK Follow your favorite stocksCREATE FREE ACCOUNT An Alaska Airlines aircraft flies past the U.S. Capitol before landing at Reagan National Airport in Arlington, Virginia, U.S., January 24, 2022. Joshua Roberts | Reuters Alaska Air Group‘s executives spent months working on its plan to buy rival Hawaiian Airlines. The airlines’ leaders

In this article ALK HA Follow your favorite stocksCREATE FREE ACCOUNT Alaska and Hawaiian Airlines planes takeoff at the same time from San Francisco International Airport (SFO) in San Francisco, California, United States on June 21, 2023.  Tayfun Coskun | Anadolu Agency | Getty Images Alaska Air Group has agreed to buy rival Hawaiian Airlines

Shoppers walk around Twelve Oaks Mall on November 24, 2023 in Novi, Michigan.  Emily Elconin | Getty Images Retailers are cheering after shoppers spent big on gifts and decor in the days after they gobbled up turkey and stuffing. But the strong showing does not necessarily mean those companies will have blowout success in their

A Panera Bread mango yuzu citrus charged lemonade is displayed at a Panera Bread restaurant in Novato, California, on Nov. 1, 2023. Justin Sullivan | Getty Images Panera Bread has confidentially filed to go public again, people familiar with the matter told CNBC. The restaurant chain, known for its soups, sandwiches and bagels, has been

In this article PARA WBD Follow your favorite stocksCREATE FREE ACCOUNT Jakub Porzycki | Nurphoto | Getty Images Media stocks jumped Friday following a Wall Street Journal report that Apple and Paramount Global are in early-stage talks to offer a bundle of the two company’s streaming platforms. The companies have talked about bundling Apple TV+

In this article PFE Follow your favorite stocksCREATE FREE ACCOUNT Sopa Images | Lightrocket | Getty Images Pfizer’s twice-daily version of its experimental weight loss pill has now joined a long list of other scrapped drugs that aimed to treat obesity but came with unintended consequences.  The drugmaker on Friday said it will stop developing

In this article LUV Follow your favorite stocksCREATE FREE ACCOUNT Southwest Airlines Boeing 737-700 aircraft is seen landing at dusk time at Ronald Reagan Washington National Airport in Arlington, Virginia. Nicolas Economou | Nurphoto | Getty Images Southwest Airlines and its pilots’ union are closing in on a new contract that would raise pay for

A Falcon 9 rocket launches a Starlink mission on January 31, 2023 from Vandenberg Space Force Base in California. SpaceX Amazon bought three rocket launches from SpaceX for its Project Kuiper internet satellites, the tech giant announced on Friday. The move is a surprise from Amazon, given the company’s Kuiper system aims to compete with

In this article PFE Follow your favorite stocksCREATE FREE ACCOUNT CFOTO | Future Publishing | Getty Images Pfizer on Friday said it would stop developing the twice-daily version of its experimental weight loss pill after obese patients taking the drug lost weight but had trouble tolerating the drug in a mid-stage clinical study.  The drugmaker

Pending home sales, a measure of signed contracts on existing homes, dropped 1.5% in October from September. They hit the lowest level since the National Association of Realtors began tracking this metric in 2001, meaning it’s even worse than readings during the financial crisis more than a decade ago. Sales were down 8.5% from October

In this article PFE MRNA NVAX Follow your favorite stocksCREATE FREE ACCOUNT A sign advertises Covid vaccine shots at a Walgreens Pharmacy in Somerville, Massachusetts, on Aug. 14, 2023. Brian Snyder | Reuters Three years into the Covid-19 pandemic, few Americans are rolling up their sleeves to get a Covid vaccine.  Only 15.7% of U.S.

In this article DIS Follow your favorite stocksCREATE FREE ACCOUNT Nelson Peltz, founder and chief executive officer of Trian Fund Management, during the Future Investment Initiative (FII) Institute Priority Summit in Miami, Florida, US, on Thursday, March 30, 2023. Marco Bello | Bloomberg | Getty Images Activist investor Nelson Peltz and his firm, Trian Partners,

In this article 7267.T-JP RIVN TSLA 7203.T-JP LCID Follow your favorite stocksCREATE FREE ACCOUNT United Auto Workers President Shawn Fain, middle, visits striking UAW Local 551 workers outside a Ford assembly center on South Burley Avenue on Saturday, Oct. 7, 2023, in Chicago.  John J. Kim | Tribune News Service | Getty Images The United

In this article SAVE Follow your favorite stocksCREATE FREE ACCOUNT A Spirit Airlines plane takes off at Los Angeles International Airport in Los Angeles, June 1, 2023. Mario Tama | Getty Images Spirit Airlines is offering voluntary exit packages to salaried employees, the budget carrier’s latest cost-cutting measure as it expects financial strains to continue

In this article GM Follow your favorite stocksCREATE FREE ACCOUNT Mary Barra, Chair and CEO of the General Motors Company (GM), speaks during the Milken Institute Global Conference in Beverly Hills, California, on May 2, 2022. Patrick T. Fallon | AFP | Getty Images General Motors is seeking to regain Wall Street’s confidence leading into

A pedestrian passes in front of a statue of a bull in the Wall Street area in New York City. Doug Kanter | AFP | Getty Images Family offices now have more of their money invested in private markets than the public stock market — even as the market rallies — according to a new

Bob Iger, Disney, at Apple program Source: Apple Disney Chief Executive Officer Bob Iger told employees Tuesday during an internal town hall that he is looking forward to “building again” after spending 2023 mending parts of the business that “needed attention.” “I feel that we’ve just emerged from a period of a lot of fixing

Shoppers browse for dresses during the Black Friday sale at the Vivo Activewear women’s clothing store in downtown Nairobi, Kenya November 24, 2023.  Thomas Mukoya | Reuters Shoppers kicked off the holiday season with a bang, as a record 200.4 million people hit stores and searched websites for gifts from Thanksgiving Day through Cyber Monday,

In this article DIS Follow your favorite stocksCREATE FREE ACCOUNT Ariana DeBose stars as Asha in Disney’s new animated film “Wish.” Disney Disney needs to do more than wish on some stars to get out of its animation rut. Its latest animated feature “Wish,” billed as a celebration of 100 years of storytelling, fumbled at

A Shein pop-up store inside a Forever 21 store in Times Square in New York on Nov. 10, 2023. Yuki Iwamura | Bloomberg | Getty Images Shein has confidentially filed to go public in the U.S. as the Chinese-founded fast-fashion juggernaut looks to expand its global reach with a long-rumored initial public offering, CNBC has

In this article CMA ZION FHN Follow your favorite stocksCREATE FREE ACCOUNT A customer enters Comerica Inc. Bank headquarters in Dallas, Texas. Cooper Neill | Bloomberg | Getty Images A trio of regional banks face increasing pressure on returns and profitability that makes them potential targets for acquisition by a larger rival, according to KBW

In this article AMZN DIS WBD CMCSA Follow your favorite stocksCREATE FREE ACCOUNT Jacob Kupferman | Getty Images The Miami Dolphins and the New York Jets face off in the National Football League’s first ever Black Friday game this week — but it’s not going to be the usual broadcast or cable offering. The game

TikTok has officially launched its e-commerce service TikTok Shop in the US.  Costfoto | Nurphoto | Getty Images Consumers are increasingly turning to social media for their shopping this holiday season, and TikTok’s latest venture into e-commerce has emerged at the forefront. The platform introduced TikTok Shop in the U.S. in September as an in-app

Melis82 | Istock | Getty Images It has never been easy for small or independent music venues to turn a profit. Now, with inflated operating costs, some owners are struggling to keep ticket prices affordable for audiences and take chances on lesser-known artists. The past year has seen music fans roaring back to large stadiums

American Dream megamall and entertainment complex in East Rutherford, N.J., seen on Oct. 25, 2019. Timothy A. Clary | AFP | Getty Images New Jersey’s American Dream mall — the second largest mall in the country — was evacuated minutes after it opened on Black Friday because of a bomb threat that was later deemed

Anastasiia Krivenok | Moment | Getty Images Online spending on Thanksgiving Day jumped 5.5% compared to a year ago, according to Adobe Analytics, a reflection of holiday shoppers who are buying more of their gifts online and responding to discounts. E-commerce sales totaled $5.6 billion on the holiday. That’s nearly twice as much as the