Kansas City Fed Services Activity Index Falls in January
The Kansas City Fed said January's decline was driven mainly by the consumer sector, particularly autos, retail and tourism. The bank said its index of expectations for future services activity fell ...
Trump's AI push puts data-center bonds in focus
Investors aren't getting a whole lot of extra compensation on highly rated corporate bonds these days with spreads near ...
Semler Scientific Shares Drop on $85M Notes Offering
Semler Scientific shares were down 11%, to $54.17, after the company priced an offering of $85 million of 4.25% convertible senior notes due 2030 in a private offering. The offering size was increased ...
Why 2024 was arguably the toughest year for home buyers and sellers in 30 years
U.S. existing-home sales fell in 2024 to the lowest level in 30 years, as high mortgage rates and low housing inventory ...
Space industry IPOs ramp up as sector shapes up for a busy 2025
Fortuna Investments CEO Justus Parmar expects to see “a new vintage of space companies that hit the market” in 2025 ...
First Citizens Shares Reach 52-Week High on 4Q Profit Growth, Buyback
First Citizens Bancshares stock climbed after fourth-quarter profit grew and the company said it repurchased almost $1 billion in shares. Shares gained 4.5% to $2,316.47 on Friday morning, and earlier ...
Google to Put Warnings on U.K. Businesses Using Fake Online Reviews -- Update
Alphabet-owned Google has offered to start punishing U.K. businesses that boost their star ratings with fake reviews and the people that post them, ending the U.K. competition watchdog's investigation ...
‘U.S. businesses are starting 2025 in an upbeat mood,’ S&P finds, as Trump takes reins over the economy
The first look at Donald Trump’s economy shows the U.S. still growing at brisk pace, with business leaders expecting even ...
Bond market is putting a big focus on Fed's balance sheet ahead of meeting
Investors aren't expecting much on the rates front at next week's Federal Reserve meeting, but there's clearly renewed focus on it's $6.8 trillion balance sheet. "I want to be very clear up front, the ...
Sunoco Strikes Deal to Lease Space at Vitol's Port Canaveral, Fla., Terminal -- OPIS
Sunoco has reached a deal to lease refined product storage capacity at Vitol's terminal in Port Canaveral, Fla. The fuel distributor notified its customers it expects to have rack supply of products ...
S&P 500 is struggling in early trade
The stock market's main index wasn't making any big, bold moves in early trade on Friday near the 6,116 level. The S&P 500 logged its first record close under Trump's second term on Thursday, but was ...
Will inflation pick back up and hurt stocks? The answer depends on if you ask a Republican or Democrat.
Concerns about inflation have been pegged as a major catalyst for big swings in longer Treasury yields in recent months. The ...