More than a quarter of a million student-loan borrowers who have been in repayment for at least a decade will have their debt cancelled, the Biden administration announced Friday.
MarketWatch
Since 1926, stock-market returns are pretty lousy when valuations are this high
It’s the sort of stat you would expect a value fund manager to highlight, but it does offer caution about the future.
Gold barrels past $2,400 to a new high. There’s not much standing in its way, say analysts.
Gold was squarely aimed at its 17th record high on Friday, with prices surging past the $2,400 level as investors continued to watch geopolitical tensions and prospects for U.S. interest rate cuts.
Singapore’s economic growth picks up in the first quarter
Singapore’s economy grew at a faster pace in the first quarter of 2024, but not quite as quickly as had been expected.
Proficient Auto Logistics files for IPO
Proficient Auto Logistics on Thursday filed for an initial public offering with the Securities and Exchange Commission.
Applied Digital shares fall after power outage dings results
The company reported in February it had experienced a power outage at its Ellendale, N.D., data-center hosting site.
Lockheed Martin awarded missile contract worth up to $4.1 billion
Lockheed Martin on Thursday was awarded a missile defense contract worth up to $4.1 billion.
Paramount plans to trim size of its board amid merger talks
Paramount Global on Thursday said it plans to trim the size of its 11-member board of directors to seven, as it continues exclusive merger talks with Skydance Media.
Rivian’s stock clocks a record low as electric-truck price competition heats up
Wall Street appears to be concerned that lower-priced electric trucks from Ford could put more competitive pressure on Rivian’s business.
Inflation is ‘thorn’ in market’s side — but these ETFs rose even as stocks, bonds fell
Some exchange-traded funds rallied Wednesday even as stocks and bonds broadly fell, as hot inflation data stoked fears that interest rates will stay elevated for longer than anticipated.