Saturday, November 23, 2024

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Stock Market

Biden’s new border move aims to win over voters — but there’s reason for skepticism

The Biden administration on Tuesday rolled out new executive actions that aim to deny asylum to migrants who illegally enter the U.S. at...

Mortgage rates inch up to highest level since early May, even as U.S. economy slows

Mortgage applications fell 5.2% in the last week, the Mortgage Bankers Association said. The average rate for a 30-year mortgage is 7.07%. Source link...

The road trip is back as more Americans search for savings on summer travel. Here’s how to pull off a great road trip.

Some 66% of American travelers are planning to take a road trip this summer, up from 56% last year. Most say they’re hitting...

Treasury yields nudge higher as traders eye May jobs data

Treasury yields rose Wednesday after a four-day slide on soft U.S. economic data. Source link

Equities in Dallas could have new meaning as BlackRock, Citadel back upstart Texas Stock Exchange

BlackRock and Citadel Securities are backing an upstart stock exchange to be called the Texas Stock Exchange that will be based in Dallas Source...

EV maker Fisker defaults on $3.5 million short-term loan

Beleaguered electric-vehicle maker Fisker said it had defaulted on a short-term loan given in May. Source link

Stitch Fix’s narrower loss, better guidance fuels stock’s 24% rally

Online styling company posted a narrower-than-expected quarterly loss and unveiled a current-quarter guidance that was also better than hoped. Source link

CrowdStrike’s strong stock rally set to sustain following upbeat earnings

Better-than-expected results from CrowdStrike Holdings Inc. initially met a shrug in Tuesday’s extended session, but they later turned solidly higher. Source link

Elon Musk confirms reallocating thousands of Nvidia AI chips from Tesla

Tesla Inc. Chief Executive Elon Musk confirmed Tuesday that he diverted thousands of Nvidia Corp. chips from the EV maker. Source link

Novelis postpones its nearly $1 billion U.S. IPO

Hindalco-backed aluminum recycling company Novelis has postponed its U.S. listing of over $900 million, citing market conditions. Source link

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