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Massive debt-fueled deals are back on Wall Street
These big, bolder bets are becoming more interesting, and people are willing to try them because of the financing that’s available,” said Matthew Toole, director of deals i
President Trump says Nvidia can sell H200 AI chips to China, but does that change anything?
President Trump posted on X: "I have informed President Xi, of China, that the United States will allow NVIDIA to ship
CoreWeave CEO: Despite see-sawing stock, IPO was ‘incredibly successful’ after challenges of Liberation Day tariff timing
At Fortune Brainstorm AI in San Francisco, CoreWeave CEO Michael Intrator defended the company’s debt-heavy strategy and argued Wall Street is still catching up to its new cloud model.
Home Depot issues warning on housing market, economy
As essential a retailer as Home Depot is, the company has been struggling as of late. In its most recent earnings report, Home Depot revealed that comparable U.S. sales only increased by 0.1% on a
S&P 500 ends slightly down as investors await Fed rate decision
The S&P 500 ended Tuesday's session slightly lower as investors anticipated that the Federal Reserve would take a hawkish tone even if it cuts interest rates this week, while JPMorgan was the
From mortgages to car loans: How affordability rises and falls with the Fed
Affordability in America increasingly comes down to one institution, the Federal Reserve, whose decisions ripple through nearly every household budget.
JPMorgan stock sinks on higher expense outlook. Other banks may have to keep up.
A top JPMorgan Chase executive said firmwide expenses would rise in 2026 thanks in large part to investing in growth initiatives and, to a lesser degree, the effects of inflation. The outlook sent
Asian benchmarks mostly decline as investors anticipate US rate cut
Asian shares were mostly lower, trading in a narrow range ahead of a Federal Reserve meeting later Wednesday that's expected to result in the third cut to interest rates this year. Japan's benchmark
‘Fodder for a recession’: Top economist Mark Zandi warns about so many Americans ‘already living on the financial edge’ in a K-shaped economy
Zandi reached that assessment before the government released its long-delayed JOLTS report Tuesday, but the official numbers largely confirm the pullback he has been tracking thro
GameStop’s bitcoin holdings — and sales — slide
Tuesday after the specialty retailer showed sliding quarterly sales and profits, and saw the value of its bitcoin holdings drop as well. GameStop, whose shares were among the first to gain a massive
GE Vernova working with US government to boost stocks of rare earth yttrium
By Laila Kearney and Lewis Jackson NEW YORK, Dec 10 - Gas turbine maker GE Vernova is working with the U.S. government to increase its stockpiles of the rare earth yttrium, CEO Scott Strazik said on
PK Management to close facility in Richmond Heights
Property management company PK Management is closing its facility in Richmond Heights, resulting in the loss of nearly 70 jobs. The company filed a Worker Adjustment and Retraining Notification
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