A sharp jump in mortgage rates last week soured demand from both current homeowners and potential homebuyers, causing mortgage applications to drop. With rates now back on the expected upward traject… [+2666 chars]
Chinese- and Hong Kong-listed stocks soared on Wednesday after Chinas government pledged to support beleaguered markets.Chinas financial stability and development committee called for monetary policy… [+1621 chars]
Editor's Note: With so much market volatility, stay on top of daily news! Get caught up in minutes with our speedy summary of today's must-read news and expert opinions. Sign up here! (Kitco News) … [+3726 chars]
Americans can expect a measure of relief for record high gas prices as oil recedes to less than $100 a barrel, analysts said. Benchmark U.S. crude rose 49 cents to $96.93 a barrel on Wednesday. down… [+3490 chars]
Consumers continued to spend in February though at a slower pace than expected, according to a Commerce Department report Wednesday. Advance retail sales grew 0.3% for the month, slightly below the … [+2409 chars]
When it comes to Biogen’s controversial Alzheimer’s drug Aduhelm, even publishing the data is steeped in drama. The key data that led to Aduhelm’s approval by the Food and Drug Administration were f… [+191 chars]
United States President Joe Biden signed the Executive Order on Ensuring Responsible Development of Digital Assets on March 9. The order had been expected for several months, giving some in the indus… [+7867 chars]
As inflation rises, many Americans are shifting life milestones, including retirement. Some 13% of Gen Xers and baby boomers say they have postponed or considered delaying plans to leave the workfor… [+2308 chars]
Owners of Bored Ape Yacht Club (BAYC) nonfungible tokens (NFTs) including celebrity holders like Eminem, Steph Curry, Jimmy Fallon and Mark Cuban are set to receive a brand new token called ApeCoin (… [+3239 chars]
Walmart is planning to hire more than 50,000 U.S. workers for positions across its frontline and corporate office, the company announced Wednesday. CLICK HERE TO READ MORE ON FOX BUSINESS <table><… [+1332 chars]
Stock futures jumped Wednesday morning as traders awaited the Federal Reserve's latest monetary policy decision and updated economic projections later in the day. More positive developments on the ou… [+6154 chars]
Starbucks CEO Kevin Johnson is retiring after five years on the job. Howard Schultz will return as interim CEO, once again taking the helm of the company he elevated into a global brand while the co… [+4573 chars]
