AMC completes $250 million stock sale during meme rally, shares jump 30%
AMC Entertainment raised about $250 million of new equity capital, completing the sale Monday during the revived meme stock craze…
This inflation-focused ETF may be in a sweet spot
It’s an exchange-traded fund designed to profit from higher rates. But even if the Federal Reserve starts to cut this…
Bronze bust honoring the late Charlie Munger wowed crowd in Omaha at Berkshire meeting
OMAHA, Neb. — A 24-inch tall, bronze bust sculpture of the late Charlie Munger became a conversation piece for guests…
The rule capping credit card late fees at $8 is on hold — here’s what it means for you
The U.S. banking industry won a key victory in its effort to block the implementation of a Consumer Financial Protection Bureau rule…
Jim Simons, billionaire quantitative investing pioneer who generated eye-popping returns, dies at 86
Jim Simons, a mathematician who founded the most successful quantitative hedge fund of all time, passed away on Friday in…
Behind America’s divided economy: Booming luxury travel and a jump in ‘relief’ loans
At American Express, consumers are continuing to open high-fee credit cards and splurge on luxuries like travel. But for lending…
CFPB rule to save Americans $10 billion a year in late fees faces possible last-minute freeze
A Consumer Financial Protection Bureau regulation that promised to save Americans billions of dollars in late fees on credit cards…
Weekly jobless claims jump to 231,000, the highest since August
Initial filings for unemployment benefits have hit their highest level since late August 2023, a potential sign that an otherwise…
Robinhood climbs after reporting record earnings for first quarter
Shares of Robinhood rose in extended trading Wednesday afternoon after the retail brokerage announced stronger-than-expected first-quarter results. Robinhood reported net…
