Consumer debt passes $17 trillion for the first time despite slide in mortgage demand
Total consumer debt hit a fresh new high in the first quarter of 2023, pushing past $17 trillion even amid…
Stocks making the biggest moves premarket: Advance Auto Parts, SoFi, Twilio and more
Check out the companies making headlines in premarket trading. SoFi — The financial services platform added nearly 7%. A deal…
Stocks making the biggest moves midday: Intel, C3.ai, Advance Auto Parts, HP and more
Check out the companies making the biggest moves midday. Intel — Shares popped 4.83% after the chipmaker’s finance chief said…
How the A.I. explosion could save the market and maybe the economy
A blockbuster profit report Wednesday from Nvidia crystallized an important point for both markets and the economy: For better or…
A U.S. recession would be ‘good news’ for markets, strategist says
A U.S. recession may prevent a steep market downturn in the second half of 2023, according to Michael Yoshikami, founder…
Stocks making the biggest moves after hours: C3.ai, Nordstrom, Salesforce, CrowdStrike and more
Check out the companies making headlines after the bell. Nordstrom — Shares of the high-end department store jumped 9% in…
TripAdvisor rival GetYourGuide nears $2 billion valuation as it raises fresh funds to invest in A.I.
German online travel startup GetYourGuide raised $194 million from investors, hoping to capitalize on a bump in demand for travel…
Covid caused huge shortages in the jobs market. It may be easing — but there’s another problem ahead
Since the onset of Covid-19, labor shortages have plagued major economies and intensified inflationary pressures, but economists expect this trend…
Trump urges GOP to let catastrophic debt default happen if Dems don’t accept cuts
Former President Donald Trump on Wednesday urged Republican lawmakers to let the United States default on its debt if Democrats…
