U.S. inflation still averaging 4.1% since 2020: Deutsche Bank

Despite cooler inflation data this week, U.S. inflation has been running at a higher 4.1% annualized rate than many other ...

Food banks, affordable-housing providers scramble as inflation hammers low-income Americans

One Dallas food bank says demand for food assistance has surpassed what was seen during the financial crisis and the pandemic ...

Skyward Specialty Insurance Group Expands Buyback Program to $100M

The company said it will have discretion over the timing of the repurchases, and it may modify, suspend or terminate the program at any time.

QVC Group Gets Bankruptcy Court's Approval for Restructuring Plan

QVC Group received approval from a U.S. bankruptcy court for its financial restructuring plan, which is expected to reduce the company's debt. The televised home shopping company said Wednesday the U.

Champion Iron Names Marcotte CFO

Champion Iron named Michael Marcotte as its new chief financial officer. Marcotte joined the iron ore producer in 2018 as vice president of investor relations, and most recently worked as senior vice ...

Utilities Shares Fall Amid Declining Natural Gas Prices -- Utilities Roundup

Stocks in the utilities sector fell amid weak natural gas prices despite high temperatures boosting demand for cooling. The U.S. power sector has been using less natural gas amid an increasing supply ...

SpaceX’s stock breaks below its IPO price for the first time. Why it could still fall further.

Shares of SpaceX officially traded below their initial public offering price for the first time, just over a month after ...

What the launch of SK Hynix leveraged ETFs tells us about the hottest trade on Wall Street

SK Hynix’s debut on the Nasdaq has so far been met with enthusiasm from U.S. investors — and lots of volatility. Now, a host of funds are looking to give traders even more exposure to one of the ...

AST SpaceMobile Shares Fall on Proposed $1B Convertible Notes Offering

AST SpaceMobile shares fell in after-hours trading after the company said it intends to offer $1 billion of convertible senior notes due 2034 in a private offering to qualified institutional buyers.

Energy Shares Fall as Oil Prices Are Little Changed -- Energy Roundup

Shares of companies in the energy sector fell as oil prices hovered around $80 a barrel while the U.S. and Iran battled for control of the Strait of Hormuz. U.S. crude oil inventories fell last week ...

Cogeco 3Q Revenue Declines as Competition Ramps Up in the U.S.

Cogeco logged lower revenue in its latest quarter, citing increased competitive pressures in the U.S. The telecommunications and media company on Wednesday posted a third-quarter loss of 405.7 million ...

Megacap Tech Names Push Indexes Higher -- WSJ

Major stock indexes pared gains today despite several positive earnings reports. Chip stocks were weaker despite chip-machine supplier ASML delivered an encouraging report card on the AI boom. The ...