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Investing
Ford Motor’s credit restored to investment grade after S&P upgrade
S&P Global Ratings upgraded Ford Motor Co.’s rating to BBB- late Monday, restoring it to investment grade after it was lowered into junk in 2020. Fitch…
Bud Light sales keep sinking
Bud Light continues to drag Anheuser-Busch InBev’s bottom line in the United States, but the world’s biggest brewer’s sales rose because of…
AMD’s stock drops after earnings as revenue outlook comes in light
Advanced Micro Devices Inc. shares dropped 5% in Tuesday’s extended session after the company posted upbeat profit metrics for the latest quarter but came up…
US home prices rose in August for the seventh straight month
US home prices continued to rise in August, hitting a new record high and marking the seventh consecutive month of increases. Even as mortgage…
Caterpillar’s stock dives as light sales outlook, backlog drop offset a big profit beat
Shares of Caterpillar Inc. sank Tuesday, as investors focused more on the construction and mining equipment maker’s “slightly light” sales outlook than the…
Realtors found liable for $1.8 billion in damages in conspiracy to keep commissions high
A Missouri jury on Tuesday found that the real estate industry trade group, the National Association of Realtors, and some residential…
Amgen’s stock hit by expectations its obesity pipeline is facing a longer wait
Amgen Inc.’s stock fell 3.3% Tuesday to put it on track for its biggest one-day percentage decline in more than a year, after the company’s…
Biden administration wants to kill ‘junk’ fees in retirement investments and advice
As part of its ongoing effort to make it easier for Americans to amass retirement savings and protect consumers from having to pay “junk”…
Cardano leads decreases as large cryptocurrencies start mixed
Large cryptocurrencies were mixed during morning trading on Tuesday, with Solana
SOLUSD,
+4.28%
seeing the biggest move, climbing 3.42% to…
Steve Ballmer, who started as Bill Gates’ assistant, is the 5th-richest person in the world
Bill Gates’ former assistant at Microsoft is now the fifth-richest person in the world, per Bloomberg’s tally, and only one spot behind Gates…