Mortgage rates fell last week, causing a rush on refinancing.
Bank of America downgrade Coinbase, says consensus estimates may be ‘way too high’ given the current crypto outlook
Wall Street is overestimating Coinbase’s ability to weather a tough crypto environment, according to Bank of America.
Major central bankers dispute role in tackling climate change as they battle inflation
Divisions are forming among the world’s most influential central banks over their role in tackling climate change, as policymakers focus on reining in inflation.
Goldman Sachs downgrades this stock as auto market faces a tough macro outlook, names Tesla a top pick
Shares of this technology stocks look poised for a reset in a difficult macro environment.
U.S. FAA says flight personnel alert system not processing updates after outage
The U.S. Federal Aviation Administration’s system that alerts pilots about hazards and relevant procedures was not processing updated information.
The West’s oil war against Russia is starting to take its toll — sparking calls for tougher measures
Russia’s revenue from fossil fuel exports collapsed in December, according to a new report, hampering Moscow’s ability to finance the war in Ukraine.
JPMorgan downgrades CarMax, says hope for a recovery looks ‘premature’
JPMorgan is pumping the brakes on shares of CarMax.
A potential recession doesn’t shake our conviction in Morgan Stanley and Wells Fargo
Fears of an impending recession have been a drag on bank stocks. But we’re staying invested in our two financials — Wells Fargo (WFC) and Morgan Stanley (MS).
Storm struck California scrambles to clean up ahead of rain
Storm-ravaged California scrambled to clean up and repair widespread damage on Wednesday although the north could see thundershowers Wednesday.
Currency experts are turning bullish on the euro as Europe looks to hold off a recession
As markets head into a year of uncertainty against a backdrop of shifting economic data and monetary policy, analysts are turning positive on the outlook for the euro.