Long pauses between Fed actions are historically good for stocks
Investors are deliberating when the Federal Reserve will start to lower rates, but the current pause could actually be a blessing in disguise for equities.
Chip designer Arm’s shares drop after lackluster revenue guidance
Shares of Arm fell Thursday as lackluster revenue guidance from the firm clouded a positive sales quarter driven by AI demand.
Barron Trump to step into the political arena as a Florida delegate at the Republican convention
The position as an at-large delegate for the Florida Republican Party will be the most high-profile political role thus far for Barron, former President Donald Trump’s youngest son.
House votes overwhelmingly to save Speaker Johnson from Rep. Marjorie Taylor Greene effort
Greene lacked much support from within her party to oust House Speaker Mike Johnson, earning just 11 GOP votes, while a majority of Democrats voted to save him.
Applebee’s owner Dine Brands wants to steal fast-food customers with its deals
Low-income consumers visited less frequently and spent more carefully when they did eat out in the first quarter, Dine Brands CEO John Peyton said.
Trump spends day off from court hosting NFT customers at Mar-a-Lago
The former president has recently complained about his New York trial keeping him off the campaign trail. He has no public campaign events scheduled Wednesday.
Biden’s student loan forgiveness plan gets a record number of public comments. Here’s what people are saying
More than 34,000 people have left public comments on the Biden administration’s new student loan forgiveness proposal. Here’s what some of them said.
Why investors should buy the 10% drop in Disney, according to Barclays
Barclays said theme park concerns were “overdone,” adding that it believes Disney’s streaming segment could reach higher profit margins than Netflix.
Weekly mortgage refinance demand rose 5% after a slight dip in mortgage rates
Mortgage rates are significantly higher than they were at the start of 2024, they pulled back slightly last week but several weeks of straight increases.
Beer giant AB InBev beats profit estimates, with Bud Light boycott set to ease one year on
Analysts at Barclays said the company had passed its hardest quarter “with little to no bruises.”
