Nvidia enters correction territory as stock falls 10% from all-time highs
Chipmaking giant Nvidia has seen shares fall 10% from all-time highs, placing the stock in “correction” territory.
Mortgage refinance demand surges even as rates cross back over 7%. Here’s why
The average contract interest rate for 30-year fixed-rate mortgages with conforming loan balances ($766,550 or less) increased to 7.01% from 6.91%.
Sen. Bob Menendez grills Treasury official on curbing illicit finance a month before bribery trial
Bob Menendez, who faces an upcoming bribery trial, slammed the Biden administration for not stopping Iran from selling its oil to actors including China.
Woman who stole and sold Ashley Biden diary sentenced to month in jail and home detention
Project Veritas, a provocative right-wing media group, bought the stolen diary of Ashley Biden, the daughter of President Joe Biden
Alec Baldwin lost control on ‘Rust’ set and lied about his actions, prosecutors say
Prosecutors accused Baldwin of “frequently screaming and cursing at himself, at crew members” and of losing control.
Trading CPI: How the stock market could react to Wednesday’s inflation report
A hotter print could drive down prices after a long advance. A cooler one could spur a rally, and lift expectations of a June rate cut.
GM’s Cruise to relaunch vehicles with human drivers in Phoenix
GM’s Cruise self-driving car unit will relaunch for the first time since October beginning with a small fleet of human-driven vehicles in Phoenix.
Costco selling as much as $200 million in gold bars monthly, Wells Fargo estimates
Gold has turned into money for Costco, where yellow metal sales begun last year have turned into a cash cow for the big-box retailer.
Small business optimism hits 11-year low as inflation fears won’t go away
The NFIB’s survey showed a reading of 88.5, down nearly a point from February to the lowest since December 2012.
Small business optimism hits 11-year low as inflation fears won’t go away
The NFIB’s survey showed a reading of 88.5, down nearly a point from February to the lowest since December 2012.
