FAFSA rollout is ‘on track,’ despite remaining unresolved issues, Education Department says
The full launch of the 2025-26 FAFSA is on track for December 1 despite ongoing issues, the Education Department said.
Mortgage demand stalls as interest rates surge higher ahead of election
Total mortgage application volume was essentially flat, falling 0.1% compared with the previous week.
Biogen tops estimates, raises profit guidance as Alzheimer’s drug Leqembi gains traction
Leqembi, along with rare disease and depression treatments, helped offset a year-over-year decline in revenue for the company’s multiple sclerosis products.
10-year Treasury yield hovers near 3-month high as traders digest economic data
The yield on the 10-year Treasury note hovered near a three-month high as traders combed through a fresh batch of mixed data.
Trump appointed judge Aileen Cannon refuses to recuse from attempted assassination case
Judge Aileen Cannon rejected arguments by lawyers for Ryan Routh that she step off the case because she could be seen as partial toward Donald Trump.
Sam Altman’s Reddit stake now worth over $1 billion after post-earnings pop
OpenAI CEO Sam Altman’s stake in Reddit has ballooned to more than $1 billion in value, as of after-hours trading on Tuesday.
AMD shares fall as forecast fails to impress despite strong AI growth
AMD shares are up about 20% so far in 2024, although rivals such as Nvidia and Broadcom have had much greater gains during the same period, driven by AI chips.
Snap shares jump 10% on profit beat, stock buyback
Snap reported third-quarter results on Tuesday that beat on the top and bottom lines, but the company issued light fourth-quarter guidance.
Elon Musk, Trump allies say his tariff plans could cause short-term pain for consumers
Donald Trump has proposed universal tariffs, which Vice President Kamala Harris attacked, calling the proposal a “Trump sales tax” on American consumers.
Reddit shares soar 22% on earnings beat and better-than-expected forecast
Reddit reported third-quarter results that exceeded analysts’ estimates and gave a forecast for the current period that was well ahead of estimates.
