Macy’s shares surge 21% after it receives $5.8 billion buyout offer
The offer values the retailer at $21 per share, according to the sources. Macy’s closed at just over $17 a share on Friday.
Trump writes on social media he no longer plans to testify in civil fraud trial on Monday
Former President Donald Trump wrote in a social media post on Sunday that he won’t testify in his $250 million civil fraud trial in New York on Monday.
How grocery stores are becoming data brokers
From Facebook and Instagram to Amazon Prime, most U.S. consumers have an online footprint that is growing daily.
Experts say retirement-age investors should consider active ETF strategies. Here’s why
ETF experts suggest there’s an income-generating opportunity for retirees in funds under active management.
Elon Musk reactivates Alex Jones’ X account after a five-year ban
Elon Musk’s decision to bring Alex Jones back to X comes on the anniversary week of the Sandy Hook shooting.
This AI-powered ETF aims to remove investors’ emotional bias from the decision-making process
South Korean conglomerate LG’s AI research division launched an AI-run ETF with Qraft Technologies in November.
Why automakers are turning to hybrids in the middle of the industry’s EV transition
Automakers are reconsidering the viability of hybrid vehicles to appease consumer demand and avoid costly penalties related to federal fuel economy standards.
Traders brace for the final Fed meeting of 2023 in the week ahead as they look for clues on possible rate cuts
Investors will eagerly parse through Fed Chair Jerome Powell’s commentary for any signal into when rate cuts can be expected in 2024.
The runway is getting clearer, but the U.S. economy still isn’t assured of a soft landing
There’s nothing about a 3.7% unemployment rate and another 199,000 jobs that even whispers “recession,” let alone screams it.
How to pay off your student debt faster. ‘Even an extra $5 a month can make a big difference,’ expert says
You may be able to finish paying off your student debt sooner than you thought, experts say. They shared tips on how to make that happen.
