As the Trump administration looks to neuter the Consumer Financial Protection Bureau, advocates urge borrowers to step up their own defenses around their money.
Why Is Korn Ferry (KFY) Stock Rocketing Higher Today
Shares of organizational consulting firm Korn Ferry (NYSE:KFY) jumped 16.8% in the pre-market session after the company reported strong third-quarter (fiscal 2025) results, exceeding analysts' sales expectations, though its guidance for the next quarter painted a mixed picture, with earnings per share projected to outperform but revenue expected to fall short. Also, despite the results revealing a mixed segment performance, overall sales remained flat year over year, reflecting resilience amid e
Why Is CrowdStrike (CRWD) Stock Rocketing Higher Today
Shares of cybersecurity company CrowdStrike (NASDAQ:CRWD) jumped 7.1% in the morning session after stocks rebounded, following a broad-based sell-off the previous day. The Nasdaq was down 4%, while the S&P fell 2.7% as concerns over the ongoing trade war continued to spread.
Why Is Limbach (LMB) Stock Soaring Today
Shares of building systems company Limbach (NASDAQ:LMB) jumped 12.9% in the afternoon session after the company delivered impressive fourth-quarter results, with EBITDA beating analysts' estimates despite a slight revenue shortfall. A key highlight was the ongoing shift toward Owner Direct Relationships (ODR), where revenue grew over 21%, accounting for nearly two-thirds of total sales. This shift helped offset an almost 25% decline in General Contractor Relationships (GCR), a segment the compan
The ONE Group (STKS) Stock Trades Down, Here Is Why
Shares of upscale restaurant company The One Group Hospitality (NASDAQ:STKS) fell 10.1% in the afternoon session after the company reported mixed fourth quarter results: its EPS and full-year EBITDA guidance fell short.
Coinbase (COIN) Stock Trades Up, Here Is Why
Shares of cryptocurrency exchange Coinbase (NASDAQ:COIN) jumped 7.8% in the morning session after stocks rebounded, following a broad-based sell-off the previous day. The Nasdaq was down 4%, while the S&P fell 2.7% as concerns over the ongoing trade war continued to spread. While those concerns haven't exactly disappeared, it's likely some investors looked to take positions in some of the beaten-down stocks, especially some of the high-quality names that got caught up in the sell-off.
Wall Street's souring view on the US stock market isn't just about the economy — it's about AI too
As economic uncertainty has spawned a stock market sell-off, one of investors' favorite trades of the past two years is going through its own rerating of expectations.
Explainer: What's a recession and why is rising anxiety about it roiling markets?
Stock markets are plunging, consumers and businesses have started to sour on the economy, and economists are marking down their estimates for growth this year, with some even seeing rising odds of a recession. Many business executives were optimistic that President Donald Trump would cut taxes and pursue deregulation, which they expected would bolster growth. Instead, Trump has aggressively implemented tariffs — and tariff threats — against the United States' largest trading partners.
Southwest Airlines to End Oil Hedge That Once Saved It Billions
(Bloomberg) -- Southwest Airlines Co. will end its long-held policy of hedging against swings in fuel prices, marking a pullback of one of the few remaining US carriers that are active in the oil derivatives market.Most Read from BloombergNYC Congestion Pricing Toll Gains Support Among City ResidentsTrump DEI Purge Hits Affordable Housing GroupsWhere New York City's Zoning Reform Will Add HousingElectric Construction Equipment Promises a Quiet RevolutionInside the ‘Not Architecture’ of High Line
Paraguay Is Only Waiting for Crypto Law: El Salvador’s Top Crypto Regulator
“From my perspective, Paraguay seems to have the groundwork laid for supervision, regulation, and taxation regimes," said CNAD President Juan Carlos Reyes.