Nvidia Explores Deeper Reflection AI Investment or Acquisition as Open-Model Race Intensifies

Coca-Cola is again exploring a potential sale of Costa Coffee, reviving efforts to exit the British coffee chain after an...

U.S. Mortgage Rate Jumps to 7.40%, Highest Since November 2023

The average U.S. 30-year fixed mortgage rate climbed to 7.40% this week, reaching its highest level since November 2023 as...

Raytheon Wins U.S. Missile-Defense Contract Worth Up to $6.3 Billion

RTX’s Raytheon has secured a multi-year U.S. military contract worth up to $6.3 billion to produce and sustain Standard Missile-3...

U.S. 30-Year Treasury Auction Draws Strong Demand After Historic Bond Selloff

U.S. Treasuries rallied Thursday after a closely watched sale of 30-year government bonds attracted solid demand, providing an important test...

Nasdaq Drops 1.25% as Oil Surge and AI Financing Fears Hit Technology Stocks

U.S. technology stocks fell sharply Thursday as surging oil prices revived inflation concerns while fresh questions about artificial-intelligence revenues and...

AI’s Debt Boom Hits Capital Markets as Broadcom, SpaceX and Oracle Seek Tens of Billions for Chips

The artificial-intelligence infrastructure boom is entering a new phase as some of the technology industry’s largest players turn to enormous...

Record U.S. Farm Debt May Be Larger Than Official Data Show as Alternative Credit Expands

American farmers are carrying record amounts of debt, while growing reliance on vendor financing and other nontraditional credit may mean...

U.S. Jobless Claims Fall to 197,000 as Economy Enters Rare Low-Hire, Low-Layoff Phase

New applications for U.S. unemployment benefits fell to 197,000 last week, keeping layoffs near historically low levels even as broader...

Devon Sells Eagle Ford Assets to Crescent for $4.2 Billion as U.S. Shale Consolidation Continues