Builders FirstSource’s stock rises as it names new CEO
Peter Jackson, who has worked at Builders FirstSource for seven years, will be the next CEO of the company.
JPMorgan investment bank creates new role overseeing junior bankers
JPMorgan Chase CEO and Chairman Jamie Dimon gestures as he speaks during the U.S. Senate Banking, Housing and Urban Affairs Committee oversight hearing on Wall Street firms, on Capitol Hill in Washington, D.C., on Dec. 6, 2023. Evelyn Hockstein | Reuters JPMorgan Chase has created a new global role overseeing all junior bankers in an […]
Boeing starts furloughing ‘large number’ of employees amid strike
Workers with picket signs outside the Boeing Co. manufacturing facility during a strike in Everett, Washington, US, on Friday, Sept. 13, 2024. M. Scott Brauer | Bloomberg | Getty Images Boeing will temporarily furlough thousands of U.S. executives, managers and other staff, citing the ongoing machinist strike as the company races to preserve cash, CEO […]
‘He has never paid rent or utilities:’ Do I have the legal and moral authority to charge my brother rent to live in our family home?
‘My brother has been living there while my father was alive — and still is. He did not pay any rent or utilities’
Tennessee to raise season ticket prices 10% for revenue sharing
Nico Iamaleava, #8 of the Tennessee Volunteers, warms up prior to the Duke’s Mayo Classic against the NC State Wolfpack at Bank of America Stadium in Charlotte, North Carolina, on Sept. 7, 2024. Jared C. Tilton | Getty Images The University of Tennessee is raising its season ticket prices by 10% across all its sports […]
Fed starts rate-cutting cycle with a bang — but wants it to be the only one
The Federal Reserve cut its policy interest rate by half of a percentage point on Wednesday, a more aggressive move than many economists expected.
Intuitive Machines stock soars after NASA moon satellite contract
Intuitive Machines’ IM-1 mission lander shortly after launching on Feb. 15, 2024. Intuitive Machines Intuitive Machines‘ stock jumped in early trading Wednesday after NASA awarded the lunar-focused company a major contract to build moon data satellites. “This contract marks an inflection point in Intuitive Machines’ leadership in space communications and navigation,” Intuitive Machines CEO Steve […]
Here’s when falling interest rates will hit your mortgage, car loan, credit-card bills and savings accounts
The Fed’s interest-rate cuts will soften the prices consumers pay for debt — but people may not see an impact on their payments for a while.
WNBA to add expansion team in Portland, bringing league to 15 franchises
WNBA expansion team coming to Portland in 2026. Source: WNBA The WNBA is adding its 15th team in Portland, the third new franchise as part of its most recent expansion, the league announced Wednesday. The Portland team, which was not named in a WNBA release, will begin play in 2026 and will be owned and […]
Inflation hangs over the Fed as it prepares to cut interest rates
The challenge: Keep interest rates low enough for the U.S. economy to expand, but not so low as to overheat labor markets.
