5thnews

Fed’s Goolsbee says rates ‘could come down’ if economy stays on ‘golden path’

The door to more rate cuts could open further soon, according to a Federal Reserve Bank…

Elon Musk’s net worth soars, now more than double his closest rival’s as Tesla stock continues to surge

Elon Musk’s net worth is now doubling the next closest billionaire in the rankings of the…

Hyundai, Kia to spend millions fixing anti-theft technology after cars become top targets for crime

Hyundai and Kia will overhaul security features in millions of vehicles as part of a sweeping…

Hands-on fund managers drive ETF growth

The exchange-traded fund industry is having a record year, with assets already hitting over $1 trillion,…

Ford cuts electric F-150 Lightning production, takes $19.5B charge in strategic shift

Ford CEO Jim Farley announced the company is cutting production of the electric F-150 Lightning and…

Cannabis stocks surge on report Trump seeks to ease restrictions

Shares of cannabis companies jumped on Friday after the Washington Post reported U.S. President Donald Trump…

Automaker gears up for self-driving future with new chip

Rivian Automotive announced Thursday that it has developed its first in-house chip to power next-generation self-driving…

Cracker Barrel diners are sounding the alarm; here’s what reportedly has them furious

Cracker Barrel is taking heat from loyal diners who say food quality has slipped – from…

Coca-Cola announces major leadership change as Henrique Braun is named next CEO

The Coca-Cola Company announced Wednesday that Henrique Braun will become its next CEO, effective March 31,…

Cracker Barrel’s turnaround hits early snags; CEO warns recovery will ‘take time’ after rebrand fiasco

Cracker Barrel warned during the company’s earnings call on Tuesday that its turnaround is moving at…

Five reasons investors are feeling good about stocks again

Anxiety has given way to hope on Wall Street. Stocks are back near records, recovering from…

Dog food company recalls 300 cases sold nationwide over plastic contamination fears

A dog food company recalled 300 cases of frozen food this week over possible plastic contamination,…

American Eagle boosts forecast after strong lift from Sydney Sweeney ad campaign

American Eagle stock jumped on Wednesday after the retailer boosted its sales forecast as the apparel…

Ritz crackers recalled in 8 states over life-threatening peanut allergy risk from mislabeling

Ritz Peanut Butter Cracker Sandwiches were recalled in eight U.S. states after a labeling mix-up that…

Elon Musk’s Tesla faces fresh criticism from ‘Big Short’ investor Michael Burry

Elon Musk’s Tesla took a hit from “Big Short” investor Michael Burry, who claimed the electric…

Goldman Sachs to buy ETF sponsor Innovator in $2B cash-and-stock deal

Goldman Sachs said on Monday it will buy active exchange-traded fund sponsor Innovator Capital Management in…

Millions to receive credit scores under new models, but expert warns of approval trap

New credit scoring models rolling out across the mortgage industry could dramatically increase the number of…

Apple projected to beat Samsung in smartphone shipments for first time since 2011

Apple’s smartphone shipments in 2025 are expected to top Samsung’s for the first time in over…

Vanguard fund strips out China in emerging markets investment play

Investors traditionally target emerging markets for higher growth opportunities, and China falls into that bucket. However,…

Fed governor says current economy is ‘calling for large interest rate cuts’ to help job market

Federal Reserve governor Stephen Miran said the U.S. economy is “calling for large interest rate cuts”…

Roth IRAs are all the rage with the young crowd

More savers are embracing the tax-advantaged accounts, and many will contribute leading up to tax day.…

Tax refunds are nearly 29% lower so far this year, IRS data shows