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Stay informed with free updatesSimply sign up to the US equities myFT Digest — delivered directly to your inbox.US technology stocks sank sharply on Wednesday after lacklustre overnight results from index heavyweights Tesla and Alphabet, deepening the recent sell-off in a sector that has driven the bulk of market gains…
The likely 2024 presidential election campaign between Vice President Kamala Harris and former President Donald Trump begins with no clear leader, according to a new CNN poll conducted by SSRS after President Joe Biden ended his bid for reelection. Trump holds 49% support among registered voters nationwide to Harris’ 46%,…
Families typically reach out to financial advisors when they experience a major financial milestone. This often coincides with significant life events, including changing jobs, selling a business, receiving an inheritance, and changing family dynamics. It may also be relevant upon reaching retirement. However, many people, especially those who spent most…
An increasing number of borrowers who filed cases seeking student debt discharge are successfully receiving debt relief through bankruptcy after a policy change by President Joe Biden’s administration, according to the Department of Education. A total of 588 people filed cases seeking student debt discharged through bankruptcy between October 2023…
Sales of previously owned homes dropped 5.4% in June compared with May, to 3.89 million units on a seasonally adjusted, annualized basis, according to the National Association of Realtors. Sales were also 5.4% lower than June of last year. This is the slowest sales pace since December.These are closed sales,…
Check out the companies making headlines in midday trading: Spotify Technology — Shares surged 12% after the music streaming company posted better-than-expected second-quarter earnings. Gross margin and operating income also surpassed expectations. Analysts said they remain cautiously optimistic despite softness in monthly active user counts, pointing to strong margin performance…
Overstock.com, which was one of the biggest names in e-commerce, is being revived just a year after its new owners ditched the name in favor of Bed Bath & Beyond. The relaunched Overstock.com sells a lot of stuff similar to its previous incarnation, including indoor and outdoor furniture, home improvement…
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Unlock the US Election Countdown newsletter for freeThe stories that matter on money and politics in the race for the White HouseUS vice-president Kamala Harris has now secured enough delegates to replace Joe Biden as the Democratic party’s presidential candidate against Donald Trump in this year’s election.The question is how…
Vice President Kamala Harris is set to visit Wisconsin on Tuesday, making her first trip to a battleground state after taking control of the Democratic presidential nomination to challenge Donald Trump. Harris’ rally in Milwaukee opens a new phase in the 2024 race — one she previewed in a Monday…