The White House is seen in Washington, D.C.on September 09, 2025. Yasin Ozturk | Anadolu | Getty Images The U.S. Department of Education may soon begin sharing information with students and families on “the benefits and risks” of federal student loans, the Trump administration recently announced. The department’s Office of the Ombudsman will take “a…
Customers look over clothing items displayed on April 18, 2025 at a Costco branch in Niantic, Connecticut. Robert Nickelsberg | Getty Images The producer price index, a gauge of costs at the wholesale level in the U.S. economy, posted an unexpected 0.1% decline in August. Here’s what to know: For the third time this year,…
An Embraer SA E190-E2 passenger aircraft stands on display on day two of the Farnborough International Airshow (FIA) 2018 in Farnborough, U.K., on Tuesday, July 17, 2018. Bloomberg | Bloomberg | Getty Images Brazilian airplane maker Embraer has landed its first U.S. sale of its efficient but slow-selling E2 jets with a 50-plane deal from…
Oracle stock roared 40% higher on Wednesday after reporting gobsmacking cloud demand numbers, setting the company on track for a historic gain. The cloud giant is on pace for its best day since 1992, and is now quickly approaching the $1 trillion market cap benchmark. Oracle is now at $950 billion. The company said Tuesday…
Wells Fargo CEO Charles Scharf said Wednesday that while corporations and higher-income consumers are thriving, lower income Americans are struggling to stay afloat. The bank’s data shows that “companies are in really great shape” and spending among all income levels has been steady, but there are signs of stress among lower earners, Scharf said in…
Wholesale prices surprisingly fell slightly in August, providing breathing room for the Federal Reserve to approve an interest rate cut at its meeting this month, according to a Bureau of Labor Statistics report Wednesday. The producer price index, which measures input costs across a broad array of goods and services, fell 0.1% for the month,…
LONDON — European stocks opened higher on Wednesday as investors assessed the latest trade news, corporate earnings and inflation data. The pan-European Stoxx 600 was 0.5% higher by 11:56 a.m. in London (6:56 a.m. ET), with most sectors and all major regional bourses in positive territory. Looking at individual stocks, shares of Danish pharmaceutical giant…
Traders work on the floor at the New York Stock Exchange (NYSE) in New York City, U.S., August 14, 2025. Brendan McDermid | Reuters With the desire to have private market exposure alongside publicly traded stocks gaining traction among investors, Morningstar has developed a benchmark to reflect the trend. The Morningstar PitchBook US Modern Market…
U.S. Senator Ted Cruz (R-TX) speaks during a press conference at the U.S. Embassy, in Mexico City, Mexico, Aug. 29, 2025. Eloisa Sanchez | Reuters A new bill from Senate Commerce Chair Ted Cruz, R-Texas, would take a step toward regulating artificial intelligence when it comes to the ability for companies to develop new services….
A Polish air force F-16 is flanked on either side by Dassault Rafale fighter jets as they perform a flyover during the National Army Day military parade in Warsaw, Poland, on August 15, 2025. Nurphoto | Nurphoto | Getty Images Poland’s military on Wednesday decried an “unprecedented violation” as the country’s airspace was breached by…
