Business Blog

Sony Pictures buys Alamo Drafthouse, becoming the first studio in 75 years to own a theater chain

Sony Pictures has acquired Alamo Drafthouse, the seventh-largest movie theater chain in North America.

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Here's the Fed's new rate forecast that's moving the markets

The Federal Reserve on Wednesday projected only one rate cut for the remainder of 2024, down from its March forecast that called for three reductions.

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Sallie Mae hikes yield on 1-year CDs as Fed stays in rate policy holding pattern

As the market awaits expected Fed rate cuts, one consumer finance company has raised the APY on its one-year certificates of deposit.

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Fed holds rates steady, indicates only one cut coming this year

The Federal Reserve on Wednesday released its decision on interest rates following this week's policy meeting.

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These stocks are close to forming the dreaded death cross pattern

There is trouble looming for some stocks even as the market trades near record highs.

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Fisker recalls thousands of Ocean EVs for safety and compliance issues

The company issued voluntary recalls for at least 11,000 Ocean SUVs across the U.S., Canada, and Europe for software-related issues.

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