BofA Global Research is the latest brokerage to revise its Federal Reserve rate-cut forecast to much later dates, citing elevated inflation due to high energy prices and growing strength in the labor market. BofA Global Research now expects the Fed…
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eBay’s board rejected GameStop’s $56 billion takeover bid, calling it “neither credible nor attractive.” Now questions are growing over whether CEO Ryan Cohen will sell the company’s $368 million bitcoin position to make the deal look more credible. CoinDesk’s Sam…
By Michael S. Derby NEW YORK, May 12 (Reuters) – Ongoing U.S. student loan troubles do not appear to be on track to create broader woes in the consumer lending space, a New York Federal Reserve report released on Tuesday…
UK-based accountancy and business advisory group Xeinadin has expanded its regional coverage in the North East of England and North Yorkshire through the acquisition of Wasley Chapman. Founded in 1918, Wasley Chapman has a long-standing client base of owner-managed companies,…
Cal-Maine Foods is expanding beyond its core eggs business with the acquisition of the Van’s breakfast brands from Sara Lee Frozen Bakery. After inking a deal last year for US-based breakfast products maker Echo Lake Foods, Cal-Maine is now buying…
A possible savior for ailing Wendy’s (WEN) may be emerging, one that is old enough to know the founder’s name was Dave Thomas. The news: Nelson Peltz’s Trian Fund Management is on the hunt for an investor consortium to take…
Cape Verde’s Cinderella run at the World Cup isn’t done yet. With a 0-0 draw against Saudi Arabia on Friday, the small African nation did just enough to finish second in Group H and advance to the round of 32….
A Texas education panel has approved plans to make Bible stories mandatory for all five million public school students in the state, sparking a row about separation of church and state. The required readings, which don’t come into effect until…
An ever-increasing number of student loan borrowers struggle to keep up with their payments; roughly 9 million federal loan borrowers were in default as of March 2026. Under the current rules, borrowers in default can rehabilitate their loans — returning…
