X, T, SYF, CVS and more

Check out the companies making the biggest moves in premarket trading: U.S. Steel — Shares tumbled 7% after President-elect Donald Trump said late Monday he will block the purchase of the steelmaker by Japan’s Nippon Steel. A deal was reached in late 2023 for Nippon Steel to buy U.S. Steel, but it has since encountered […]

BlackRock expanding in private credit, buys HPS Investment Partners for $12 billion

BlackRock said Tuesday it will acquire HPS Investment Partners for $12 billion in stock, as the world’s largest asset manager looks to grow its presence in the highly popular private credit space. “We have always sought to position ourselves ahead of our clients’ needs. Together with the scale, capabilities, and expertise of the HPS team, […]

Banks raise costs in response to CFPB rule

A customer uses a credit card to pay for items January 28, 2022 at a retail shop in New York City.  Robert Nickelsberg | Getty Images Banks that issue credit cards used by millions of consumers raised interest rates and introduced new fees over the past year in response to an impending regulation that most […]

Stocks making the biggest moves midday: SMCI, TSLA, INTC, STLA

Check out the companies making headlines in midday trading: Super Micro Computer — Shares advanced more than 30% after a special committee said it found “no evidence of misconduct” on the part of the artificial intelligence server maker. Intel — The chipmaker gained 4% following the retirement of CEO Pat Gelsinger . Executives said David […]

Here how parents can help boost their kids’ credit score

Images By Tang Ming Tung | Digitalvision | Getty Images Parents who want to help jumpstart their kid’s credit score and credit history can take one fairly easy step, money experts say: Add your child as an authorized user to your credit card account. The goal is to have a child build credit from a […]

Stocks making the biggest moves premarket: GAP, TSLA, STLA

Check out the companies making headlines before the bell. Gap — The clothing retail stock jumped 4.7% after JPMorgan upgraded shares to overweight. The firm cited a strong start to the holiday shopping season and a multi-year growth outlook. Stellantis – Shares sank 9% after CEO Carlos Tavares stepped down from his role at the […]

Rally in small caps just starting: VettaFi’s Rosenbluth suggests

Small caps just had their first historic week in three years, and one exchange-traded fund expert predicts the group’s record highs will help drive investors back into the group. “Small caps are going to become more in favor in 2025,” VettaFi’s Todd Rosenbluth said on CNBC’s “ETF Edge” this week. “They started to perk up […]

Why consumers overspend during the holidays — and what to do about it

Betsie Van Der Meer | Digitalvision | Getty Images The holiday season is a time to give thanks, reflect on the past year, and spend time with family and friends. However if you’re not careful, it can also be a time you overspend on holiday purchases. About 83% of Americans plan to buy gifts for […]

Stocks making the biggest moves midday: HOOD, AAP, LRCX

Check out the companies making headlines in midday trading. Chip equipment stocks – Global chip equipment stocks rose on news that the Biden administration is considering further sanctions on sales of semiconductor equipment and AI memory chips to China that could be less strict than earlier proposals. Shares of U.S.-based companies Applied Materials and KLA […]