Rocket Companies shares jumped on Tuesday after CEO Varun Krishna told CNBC the company was writing a larger amount of mortgage loans."We're getting ready for our earnings call here in just a couple of weeks, and I will share with this group that we're on track to produce the highest...
Year: 2026
Trump refuses to be outdone by Europe, signing his own U.S.-India trade deal
President Donald Trump greets Indian Prime Minister Narendra Modi to the White House in Washington, Monday, June 26, 2017.Alex Brandon | APU.S. President Donald Trump's announcement Monday that he has agreed a trade deal with India comes hot on the heels of Europe's own trade agreement with New Delhi, signaling...
Friday’s jobs report will be delayed because of the partial government shutdown
The US Department of Labor headquarters building is seen at dusk on June 21, 2024 in Washington, DC. J. David Ake | Getty Images News | Getty ImagesThe Bureau of Labor Statistics will not be releasing the January jobs report as scheduled Friday due to the partial government shutdown, a...
Musk’s $1 trillion pay package renews focus on soaring CEO compensation
Elon Musk's pay package of up to $1 trillion highlights the continued escalation in CEO compensation, even as worker pay slows and rewards to shareholders remain mixed, according to several studies. Already, Musk is the richest person on the planet with a net worth that tops $660 billion, according to...
Big Food gets leaner with divestitures and breakups as consumers turn away from packaged snacks
Kraft Heinz announced plans to split into two separately traded companies, reversing its 2015 megamerger, which was orchestrated by billionaire investor Warren Buffett. Justin Sullivan | Getty Images News | Getty ImagesBig Food is slimming down. As both consumers and regulators push back against ultra-processed foods, the companies that make...