Rite Aid Expects Full-Year Adjusted Loss

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Rite Aid Expects Full-Year Adjusted Loss

U.S. stocks climbed Thursday, after a drop in weekly jobless claims and a rise in orders of durable goods. Meanwhile, mortgage rates hit their highest level since April. Jun 24, …
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Mortgage rates rise to highest levels in two months

According to the latest data released Thursday by Freddie Mac, the 30-year fixed-rate average climbed to 3.02 percent with an average 0.7 point. (Points are fees paid to a lender equal to 1 percent of the loan amount. They are in addition to the interest rate.) It …
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Dollar Tree Shares Fall on Downgrade

Shares of Dollar Tree Inc. were down more than 2% in recent trading after analysts at Piper Sandler & Co. cited inflation in downgrading the stock. Analysts Peter Keith and Robert Friedner wrote that the downgrade is based on concerns of intensifying inflation …
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Andreessen Horowitz gears up for more mega crypto bets

Now venture capital firm Andreessen Horowitz is set to keep pushing the records higher. Among the most active and earliest investors in the blockchain space, a16z announced its third dedicated crypto fund with $2.2 billion on Thursday, per my colleague, …
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Evergrande Major Creditor Minsheng Says It Has Cut Exposure

Bonds of the world's most indebted real estate company slumped on Tuesday after Bloomberg News reported several large Chinese banks are
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