Finance

Moody’s flags risk in Oracle’s $300 billion of recently signed AI contracts

Moody’s flags risk in Oracle’s $300 billion of recently signed AI contracts

By Matt Tracy WASHINGTON (Reuters) -U.S. credit rating agency Moody’s Ratings flagged several potential risks in Oracle Corp’s $300 billion of recently signed artificial intelligence c...

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Americans are sprinting to refinance their mortgages as rates fall

Americans are sprinting to refinance their mortgages as rates fall

Applications to refinance a mortgage rose 70% last week compared to the same week a year ago, according to MBA datacarlofranco/Getty Images Mortgage refinance applications rose 58% last wee...

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Chemicals, autos lead as rail freight bests year-ago traffic

Chemicals, autos lead as rail freight bests year-ago traffic

Freight on U.S. railroads totaled 514,167 carloads and intermodal units, off 1.6% from the same week in 2024 but still ahead year-to-date. Total freight for the week ending Sept. 13 came to 231,23...

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Sell the News? Bitcoin Market Shrugs Off Fed Moves: Analysis

Sell the News? Bitcoin Market Shrugs Off Fed Moves: Analysis

Fed fatigue or was it simply priced in all along? Bitcoin is down a paltry 1% today, currently trading at around $115,500, following the Federal Reserve’s widely telegraphed quarter-point r...

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Cracker Barrel Outlook Falls Short After Rebrand Controversy

Cracker Barrel Outlook Falls Short After Rebrand Controversy

(Bloomberg) — Cracker Barrel Old Country Store Inc. offered sales guidance for the current fiscal year that missed expectations, suggesting the brand is still dealing with the fallout from i...

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Outpost doubles terminal network capacity to $1 billion

Outpost doubles terminal network capacity to $1 billion

Outpost, a national truck terminal owner and automation company, and GreenPoint, a real assets investment firm, announced Wednesday additional capital that doubles their truck terminal platform t...

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