Hopes Rise on Debt Ceiling Deal, Prompting Another Positive Day on Wall Street

Brian Jacobsen, chief economist with Annex Wealth Management, joined Cheddar News to discuss the positive sessions for the stock market as investors were optimistic of a debt ceiling deal ahead of the June 1 deadline.

More In Business

Stocks Open Lower on Weak China Data

Stocks opened Tuesday's session lower after data in China showed slow growth in services activity.

Big Business This Week: Walgreens CEO Out, Best Buy Outlook, Hiring Report and More

The Week's Top Stories is a guided tour through the biggest market stories of the week, from winning stocks to brutal dips to the facts and forecasts generating buzz on Wall Street.

Tesla Reveals Updated Model 3 With Higher Price Tag

Tesla has revealed its updated Model 3.

Ford Recalling 169,000 Vehicles to Replace Rear Cameras

Ford is recalling 169,000 vehicles to replace rearview cameras.

Robinhood to Buy Back Sam Bankman-Fried's Shares

Robinhood said it would buy back shares from disgraced former FTX head Sam Bankman-Fried.

Walgreens CEO Steps Down

Walgreens said its CEO Rosalind Brewer has stepped down and appointed an interim CEO while a search for a replacement is underway.

FTC Allows Amgen to Buy Horizon for $27.8 Billion

The Federal Trade Commission has given the green light to Amgen's purchase of Horizon Therapeutics.

Mortgage Rates Down This Week After Several Increases

Mortgage rates were down this week after being up for the past five weeks.

U.S. Adds 187,000 Jobs in August

U.S. job growth remained strong in August but showed signs of cooling.

Hyundai, LG to Invest Additional $2B in EV Battery Plant

Hyundai, LG to Invest Additional $2B in EV Battery Plant

Load More