Author: Wine and Stocks

Peter Jackson, who has worked at Builders FirstSource for seven years, will be the next CEO of the company.

Darden Restaurants Inc.’s stock rose 6% premarket Thursday, after the parent to Olive Garden, LongHorn Steakhouse and other restaurant chains’ fiscal first-quarter earnings fell short of estimates, but it backed guidance for the full year.

Shares of Intuitive Machines Inc. were set to skyrocket Wednesday, lifted by the award of a NASA contract that could be worth up to $4.82 billion. 

Merck & Co. Inc. said Wednesday the U.S. Food and Drug Administration has approved its blockbuster cancer drug Keytruda as a treatment for malignant plural mesothelioma, a rare cancer associated with asbestos.

A traditionally better fourth quarter and Fed rate cuts should support the stock market rally says Deutsche

The challenge: Keep interest rates low enough for the U.S. economy to expand, but not so low as to overheat labor markets.

Oil futures rose Monday, shaking off another round of lackluster data from China as investors await a decision by the Federal Reserve this week that’s expected to center on how much to cut its key interest rate.

The Indian lender saw its stock price more than double as it made its trading debut on the Bombay Stock Exchange

There are already indications that more homeowners are refinancing, but the timing isn’t right for everyone.

“I do not want to be unfair to my siblings, but I also do not want them to own an interest in my house.”