Nordstrom to be acquired by Nordstrom family and Mexican retail group for $6.25B

Century-old department store Nordstrom has agreed to be acquired and taken private by Nordstrom family members…

President-elect Trump transfers close to $4B worth of his Trump Media shares to trust

Shares of Trump Media and Technology Group slid in midday trading Friday after President-elect Donald Trump…

Stock market today: Nasdaq hits a record as Wall Street drifts ahead of Federal Reserve’s meeting

NEW YORK — U.S. stock indexes drifted amid mixed trading Monday, ahead of this week’s upcoming…

Average rate on 30-year mortgage hits 6.6%, its third straight weekly decline

The average rate on a 30-year mortgage in the U.S. eased for the third week in…

Stock market today: World stocks are mixed ahead of key US inflation data

HONG KONG — European markets opened lower while Asian stocks were mixed on Wednesday after U.S.…

Stock market today: Nvidia drags Wall Street lower as oil and gold rise

NEW YORK — A slide for market superstar Nvidia on Monday is helping to pull U.S.…

Omnicom to acquire Interpublic, forming $26Bn ad agency giant in annual revenue

Omnicom is buying Interpublic Group in a stock-for-stock deal that will create the largest ad agency…

Activist investors urge Macy’s to create a real estate unit among other changes to boost stock

NEW YORK — Activist investor Barington Capital Group is calling on department store retailer Macy’s to…

AT&T sees earnings growth over 3 years; eyes $40B in anticipated shareholder returns

AT&T anticipates earnings growth over the next three years thanks to the momentum of 5G and…

BlackRock buying credit investment manager HPS Investment Partners in approximately $12 billion deal

BlackRock is buying credit investment manager HPS Investment Partners in a stock deal valued at about…