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Ferrero Buys WK Kellogg in $3.1 Billion Breakfast Bet

Global snack giant expands U.S. reach with cereal acquisition Ferrero, the Italian confectionery powerhouse behind Nutella and Ferrero Rocher, announced Thursday it will acquire WK...

New Credit Score Option Aims to Expand Mortgage Access

Fannie and Freddie to accept VantageScore 4.0 alongside FICO The U.S. mortgage landscape is undergoing a major shift as Fannie Mae and Freddie Mac will...

China’s Rare Earth Curbs Shake Magnet Industry

Export drop, weak EV demand push producers to the brink China’s export restrictions on rare earth magnets have disrupted the global auto supply chain and...

UK Markets Jitter as Chancellor Reeves Weathers Crisis

Bond yields spike before Starmer reaffirms full support Markets were rocked Wednesday by the emotional breakdown of U.K. Chancellor Rachel Reeves during a heated session...

Private Hiring Falls in June, Raising Economic Red Flags

ADP reports unexpected job losses as services sector contracts Private sector hiring in the U.S. unexpectedly contracted by 33,000 jobs in June, according to payroll...

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