The exterior of a Dollar General convenience store is seen in Austin, Texas, on March 16, 2023. Brandon Bell | Getty Images Dollar General’s former CEO Todd Vasos is coming out of retirement to ...
Category: Finance
Live Finance News Updates.
FDA Bans Sale Of Top-Selling Vuse Menthol E-Cigarettes
Topline The Food and Drug Administration ordered Reynolds American on Thursday to stop selling menthol-flavored e-cigarettes under the company’s Vuse Alto brand—a flavor that has generated $1.6 billio...
United States 4-Week Bill Auction up to 5.325% from previous 5.31%
Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in...
Australia announce plans to regulate digital service providers
The Australian government announced its intention on Wednesday to introduce legislation that would grant the central bank the authority to regulate digital wallet providers, a move that could affect s...
RTX) Price Jump Over $90 By 2023 End?
The RTX stock’s dividend yield for the TTM is 3.11% and its last dividend payment was $0.59 per share. The RTX last ex-dividend date was August 17th, 2023 and its payout ratio is 59.39%. The RTX stock...
David Beckham says he supports Manchester United sale
Inter Miami co-owner and President David Beckham backs a takeover of his original club Manchester United. “At the moment, there’s no stability,” the longtime former midfielder for th...
Unity CEO Exits, Raves For Quest 3, GenAI Apps Compared
John Riccitiello, CEO of Unity during the VR at Google presentation during the Google I/O conference … [+] at Shoreline Amphitheatre in Mountain View, California on Thurs. May 19, 2016. (Photo B...
Gold edges lower as hot US headline inflation prompts bond yields
Gold price holds gains tightly as Fed policymakers support an unchanged monetary policy ahead. The US Dollar reported bearish closes six times in a row as hawkish Fed bets wane. US CPI data came in br...
Hong Kong and UAE central banks intensify collaboration to foster the development of CBDCs
Hong Kong and the United Arab Emirates (UAE) have intensified their financial collaboration through various fintech initiatives. The partnership’s primary focus is to develop Central Bank Digital Curr...
Automaker ‘at the limit’ of what it can offer
Members of the United Auto Workers union picket outside the Michigan Assembly Plant in Wayne, Michigan, on Sept. 26, 2023. Matthew Hatcher | AFP | Getty Images DETROIT – Ford Motor is “at the li...
Getting to 2% inflation won’t be easy. This is what has to happen
A construction in a multifamily and single family residential housing complex is shown in the Rancho Penasquitos neighborhood, in San Diego, California, September 19, 2023. Mike Blake | Reuters In the...
Interest rates take center stage with banks set to report
Bank stocks remain under pressure due to high interest rates as financial firms like Club holdings Wells Fargo (WFC) and Morgan Stanley (MS) get ready to kick off earnings season. Like other big banks...
University Of Pennsylvania Denies Antisemitism Accusations Made By Billionaire Board Member
Topline The University of Pennsylvania defended its president and board chair against calls for their resignation, after a billionaire alumnus argued the school has given safe harbor to antisemitic rh...
AUD/USD tumbles to near 0.6350 after hot US headline inflation data
AUD/USD slips perpendicularly to 0.6350 as headline inflation remains higher due to rising gasoline prices. The monthly headline consumer inflation rose by 0.4% while investors forecasted a growth rat...
Rocket League set to suspend its in-game item trading feature
In a recent announcement that has stirred controversy among Rocket League enthusiasts, game developer Psyonix revealed its decision to put an end to in-game item trading. This move highlights the ongo...
Top 5 Banking Stocks of Australia That Investors Must Know About
Most people believe that investing in banking stocks is quite profitable. While they’re not totally wrong, there are factors to consider when dealing with this niche. These financial institutions are ...
Maersk signs with SpaceX to add Starlink internet to over 330 ships
Maersk is one of the world’s biggest container shippers. Andia | UIG via Getty Images Danish logistics giant Maersk is adding SpaceX’s Starlink to more than 330 container ships, the compan...
Hamas war could affect Israel economy
Israeli armuy soldiers deploy at a position near the border with Gaza in southern Israel on October 11, 2023. Menahem Kahana | AFP | Getty Images As Israel prepares for what could be a long war with m...
Bank earnings kick off after another period of rising rates, bad loans
Jamie Dimon, Chairman of the Board and Chief Executive Officer of JPMorgan Chase & Co., gestures as he speaks during an interview with Reuters in Miami, Florida, U.S., February 8, 2023. Marco...
Post-Season Pitching Proves Plan By Cleveland Guardians Was Sound
Turns out that the best-laid plans of Cleveland Guardians president Chris Antonetti and his staff were spot-on for succeeding in the 2023 MLB playoffs. Too bad they didn’t get there. They assembled a ...
Screening For The Largest Upward Earnings Estimate Revisions
. Since both positive and negative earnings surprises—that is, reported earnings above or below analyst expectations—can have lingering long-term effects, tracking revisions made by analysts is a rewa...
Turo Stock Price, Symbol: How to Invest in Turo?
Turo is a peer-to-peer car rental platform that has been seeing quite a bit of growth in recent years. Therefore, it’s not too surprising that many people are wondering how to invest in Turo. In this...
Consolidation following recent advances
The S&P 500 index gained 0.43% yesterday as it basically went sideways following the recent advance. Stocks were gaining since last Friday and the monthly jobs data release. The index bounced from...
UK Committee Tightens The Security Regulations Around NFTs
Non-fungible tokens (NFTs) gave a major boost to artists, creators, and collectors across the globe. They have been touted as the most empowering thing that ever happened to creative professionals. Ho...
Comcast, Disney hire Morgan Stanley, JPMorgan to value Hulu
Bob Iger, CEO, Disney, and Brian Roberts of Comcast Getty Images Comcast and Disney have hired investment banks to value Hulu, the next step in what’s been a nearly five-year process to put the ...
Consumer prices rose 0.4%, more than expected
Prices that consumers pay for a wide variety of goods and services increased at a slightly faster-than-expected pace in September, keeping inflation in the spotlight for policymakers. The consumer pri...
Cooperman expects little from market, only watching individual stocks
Leon Cooperman at the 2019 Delivering Alpha conference in New York on Sept. 19, 2019. Adam Jeffery | CNBC Billionaire investor Leon Cooperman said he remains a bear with little interest in the broader...
Iran Barred From Accessing $6 Billion Released By U.S. For Humanitarian Aid, Report Says
Topline The U.S. and the Qatari government will prevent Iran from accessing $6 billion in humanitarian aid funded by Iranian oil sales that was unfrozen by the United States earlier this year as part ...
How China Invests Trillions of Hidden Reserves
Zoe Liu wanted to study pipelines, but someone beat her to it. She pivoted. Instead of investigating the flow of natural gas between countries, she changed her focus to financial flows. This led back ...
Russia Foreign Trade up to $10.997B in August from previous $5.489B
Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in...
Cardano to the moon? ADA could ‘break out’ in December
Cardano (ADA) has been trading in one of its longest consolidation phases, which currently resembles ADA’s consolidation observed from 2018 to 2020, in anticipation of 2021’s euphoric bull market. Acc...
Music Industry Confronts Unauthorized AI Vocal Cloning Services
In a significant development, the Recording Industry Association of America (RIAA) has taken a strong stance against unauthorized AI vocal cloning services. The RIAA is now urging the U.S. government ...