Topline Rep. Jamie Raskin (D-Md.), the ranking member on the House Oversight Committee, called on committee chair Rep. James Comer (R-Ky.) and other Republican members to publicly denounce white supre...
Category: Finance
Live Finance News Updates.
Hoda Kotb Returns To NBC’s ‘Today’ After Daughter’s Hospitalization
Savannah Guthrie and Hoda Hotb on the set of NBC’s ‘Today’ NBC News Co-host Hoda Kotb returned to NBC’s Today Monday morning, revealing that she’d been away from the show caring for ...
Altria deepens push into vape biz with two deals
Altria Group Inc. said Monday it would buy e-vapor company NJOY Holdings Inc. for $2.75 billion in cash, its second deal in recent days in the smokeless-tobacco space. Altria MO, +0.59% said the trans...
Bank for International Settlements concludes CBDC project ‘Icebreaker’
In partnership with the central banks of Israel, Sweden, and Norway, the Bank for International Settlements (BIS) has finalized a project that explores the potential advantages and challenges of using...
CIEN Stock: Ciena Earnings Top Estimates As Supply Chain Problems Ease
Ciena (CIEN) on Monday reported January-quarter profit and revenue that topped analyst estimates as supply chain problems eased. The Ciena earnings beat and raised fiscal 2023 guidance sent CIEN stock...
A Nation’s Heavily Indebted Consumers Face a Painful Margin Call
(Bloomberg) — At the height of the Covid-19 pandemic, with his job as a delivery driver bringing plenty of overtime and the cost to borrow at record lows, James Kebe went on a spending spree. He...
Hertz Warrants Offer a Good Alternative to the Stock. How to Play It.
Bulls on Hertz Global Holdings should consider the rental car company’s unusual and attractively priced warrants, which offer an alternative to Hertz common shares. First, some details on Hertz Global...
This Stock Has A 4.38% Yield And Sells For Less Than Book
Stewart Information Services has been named as a Top 25 dividend stock, according the most recent Dividend Channel ”DividendRank” report. The report noted that among the coverage universe,...
Lordstown Motors’ Sales Were Dreadful. The Stock Is Rising Anyway.
Sales and earnings from electric vehicle start-up Lordstown Motors show just how hard it has been to launch a new electric truck. Results look rough, but the beaten-up stock is rising in early trading...
Altria makes $2.75B investment in e-cigarette startup NJOY
Days after exiting its stake in troubled electronic cigarette maker Juul, Altria announced a $2.75 billion investment in rival electronic cigarette startup NJOY. The Marlboro maker gets full ownership...
Vital Apple Supplier Taiwan Semiconductor To Appoint 6K Engineers
Taiwan Semiconductor Manufacturing Company Ltd (NYSE: TSM) looked to hire over 6,000 new staff in 2023. TSMC eyed young engineers with associates, bachelor’s, master’s, or doctorate degree...
Why the stock-market rally can keep going, says Morgan Stanley strategist who only recently warned of a death zone
On the heels of last week’s losing-streak breaking rally, investors look headed for the sidelines on Monday. Apart from an underwhelming growth forecast from China over the weekend that’s knocking oil...
Stock Market: 10 Stocks Are Practically Immune To More Fed Rate Hikes
Is the Fed done jacking up interest rates or not? Angst over that question is torturing the stock market — but a handful of S&P 500 stocks are all but immune. X Turns out that 10 stocks in the S&a...
Coinshares reports fourth consecutive week of digital asset investment product outflows
Coinshares reported a fourth consecutive week of digital asset investment product outflows. Outflows totaled $17 million last week ,with bitcoin leading the way. Short-bitcoin saw inflows for a...
Morgan Stanley Sees Near-Term US Stock Market Rally
(Bloomberg) — Morgan Stanley’s Michael Wilson, known for being one of Wall Street’s most bearish strategists, said he’s expecting stocks to rally in the short term. Most Read from Bloomberg Wils...
US Banks Are Finally Being Forced to Raise Rates on Deposits
(Bloomberg) — US banks are being forced to do something they haven’t done for 15 years: fight for deposits. Most Read from Bloomberg After years of earning next to nothing, depositors are discov...
Breakthrough For Tuberculosis—One Of The World’s Biggest Killers—As New Vaccine Shows Promise In Early Trials
Topline Researchers on Monday announced promising results for a tuberculosis vaccine that can be freeze-dried and safely stored at higher temperatures for months, hailing a major breakthrough in the f...
Check latest car recalls here
Overheating clutches. A recall resulting from a recall. Flying spoilers. More than one million vehicles have been recalled by major car manufacturers in the latest batch of recalls posted by the U.S. ...
Ji Chang-Wook To Be Honored At Asian Film Awards In Hong Kong
South Korean actor Ji Chang-wook attends his fan meeting in Taiwan. (Photo by Visual China Group … [+] via Getty Images) Visual China Group via Getty Images South Korean actor Ji Chang-wook will...
‘I’m losing over $1,100 each quarter due to fees.’ I’m in safe investments during this downturn, yet I’m still losing a lot of money from adviser fees. What should I do?
Question: I’m in a money market fund that I thought would protect my investment during these downturn times, but I’m losing over $1,100 each quarter due to fees to manage my money. What should I do? A...
Thunder’s Jalen Williams Continues To Rise As A Top Rookie
OKLAHOMA CITY, OKLAHOMA – MARCH 01: Jalen Williams #8 of the Oklahoma City Thunder yells after a … [+] slam dunk during the second quarter against the Los Angeles Lakers at Paycom Center o...
Binance renews pledge to create and fund Web3 education for women
Binance, the largest cryptocurrency exchange in the world by trading volume, is reiterating its commitment to increasing the number of women who are both engaged and employed in the Web3 industry in l...
Comedian Dax Shepard says you should ‘clean up’ this part of your finances. Pros say it’s an easy way to save thousands
Armchair Expert host, actor and comedian Dax Shepard may be worth $40 million, but he hasn’t forgotten how to save. Getty Images Actor and comedian Dax Shepard has a long list of accolades that includ...
Will SOFI Stock (NASDAQ: SOFI) touch USD 8.00?
SOFI Technologies is an American online personal finance company known for providing financial loans. The stock has faced headwinds in the last 15 days, corrected over 20% from the top. Recently, SOFI...
The 6% CD has arrived. Should you bite?
Getty Images/iStockphoto Thanks to rapidly rising interest rates, many reputable banks and credit unions are now offering certificates of deposit with impressive rates above 4%. And in at least two ca...
Goldman Says Buy Apple After Years on Sidelines of 300% Advance
(Bloomberg) — Goldman Sachs Group Inc. is recommending buying Apple Inc. shares for the first time in nearly six years, after being mostly on the sidelines as the iPhone maker’s stock more than ...
U.S. stock futures retain Wall Street’s rally ahead of Powell testimony and jobs data
U.S. stock futures were steady early Monday, holding their latest rally ahead of testimony from Federal Reserve Chair Jerome Powell and crucial jobs data later in the week. How are stock-index futures...
Mark Mobius warns that investors should ‘be very, very careful’ in China, after revealing he can’t get his money out of the country
Veteran emerging markets investor Mark Mobius said that investors should “be very, very careful investing in China,” after struggling to get his money out of the country. More from Fortune: Mobius, fo...
LINK maintains bearish momentum at $6.8 – Cryptopolitan
ChainLink price analysis for March 6, 2023, reveals the market following a massive downward movement, showing decreasing momentum, signifying negativity for the LINK market. The price of ChainLink has...
Silvergate downgraded to underperform at Wedbush on prospects for liquidation after its shuts down its exchange network
Silvergate Capital Corp. SI, +0.87% stock fell 9.7% in premarket trades Monday after the company announced it’s shutting down its crypto currency payments network called the Silvergate Exchange Networ...