The U.S.-listed shares of XPeng Inc. plunged Friday to snap a five-day win streak, as price cuts by Tesla Inc. in China soured sentiment toward China-based electric vehicle makers. The stock XPEV, -15...
Category: Finance
Live Finance News Updates.
Most Americans Disapprove Of Chaotic House Speaker Race—But Most Republicans Are Happy With Process, Poll Finds
Topline The majority of Americans disapprove of Republicans’ handling of the history-making House speaker election that ended just after midnight Saturday following 15 rounds of votes and high drama o...
Can ‘Wednesday’ Replace The Coming Void Left By ‘Stranger Things’ On Netflix?
Wednesday Dance As we knew they would, Netflix announced that Wednesday was getting renewed for season 2 this week, which was fairly obvious given how well it’s performed as one of the service’s top s...
Bearish Bets: 3 Big Board Stocks You Should Think About Shorting This Week
Each week we identify names that look bearish and may present interesting investing opportunities on the short side. Using technical analysis of the charts of those stocks, and, when appropriate, rece...
Can I Harness the Bear Market to Cut My RMDs and Tax Bill?
I am currently in a 12% tax bracket and attempting to convert as much money as I can to a Roth individual retirement account (IRA) without going into the next bracket. I am trying to do this to reduce...
Website Launched SBF victims: Prosecutors Urges for Emails
US prosecutors launched a website for SBF victims on Friday. Federal prosecutors are now to use only the website to contact victims. The US Attorney suggests more indictments to follow. In a compli...
Are We Headed For A ‘Richcession?’ Why The Wealthy Stand To Lose The Most If The Economy Stalls
| Getty Images Key Takeaways Recessions generally have an outsized impact on working and middle-class workers. The tight job market could protect lower-wage employees from potential layoffs during a r...
Top 5 Auto Stocks For 2023
| Getty Images Key Takeaways With the chip shortage over, more cars are making it to dealer lots, increasing the inventory, and options for buyers by extension. Many automakers continue to push into t...
Two-Time Champion Naomi Osaka Withdraws From Australian Open
MELBOURNE, AUSTRALIA – FEBRUARY 20: Naomi Osaka of Japan poses with the Daphne Akhurst Memorial Cup … [+] after winning her Women’s Singles Final match against Jennifer Brady of the United...
Roman Reigns Vs. Cody Rhodes And The 5 Most Likely Main Events
Cody Rhodes is poised for a huge WWE return. (Credit: Frank Jansky/Icon Sportswire via Getty Images) Icon Sportswire via Getty Images WrestleMania 39 is already shattering WWE ticket sales records and...
Why Gold Is Still The Best Money
For most of US history — 1789 to 1971, a period of 182 years — the United States embraced the idea of a currency that is stable, reliable, and definite. In practice, this meant a currency whose value ...
Cryptocurrencies to watch for the week of January 9, 2023
As the first week of 2023 ends, most cryptocurrencies have traded in the green zone after massive sell-offs over the past year. Notably, some assets aim to build on the fuel that has inspired a mini-r...
The Science Of Why People Don’t Understand Fans Of Multiple Sports Team
LOUISVILLE, KY – SEPTEMBER 16: Camren McDonald #87 of the Florida State Seminoles celebrates with … [+] fans after the game against the Louisville Cardinals at Cardinal Stadium on Septembe...
Macy’s lowers its revenue guidance for the holiday quarter
Macy’s Inc (NYSE: M) tumbled in extended hours on Friday after the retailer warned of a potential softness in its current quarter results. Macy’s hints at consumer weakness The department store chain ...
SAND Price Analysis: Will the bulls be able to hold the $0.379 mark?
SAND bounces off the support level. The pair of SAND/USDT at the price level of $0.419 with a decrease of -3.75% in the past 24 hours. 2022 was a bad year for the cryptocurrency currency market, with ...
Billionaire Chamath Palihapitiya Predicts Biggest Loser in 2023 Amid Rise of Artificial Intelligence
Billionaire investor Chamath Palihapitiya is predicting who will be the biggest loser in business markets this year amid the ascent of artificial intelligence. In a new episode of the All-In podcast, ...
Why Is Apple Stock Still Falling? Production Problems Still Driving This Stock Down
| Getty Images Key Takeaways Apple stock prices fell some 27% in 2022. Production problems in Chinese factories are putting downward pressure on stock prices. Apple hit a $3 trillion valuation in Janu...
Opposite Neel Kashkari’s Analysis, ‘Surge Pricing’ Has Nothing to Do with Inflation
“Our models seem ill equipped to handle a fundamentally different source of inflation, specifically, in this case, surge pricing inflation.” That’s what Minneapolis Fed president Neel Kashkari wrote t...
The Most Romantic Luxury Hotels In NYC
Many luxury hotels in New York City have created romantic packages for Valentine’s Day. getty An overnight stay (or more) at a five-star hotel in New York City is a wonderful way to either jumps...
BSV Price Analysis: Token faces strong resistance at the 50 EMA
The BSV token price is trading below the demand zone on a daily time frame. The pair of BSV/USDT is trading at the price level of $43.470 with a gain of 0.60% in the past 24 hours. So far, 2022 has be...
Trading in unbacked digital assets should be treated as gambling: ECB Executive board member
High leverage, interconnectedness and the lack of a governance structure triggered the ‘chain’ of bankruptcies in 2022. The board member believes the world lost faith in crypto in 2022. Crypto has “fu...
Here’s My Shiny New Top Stock Pick for 2023
As a position trader, holding on to an investment for an entire year is pretty difficult. However, if a stock’s technicals and fundamentals don’t deteriorate, there’s really no reaso...
When Does ‘Wednesday’ Season 2 Come Out On Netflix?
LOS ANGELES, CALIFORNIA – NOVEMBER 16: (EDITOR’S NOTE: Image was created in black and white. Color … [+] version not available.) Jenna Ortega attends the world premiere of Netflix...
Dow Jones Futures Loom After Market Rally Takes Big Step; 9 Stocks Flash Buy Signals
Dow Jones futures will open on Sunday evening, along with S&P 500 futures and Nasdaq futures. X The stock market rally attempt had a strong finish Friday, with the major indexes moving sharply hig...
Reddit’s 50 Most Talked-About Shows Of 2022
The Boys Amazon You’ve seen a lot of “best of” lists at this point, but I did find this new list rather interesting. It’s from u/Grubster11, who says they scraped 50,000 comments from every weekly rec...
Lee Sun-Kyun Is Compelling In K-Drama ‘Payback: Money And Power’
Lee Sun-kyun’s character prepares to return to Korea and fight. Amazon Prime Best known for playing the insensitive wealthy dad in the Academy Award-winning film Parasite and for his role as a c...
Tesla’s Tom Zhu Gets Promoted To Second In Command After Elon Musk
| Getty Images Key Takeaways Tesla’s chief officer over China has been given a large promotion. Tom Zhu takes over the electric vehicle maker’s U.S. assembly plants and sales operations in North...
Why Goodyear is all in on making tires from corn and soybean oil
The era of making tires solely from various unfriendly Earth materials is coming to a close, at least according to Goodyear Chairman and CEO Rich Kramer. “It’s the right thing to do as we ...
Analysts Remain Bullish On Oil Prices Despite Looming Headwinds
BEIJING, CHINA – DECEMBER 09: Medical workers wear PPE as they arrive with a patient on a stretcher … [+] at a fever clinic on December 9, 2022 in Beijing, China. In a major shift in the c...
U.S. Investigators Subpoena Hedge Funds in Binance Money-Laundering Probe: Report
Federal prosecutors are investigating the relationship between Binance and U.S.-based hedge funds as part of a broader investigation into the cryptocurrency exchange’s possible skirting of money...
The Dow takes ‘important first step’ toward a new bull market
Don’t dis the Dow Jones Industrial Average just because it’s made up of only 30 stocks, because if the stock market bounces back from last year’s selloff, it’ll be the Dow that leads it. With the Dow ...