Beechcraft King Air turboprop aircraft are seen on the assembly line at the Textron Aviation Inc. production facility in Wichita, Kansas, on Thursday, June 7, 2018. Luke Sharett | Bloomberg | Getty Im...
Category: Finance
Live Finance News Updates.
Amazon Alexa Layoffs, Jeff Bezos Updates
| AFP via Getty Images Key Takeaways Amazon laid off 10,000 workers, primarily in its Alexa division, as it underperforms expectations. The company continues to deal with warehouse workers attempting ...
Jim Cramer disagrees with Jamie Dimon on recession
U.S. consumer is still spending about 10% more versus a year ago on the back of $1.50 trillion in excess savings from the pandemic-related relief packages. But there’s always a possibility that all of...
TuSimple And Navistar End Self-Driving Truck Development Deal
TuSimple Holdings Inc (NASDAQ: TSP) and Navistar agreed to terminate their co-development under the 2020 Joint Development Agreement. “I decided to return as TuSimple’s CEO to address the ...
I can’t recommend Penn Entertainment
Penn Entertainment Inc: “Everybody’s in this darn business. … I do like Penn. They’re good guys, but I cant recommend the stock right now.” Symbotic Inc: “They̵...
Morgan Stanley cut about 2% of staff Tuesday, sources say
James Gorman, chief executive officer of Morgan Stanley, speaks during a Bloomberg Television interview on day three of the World Economic Forum (WEF) in Davos, Switzerland, on Thursday, Jan. 24, 2019...
Phillies Use Bryce Harper Model To Sign Trea Turner For Next Decade-Plus
FILE – Los Angeles Dodgers’ Trea Turner celebrates as he runs the bases on a solo home run against … [+] the San Diego Padres during the third inning in Game 2 of a baseball NL Divis...
Black Friday Sales And Holiday Outlook
| AFP via Getty Images Key Takeaways Best Buy was able to beat analyst predictions for profit and revenue in a surprising earnings report for the third quarter. Despite fears of a looming recession in...
How Costco keeps the peace with its employees
Steady membership fees and cost savings helped fuel Costco (COST) to record membership renewal rates this year, driven in part by concerns about inflation. But the Issaquah, Washington–based company h...
Fed can’t stop raising interest rates due to these 4 factors
CNBC’s Jim Cramer on Monday listed four reasons why the Federal Reserve can’t stop tightening the economy just yet. Not enough people are reentering the workforce. That makes it more diffi...
More Housing, Not Outrage, Is The Answer To Higher Rents
Housing problems are worth getting angry about, but more housing, not more outrage, is what will … [+] stabilize housing prices. getty An article in the New York TimesNYT , “The Rent Revolution ...
Mainland Investors Buy The Dip As COVID Rollback Rolls On
China Last Night KraneShares Key News Asian equities were largely lower, as the Philippines had a great day and China posted a small gain. Hong Kong was off overnight though not nearly as much as US l...
Is Nexo safe? Lender withdraws from US market
Nexo, the crypto lending platform, announced Monday that it is pulling out of the US market. It blamed the hostile US regulatory environment for the move, following a collapse in longtime talks with l...
Top Democrat Faces Backlash over Tweet to SBF
CoinMarketCap News, Dec. 5: Top Democrat Faces Backlash over Tweet to SBF But first — subscribe to our newsletter. Listen to the CoinMarketRecap podcast on Apple Podcasts, Spotify and Google Podcasts ...
Oryen Network, Tron, And FTM Will Be Next Bull Market Gems
You could be asking which tokens provide the greatest chance to achieve highest returns if you look back on cryptocurrencies like BTC, ETH, DOGE, and regret not investing in them before they saw signi...
Ford CEO says 65% of U.S. dealers agree to sell EVs
Ford F-150 Lightning trucks manufactured at the Rouge Electric Vehicle Center in Dearborn Michigan. Courtesy: Ford Motor Co. DETROIT – About 65% of Ford Motor’s dealers have agreed to sell elect...
Jim Cramer’s Investing Club meeting Tuesday: Bank pick, layoffs play
Every weekday the CNBC Investing Club with Jim Cramer holds a “Morning Meeting” livestream at 10:20 a.m. ET. Here’s a recap of Tuesday’s key moments. WFC is a buy Still like PG...
Capitol Police Chief Says Failures That Led To Jan. 6 Have Been ‘Fixed’—But Concerns Remain Over Extremist Groups
Topline U.S. Capitol Police Chief Tom Manger said Monday failures that led to the January 6 riots have “largely been fixed” but warned that extremist groups involved in the attack remain a threat, in ...
JPMorgan Billionaire Dimon Warns That Americans’ Pent-Up Savings Will Deteriorate—Fueling Recession Next Year
Topline Billionaire JPMorgan CEO Jamie Dimon warned on Tuesday that the strength of consumer spending is likely to wane as persistent inflation and higher interest rates force consumers to wind down e...
U.S. army picks Textron over Lockheed Martin for a big contract
Textron Inc (NYSE: TXT) opened nearly 10% up on Tuesday after the U.S. army picked the Bell V-280 Valor as its future long-range assault aircraft (FLRAA). Army wants to retire Black Hawks The U.S. arm...
LeBron James — now worth an estimated $1 billion — learned this simple lesson about saving money early in life. Pros say far more of us need to learn it too.
Lebron James Getty Images Basketball star and businessman LeBron James is now worth an estimatd $1 billion, according to Forbes, but the Ohio-native didn’t grow up wealthy and his family struggled to ...
Can Rocketize Go Up Against The Giant Cardano?
As new cryptocurrencies flood the market, finding ground-floor crypto stocks with a possibility of success has become increasingly challenging. When selecting projects to invest in, it is preferable t...
Orbeon Protocol is likely to grow faster than Tezos and Algorand
Tezos (XTZ) and Algorand (ALGO) have been left vulnerable as the cryptocurrency market is in deep crypto winter, with both coins bearing massive losses. Orbeon Protocol (ORBN) will change venture capi...
Dallas Mavericks Interested In Trading For New York Knicks Guard Derrick Rose
NEW YORK, NEW YORK – NOVEMBER 30: Derrick Rose #4 of the New York Knicks in action against the … [+] Milwaukee Bucks at Madison Square Garden on November 30, 2022 in New York City. NOTE TO...
FTSE 250 Stocks Round-Up: Tritax Eurobox, SSP Group
Photographer: Chris Ratcliffe/Bloomberg © 2016 Bloomberg Finance LP FTSE 250 shares Tritax EuroBox and SSP Group have both gained value following fresh trading statements on Tuesday. Here are the key ...
Rapid Insights: Curve’s Stablecoin Protocol
December 6, 2022, 9:20AM EST • 4 min read Quick take Curve initially gained popularity as an exchange for similarly priced assets, but has since expanded to other DeFi products. Recently, Curve rele...
Can Runfy Deliver Higher Rewards To Holders Alongside Solana And Cosmos?
Blockchain technology consistently delivers new approaches and projects to reward cryptocurrency holders significantly. With its groundbreaking fitness-to-earn strategy, emerging cryptocurrency Runfy ...
dappOS protocol enrolls into Binance Labs incubation program
The dappOS protocol has been accepted into the fifth season of the vaunted Binance Labs Incubation Program, beating over 900 competitors for one in 12 places. The announcement comes as dappOS – the fi...
Sam Bankman-Fried’s Robinhood stake is tied up in FTX bankruptcy proceedings, CEO Tenev says
Robinhood Markets, Inc. CEO and co-founder Vlad Tenev and co-founder Baiju Bhatt pose with Robinhood signage on Wall Street after the company’s IPO in New York City, U.S., July 29, 2021. Andrew ...