A record number of holiday shoppers – 196.7 million – flocked back to stores and hunted for deals from Thanksgiving Day to Cyber Monday, according to a survey by the National Retail Federation, which ...
Category: Finance
Live Finance News Updates.
Tristan Wirfs Injury Complicates Tough Stretch For Tampa Bay Buccaneers
CLEVELAND, OHIO – NOVEMBER 27: Tristan Wirfs #78 of the Tampa Bay Buccaneers is carted off the field … [+] during overtime against the Cleveland Browns at FirstEnergy Stadium on November 2...
How Much Money Do You Need To Retire at 57?
To most of us who have to go to work every day, retirement sounds wonderful. Getting out of the rat race early sounds like an even better idea. Instead of working until we’re in our 60s, retirin...
Silvergate refuses the latest FUD, verifies the least exposure to BlockFi
Silvergate has verified a least exposure to a digital asset lender BlockFi. Silvergate has been a topic of many FUD (fear, uncertainty, and doubt) or wrong and confusing statements Relationship betwe...
Why California’s $46 Billion Wine Industry Is Better Prepared For Climate Change Than Some Of Its Competitors?
Sunset in the vineyards of Sonoma County, CA getty Climate change poses a significant threat for all of agriculture, but it has particularly disruptive potential for the wine industry. This is because...
The Microsoft stock sell-off is overdone, analyst says
Microsoft’s stock drop of 28% so far in 2022 amid growth concerns now looks overdone, Morgan Stanley says. “While investors worry forward numbers have not been de-risked, we see a strong (...
Avalanche price analysis: AVAX sits within $11-12 range with bears in control
Avalanche price analysis continues to show bears in control of price action, as the token extended its horizontal trend that has been in place since the start of November. After dropping below the $13...
Tesla’s dominance of EVs is eroding as cheaper cars hit the market
Tesla is still the top-selling electric vehicle brand in the U.S., but its dominance is eroding as rivals offer a growing number of more affordable models, according to a report Tuesday by S&P Glo...
Double-digit percentage drop will hit stocks in 2023: Morgan Stanley
Investors may be on the doorstep of a deep pullback. Morgan Stanley’s Mike Wilson, who has a S&P 500 year-end target of 3,900 for next year, warns corporate America is getting ready to unlea...
Giving Tuesday, Wine Style
Radical generosity. That’s a phrase that’s caught my eye for this year’s round of Giving Tuesday — today — when consumers proactively “zoom out” their holiday spending to also include support for nonp...
Most deeply inverted Treasury curve in more than 4 decades has one upbeat takeaway for investors
One of the bond market’s most reliable indicators of impending U.S. recessions is pointed in a pretty pessimistic direction right now, but contains at least one optimistic message: The Federal Reserve...
Netflix’s plan kept ‘Glass Onion’ from more box office millions
Netflix probably left hundreds of millions of dollars on the table by not keeping Rian Johnson’s “Glass Onion” in theaters. The sequel to Johnson’s critically acclaimed “...
Walmart Shooting Survivor Sues Company For $50 Million—Claiming It Knew Alleged Gunman Was Dangerous
Topline One of the survivors of the mass shooting at a Walmart in Chesapeake, Virginia, last week filed a $50 million lawsuit against the company on Tuesday, alleging the company knew the store manage...
Fidelity’s Six Year-end Money Moves You Shouldn’t Forget
SmartAsset: fidelity is on the case to tell you about the six-year-end money deadlines you shouldn’t forget As 2022 draws to a close, it’s an excellent time to make important year-end fina...
AMC Networks plans layoffs as CEO steps down after less than three months
AMC Networks told its employees Tuesday that it is planning significant layoffs, according to people familiar with the matter and a memo obtained by CNBC. The memo, sent by AMC Networks Chairman James...
In Signing Kemba Walker, The Dallas Mavericks Are Addressing Shortsighted Offseason Decisions
NEW YORK, NEW YORK – DECEMBER 21: Kemba Walker #8 of the New York Knicks in action against the … [+] Detroit Pistons at Madison Square Garden on December 21, 2021 in New York City. NOTE TO...
‘Cash is king’ right now, says strategist
Rallies within the current bear market are a good time to reallocate holdings — and staying in cash isn’t a bad idea, says one strategist. “We’re recommending to take advantage of these times when the...
Shares of Lordstown (RIDE) rise as company begins deliveries
Lordstown Motors gave rides in prototypes of its upcoming electric Endurance pickup truck on June 21, 2021 as part of its “Lordstown Week” event. Michael Wayland / CNBC Electric truck star...
LIV Golf CEO Greg Norman Has ‘Got To Leave’
Topline The world’s most influential golfer Tiger Woods called for the removal of LIV Golf’s brash CEO Greg Norman on Tuesday, as PGA Tour loyalists increasingly pin the blame on Norman for the ongoin...
Genesis creditors organize in bid to forestall bankruptcy move: Bloomberg
Crypto firm Genesis Global Capital warned last week about a possible bankruptcy filing, and now some of its creditors are pursuing options in order to prevent such a move. Law firms Proskauer Ro...
Amazon used AWS in satellite experiment
An image captured by the ION Elysian Eleonara satellite in January 2022. D-Orbit Amazon’s cloud computing division successfully ran a software suite on a satellite in orbit, in a “first-of...
Meghan Markle Faced ‘Disgusting And Very Real’ Threats From The Far Right, Former Counterterrorism Official Says
Topline Meghan Markle faced multiple threats to her life from the far right after marrying into the British royal family, one of the U.K.’s former top counterterrorism officials said, saying that anyo...
Bitso cuts more staff in fresh round of layoffs
Mexico-based crypto exchange Bitso has let go of an unspecified number of workers in a fresh round of layoffs, about six months after cutting about 80 employees. “Bitso made the difficult ...
FTX founder manipulated ESG to earn ‘virtue signaling glow’: Palantir co-founder
FTX Founder Sam Bankman-Fried manipulated ESG and woke culture to help his now-bankrupt crypto firm avoid scrutiny from regulators and gain credibility with investors, a venture capitalist told Fox Ne...
Kenny Pickett Is Starting To Show He’s A Franchise Quarterback
Kenny Pickett is starting to prove he is the franchise quarterback of the Pittsburgh Steelers. … [+] (Photo by Justin Casterline/Getty Images) Getty Images It may have taken some time, but Pitts...
Texas regulator wants Bankman-Fried testimony in securities case
Former FTX CEO Sam Bankman-Fried has a hearing date in Texas. The Texas State Securities Board wants Bankman-Fried to testify on Feb. 2 in response to an enforcement action issued today alleging...
StockStock Market Weakens At Midday As It Awaits Powell Speech; This IBD Index Outperforms
The stock market weakened at midday Tuesday, sending the main indexes near the day’s lows. An apparent easing of Covid restrictions in China could not offset the stock market’s apprehensio...
China touts vaccination progress as it looks for a path to reopening
BEIJING — Mainland China announced significant progress Tuesday in getting Covid-19 booster shots for people “over age 80.” As of Monday, 65.8% of that age category had received booster sh...
CrowdStrike stock tanked 20% in extended trading: what happened?
CrowdStrike Holdings Inc (NASDAQ: CRWD) tanked 20% in extended trading on Tuesday even though the cybersecurity company reported market-beating results for its financial third quarter. Why is CrowdStr...