America goes to the only poll that counts, and tomorrow morning we’ll have a better picture of the next Congress. All indications point toward a hefty GOP win, and a consequent legislative check on th...
Category: Finance
Live Finance News Updates.
AMC Entertainment (AMC) earnings Q3 2022
The AMC 25 Theatres in Times Square in New York is seen on Tuesday, July 8, 2014. Richard Levine | Corbis News | Getty Images AMC Entertainment on Tuesday reported third-quarter revenue that was up ne...
Cigna’s $2.5 Billion Stake In VillageMD’s Summit Venture To Grow Evernorth Provider Portfolio
The Cigna Corp. Cigna Health Benefits application is seen in the App Store on an Apple Inc. iPhone … [+] in Washington, D.C., U.S., on Thursday, April 26, 2018. Photographer: Andrew Harrer/Bloom...
These 4 Stocks Have Tripled During A Lousy Year
Offshore supply ships and platform support vessels. Photographer: Simon Dawson/Bloomberg © 2014 Bloomberg Finance LP. In a punk year, four stocks with a current market value of $1 billion or more have...
This energy stock stands to benefit if GOP wins the midterm elections
“XLE” – the Energy Select Sector SPDR Fund is already up more than 20% for the year but energy stocks are not out of room to run just yet, says Al Rabil. He’s the Co-Founder and Chief Executive of Kay...
Affirm Looks Weak Ahead of Earnings
In our August 26 review of Affirm (AFRM) we wrote that “The charts and indicators of AFRM are weak and traders should avoid the long side for now. Maybe later…” With AFRM scheduled...
Will Recent IOTA Collaboration Help MIOTA Price to Go Up or Down?
IOTA partners with Mises, a mobile-based web browser. The partnership may significantly affect MIOTA price considering their focus in Web3. MIOTA was trading at a market price of $0.25. IOTA Sealing V...
Improving Chinese import data good for Estee Lauder, Wells Fargo says
Wells Fargo (WFC) on Tuesday raised its price target on Club holding Estee Lauder (EL) to $225 from $215 on the back of an improvement in cosmetics- and duty-free imports to China, a crucial market fo...
Kohl’s CEO Michelle Gass Stepping Down To Join Levi Strauss & Co.
Kohl’s CEO Michelle Gass announced she will step down on Dec. 2 (Photo by Robert Alexander/Getty … [+] Images) Getty Images Michelle Gass, embattled Kohl’s CEO said today that she will ste...
Binance To Acquire FTX In Emergency Bailout
Key Takeaways After days of swirling rumors about a liquidity crisis at FTX, Binance has stepped in at the last minute to acquire the company and save it from collapse. This comes as FTX’s own t...
One restaurant stock that ‘stands out’ despite fears of recession
Dave & Buster’s Entertainment Inc (NASDAQ: PLAY) has recovered about 20% since late September but a Deutsche Bank analyst is convinced there’s more to come in the months ahead. Dave & Buster s...
Winning ticket for Powerball $2.04 billion jackpot sold in California
Anadolu Agency | Anadolu Agency | Getty Images California does not tax lottery winnings While the IRS will scrape 24% — or $239.4 million — off the top for federal tax withholding, California does not...
Record Powerball Jackpot Jumps To $2.3 Billion After No Ticket Wins Monday’s Draw—Here’s How Much Tax A Winner Would Pay
Topline No one bagged Monday night’s enormous $2.04 billion Powerball jackpot, sending the prize soaring to a record-breaking $2.3 billion for the next draw, the lottery reportedly said, though any lu...
Europe’s Carmakers Brace For 2023, While VW Volume Brands Could Lose Money
Recession ahead – road sign warning concept Getty Europe’s carmakers have already written off 2022 as a down year for volumes, despite many posting increased profits in the third quarter. But an...
FTT dumps 30% in an hour amid violent reaction to FTX news
FTX (FTT/USD) token price has dropped more than 30% in one hour and nearly 60% in the past 24 hours, falling from around $22 on Monday to under $10 on Tuesday afternoon. At the time of writing, FTT/US...
5 Steps to Retiring With $5 Million
Even though $5 million is a significant sum, having a nest egg that size for retirement still requires that it be handled in a prudent manner. Here are several ways to make sure that such an amount co...
Climate change threatens ‘things Americans value most’: gov’t report
The Jade Isle Mobile Home Park is flooded in this aerial view from a drone in St. Cloud. Residents of the community were issued a voluntary evacuation order due to rising water levels in the aftermath...
Here’s Why The 2022 World Cup Is Mired In Controversy
Topline The controversial former boss of FIFA decried the organization awarding the 2022 World Cup to Qatar as a “bad choice” Tuesday, citing human rights issues in the country, adding to a growing ch...
FTSE 100 Stock ABF Rises As Primark Profits Rocket 136% Year On Year
Photo by Carlos Alvarez/Getty Images Getty Images Associated British Foods’ share price rose on Tuesday following the release of reassuring full-year trading numbers. At £14.60 per share it was last 2...
Binance steps in to buy FTX.com after token collapse
Binance is acquiring FTX.com following the collapse of its native exchange token FTT. FTX founder Sam Bankman-Fried, who’d been silent as questions swirled about the fate of the exchange, ...
SBF says FTX is ‘in the best of hands’ after Binance news
FTX founder Sam Bankman-Fried has said the cryptocurrency exchange is “in the best of hands”, hours after announcing a deal for its acquisition by competitor Binance. The breaking crypto news today th...
‘Only time will tell if September was the nadir:’ Zillow reports sharp home-value declines in these cities, amid grim outlook for U.S. housing market
Winter is coming, and the real-estate market is slowly coming to a standstill. According to a new report by Zillow Z, -1.63%, the typical home in the U.S. saw its value barely inch up between Septembe...
Lyft, Tripadvisor, Take-Two Interactive and more
Check out the companies making headlines in midday trading. Lyft — Shares of Lyft plummeted 21% after the company’s earnings report showed mixed results in the last quarter. The rideshare compan...
Is This Increasingly Electric Auto Giant A Buy Or Sell?
| Getty Images Key Takeaways GM was able to top earnings estimates for the third quarter. GM continues to focus on electric vehicles and energy storage as the company looks to compete directly with Te...
Game studio Ncsoft strikes partnership with Mysten Labs, reveals $15 million backing
Blockchain developer Mysten Labs has entered a strategic partnership with South Korean gaming company Ncsoft, according to a company release. The developer of the Sui blockchain, will partner wi...
FTT Crashes 70% – Trustnodes
FTX’s token FTT has plunged, down some 70% from $25 a couple of days ago to barely holding $7 as of writing. Its market cap has fallen by $2 billion in just two days, down now to $1 billion in one of ...
What 60 years of stock market data says
Bring on Nov. 9. With the midterm elections underway today, investors are eyeing if Republicans could win back control of government and more effectively stop any and all legislation that could rattle...
Levi Strauss CEO says company’s search for new leader got help from unlikely source
Levi Strauss & Co. CEO Chip Bergh speaks at the CNBC Evolve conference November 19th in Los Angeles. Jesse Grant | CNBC As Levi Strauss & Co. searched for its next leader, it got help from a s...
Recall-Plagued Tesla Calls Back Another 40,000 Cars Over Possible Steering Issue
Topline Tesla is recalling more than 40,000 vehicles that could possibly lose power steering assist when hitting potholes or driving over bumps, according to a National Highway Traffic Safety Administ...