MINNEAPOLIS, MINNESOTA – DECEMBER 09: Chase Claypool #11 of the Pittsburgh Steelers catches a pass … [+] over Patrick Peterson #7 of the Minnesota Vikings during the third quarter at U.S. ...
Category: Finance
Live Finance News Updates.
Qualcomm Stock Is Near an All-Time Low Valuation. Look Beyond the Short-Term.
Investors should look beyond Qualcomm’s short-term financial results when the maker of mobile processors and 5G wireless chipsets reports earnings Wednesday, a Bernstein analyst says. Qualcomm (ticker...
From Elon Musk’s Twitter To Clarence Thomas’s Supreme Court
An excerpt from this week’s CxO Newsletter. Click here to sign up, and have a great week. Supreme Court Justice Clarence Thomas, shown with wife Virginia, benefitted from Black students getting specia...
Amazon’s stock reverses lower toward a 5th-straight drop, toward a 2 1/2-year low
Shares of Amazon.com Inc. AMZN, -5.52% sank 5.2% in midday trading, reversing an earlier intraday gain of as much as 2.1%, to put them in danger of a fifth-straight loss. The stock has tumbled 19.44% ...
Nets Fire Steve Nash As Team Weathers Antisemitic Kyrie Irving Posts
Topline The Brooklyn Nets fired their head coach Steve Nash, the team announced Tuesday afternoon, ending a disastrous two-year tenure for Nash, bookended by another team controversy as star point gua...
The world’s top stock strategist called markets’ unexpected October rally—what he sees coming next isn’t as pretty
After a dismal start to the year, the Dow Jones industrial average just capped off its best month since 1976, defying the forecasts of many Wall Street analysts. But not all. The world’s top stock mar...
Ripple Helps Bring New Euro-Pegged Stablecoin to XRP Ledger
The team behind the largest euro-backed stablecoin is announcing integration with Ripple Lab’s XRP Ledger (XRPL). In a new blog post, Stasis, the company behind STASIS EURO (EURS), says they have comp...
Why did inflation surge to 40-year highs? Here are 4 causes of the Fed’s mistake
The first was being unaware that the foundation of the U.S. banking system had been eroded away by complex mortgage securities that carried high credit ratings but turned out to be toxic during a broa...
Bullish on Estee Lauder, Starbucks as China holds back earnings
Wall Street’s worried China’s draconian Covid-19 restrictions — which have weighed heavily on the world’s second largest economy for nearly three years — could drag down earnings at ...
Airbnb, Advanced Micro Devices, Match Group and more
The Airbnb logo is seen on a little mini pyramid under the glass Pyramid of the Louvre museum in Paris, France, March 12, 2019. Charles Platiau | Reuters Check out the companies making headlines in ex...
‘God Forbid’ Doc Focuses Billy Corben’s Florida Lens On Scandal That May Have Elected A President
Becki Falwell and Jerry Falwell Jr. AP Photo/Steve Helber Did revelations of the scandalous side relationship of a prominent evangelist and his wife with a hotel pool boy also help get Donald Trump el...
Wyndham is seeing ‘strong demand’ despite fears of a recession
Wyndham Hotels & Resorts Inc (NYSE: WH) is seeing tremendous demand from consumers despite the fears of a looming recession, says Geoffrey Ballotti – the Chief Executive of the world’s largest hot...
Opinion: Oil companies can’t just ‘drill baby drill’ at will. Here’s what it really takes to ramp up energy production.
As energy prices rage, President Biden and Republicans have urged companies to increase drilling to lower oil and gasoline prices from 14-year highs. But it’s not that simple. Even after permits are a...
Grocery retailer Pick n Pay to start accepting cryptocurrency payments
Cryptocurrency adoption is on the rise, with institutions turning to the benefits of using digital assets for payments. In South Africa, one major retailer has joined the trend: Pick n Pay, a well-kno...
SEC may lose against Ripple: Legal Experts
As per the legal advisors of crypto, in the continuing battle of SEC and Ripple, the Securities Exchange Commission can face a displeasing defeat. The judgement against that authority will possibly r...
Inside the $23 million mega-mansion that Yankee Candle built
Standing at one of the five cooking islands in his kitchen, Mick Kittredge rattles off the outsized statistics for his newly listed home. Over 60 acres. Nearly 120,000 square feet of living and recrea...
Megyn Kelly Fuels Conspiracy Theory Around Attack On Paul Pelosi
Megyn Kelly fuels conspiracy theories around the attack on Nancy Pelosi’s husband (Photo by Astrid … [+] Stawiarz/Getty Images for SiriusXM) Getty Images for SiruisXM Megyn Kelly, the form...
These 3 “Strong Buy” Stocks Are Too Cheap to Ignore
With the Federal Reserve holding its November FOMC meeting now, there’s plenty of speculation on the central bank’s next move. The conventional wisdom says the Fed will hike rates again, by another 75...
Pfizer CEO reveals growth plan as company faces up to $18 billion revenue hit
Pfizer CEO Albert Bourla talks during a press conference with European Commission President after a visit to oversee the production of the Pfizer-BioNtech Covid-19 vaccine at the factory of US pharmac...
Michigan Poll For Ballot Measure Dips
Topline Support for Michigan’s ballot measure that would protect abortion rights has notably declined over the past month, a new Detroit News/WDIV poll finds—though a majority still favor it—part of a...
Oil Industry Blasts Biden Over ‘Outrageous’ Claim of War Profits
(Bloomberg) — President Joe Biden’s suggestion that US oil companies are profiting from Russia’s war in Ukraine was “absolutely outrageous,” according to the trade group representing American oi...
Morgan Stanley Says Fed Pivot Could Change Tide for Stocks; Here Are 2 ‘Strong Buys’ to Consider
The Federal Reserve will hold its November meeting today, and is widely expected to announced a fourth consecutive 75-basis point interest rate hike. The Fed’s likely move, of course, is in response t...
How To Make Money If You Have No Money
The world is going through a recession, and it is not the first time it has seen a recession. Almost all business worldwide has lost so much money and worth during the corona and post-corona era. Duri...
Tether Responds to Bloomberg Report, Calling New Story ‘Age-Old News’
Stablecoin issuer Tether has released a statement in response to reports that a new team is taking over a Justice Department probe of its top executives. In a recent report, Bloomberg said that federa...
Brooklyn Nets part ways with head coach Steve Nash after 2-5 start
Brooklyn Nets head coach Steve Nash reacts to a call during the second quarter of the game against the Indiana Pacers at Barclays Center on October 31, 2022 in New York City. Dustin Satloff | Getty Im...
U.S. Treasury sweetens the pot on I-bonds by adding a fixed rate
After record-breaking sales of I-bonds in October, the U.S. Treasury is dangling another good deal in front of savers for the next six months. Starting Nov. 2, when I-bonds will be available again af...