Real estate CEO David Adelman wanted to purchase a stake in the Philadelphia 76ers in 2011 but said the timing wasn’t right. Getty Images Real estate investor David Adelman grew up a Philadelphi...
Category: Finance
Live Finance News Updates.
Supreme Court Will Not Block Biden’s Student Loan Forgiveness
Topline A request for the Supreme Court to block President Joe Biden’s plan for broad federal student loan debt cancellation was rejected Wednesday, in a major blow to the highest-profile legal ...
New IRS tax brackets and standard deduction could save families hundreds or even thousands of dollars. Now, for the bad news.
In a time of rising costs, the Internal Revenue Service just raised income-tax brackets through new inflation adjustments for next year. It might feel tough sometimes to link the IRS with the concept ...
オーケーコインジャパンに「ポルカドット（DOT）」上場へ
オーケーコインジャパンにDOT上場へ 国内暗号資産（仮想通貨）取引所オーケーコイン・ジャパン（OKCoinJapan）が、暗号資産ポルカドット（DOT：ドット）の取り扱い予定を10月20日発表した。27日より開始となる予定だ。 対象となるサービスは取引所（板取引）および販売所。入庫受付開始が27日17:00から、現物取引の開始は31日の17:00を予定しているとのこと。 なお国内においてDOTを取...
Coast Guard Says Main Drive Shaft Issue Puts OPC Delivery Schedule ‘At Risk’
Delivery of the first Offshore Patrol Cutter is at risk. Eastern Shipbuilding Group In a sign of impending trouble for the Offshore Patrol Cutter (OPC) program, the U.S. Coast Guard reports that a pro...
Why the housing market should brace for double-digit mortgage rates in 2023
Even if Federal Reserve Chairman Jerome Powell and his cohorts stopped hiking policy rates soon, the 30-year fixed mortgage rate still would climb to 10%, according to Christopher Whalen, chairman of ...
Teen Chess Grandmaster Sues Chess.com And World Champion Carlsen For $100 Million Over Cheating Allegations
Topline A 19-year-old American chess grandmaster whom Chess World Champion Magnus Carlsen accused of cheating last month filed a defamation lawsuit in federal court Thursday against the world No. 1 pl...
The Quantum Space Race Is Here
Europe is getting into the race to put quantum technology into space in a big way, with no less than three public-private ventures to launch a quantum communication satellite. The trend on the other s...
Elon Musk plans deep layoffs of 75% at Twitter: report
Tesla Inc. TSLA, -6.65% Chief Executive Elon Musk plans deep cuts at Twitter Inc. TWTR, +1.18% should he end up with the embattled company, according to a report in The Washington Post on Thursday. Th...
Pentagon Will Pay For Military Members To Get Abortions Out Of State
Topline Members of the U.S. military who travel out of state to obtain an abortion will now have their travel fees covered by the Pentagon, Defense Secretary Lloyd Austin announced in a memo Thursday,...
Intel reportedly to start ‘targeted’ layoffs in November
Intel Corp. is planning on announcing “targeted” layoffs in November, according to a report late Thursday, citing an internal video shared with employees. After the close of markets Thursday, The Oreg...
Kevin Spacey Found Not Liable In Sexual Assault Lawsuit From Accuser Anthony Rapp
Topline A New York City jury found actor Kevin Spacey not liable for the assault and battery of Anthony Rapp on Thursday, after Rapp civilly sued the embattled actor for allegedly making unwanted sexu...
Here Are 2 Lesser-Known EV Stocks to Watch
Everyone knows by now that electric vehicles (EVs) are the future and sector leader Tesla is already a world-famous brand. While those that cottoned on early to the opportunity have done well by backi...
Does ‘Black Adam’ Have Post-Credits Scenes? How Many And Everything You Need To Know
Black Adam Credit: DC / Warner Bros Dwayne ‘The Rock’ Johnson’s big superhero debut blasts into theaters tonight. Black Adam is The Rock’s first DC movie and the beginning of a whole new arc for the D...
Wisconsin Parade Attack Suspect Breaks Down In Court As Interruption-Filled Trial Moves Forward
Topline Darrell Brooks—who has been charged with killing six people after driving through a Christmas parade in Wisconsin last November—made an emotional opening statement in court Thursday afternoon,...
Snap Stock Plunges On Third-Quarter Revenue Miss
Snap (SNAP) reported third-quarter results late Thursday that missed revenue estimates but beat on earnings. Still, Snap stock plunged as analysts fretted over the weak revenue numbers. X The social m...
Workers are disengaged from their jobs — but don’t blame remote work. The real cause lies elsewhere.
Worker disengagement is increasing no matter where a person does their job, whether that’s in the office, at home, or a hybrid of both. And just because people are showing up to the job in person, it ...
Wall Street is driving explosive swings in stocks by embracing a trading strategy popularized by the Reddit crowd
Reddit-loving day traders are reportedly returning to their day jobs, according to the Wall Street Journal, but back in the world of high finance professional traders have adopted one of their signatu...
Caesars Palace Casino May Come To Times Square
Topline Caesars Entertainment unveiled plans Thursday to develop a massive casino resort on Broadway in the heart of Times Square amid the already bright and boisterous neighborhood, as the highly luc...
Midterm Elections And Historical Stock Market Performance
trying year continues to drag on for investors with the DJIA down over 15%, the S&P 500 down over 20% and the Nasdaq Composite down over 30%. By any measure, this has been a brutal bear market for...
AT&T Stock Rises As Earnings Top Views On Strong Wireless, Fiber Broadband Subscriber Growth
AT&T (T) on Thursday reported September-quarter earnings and revenue that topped estimates and said it added more wireless postpaid phone subscribers than expected. AT&T stock surged on the ne...
Real Estate Sold on Opensea attracts Attention
Art has been center for NFT development Utility will take that development to another level Real estate transactions took place via stablecoins Since the beginning, it has been an important part of th...
Adobe Stock Price Stays Above 20 DMA, Will It Reach $350 Before the End of October?
Adobe stock price rose 2.34% to $299.83 on Thursday. NASDAQ: Adobe price remains above the 20-day moving average on the daily price scale. Daily RSI Indicator Semi-line (50 Points) is going to recover...
Chaos, Antisemitism, ‘White Lives Matter’ — And Steady, Unbothered Sales
Jamel Toppin/The Forbes Collection Hateful rhetoric isn’t putting a pinch on resales of Adidas’ Yeezy sneakers — at least not yet. Ye, the billionaire music entrepreneur and fashion designer previousl...
Black Monday’s Anniversary Is a Reminder to Think Seriously About Risk
Text size A trader on the New York Stock Exchange looks at stock rates October 19, 1987 as stocks were devastated during one of the most frantic days in the exchange’s history. Maria Bastone/AFP...