Consumer prices hinted at “peak inflation” as they eased to 8.5% in July (read more). Still, Alan Jope – the Chief Executive of Unilever plc (LON: ULVR) has a different outlook. Highlights from CEO Jo...
Category: Finance
Live Finance News Updates.
Could China’s Yuan replace the U.S. dollar as the world’s dominant currency? Here’s how the Asian nation’s trade supremacy is quickly boosting its reserve status
Could China’s Yuan replace the U.S. dollar as the world’s dominant currency? Here’s how the Asian nation’s trade supremacy is quickly boosting its reserve status China’s economy has been immense...
High West Encourages Consumers To Drink ‘Campfire’ Instead Of Lighting One To Protect The West
High West Distillery has released its latest edition of Campfire, a blended whiskey, and it … [+] coincides with the distillery’s commitment to ‘Protect the West.’ High West Di...
J.P. Morgan warns to watch these 3 key indicators to find out whether stocks will bottom out—or continue to fall
Stocks have been on a roller-coaster ride this year, with soaring inflation, housing bubble concerns, and mounting fears of a looming recession dampening investor sentiment. The S&P 500 index is d...
Instacart Wants To Transform Into An Inspirational Shopping Platform
Instacart has retained Grammy winner Lizzo as the face of its biggest brand campaign to date to introduce Carts, an in-app experience that will enable pop culture personalities, retailers and online c...
Volkswagen and Porsche Take a Huge Risk With a Big Bet
Nothing stops Volkswagen (VLKAF) . Not Russia’s energy war on the European Union. Moscow has decided to cut gas supplies to Europe before the cold autumn and winter months because of the countr...
Trump Announces Ohio Rally For Struggling Vance
Topline Former President Donald Trump announced Tuesday he will hold an Ohio rally for Republican Senate nominee J.D. Vance, whose flagging campaign momentum against Democratic Rep. Tim Ryan has top R...
How Businesses Can Protect Themselves
With key workforces on both sides of the Atlantic threatening to strike, September could deliver a fresh round of international supply chain chaos. Just as businesses start to recover from the logisti...
Bill Ackman says stocks will soon be a ‘buy’ now that the Fed is ‘doing what it has to do’ to fight inflation
“‘Once people realize the Fed doesn’t have to keep increasing rates and will soon take rates down…that will be a buy signal for markets.’” — Bill Ackman Pershing Square Capital Management’s billionair...
Verizon Hikes Its Dividend for the 16th Straight Year
Text size Verizon stock’s yield of around 6.2% far exceeds that of the broader market. Scott Olson/Getty Images Verizon Communications already offered a very big yield. The company sweetened the...
Sam Short Is The Gen-Z Pop Star
Sam Short Paris Mumpower Sam Short is a musician with more than 350,000 followers on Tik Tok and 75 million views on her videos, largely original songs. With only two single records on major streaming...
5 REITs Now Hitting New 2022 Lows
Some real estate investment trusts (REITs) are hitting new year-to-date lows as the effects of Fed Chair Jerome Powell’s hawkish remarks at this year’s Jackson Hole, Wyoming, retreat sink in. His spec...
Residents Urged To Shelter In Place After Suspect Allegedly Spotted
Topline Canadian authorities asked residents in an indigenous community in Saskatchewan to shelter in place Tuesday, after receiving reports a suspect allegedly involved in a stabbing spree—which left...
These 3 top stocks have hiked their dividends for at least 25 straight years — and Cramer likes them for the rest of 2022
Protect yourself ‘from ugliness’: These 3 top stocks have hiked their dividends for at least 25 straight years — and Cramer likes them for the rest of 2022 Stocks are having a tough time i...
Annual Covid Booster? Vaccination May Soon Resemble Flu Shot Approach, White House Says
Topline The U.S. will likely shift to offering Covid-19 booster vaccines on a yearly basis like flu shots, White House officials said Tuesday, as the administration begins to roll out a new booster sh...
J.P. Morgan Says Now Is the Time to Pull the Trigger on Energy Stocks; Here Are 2 Names to Consider
Sounding a note of musical irony, Van Morrison sang, “My Mama told me there’d be days like this.” And in an distinctly unironic note, top analysts may start saying the same thing. With rising inflatio...
Juul To Pay $438 Million To Settle Probe Into Underage Marketing Scheme
Topline Electronic cigarette giant Juul Labs agreed to pay $438.5 million on Tuesday to settle a lawsuit brought by 33 states and Puerto Rico, ending a two-year investigation into claims the company m...
Verizon raises dividend, to extend lead as highest-yielding Dow component
Shares of Verizon Communications Inc. VZ, -0.48% rose 0.2% in premarket trading Tuesday, after the telecommunications company raised its quarterly dividend by 2%, to extend its lead has the highest-yi...
Justin Bieber Calls Off Justice World Tour—Again—Amid Struggle With Ramsay-Hunt Syndrome
Topline Justin Bieber announced Tuesday the cancellation of his Justice World Tour because of health struggles related to his diagnosis of Ramsay-Hunt Syndrome earlier this year—adding to the handful ...
How Bed Bath & Beyond got itself in such a deep financial hole
We’ve heard a lot recently about how the troubled Bed Bath & Beyond retail chain plans to solve its financial problems by changing its merchandising to include more national brands, taking out exp...
Governor Newsom’s Water Plan Represents Progress, But Misses The Power Of Markets
California Governor Gavin Newsom speaks after a tour of a water recycling demonstration facility in … [+] May. (Photo by Hans Gutknecht/MediaNews Group/Los Angeles Daily News via Getty Images) M...
S&P 500: Jeremy Grantham Bets 10 Stocks Will Protect Him From ‘Superbubble’
Famed investor Jeremy Grantham — known for predicting several asset bubbles in the past — says the S&P 500 is in a “superbubble.” But peering inside his portfolio shows how he’s ...
Reducing Access To Home Healthcare Services Will Raise Costs And Worsen Outcomes
Man and house model calculating with calculator getty The Centers for Medicare and Medicaid Services (CMS) recent decision on home healthcare services, if implemented, will increase overall healthcare...
The 60/40 strategy is on pace for its worst year since 1936: BofA
The recent synchronized selloff in stocks and bonds has crushed one of the most popular strategies for long-term investors: the 60/40 portfolio. According to data from strategists at Bank of America G...
‘Hold Me Closer’ Nabs Top 10 Billboard Spot After Elton John Suggested Collaboration
Topline Britney Spears and Elton John’s single “Hold Me Closer” debuted at No. 6 on the Billboard Hot 100 on Tuesday, earning her the 14th top 10 single of her career after stepping away from music fo...
We earn $7K a month, have $798K in retirement and will get pensions. But we want to help our child buy a house, and my wife wants to retire at 55. Do we need professional help?
How to find the right financial adviser for you Getty Images/iStockphoto Question: As teachers, my wife and I bring home $7,000 a month combined. We save 20% of our income in pre-tax 403(b) contribut...
Ready Or Not, Minnesota Vikings Will Begin 2022 Season With Two Major Tests
After a relatively easy time of it in training camp, the Vikings will start the season with a game … [+] against the archrival Green Bay Packers. (Photo by Adam Bettcher/Getty Images) Getty Imag...
Amid Lawsuit & Financial Woes, CFO Dies Falling From 18th Floor In Downtown Manhattan
One World Trade Center and the ‘Jenga Building’ in Tribeca (New York). Getty Images Key takeaways Gustavo Arnal, the CFO of Bed Bath & Beyond, fell to his death less than two weeks aft...
Suze Orman now says you need this much in emergency savings (and psst: you’re probably not going to like it)
Author and financial guru Suze Orman Anna Webber/Getty Images Financial experts have always urged people to create an emergency savings fund, but exactly how much should be in that fund has never been...
‘I thought we were pretty solid’: My girlfriend and I sold our Florida home. The $200,000 profit was wired to her account. She refuses to give me my fair share.
My long-time girlfriend and I moved to Florida three years ago. After renting a home for a year in an area we liked, we bought a home together. I was not working at the time, she was, so we agreed tha...