A Dollar General store in Creve Coeur, Illinois. Daniel Acker | Bloomberg | Getty Images Dollar General is being hit with nearly $1.3 million in fines for worker safety violations after visits by fede...
Category: Finance
Live Finance News Updates.
Even A Limited Nuclear War Could Kill Billions By Starvation, Study Finds
Topline A full-scale nuclear war between Russia and the U.S. could trigger a global famine and kill more than 5 billion people, according to peer reviewed research published in Nature Food on Monday, ...
Robinhood is a ‘flawed business model’: Jeff Kilburg
Robinhood Markets Inc (NASDAQ: HOOD) has bounced about 70% off its low in mid-June, which, as per Jeff Kilburg (Chief Investment Officer at Sanctuary Wealth) is an opportunity to pull out of the stock...
Michael Burry’s Hedge Fund Added One Stock And Dumped All the Rest
(Bloomberg) — Michael Burry’s Scion Asset Management jettisoned 11 US equities in the second quarter and ended the period with just one. Most Read from Bloomberg The hedge fund exited positions ...
Investors flock to green energy funds as Congress passes climate bill
The expansion of renewables comes at a time when concerns about the speed of the planet’s shift away from fossil fuels have been heightened following Russia’s invasion of Ukraine. Imaginim...
The Top 10 Movies And Shows On Netflix Today: August 15, 2022
‘The Sandman’ stretched its Top 10 streak to ten days today on Netflix. Netflix Here are the top ten movies and TV shows on NetflixNFLX in the United States for August 14, 2022. Each day, ...
‘Ticking time bomb’—China’s real estate bust deepens as housing prices fall for 11th straight month
If you’re worried about the price of, say, your Floridian beachfront property sliding, be thankful it’s not in China. That real estate market, which propelled China’s rapid growth ever since the 2008 ...
Bill Gates’ nuclear company TerraPower raises $750 million
Bill Gates, co-founder of Microsoft and Chair of the Gates Foundation, walks to a morning session during the Allen & Company Sun Valley Conference on July 08, 2022 in Sun Valley, Idaho. Kevin Diet...
UAE’s Cashed-Up T20 League Hopes To Inspire Smaller Cricket Countries To Be Financially Stable
The new T20 league in the UAE will start in January. (Photo by ISHARA S. KODIKARA/AFP via Getty … [+] Images) AFP via Getty Images Emirates Cricket boss Mubashshir Usmani has made an impassioned...
Should I sell my house before prices really crash — or wait for the next big real estate boom?
Should I sell my house before prices really crash — or wait for the next big real estate boom? Home sellers may face a closing window on today’s still-warm — but cooling — real estate market. While se...
Business travel spending might not return to pre-Covid levels until 2026
Lighted tunnel in the United Airlines terminal, O’Hare International Airport, Chicago Illinois. Andrew Woodley | Universal Images Group via Getty Images Business travel spending might not recove...
Galaxy Digital terminates its acquisition of BitGo
Galaxy Digital announced on Monday morning that it had terminated its long-awaited acquisition of crypto custodian BitGo. It said in a release that it had made the decision following BitGo’s &#...
Gilead’s stock is up about 4% after sharing new data for cancer drug
Shares of Gilead Sciences Inc. GILD, +5.16% were up 4.9% in trading on Monday after the company said in a news release that Trodelvy improved overall survival rates in people with HR+/HER2- metastatic...
HBO Max cuts 14% of staff mainly in casting, acquisitions and reality TV
David Zaslav, President and CEO of Warner Bros. Discovery talks to the media as he arrives at the Sun Valley Resort for the Allen & Company Sun Valley Conference on July 05, 2022 in Sun Valley, Id...
Book This Extravagant Dom Pérignon And Sushi Yacht Experience In The Hamptons
Dom Perignon Dom Perignon Spending time in the Hamptons is all about extravagance, and a new waterfront experience ensures opulence. Just in time for the end of summer, Dom Pérignon teamed up with 3 S...
IRS’s RMD Rule Change Could Make Your Roth IRA More Valuable
The IRS has a new interpretation of the 2019 Secure Act, including proposed regulations surrounding RMDs for inherited retirement accounts. The Internal Revenue Service has proposed rule changes that ...
Algorithmic Stablecoin Beanstalk Is Wild Again On Its First Anniversary Months After $182M Exploit
Stablecoins didn’t have quite a good year so far. The dramatic collapse of Terra, a popular stablecoin, triggered a destructive crypto crash. Flagship currencies, Bitcoin and Ethereum, suffered great ...
U.S. freight rates have peaked, another signal inflation is easing
Trucks at the entrance to the Port of Oakland in Oakland, California, US, on Thursday, July 14, 2022. David Paul Morris | Bloomberg | Getty Images U.S. freight rates increased 28% year over year, but ...
Every Arrowverse Show Has Ended Badly, Will ‘The Flash’ Be Any Different?
The Flash CW The Flash’s abridged ninth season, where it seemed like the cast had to be dragged back for one last installment, will be the last season of the show. And as such, it will also be the las...
Roubini Sees Either US Hard Landing or Uncontrolled Inflation
(Bloomberg) — Economist Nouriel Roubini said there are two options for the US economy, given the Federal Reserve’s most-aggressive tightening campaign in decades: an economic hard landing or inf...
Starbucks asks labor board to suspend mail-in ballot union elections, alleging misconduct in voting process
A sign is seen as Activists participate in an event dubbed the Un-Birthday Party and picket line for Starbucks CEO Howard Schultz on July 19, 2022 in New York City. Activists gathered near SchultzR...
Three Eastern Conference Players To Watch This Upcoming NBA Season
NEW YORK, NEW YORK – OCTOBER 15: Immanuel Quickley #5 of the New York Knicks handles the ball … [+] against the Washington Wizards during a preseason game at Madison Square Garden. (Photo ...
How can I earn positive returns while the economy stalls? Here are 3 proven recession-resistant stocks to keep you ahead of the game
How can I earn positive returns while the economy stalls? Here are 3 proven recession-resistant stocks to keep you ahead of the game We’re already in a recession, despite what you might hear from the ...
U.S. is in housing recession, homebuilders say
A worker drills plywood on a single family home under construction in Lehi, Utah, on Friday, Jan. 7, 2022. George Frey | Bloomberg | Getty Images Builder sentiment in the market for single-family home...
Will Uniqlo’s New Sister Brand Succeed In The States?
GU has only expanded within Asian markets, making it the brand’s first foray in the West. Fast Retailing Uniqlo owner, Fast Retailing, has just announced the opening of its sister brand, GU (pro...
Meme stocks are a ‘self-containing loop,’ market strategist explains
Retail traders are back at it again — using a signature playbook to push meme stocks and other assets higher. “The retail is back,” Interactive Brokers chief strategist Steve Sosnick told Yahoo Financ...
Premium products take priority as companies battle cost-of-living
“As we create more premium beverages, it becomes more difficult for customers to replicate it at home and we think that helps with the concept of trade down,” Starbucks CFO Rachel Ruggeri ...
Mavs Gaming Wins NBA 2K League 2022 The Ticket Tournament
Mavs Gaming celebrates winning the 2022 The Ticket tournament. NBA 2K League Mavs Gaming, the NBA 2K League affiliate of the Dallas Mavericks, won its first tournament in franchise history. The team t...
This Is Where Millionaires Keep Their Money
Private jet in the air Where do millionaires keep their money? High net worth individuals put money into different classifications of financial and real assets, including stocks, mutual funds, retirem...