AT&T (T) stock’s underperformance had been well documented even before the 2022 bear market. The stock is down 45% over the past five years, 44% over the past 10 and 57% this century. So w...
Category: Finance
Live Finance News Updates.
Trump merger partner Digital World falls to about $16 after hitting $97 in early 2022
The Truth social network logo is seen on a smartphone in front of a display of former U.S. President Donald Trump in this picture illustration taken February 21, 2022. Dado Ruvic | Reuters Shares of D...
Better Diet Quality Leads To Better Health And Wellbeing For Americans
September should be a big month for nutrition. For too long, we have struggled and failed to curb food and nutrition insecurity, to mitigate rising rates of obesity, and to reduce the prevalence of di...
Netflix chief accounting officer gives up $2.4 million position after just 4 months on the job
Netflix Inc. is seeking a new chief accounting officer after its current one quit the role after less than four months. The streaming giant NFLX, -5.69% said in a regulatory filing Friday that Ken Bar...
Ford’s supply chain problems include blue oval badges for F-Series pickups
A Ford F-150 pickup truck is offered for sale at a dealership on September 6, 2018 in Chicago, Illinois. Scott Olson | Getty Images DETROIT – Recent supply chain problems for Ford Motor have included ...
The Best New Movies And Shows On Netflix Today: September 23, 2022
LOS ANGELES, CALIFORNIA – JANUARY 19: Allison Janney attends the 26th Annual Screen Actors Guild … [+] Awards at The Shrine Auditorium on January 19, 2020 in Los Angeles, California. 72143...
S&P 500 could crash to 3,200 level: Katie Stockton
S&P 500 is trading near its June low on Friday but Katie Stockton (Fairlead Strategies) says there’s still a possibility of a further decline. Benchmark index could lose another 13% U.S. stocks to...
3D Sytems Stock Could See Some Relief Soon
Like many stocks attached to the tech sector, 3D Systems Corporation (NYSE:DDD) has been struggling. The stock’s summer rally wound up running out of steam near the 140-day moving average in ear...
Coinbase Responds to Wall Street Journal Proprietary Trading Allegations in New Blog Post
Crypto exchange Coinbase says it does not engage in proprietary trading, a speculative investment practice that the federal regulation known as the Volcker Rule restricts because of its role in the 20...
Inside the $250 million penthouse on ‘Billionaires’ Row’
A penthouse atop the world’s tallest residential building − listed for $250 million − is marking the biggest test of the ultra-luxury real estate market at a time of falling sales and growing ec...
Forget Campfires, Pepsi Is Bringing S’Mores Soda To Your Fridge
Pepsi S’mores Collection Pepsi Instead of gathering around the campfire for some s’mores this fall, Pepsi is offering you a way to gather around the fridge instead. The brand is launching a spec...
Jerome Powell just warned that the US housing market needs a ‘difficult correction’ so that folks can afford homes again — but here’s why it’ll look nothing like 2008
Jerome Powell just warned that the US housing market needs a ‘difficult correction’ so that folks can afford homes again — but here’s why it’ll look nothing like 2008 Real est...
Cruise lines’ stocks fall after Fed rate hike raises concerns about debt, recession
People come out to watch the new Carnival Cruise Line ship Mardi Gras as it departs on its maiden voyage, a seven-day cruise to the Caribbean from Port Canaveral, Florida on July 31, 2021. Paul Hennes...
FedEx, Boeing, Domino’s and more
Visitors walk past a Boeing board during the Farnborough Airshow, in Farnborough, on July 18, 2022. Justin Tallis | AFP | Getty Images Check out the companies making headlines in midday trading. Boein...
At Least 73 Dead As Migrant Boat From Lebanon Sinks
Topline At least 73 people were killed when a boat carrying Lebanese and Syrian migrants to Europe sank in the Mediterranean Sea Thursday, Syrian officials announced on state TV Friday morning—one of ...
On-Chain Action of Terra Classic Fade Away
The price of Terra Classic token rose rapidly until it failed to impose transaction tax. The on-chain activity on the Luna Classic seems quite lost as the network coin of the failed and abandoned Terr...
Lit Protocol raises $13 million, announces new cloud wallet app platform
Lit Protocol, an open source utility, raised $13 million in new funding, the company announced on Thursday. The fundraising round was led by 1kx, an early-stage crypto fund, and included participatio...
Emilio Estefan talks about the challenges of Latino representation in media
Legendary music producer Emilio Estefan weighed in with his take on how to boost Latino representation in showbiz. Latinos, he said, should be true to their identities. “I feel proud that I didn...
Hedge funds ramp up market bets as volatility brings the asset class back into favor
Traders work on the floor of the New York Stock Exchange on September 21, 2022 in New York City. Michael M. Santiago | Getty Images The extreme market volatility is not causing hedge funds to back dow...
The Problem With Due Diligence Periods In Real Estate Contracts
When an owner of commercial real estate wants to negotiate a sale, the buyer will often have a general idea of what they are willing to pay. This idea usually reflects limited investigation and analys...
A historic global bond-market crash threatens the liquidation of world’s most crowded trades, says BofA
Global government-bond markets are stuck in what BofA Securities strategists are calling one of their greatest bear markets ever — which, in turn, is threatening the ease with which investors will be ...
Over 60% of Fortune 1000 corporate boards lack Latino representation
Latinos are the second largest demographic population in the United States, but they are vastly underrepresented on corporate boards, according to a new report by the Latino Corporate Directors Associ...
Turn its debt into a new cryptocurrency
Since bankrupt crypto lender Celsius froze withdrawals in June, customers’ funds have been in limbo. Now, leaked audio shared with CNBC reveals a preliminary plan to compensate them. The company...
LPGA Tour Unveils New Sponsor And Event Format Along With Familiar Face As Tournament Host
Liberty National Golf Club in Jersey City, New Jersey, will be the host of the LPGA’s Mizuho … [+] Americas Open starting in 2023. Liberty National The LPGA’s newest tournament partner is ...
Lauren Taylor Wolfe says it’s just too risky for investors to ignore ESG amid recent pushback
(Click here to subscribe to the Delivering Alpha newsletter.) According to Deloitte, global ESG assets under professional management could be worth $80 trillion by 2024. But this growth in popularity ...
Biden And Putin Play Chicken With Energy
GENEVA, SWITZERLAND – JUNE 16: US president Joe Biden (L) and Russia’s President Vladimir Putin meet … [+] at the start of the U.S.-Russia summit at Villa La Grange on June 16, 2021 ...
Should you buy Costco shares on the post-earnings weakness?
Costco Wholesale Corporation (NASDAQ: COST) opened about 5.0% down on Friday even though the big box retailer reported better-than-expected profit for its fiscal fourth quarter. Are Costco shares wort...
Costco isn’t raising membership fees after earnings beat expectations
Shoppers wait in a check-out line at a Costco wholesale store in Orlando, Florida. Paul Hennessy | Sopa Images | Lightrocket | Getty Images Costco is still holding off on raising its membership fees a...
Dow Jones Dives Ahead Of Powell Comments As Global Recession Fears Mount
The Dow Jones Industrial Average tumbled 400 points Friday ahead of Fed chief Jerome Powell’s comments at a Federal Reserve event in Washington D.C. The early action threatened to extend the sto...