Ukrainian President Volodymyr Zelensky sat down with Randall Lane, chief content officer for Forbes, Thursday afternoon at the 2022 Forbes Philanthropy Summit, addressing his country’s seven-month-lon...
Category: Finance
Live Finance News Updates.
Costco Earnings Underwhelmed and the Stock Is Falling. It’s Time to Buy the Dip.
Text size Costco earnings rarely disappoint. Mario Tama/Getty Images Costco Wholesale isn’t the kind of company that delivers much in the way of bad news and Thursday’s earnings report wasn’t anything...
5 Things We Learned From The ‘Avatar’ Rerelease Press Conference
Director (and more) James Cameron photographed at the premiere of ‘Avatar’ at the Grauman’s Chinese … [+] Theatre in Los Angeles, California, in 2009. AFP via Getty Images It w...
Web3 bug bounty platform Immunefi raises $24 million in Series A funding
Immunefi, a platform that helps web3 projects launch bug bounty programs and whitehat hackers earn money, has raised $24 million in a Series A funding round amid increasing crypto hacks. Framework Ven...
‘The housing market may have to go through a correction’: Mortgage rates hit 6.29%, Freddie Mac says
The numbers: U.S. mortgage rates continue to climb, adding hundreds of dollars in costs to potential homeowners. The increase in mortgage rates followed the Federal Reserve hiking interest rates again...
Boston Celtics Suspend Coach Udoka One Season Over Relationship With Staffer
Topline The Boston Celtics suspended head coach Ime Udoka for the 2022-2023 season for violating team policy by having an intimate relationship with a female staffer, according to multiple reports—jus...
Legendary investor Ray Dalio says the stock market has further to fall before a recession hits
For much of this year, the Fed has held steadfast to its goal of a “soft landing” for inflation, the idea of vanquishing inflation without a dramatic economic downturn. But despite several interest ra...
The Army’s Joint Light Tactical Vehicle Is A Model Of What Military Acquisition Can Accomplish
In mid-October, the Association of the United States Army (AUSA) will conduct its annual exposition in the nation’s capital. The theme of this year’s meeting is “Building The Army Of 2030.” That is a ...
Ark Invest’s Cathie Wood gives up portfolio manager role at two of firm’s ETFs
ARK Invest founder and CEO Cathie Wood relinquished her role as portfolio manager at two of the investment management firm’s exchange-traded funds, according to a regulatory filing. William Scherer, w...
Charging EVs At Home Overnight May Not Be The Cheapest Option For Much Longer
Researchers at Stanford University say that recharging electric vehicles at home overnight will begin to stress the grid by late this decade unless energy-generation capacity is increased. JAMES LIPMA...
The Stock Market Is Getting Crushed Again. But the Pain Is Almost Over.
Text size The Fed is trying to stamp out inflation by reducing economic demand, which is hurting the stock market. Michael M. Santiago/Getty Images The stock market has once again gone into selloff mo...
The Best New Movies And Shows On Netflix Today: September 22, 2022
The second season of ‘Snabba Cash’ makes its Netflix premiere on September 22, 2022. Netflix This week marks a fruitful one for NetflixNFLX , as many new movies and TV shows will be added ...
Senators drill down on Zelle reimbursements, inflation and ‘uber-woke’ policies in bank CEO hearing
Democratic senators criticized banks for not serving consumers fairly while Republicans complained about liberal social agendas promoted by the same institutions, as chief executive officers of the co...
Jason Alexander Reveals Unsung Heroes Of ‘Seinfeld’
WEST HOLLYWOOD, CALIFORNIA – SEPTEMBER 17: Jason Alexander attends a Special Drive-In Screening of … [+] KISS THE GROUND, available on Netflix September 22, 2020. (Photo by Rich Fury/Getty...
Billionaire investor Carl Icahn warns ‘the worst is yet to come’ for investors and compares U.S. inflation to the fall of the Roman empire
Throughout 2022, Wall Street has repeatedly warned investors that a recession could be on its way. From JPMorgan Chase CEO Jamie Dimon to former Federal Reserve officials, the world’s top economic min...
How Robert Sarver’s Asking Price For The Suns Likely Makes The Knicks’ James Dolan A Richer Man
Devin Booker, No. 1 of the Phoenix Suns, shoots the ball against Dwight Powell, No. 7 of the Dallas Mavericks, in the second quarter of Game Six of the 2022 NBA Playoffs Western Conference Semifinals ...
Russia’s Historic 100 Million-Ton Wheat Crop Piles Up at Home
(Bloomberg) — Russia’s wheat harvest could reach a historic 100 million tons, according to consultant SovEcon, with the commodity piling up at home as the nation struggles to export large volume...
Indiana Abortion Ban Blocked In Court—Here’s Where State Lawsuits Stand Now
Topline Indiana’s abortion ban was blocked in court on Thursday only a week after it first went into effect, as abortion providers file a string of lawsuits aiming to halt state-level bans that went i...
Andor’s More Grounded ‘Star Wars’ Feels Fresh, But Its Storyline Is Not
Andor Disney Plus Yesterday, Disney Plus debuted the first three episodes of Andor, which I was a bit confused about until I watched them and realized they were essentially a 90 minute movie, with the...
Block shares are unlikely to recover anytime soon: Dan Dolev
Block Inc (NYSE: SQ) has lost over 65% this year and a significant recovery, at least in the near term, is not on the cards, says Dan Dolev – a Senior Analyst at Mizuho. Block shares are fairly priced...
Salesforce stock could double in value, Goldman analyst says
Despite rising interest rates beginning to rattle the economy and stock market, we’ve found that the mood on customer demand at Dreamforce — Salesforce’s big annual development conference ...
Is It Time For Jesse Powell To Call It A Day From Kraken CEO?
On Wednesday, September 21st, 2022, crypto exchange Kraken announced Jesse Powell’s plan to step down as CEO. Powell remained in the position for quite a long and has other sectors to look upon....
Pickleball Embraces Golf’s Country Club Model With New $180 Million Florida Venture
The Pickleball Club – Lakewood Ranch is a new indoor private club dedicated to the sport of … [+] pickleball that’s set to open in December. With 12 indoor courts and two outdoor cou...
Cathie Wood Snaps Up These 2 Stocks Under $10
On Wednesday, the Fed bumped up interest rates again, its third 75-basis point hike since June, and signaled that there could be two more such hikes by the end of this year. The conventional wisdom ha...
Market maker Wintermute tells hacker to return funds or face legal action
Market making firm Wintermute has sent a message over the Ethereum blockchain to the hacker that stole $160 million from the firm on Tuesday. Sent at midnight UTC on Thursday, the message told the hac...
FedEx (FDX) reports Q1 earnings
A person walks by a FedEx van in New York City, May 9, 2022. Andrew Kelly | Reuters FedEx on Thursday announced rate hikes and detailed its cost-cutting efforts after the shipping giant warned last we...
Russia Drafting Arrested Protesters Into The Military
Topline Some Russian anti-war protesters who were arrested Wednesday have been conscripted into the military, according to multiple reports, after demonstrating against President Vladimir Putin’...
Christiane Amanpour Says Iranian President Canceled Interview Because She Wouldn’t Wear A Headscarf Amid Deadly Hijab Protests
Topline Iranian President Ebrahim Raisi canceled a New York interview with CNN broadcaster Christiane Amanpour at the last minute after she refused to wear a headscarf, Amanpour said Thursday, as wome...
300% Growth Stock With Soaring Relative Strength Nears Buy Point
Boosted by 300% earnings growth last quarter, portable storage leader WillScot Mobile Mini (WSC) is testing a buy point while the market indexes remain in a correction. In a sign of leadership in a do...
Buy Eli Lilly Stock. Its Obesity Drug Mounjaro Will Be a Hit, Analyst Says.
Text size Eli Lily said in August that initial demand for Mounjaro was strong. Daniel Acker/Bloomberg Eli Lilly’s novel treatment for diabetes and obesity could become one of history’s bestselling dru...