September 3, 2021 was a busy day at Miami International Airport. (Photo by Joe Raedle) Getty Images The coming weekend brings the last gasp of a summer that nearly everyone in aviation has long wished...
Category: Finance
Live Finance News Updates.
Why Warren Buffett And Bill Gates Love Farmland As An Investment
Most serious investors are at least familiar with the names Warren Buffett and Bill Gates. Buffett is the famous chairman and CEO of Berkshire Hathaway. He’s also known as the Oracle of Omaha, one of ...
Morgan Stanley warns this corner of the credit market could be first to implode as interest rates rise
Now that Federal Reserve Chairman Jerome Powell has made it abundantly clear that the Fed has no plans to slow the pace of interest-rate hikes, some bond-market experts are warning that the most specu...
The Best New Movies And Shows On Netflix Today: August 30, 2022
The third season of ‘I AM A KILLER’ premieres on Netflix on August 30, 2022. Netflix This week marks a fruitful one for NetflixNFLX , as many new movies and TV shows will be added to the s...
Klex launches ‘vampire attack’ on KlaySwap
Klex, a decentralised finance (DeFi) protocol and automated portfolio rebalancer on Klaytn, has gone live with a vampire attack on Klaytn-based DeFi rival KlaySwap. An official announcement by the Kle...
3 Undervalued REITs That Could Turn Around Soon
Between inflation worries and recession signals, the stock market is currently acting volatile. Some analysts, like Katie Stockton of Fairlead Strategies, have recently noted that stocks are in the be...
Federal Reserve’s FedNow payments system will be live within a year, says Brainard
The Federal Reserve is getting closer to delivering its much-anticipated instant payments system, FedNow. In a virtual speech on August 29, Fed Vice Chair Lael Brainard announced: “We will be r...
Brooklyn Nets Sign Forward Markieff Morris To One-Year Deal
MIAMI, FLORIDA – OCTOBER 21: Markieff Morris #8 of the Miami Heat looks on against the Milwaukee … [+] Bucks at FTX Arena on October 21, 2021 in Miami, Florida. NOTE TO USER: User expressl...
Bed Bath & Beyond Faces ‘Critical Months Ahead’ As Retailer Prepares To Give Strategic Update On Turnaround Plans
Topline Shares of meme-stock favorite Bed Bath & Beyond, which have swung wildly in recent weeks, initially jumped before moving lower on Tuesday, a day before the struggling retailer will provide...
Peloton stock is up 10% after striking a new deal
Peloton Interactive Inc (NASDAQ: PTON) share prices went up 10% after the media and fitness equipment company based in America announced it will be partnering with Amazon to try and regain the confide...
Bankruptcy Courts Are Good At Adjudicating Tort Claims
Economists tend to view tort law differently than lawyers—or state attorney generals—and this difference explains both the advent of bankruptcy trusts in adjudicating class action liability claims and...
Job Market Remains ‘Extraordinarily Strong’—Here’s Why That Could Be Bad News For The Economy
Topline Despite economists predicting a second consecutive month of declines, job openings unexpectedly rose last month—signaling the labor market remains strong and that Federal Reserve officials may...
Dick’s Sporting Goods announces second-quarter financials
DICK’S Sporting Goods (NYSE: DKS) is known for creating both excitement and confidence by personally equipping its sportspeople to achieve all their goals and dreams, this top-in-class omnichannel cor...
Robinhood Markets ‘zombie’ stock is at risk of falling to zero, New Constructs says
Robinhood Markets Inc. HOOD, was the latest target of New Constructs LLC, the independent research firm that has taken aim at meme stocks AMC Entertainment Holdings Inc. AMC, -4.12% and GameStop Corp....
Mississippi governor declares emergency amid Jackson water crisis
An SUV rests in flood waters in this northeast Jackson, Miss., neighborhood, Monday, Aug. 29, 2022. Rogelio V. Solis | AP Residents of Jackson, Mississippi, the state’s capital and largest city,...
The Rings Of Power’ Releases And How To Watch For Free
The Rings Of Power Credit: Amazon The big day is almost here. The Lord Of The Rings: The Rings Of Power comes out this week on Amazon Prime Video. The new show, based on J.R.R. Tolkien’s appendices to...
Sunoco Breaks Below 200-Day Moving Average
In trading on Tuesday, shares of Sunoco crossed below their 200 day moving average of $40.71, changing hands as low as $40.12 per share. Sunoco shares are currently trading off about 2.3% on the day. ...
Expert on Musk’s Twitter deal: there’s a 35% chance now
Tesla (NASDAQ: TSLA) CEO Elon Musk’s chances of closing a deal for Twitter (NYSE: TWTR) are now below 50%, says Gene Munster, the managing partner at research-driven fund manager Loup. His comments co...
Poland homeowners are lining up for days, sleeping in their cars to buy fuel — and coal stocks are still white-hot due to the demand
‘This is beyond imagination’: Poland homeowners are lining up for days, sleeping in their cars to buy fuel — and coal stocks are still white-hot due to the demand It’s still summer in Pola...
A Different Labor Day Story
In “A River Runs Through It”, the Reverend Maclean laments that often we are least able to help … [+] those we are closest to. So too, on Labor Day 2022, those who want to work most ...
Tesla rival files a ‘shelf offering’ with the SEC
Lucid Group Inc (NASDAQ: LCID) is down 8.0% on Tuesday after the electric vehicles manufacturer revealed to have filed a “shelf offering” with the U.S. Securities and Exchange Commission. How much cou...
Read the Letter Elon Musk Sent to Twitter With More Reasons to Terminate His Buyout
(Bloomberg) — Elon Musk sent a letter to Twitter detailing additional reasons to terminate his $44 billion takeover deal. Most Read from Bloomberg In a filing on Tuesday, lawyers on behalf of Mu...
Approx. 1.2 Billion SHIB Burned in Just a Week: A 100% Increase From Last Week’s Rate
Over the last seven days, over 1,214,431,010 SHIB tokens were burned in 121 transactions, shows the Shibburn Twitter. It represents over 100% rise from the amount burned in the last week. The la...
Education Dept. cancels $1.5 billion in loans for Westwood College borrowers
Tero Vesalainen | Istock | Getty Images The U.S. Department of Education on Tuesday announced it will cancel all remaining federal student debt for former students of the now-defunct for-profit Westwo...
Monkeypox Cases In Europe May Have Peaked, World Health Organization Says
Topline Europe’s monkeypox outbreak appears to have peaked, the World Health Organization said on Tuesday, urging all countries to intensify efforts to curb transmission and push to eliminate the viru...
Powell’s Inflation-Fighting Speech Sets Up Larger 75bps September Hike
A television station broadcasts Jerome Powell, chairman of the US Federal Reserve, speaking at the … [+] Jackson Hole Economic Policy Symposium on the floor of the New York Stock Exchange (NYSE)...
The third richest man in the world behind Musk and Bezos is a college dropout whose fortune has surged $60 billion this year
While 499 other billionaires have struggled to add to their fortunes this year, the world’s third richest man has made a whopping $60 billion. With a total net worth of $137 billion, Indian-born Gauta...