Homebuilder stocks are down about 25% for the year but a Bank of America analyst says the macro environment warrants not buying the dip. BofA downgrades three homebuilder stocks On Thursday, Rafe Jadr...
Category: Finance
Live Finance News Updates.
How Jackson Hole Could Revive the Stock Market Rally
Text size The market will be listening carefully to Fed Chairman Jerome Powell’s speech in Jackson Hole, Wy. Graeme Jennings-Pool/Getty Images The stock market has gotten itself into a better pl...
The SEC Behind Investigating Fake Accounts on Twitter
On Wednesday, 24th August, 2022, the news spread all over that the US SEC opened an investigation against Twitter. A new regulatory file consisted of the details about the investigation of the Securit...
Sky-high rents hit the aircraft market as Boeing jets top $300,000 a month
An Airbus A321 is being assembled in the final assembly line hangar at the Airbus U.S. Manufacturing Facility in Mobile, Alabama. Michael Spooneybarger | Reuters Passengers aren’t the only ones ...
Does California have enough electricity to ban gas cars? — Quartz
California will ban the sale of internal combustion engine passenger cars by 2035, officials there said on Aug. 24. The policy, coming on top of new incentives for EV buyers in the Inflation Reduction...
Best Twitter Threads of the day – August 25th
A look into Ethereum’s “Triple” Halving effect Imagine Saylor's Microstrategy spent $4B to buy $ETH instead of BTC. Twice.And then again and again. Twice a year, in perpetuity. The Merge at curre...
Dollar Tree shares fall after company cuts guidance, invests in competitive pricing
Dollar General and Dollar Tree stores Getty Images Shares of Dollar Tree fell Thursday after the company cut its financial outlook for the year, citing its push to offer more competitive prices at its...
The Best New Movies And Shows On Netflix Today: August 25, 2022
The second season of ‘History 101’ premieres on Netflix on August 25, 2022. Netflix This week marks a fruitful one for NetflixNFLX , as many new movies and TV shows will be added to the st...
An Income Statement And Balance Sheet Showdown
Electric cars charging. Getty Images When it comes to electric vehicles, Tesla is head of the class. Over the years, other automakers have entered the EV space hoping to profit from this industry, and...
Alibaba, JD.com Rising on Report of Resolution to SEC Delisting Issue
Text size Alibaba stock rose more than 8% following the report. AFP/Getty Images Stock in Alibaba Group and Tencent Holdings took off on Thursday after The Wall Street Journal reported that security r...
Congressman Tom Emmer Questioned The Treasury Against Sanction of Tornado Cash
On August 8th, 2022, the U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) sanctioned Tornado Cash. The sanction was against the fund laundering worth 7 Billion USD. The platfo...
how Emirates is wooing luxury travelers
Dubai’s Emirates airline in August announced an investment of over $2 billion to improve its inflight customer experience, including cabin interior upgrades and new menus — with unlimited caviar...
Meghan Markle’s ‘Archetypes’ Podcast Unseats Joe Rogan For Top Spot On Spotify
Topline Meghan Markle’s podcast Archetypes took down The Joe Rogan Experience as the top podcast on Spotify in the United States on Thursday, just two days after the Duchess of Sussex dropped the firs...
The housing market ‘in much worse shape’ than Fed wants to admit: Economist
The U.S. housing market is under pressure. Data this week on new home sales and pending home sales reflected sharp drops from last year and showed the impact higher interest rates continue to have on ...
Top tweets of the day – August 25th
Bitboy drops lawsuit against fellow Youtuber, Atozy During his livestream today Bitboy stated he will be dropping the lawsuit against Atozy. pic.twitter.com/or1vNjgJWX — Caught In 4k ? (@bestvid...
Stablecoin-Issuer Tether ‘Holds Firm’ on Not Freezing Tornado Cash Addresses – Here’s Why
The issuer of the most widely used stablecoin says it is not freezing addresses linked to sanctioned crypto mixer Tornado Cash. Early this month, the Treasury Department’s Office of Foreign Assets Con...
Why even more Americans are arming up with AR-15 guns
The AR-15 is one of the most controversial weapons in America. Lightweight and easily customizable AR-15 style weapons have skyrocketed in popularity in recent years, taking center stage at gun ranges...
Unvaccinated Novak Djokovic Withdraws From U.S. Open Because He Can’t Travel To United States
NEW YORK, NEW YORK – AUGUST 28: Novak Djokovic of Serbia returns a shot during his Men’s Singles … [+] second round match against Juan Ignacio Londero of Argentina on day three of th...
Avalanche price analysis: AVAX/USD declines to $22.88 after bearish movement
Avalanche price analysis for today shows that the AVAX/USD pair has fallen to a new low of $22.88 after a bearish drive. The market has found support at $22.75, but the bulls have not been able to pus...
Lift From Peloton Deal With Amazon Wiped Out As Quarterly Loss Climbs To $1.2 Billion
Peloton items are now available on Amazon. (Photo Illustration by Rafael Henrique/SOPA … [+] Images/LightRocket via Getty Images) SOPA Images/LightRocket via Getty Images Peloton stock jumped ye...
This clean energy company just signed a big deal with Amazon
Plug Power Inc (NASDAQ: PLUG) is in the green this morning after Amazon.com (NASDAQ: AMZN) Inc struck a deal with the clean energy company to further its sustainability goals. Amazon wants to switch t...
Biden canceled billions in student debt, but what he plans to do next could have an even bigger impact
Biden canceled billions in student debt, but what he plans to do next could have an even bigger impact With billions of dollars of student debt cleared from the books, millions woke up today to a diff...
What’s their difference and relation to the Merge?
In recent months, the ethereum ecosystem has been among investors’ most popular topics of conversation. The upcoming merge in September has caused quite a stir, with analysts taking a close look at it...
Can Employee Ownership Save Capitalism?
Wilson Electric Services , a full-service commercial electrical contractor with nine locations in … [+] the Western USA is 100% employee owned Lisa McFate, Wilson Electric Services As I have res...
AMD, Nvidia, Intel: Things Aren’t Looking Good for Semiconductors
The golden age of chip production appears to be fading, at least for now. The just-completed second-quarter-earnings season confirms that the semiconductor makers are in for a tough time. AMD (AMD) ...
Gatebits.com Review: What you need to know about this online broker – Gatebits Review
Online Forex trading is still in the early stages, but it is already starting to show some advantages over traditional online trading. For one thing, trading cryptocurrencies is a 24/7 affair, since t...
MacKenzie Scott Donates $44 Million To Friends Of The Children In Latest Gift
Topline MacKenzie Scott continued her recent spree of philanthropy Thursday, with a $44 million donation to mentorship program Friends of the Children, after promising in 2019 to give away at least ha...
Stocks gain as Fed’s Jackson Hole meeting gets underway
Stocks rose sharply Thursday as central bankers from across the globe convened for the U.S. Federal Reserve’s highly-anticipated Jackson Hole economic symposium. The S&P 500 jumped 1% after ...
BC.GAME Partners With Cloud9–One Of The Most Recognizable Esports Organizations In The World
BC.GAME is thrilled to announce its partnership with Cloud9–one of the most famous esports organizations in the world! BC.GAME looks forward to this fruitful partnership as it extends its reach to all...
Unvaccinated Novak Djokovic Officially Out Of U.S. Open
Topline Tennis star Novak Djokovic’s refusal to receive the Covid-19 vaccine continues to stand in the way of his pursuit of the all-time Grand Slam record, as he said in a tweet Thursday he won’t be ...
Opinion: The Federal Reserve’s Powell has a lot of explaining to do
The Federal Reserve runs a symposium in Jackson Hole, Wyoming, every year. It’s a rite of passage for many in central banking, in monetary economics and for Fed-watching. Sometimes there is a key Fed ...