The CPI inflation rate is finally past its peak, we’re sure to find out Wednesday morning. Falling gas prices, retail discounting, the return of online deflation and a plunge in shipping costs a...
Category: Finance
Live Finance News Updates.
Why Glenmorangie Rebranded
Glenmorangie’s rebranded The Lasanta Glenmorangie When LVMH purchased Scottish whisky distillery Glenmorangie in 2004, for a cool for £300 million ($362 million), it didn’t seem entirely in-line...
The CHIPS Act Is A Boon For American Innovation
Last week, both the Senate and the House of Representatives passed the CHIPSHIPS Act, which means all that remains for it to become law is President Biden’s signature — after which $280 billion of fun...
Timo Werner Returns To RB Leipzig From Chelsea In $30 Million Deal
Timo Werner has rejoined his former club RB Leipzig from Chelsea in what will be a $30 million deal … [+] including add-ons (Photo by Michael Steele/Getty Images) Getty Images Timo Werner has re...
Suze Orman likes these 3 simple techniques to prepare for the recession ahead
‘Assume you are laid off’: Suze Orman likes these 3 simple techniques to prepare for the recession ahead The word recession is making headlines these days. The latest GDP report showed that the U.S. e...
‘Sonic The Hedgehog 3’ To Open Against ‘Avatar 3’
Knuckles (Idris Elba) and Sonic (Ben Schwartz) in Sonic The Hedgehog 2 from Paramount Pictures and Sega. © 2021 Paramount Pictures and Sega of America, Inc. All Rights Reserved. Paramount announced la...
Occidental Petroleum stock surges after Warren Buffett’s Berkshire Hathaway boosts stake by $390 million
Shares of Occidental Petroleum Corp. OXY, +3.95% rallied 3.6% in afternoon trading Tuesday, enough to pace the S&P 500’s SPX, -0.42% energy sector gainers, after the oil and natural gas comp...
House Committee Can Get Trump’s Tax Returns, Appeals Court Rules
Topline Donald Trump’s tax returns must be turned over to the House Ways and Means Committee, a federal appeals court ruled Tuesday, the latest ruling in the ex-president’s ongoing effort to shield hi...
Roblox shares down 20% after Q2 report
Shares of Roblox Corp (NYSE: RBLX) are down nearly 20% in extended trading on Tuesday after the videogame company reported weaker-than-expected bookings for its fiscal second quarter. Should you sell ...
Don’t be fooled by a drop in U.S. headline inflation. Markets will be attuned to another figure on Wednesday.
Traders, investors and economists are all counting on Wednesday’s consumer-price index report to show a decline in the annual headline U.S. inflation rate for July. But there’s another figure buried i...
Elon Musk Challenges Twitter’s CEO to Public Debate
Musk put up a 24-hour Twitter poll Saturday He asked his 103 million followers if they think that less than 5% of Twitter daily users are fake or spam Twitter has sued Elon Musk to force him to go thr...
CEL Token Soars As Committee Representing Celsius Users Pledges To Investigate CEO Alex Mashinsky for Wrongdoing
The chief executive of embattled crypto lending platform Celsius (CEL) is reportedly under investigation by a committee representing its users. A new official mission statement from the committee of u...
Today, ‘Stranger Things’ Went Where No Netflix Show Has Gone Before
Today, ‘Stranger Things’ stretched its Top 10 streak into unprecedented territory. Netflix In many ways, it felt like the time for Stranger Things had passed. After all, the show hadn’t be...
Micron and Nvidia: Buy or Sell After Bearish Updates?
Yesterday it was Nvidia (NVDA) – Get NVIDIA Corporation Report and today it’s Micron (MU) – Get Micron Technology Inc. Report. Both chipmakers are moving lower on Tuesday following beari...
Binance disables off-chain transfers between itself and WazirX
Crypto exchange Binance will no longer support off-chain fund transfers between itself and WazirX as the relationship between the two firms sours. The move, announced Monday, will take effect on Augus...
Ford’s New F-150 Lightning Truck to Get Price Hike
Updated Aug. 9, 2022 1:22 pm ET Listen to article (1 minute) Ford Motor new all-electric truck is getting a price increase fewer than four months after it started shipping to dealerships for the first...
Weapons Contractors Thrive Despite Pandemic, Supply Chain Issues
America’s top weapons contractors had another banner year in 2021 despite labor and supply chain issues linked to the COVID pandemic and other global economic challenges, according to the latest editi...
Endo Shares Plunge On Imminent Bankruptcy Filing
The Wall Street Journal Revlon Names Interim CFO Amid Bankruptcy Process Revlon is changing out its top finance executive roughly two months after filing for bankruptcy protection. Revlon, owner of br...
Stocks making biggest after hour moves: Coinbase, Roblox and more
In this photo illustration, the Coinbase logo is displayed on a smartphone screen. Rafael Henrique | SOPA Images | Lightrocket | Getty Images Check out the companies making headlines in after hours tr...
Paul W. Anderson Revisits ‘Event Horizon’ As The Sci-Fi Classic Turns 25
Director Paul W. Anderson’s ‘Event Horizon’ involved sets that were both elaborate in scale and … [+] visually stunning. Paramount Pictures It turns out Kurt Russell knew somet...
Novavax does not have a forecast for U.S. orders in 2022: CEO Erck
Novavax (NVAX) missed Wall Street expectations Monday after its second quarter earnings showed softer-than-expected demand in global vaccine sales, forcing the company to slash its 2022 outlook by 50%...
Sweetgreen (SG) Q2 2022 earnings meet estimates
A worker wears a Sweetgreen Inc. hat while preparing food inside the company’s restaurant in Boston, Massachusetts. Adam Glanzman | Bloomberg | Getty Images Shares of Sweetgreen plunged more tha...
In Summer Of Record Heat, U.S. Power Grid Is Holding Up–So Far
High voltage transmission towers in Houston, Texas Getty Images Despite earlier warnings from grid operators and power grid reliability experts, this summer’s unprecedented heat waves have not caused ...
Chipotle to pay $20 million to NYC workers as part of settlement
Chipotle restaurant in New York City Scott Mlyn | CNBC New York City Mayor Eric Adams and city officials announced Tuesday that Chipotle has agreed pay about $20 million to roughly 13,000 workers for ...
Green Day, J-Hope And Måneskin Close Out Lollapalooza 2022 In Chicago
Billie Joe Armstrong of Green Day performs on stage at Lollapalooza. Sunday, July 31, 2022 at Grant … [+] Park in Chicago, IL Photo by Barry Brecheisen For many artists, the Lollapalooza weekend...
Donald Trump’s Mar-a-Lago Estate Searched by FBI — What Stocks May Be Affected
Former U.S. President Donald Trump released a statement last night that painted the present as “dark times for our nation” as he says his home was “under siege, raided and occupied by a large group of...
Polygon price analysis: MATIC falls at the $0.88 hurdle to initiate downtrend
Polygon price analysis has turned bearish over the past 24 hours, as price fell more than 4 percent on the daily chart. Bulls failed to consolidate on earlier momentum that had targeted the $0.95 pric...