Topline An appellate court in New York upheld Harvey Weinstein’s rape and criminal sexual act convictions on Thursday, leaving the disgraced film producer’s 23-year prison sentence in place as he awai...
Category: Finance
Live Finance News Updates.
Investors may be in for this rude surprise: History shows inflation can take years to return to normal even when Fed hikes above 10%
History can be a powerful tool, particularly in a high-inflation environment like this one in which no suitable economic model seems to apply. Inflation — running at 8.3% as of April, near a four-deca...
Vaccinations for children under 5 due as early as June 21
A nurse administers a pediatric dose of the Covid-19 vaccine to a girl at a L.A. Care Health Plan vaccination clinic at Los Angeles Mission College in the Sylmar neighborhood in Los Angeles, Californi...
Brittney Griner Communicating Through Email From Russian Detention
Topline WNBA star Brittney Griner, who has been detained in Russia since February on drug charges, is able to communicate with her fellow teammates and league players in writing, the Associated Press ...
Don’t get too excited about the stock market’s recent rally. Some Wall Street experts say it could be a trap—and the bear market will still wreak havoc
The stock market is suddenly looking up. Or is it? Equities whipsawed throughout the month of May as investors contemplated falling economic growth projections and less-than-stellar earnings forecasts...
Russia passes the bill that allows cryptocurrency Payments in Foreign Trade
The finance ministry, according to a news report, has made a number of changes to the law it has been working on over the previous few months. This year, a proposal to allow businesses to utilize cryp...
Stores On Wheels Startup Robomart Gains Momentum With Unilever Partnership
Ice Cream Shop vans selling Unilever brands will begin rolling in parts of Los Angeles next month in … [+] a partnership with store-hailing startup Robomart Robomart A different kind of mobile i...
3 fresh signs a treacherous stock market lurks
Stocks may have stabilized after the mid-May rout, but warning signs are mounting that the economy is entering a rough patch and markets could slip back into sell mode. Here are three red flags tossed...
ESPN executive Dave Roberts pushes for more diversity
Dave Roberts Provided by ESPN Dave Roberts is a creature of habit. The ESPN executive, who has emerged as an influential force behind the scenes at the network, prefers to take business meetings at th...
Stock futures are slightly higher ahead of May’s jobs report
Trader on the floor of the NYSE, June 1, 2022. Source: NYSE Stock futures rose Thursday evening as investors focus their attention on more jobs data due out Friday morning. Futures tied to the Dow Jon...
18-Year-Old American Coco Gauff Reaches French Open Final, Urges An End To Gun Violence
Coco Gauff of the U.S. reacts as she defeats Italy’s Martina Trevisan during their semifinal match … [+] of the French Open tennis tournament at the Roland Garros stadium Thursday, June 2,...
If You Invested $1,000 in Realty Income 5 Years Ago, Here’s How Much You’d Have Made In Dividends
One of the most popular real estate investment trusts (REITs) among institutional and retail investors is Realty Income Corp (NYSE: O), and for good reason. The stock has produced a total return of 7....
This Innovation Will Give The Polkadot And Kusama Ecosystems A New Lease On Life
Acala created a $250 million ecosystem fund at the end of March to help increase aUSD adoption and speed the development of decentralized apps that use the stablecoin on Polkadot. The ecosystem fund i...
Avenatti Sentenced To 4 Years Over Stormy Daniels Theft
Topline Michael Avenatti, the lawyer who represented adult film star Stormy Daniels—who spoke out about hush money she took to keep quiet about an affair with Donald Trump—was sentenced to four years ...
OPEC Move Is Not Worth Biden’s Hype, And Won’t Stop Record Gasoline Prices
Biden speaking by video with a different cartel, of baby formula makers, June 1, 2020. © 2022 Bloomberg Finance LP Another day, another record for gasoline prices, which hit an average of $4.715 a gal...
Tulsa Shooting Suspect Killed Doctor He Blamed For Back Pain—And ‘Anyone Who Got In His Way,’ Police Say
Topline Tulsa Police said Thursday a gunman who killed four at a Tulsa hospital complex Wednesday was a patient of one of the doctors killed in the attack, and he had blamed the surgeon for back pain ...
Lululemon Q1 results: it’s a ‘very strong brand’
Shares of Lululemon Athletica Inc (NASDAQ: LULU) are up 2.0% in extended trading after the athletic apparel retailer reported better-than-expected results for its fiscal first quarter in the face of i...
Stock Market Strengthens At Midday; ADP Jobs Report Misses Forecasts Badly
The stock market strengthened at midday as the Nasdaq composite jumped more than 1%. An estimate of job growth came in well below forecasts. X The S&P 500 reversed higher 0.7% while the Nasdaq com...
Ford’s US sales decline narrows in May amid tight supplies
The Mustang Mach-E is Ford’s first new all-electric vehicle under an $11 billion investment plan in electrified vehicles through 2022. Michael Wayland / CNBC Ford Motor said Thursday that its U....
White House Targets Billionaire Mordashov And Other Russian Elites In New Round Of Sanctions
Topline The White House on Thursday announced a fresh round of sanctions targeting Russian government officials and elites, including billionaire Alexey Mordashov, chairman of Severstal, Russia’...
Okta stock jumped 20% in extended trading: explained here
Okta Inc (NASDAQ: OKTA) stock jumped nearly 20% in after-hours trading on market-beating Q1 revenue. The IT service management company also raised its guidance for fiscal 2023. Okta Q1 financial highl...
PayPal Stock Has Been Cut in Half. Why Analysts See Upside.
Text size PayPal stock could pass $150 a share by 2026, Mizuho says. Nuttapong Punna/Dreamstime.com There’s plenty of upside for PayPal ’s stock, analysts say. The payments app just needs to get its s...
Dentacoin Price Prediction 2022-2030: Is DCN a Good Investment?
Dentacoin is a blockchain network for the global dental industry. The platform aims to change and revolutionize dental health care across the world with blockchain technology. What are the strategies ...
Harvey Weinstein’s sex crime convictions upheld by New York court
Former film producer Harvey Weinstein listens in court during a pre-trial hearing for Weinstein, who was extradited from New York to Los Angeles to face sex-related charges in Los Angeles, California ...
Lululemon, RH, Okta and more
People line up to enter a store during Black Friday shopping at Fashion Outlets of Chicago in Rosemont of Greater Chicago Area, Illinois, the United States, on Nov. 26, 2021. Joel Lerner | Xinhua News...
Assault-Style Firearm Found At Tulsa Hospital Bought Same Day As Shooting
Topline An AR-15 assault-style firearm found at the scene of a shooting spree in a medical building in Tulsa, Okla., that left four dead and nearly 10 others injured Wednesday had been purchased hours...
2 “Strong Buy” Penny Stocks That Could Rally All the Way to $30 (Or More)
There are two sides to every coin. For penny stocks, or tickers that trade for less than $5 per share, this rings especially true. As some of the most divisive names on the Street, they are either met...
Opinion: The Federal Reserve is shrinking its balance sheet under duress, which makes a soft landing nearly impossible
The Federal Reserve has begun to downsize its balance sheet. What does that mean for you? First, you must understand where the balance sheet’s expansion came from and why that policy was pursued. Then...