It’s been a tough year to be an investor, and the wealthy are no exception. Losses in both stock and bond markets this year have made portfolio conversations between Wall Street investment advis...
Tag: business news
Here are the 5 hottest luxury real estate markets in South Florida
This oceanfront mansion in Highland Beach, FL sold for $40 million breaking a local record for the town. Robert Stevens The supply of luxury homes and condos in South Florida isn’t merely tight....
Hedge funds attract the biggest inflows in 7 years on the back of market volatility
A trader works on the floor of the New York Stock Exchange (NYSE) in New York City, U.S., December 3, 2021. Brendan McDermid | Reuters (Click here to subscribe to the Delivering Alpha newsletter.) The...
Powerball’s jackpot is $454 million. What to do first if you win
Justin Sullivan | Getty Images If you play Powerball, there’s a good chance you’ve daydreamed about how you would spend the money if you hit the jackpot. With the lottery game’s top ...
Microsoft, Visa, Enphase Energy, Boeing and more
Microsoft Corporation headquarters at Issy-les-Moulineaux, near Paris, France, April 18, 2016. Charles Platiau | Reuters Check out the companies making headlines in midday trading. Enphase Energy — Sh...
Gibraltar unveils new cryptocurrency rules against market manipulation
The overseas British territory wants to become a global hub for crypto firms. Geography Photos | Universal Images Group | Getty Images Gibraltar has unveiled new regulations for the cryptocurrency ind...
Boeing posts loss as it grapples with delays on commercial, defense programs
A Boeing Co. Dreamliner 787 plane with AirEuropa livery moves past the company’s final assembly facility in North Charleston, South Carolina, U.S., on Tuesday, Dec. 6, 2016. Travis Dove | Bloomb...
Why a good credit score matters and how to improve your number
You are looking to make a purchase, such as a new cellphone or a car, but you need some time to be able to pay the full amount. Or you might be taking out a new credit card, with no single purchase in...
Central bank tries to slow weakening yuan vs US dollar
The Chinese yuan has weakened sharply against the U.S. dollar in the last several weeks as the greenback strengthens and investors worry about China’s economic growth. Fotoholica Press | Lightro...
Elon Musk’s SpaceX launches NASA Crew-4 astronaut mission
A SpaceX Falcon 9 rocket carrying the company’s Crew Dragon spacecraft Freedom launches the Crew-4 mission from NASA’s Kennedy Space Center in Florida on April 27, 2022. Aubrey Gemignani |...
Ridiculous to think we can stop fossil fuel production immediately: CEO
Fossil fuels are ingrained in the global energy mix and companies continue to discover and develop oil and gas fields at locations around the world. Imaginima | E+ | Getty Images LONDON — The CEO of S...
Walmart dangles deeper gas discounts to attract, retain subscribers
As prices climb at the grocery store and gas station, Walmart said Wednesday that it will offer deeper discounts on fuel to nudge more customers to join and renew Walmart+. Chris Cracchiolo, senior vi...
Retail and consumer IPOs, M&A activity slowing amid inflation: KPMG
People shop at a grocery store in Monterey Park, California, on April 12, 2022. Frederic J. Brown | AFP | Getty Images Supply chain headaches, surging interest rates and the war in Ukraine have combi...
Symptoms of mysterious liver disease affecting children, Covid links
Health experts are investigating the likely cause of a new children’s liver disease, which was first reported in the U.K. in January 2022, and whether it bears any connection to the coronavirus....
Chipotle staffing back at pre-pandemic levels, company is exploring automation, CEO says
Chipotle Mexican Grill CEO Brian Niccol told CNBC’s Jim Cramer on Tuesday that the company’s staffing levels are back where they were before the Covid-19 pandemic. “Our staffing is a...
Weekly Covid deaths have dropped to lowest since March 2020, WHO says
The World Health Organization on Tuesday said weekly new Covid deaths have fallen to the lowest level since March 2020, but warned a global decline in testing for the virus could hinder its efforts to...
One of the 3 market headwinds needs to settle to find a bottom
CNBC’s Jim Cramer on Tuesday said that while there are three economic and geopolitical issues currently roiling the market, only one needs to resolve for the market to bottom. “There are t...
Charts suggest near-term market pain may be over
CNBC’s Jim Cramer said Tuesday that the market will likely move sideways instead of experiencing a monster rally when it recovers, leaning on analysis from DeCarley Trading market strategist Car...
Chipotle Mexican Grill (CMG) Q1 2022 earnings beat estimate
A customer sits outside of a Chipotle restaurant in Santa Clara, California, U.S., on Tuesday, Oct. 19, 2021. David Paul Morris | Bloomberg | Getty Images Chipotle Mexican Grill‘s quarterly earn...
Lucid to deliver up to 100,000 EVs to Saudi Arabia’s government
With 1,050 horsepower, the new Grand Touring Performance edition becomes the most powerful version of Lucid’s electric Air sedan. Lucid Motors Lucid Group said that the government of Saudi Arabi...
GM has 140,000 reservations for Chevrolet Silverado EV
2024 Chevrolet Silverado EV RST GM General Motors now has about 140,000 reservations for the upcoming electric version of its Chevrolet Silverado pickup, CEO Mary Barra said during GM’s first-qu...
Nasdaq futures fall following Tuesday’s sharp losses for stocks
A trader works on the floor of the New York Stock Exchange (NYSE) in New York, April 14, 2022. Brendan McDermid | Reuters Nasdaq 100 futures fell on Tuesday night after the major averages continued th...
FAA, airlines to meet on Florida flight disruptions as travel booms
Travelers look at a display board showing cancelled and delayed flights at Orlando International Airport on New Year’s weekend, despite thousands of flight cancellations and delays across United...
GOP Rep. Madison Cawthorn brought gun to North Carolina airport
Rep. Madison Cawthorn, R-N.C., is seen in the U.S. Capitol as House Minority Leader Kevin McCarthy, R-Calif., spoke at length on the House floor to delay the Build Back Better Act vote on Thursday, No...