Dwayne Johnson is Black Adam in Warner Bros.’ newest DC film “Black Adam.” Warner Bros. “Black Adam” stormed into theaters this weekend, snaring $67 million domestically....
Tag: Business
Space race to connect satellites to phones with Apple, SpaceX, AT&T
The race to provide high-speed internet from satellites is well underway – but another, more ambitious competition, to connect directly from space to devices like smartphones, began in earnest earlier...
Amazon announces a hiring freeze in ‘parts’ of its cloud business
Amazon.com Inc (NASDAQ: AMZN) is trading down in extended trading after the multinational said it was no longer hiring for “parts” of its cloud business. Hiring freeze to only affect ‘parts’ of AWS Th...
Avis, Pinduoduo, Starbucks, Alibaba and more
People wait in line at Avis rental agency in the Miami International Airport Car Rental Center. Joe Raedle | Getty Images Check out the companies making the biggest moves midday: Tesla — Shares of the...
This hedge fund manager who made winning bets in 2020, says investors should brace for a decades-long bear market
On the heels of last week’s bullish turn for stocks, the setup is looking slightly less positive for Monday. Hong Kong stocks may be affecting the mood with a giant slump after China’s leader cemented...
Nio stock dives below $10, Alibaba hits 6 1/2-year low as Xi’s power move fuels fears
The U.S.-listed shares of China-based companies were rocked Monday, as China President Xi Jinping’s moves to consolidate power fueled fears that current policies that have led to a slowing economy wil...
U.S. stock futures surge after Wall Street’s best week since June
U.S. stock futures surged out of the gate late Sunday, after Wall Street notched its best week since June. Dow Jones Industrial Average futures YM00, +0.62% jumped more than 200 points, or 0.7%, on Su...
Stock-market investors brace for busiest week of earnings season. Here’s how it stacks up so far.
So far, so good? Stocks ended the first full week of the earnings season on a strong note Friday, pushing the Dow Jones Industrial Average DJIA, +2.47%, S&P 500 SPX, +2.37% and Nasdaq Composite CO...
IRS releases new federal tax brackets and standard deductions. Here’s how they affect your family’s tax bill.
America’s high inflation rate will produce a 7% increase in the size of the standard deduction when workers file their taxes on their 2023 income, according to new inflation adjustments from the Inter...
GE, Boeing Earnings Due With Any ‘Falloff In Demand’ Under The Lens Investor’s Business Daily
General Electric (GE) and Boeing (BA) are due to report earnings for the third quarter next week. Both GE stock and BA stock have rallied nicely into earnings, coming off late September lows. X Along ...
Do you have problems with the IRS — or does the IRS have a problem with you? Read this before you act.
How do you deal with a problem like the Internal Revenue Service? And how do you deal with your own tax problems as they pertain to the IRS? To be clear, I’m not talking about major problems like righ...
I like Procter & Gamble over Walmart
Iron Mountain Inc: “Right now I don’t want to back away from it. … We may have to do new work on Iron Mountain to see if it’s as safe as we think it is.” McKesson Corp: &...
Jim Cramer says to buy shares of Danaher on the dip
CNBC’s Jim Cramer on Friday advised investors to add Danaher to their shopping lists for next week after it reported third-quarter results. “You’re now getting a chance to buy one of...
IRS sets new 401(k) limits — investors can save a lot more money in 2023
People can contribute up to $22,500 in 401(k) accounts and $6,500 in IRAs in 2023, the IRS said Friday. For 401(k)s, that’s an almost 10% increase from 2022’s contribution limit of $20,500. For IRAs, ...
CDC is discussing using oral polio vaccine for first time in 20 years to stop New York outbreak
The Centers for Disease Control and Prevention is considering using the oral polio vaccine for the first time in more than 20 years to stop an outbreak in the greater New York City metropolitan area t...
The $40,000 electric vehicle business tax credit may be easy to get
Electric buses at a charging station. Koiguo | Moment | Getty Images Plus, the tax credit for bigger trucks is worth more money — up to $40,000 in contrast to the $7,500 maximum for passenger cars and...
PGA Tour sues LIV Golf’s Saudi backers to force evidence discovery
Team Captain Brooks Koepka of Smash GC and caddie Ricky Elliott shake hands on the 18th green during day three of the LIV Golf Invitational – Jeddah at Royal Greens Golf & Country Club on Oc...
Amazon hires Hawaiian Air to fly rented Airbus cargo jets to replace older freighters
Air cargo containers with the logo of Amazon are seen at Miami International Airport, in Miami, Florida, United States on June 16, 2021. Marco Bello | Anadolu Agency | Getty Images Amazon has hired Ha...
Collapsed crypto exchange ACX used $20M of customers fund for business loan
Investigation into activities of collapsed crypto exchange ACX reveals that it used over $20 million of customer funds as loan support for its parent company Blockchain Global, Sydney Herald reports. ...
Jim Cramer tells investors that IBM is a ‘trust but verify’ situation
CNBC’s Jim Cramer on Thursday advised investors to tread carefully if they’re debating whether to buy shares of IBM after the company reported its third-quarter earnings. “Even after...
Verizon Earnings Edge By Views But Wireless Subscribers Miss| Investor’s Business Daily
Verizon Communications (VZ) on Friday reported September-quarter adjusted earnings and revenue that edged by estimates. But VZ stock fell as the telecom added fewer postpaid wireless phone subscribers...
What’s needed for stocks to rally is capitulation, but that could come from unexpected sources, strategist says
It’s the end of what felt like another very choppy week in stocks. And yet the S&P 500 SPX, +0.36% is in line to start the final session only about 1% or so below last Friday’s close. Uncertainty ...
Nvidia’s Business ‘Very Close to the Bottom,’ Says Analyst
Text size Piper Sandler analyst Harsh Kumar notes chip maker Nvidia is making progress in working down its oversupply at retailers. Dreamstime Piper Sandler believes Nvidia stock is about to make a co...
These 27 stocks can give you a more diversified portfolio than the S&P 500 — and that’s a key advantage right now
You probably already know that because of market-capitalization weighting, a broad index such as the S&P 500 SPX, -0.80% can be concentrated in a handful of stocks. Index funds are popular for goo...
Opinion: Stock market bulls have a new story to sell you. Don’t believe them — they’re just in the ‘bargaining’ stage of grief
Might the bear market’s losses at its recent low have gotten so bad that it was actually good news? Some eager stock bulls I monitor are advancing this convoluted rationale. The outline of their argum...