SBF is prohibited from using encrypted messengers

An agreement has been reached between Sam Bankman-Fried’s lawyers and federal prosecutors regarding his usage of messaging applications. As stated in a court document dated Feb. 6, the agreement prohi...

Russia to Ban Banks From Using Messengers Like Telegram to Contact Customers – Regulation Bitcoin News

Financial institutions in Russia will not be able to communicate with clients through instant messengers based outside the country, local media revealed. A new law passed by the State Duma also prohib...

Stocks Limp Toward 2023 as the Data Show Few Signs of a Clear Direction

Stocks limped on the low volumes of the pre-Christmas week, battered by conflicting data and leaving investors with a muddled outlook going into 2023. It’s a dynamic in which good news and bad news te...

Nike, FedEx, Micron, General Mills, and Other Stocks for Investors to Watch This Week

A bevy of economic data and several notable companies reporting will keep investors busy this week, before things slow down for the holidays. On Tuesday,  Nike FedEx and General Mills release quarterl...

FedEx and Nike earnings will hold vital hints on holiday-shopping strength

After investors raced for the exits following their last earnings reports, package-deliverer FedEx Corp. and athletic-gear maker Nike Inc. will try it again. And they’ll offer important reads on deman...

You’re Hired! No Interview Required in Tight Labor Market

Listen to article (2 minutes) Some employers racing to snap up workers in the tight labor market are omitting a step once considered crucial to hiring: the job interview. United Parcel Service Inc. ha...

Are decentralized blockchain messengers a real alternative?

Since the introduction of ICQ — the progenitor of online chat applications — the expectation from instant messaging (IM) services has never changed. Users simply want them to work, which apparently tu...

These 20 stocks in the S&P 500 tumbled between 20% and 30% in September

Stocks declined again on Friday, closing out September with large losses across the board as the rally from the June lows partway through August faded into memory. The S&P 500 SPX fell 1.5% on Fri...

FedEx Earnings Are Coming. It Shouldn’t Get Any Worse.

Text size FedEx investors will want to hear from management after a disappointing update given a week ago. Joe Raedle/Getty Images Shipping giant FedEx reports its fiscal first-quarter financial resul...

Dow Futures Fall as Wall Street Anticipates Another Big Rate Hike From the Fed

Text size AFP via Getty Images Stock futures traded lower Monday in a week that is expected to see the Federal Reserve raise interest rates by another three-quarters of a point in its effort to stamp ...

Bulls Get Scorched by FedEx. Don’t Expect the Fed to Help.

Text size FedEx’s disappointing earnings and unexpectedly weak guidance were key factors in this past week’s stock market swoon. David Paul Morris/Bloomberg The stock market faces a doubly poisonous c...

With FedEx’s Stock Slide, Just How Safe Is Its Dividend?

Text size FedEx has regularly increased its dividend, though not by more than 50% as it did in June. Justin Sullivan/Getty Images How times have changed for FedEx . In June, the company boosted its qu...

Wall Street Waited Too Long to Abandon FedEx Stock. It’s Too Early to Buy.

Text size FedEx will be closing FedEx Office locations to save money. Mario Tama/Getty Images Wall Street is piling on as FedEx stock plunges. Contrarian investors might want to snap up shares on the ...

Weekend reads: This may cause the next financial crisis

The Federal Reserve invigorated the economy before and during the coronavirus pandemic by purchasing Treasury bonds. The central bank was the main purchaser of newly issued U.S. debt and created trill...

Why Is the Stock Market Down? It Knows the Worst Is Yet to Come.

Text size NYSE From a certain point onward, there is no turning back. The stock market reached that point this past week. Oh, the market was hopeful, entering the week, that inflation had reached its ...

The S&P 500 sank 5% in a very bad week for stocks. These 20 lost as much as 24%.

U.S. stocks sputtered Friday to close out the week in the red. The day’s declines of less than 1% for the broad indexes paled against Tuesday’s, when they sank 4% to 5%. For the week, the Dow Jones In...

Why FedEx’s stock plunge is so bad for the whole stock market

FedEx Corp.’s profit warning has cast a pall on the broader stock market, as a record plunge in the package delivery giant’s stock has helped trigger one half of a Dow Theory “sell” signal. FedEx shar...

Chip Stocks Like Nvidia Keep Plunging to New Lows. It’s No Time to Bargain Hunt.

Text size Intel CEO Pat Gelsinger said business may be a “little bit worse” since they gave guidance on second quarter earnings call in late July. Courtesy Intel Corporation With semiconductor stocks ...

Why FedEx’s profit warning is such bad news for the U.S. economy

FedEx Corp. has bad news for investors, but what the logistics company’s massive profit warning says about the U.S. economy may be even worse. “The FedEx news was pretty stark. But when I read it, I w...

A further 27% drop in the S&P 500 could be coming if inflation hawks are right, Goldman Sachs team warns

Not exactly TGIF this Friday. What the sellside is slowly realizing is not just that the Fed is going to be aggressive in September after the latest shocking inflation figure, but that the central ban...

‘Simply staggering.’ FedEx hit with downgrades, price target cuts as warning shocks Wall Street.

A profit warning from FedEx was ringing alarm bells for Wall Street and beyond on Friday, with shares of the economic bellwether slumping as analysts piled on downgrades and price target cuts. FedEx F...

FedEx Stock Tumbles After Delivering Terrible Earnings News

Text size FedEx disappointed investors Thursday with a surprise earnings miss. Benoit Doppagne/BELGA/AFP via Getty Images FedEx stock was tumbling after the company doubly disappointed investors Thurs...

FedEx to Close Offices, Park Aircraft After Warning of Sales Shortfall

Updated Sept. 15, 2022 5:42 pm ET Listen to article (2 minutes) FedEx said its quarterly revenue fell below its expectations and it was closing offices and parking aircraft to offset declining volumes...

FedEx stock tanks nearly 15% after company withdraws outlook, says year is about to get worse

FedEx Corp. shares fell nearly 15% in the extended session Thursday after the logistics company pulled its outlook for the year, called for significantly lower quarterly profit and lower revenue, and ...

FedEx Sues Ground Contractor, Cancels His Routes

FedEx sued one of its largest delivery contractors in the U.S. and canceled his routes, saying the businessman has orchestrated a campaign to promote his own consulting firm by disparaging the deliver...

UPS’ Carol Tomé: Barron’s Top CEOs 2022

Carol Tomé, CEO of UPS Courtesy of UPS Text size Not all volume is good volume, says Carol Tomé, a former Home Depot executive who came out of retirement to run UPS two years ago. She sold the company...

Why UPS Stock Could Be a Winner. Margins Are Improving.

Text size UPS CEO Carol Tome.. (Photo by JIM WATSON / AFP) (Photo by JIM WATSON/AFP via Getty Images) AFP via Getty Images Until recently, United Parcel Service operated a little like the New York Yan...

Stock Market Closed for Juneteenth, June Economic Data, and More to Watch This Week

Text size Uncredited U.S. stock and bond markets will be closed on Monday in observance of Juneteenth. There will be a handful of earnings reports, annual shareholders meetings, and economic-data rele...

FedEx’s Dividend Hike Stands Out

Text size FedEx trucks at a sorting facility Justin Sullivan/Getty Images FedEx grabbed the headlines this week for dividend announcements, declaring an increase of more than 50% to its quarterly payo...

FedEx Raises Dividend, Stock Jumps 9%. Is ‘New Day Dawning?’

FedEx stock is soaring after the company announced a dividend increase. Spencer Platt/Getty Images Text size FedEx stock was soaring after the delivery company raised its dividend and said it would ad...

UPS Stock Is Down For a Seventh Straight Day. Here’s Why.

Text size UPS stock is on a seven-day losing streak. Alex Wong/Getty Images   United Parcel Service stock is on an ignominious streak, falling for seven consecutive days. There hasn’t been much compan...