Finance
-
Some of Wall Street’s biggest names are exposed to the Adani Enterprises plunge
Chairperson of Indian conglomerate Adani Group, Gautam Adani, speaks at the World Congress of Accountants in Mumbai on November 19,…
Read More » -
Adani losses top $100 billion in the wake of Hindenburg Research report
The losses of India’s Adani conglomerate exceeded $100 billion on Thursday, following a short-seller report that led the company to…
Read More » -
China’s real estate crisis isn’t over yet, IMF says
China’s real estate market has slumped in the last two years after Beijing cracked down on developers’ high reliance on…
Read More » -
Here’s everything the Fed is expected to do Wednesday
Federal Reserve Board Chairman Jerome Powell holds a news conference following the announcement that the Federal Reserve raised interest rates…
Read More » -
Britain sets out plans to regulate crypto industry in wake of FTX collapse
British Prime Minister Rishi Sunak speaks during a Q&A at Teesside University, on Jan. 30, 2023. Oli Scarff | Wpa…
Read More » -
Stocks making the biggest moves after hours: Snap, Electronic Arts, Advanced Micro Devices and more
Snapchat logo displayed on a phone screen is seen with a laptop in the background in this illustration photo taken…
Read More » -
Tax credits vs. tax deductions: How they differ, and what to know before you file
D3sign | Moment | Getty Images It’s tax season, and households are confronted by a lot of tax jargon when…
Read More » -
Stocks making the biggest moves midday: GM, McDonald’s, UPS, Pulte, International Paper and more
General Motors CEO Mary Barra speaks to reporters while she waits for the arrival of President Joe Biden at media…
Read More » -
Stocks making the biggest moves premarket: McDonald’s, UPS, General Motors and more
Nathan Stirk | Getty Images News | Getty Images Check out the companies making headlines before the bell. McDonald’s —…
Read More » -
When it comes to the energy transition, one analyst sees the market making a big mistake
The pace of change in the modern world is often rapid and dizzying. Technologies that seem integral to our lives…
Read More » -
Stocks making the biggest moves premarket: Bed Bath & Beyond, Verizon, Lululemon and more
A pedestrian walks by a Bed Bath and Beyond store in San Francisco, California. Justin Sullivan | Getty Images Check…
Read More » -
Uber Freight cuts 150 jobs, about 3% of the unit’s head count
Uber Freight has laid off 150 employees, or about 3% of the segment’s total head count. The layoffs affect the…
Read More » -
Stocks making the biggest moves midday: 3M, Paccar, Bed Bath & Beyond, AMD and more
A woman walks near a Bed Bath & Beyond branch on January 11, 2023 in New York City. Leonardo Munoz…
Read More » -
Stocks making the biggest moves after hours: Microsoft, Texas Instruments, Capital One & more
A building with offices belonging to Microsoft is seen in Chevy Chase, Maryland, January 18, 2023. Saul Loeb | AFP…
Read More » -
‘Outright negative’ on stocks: JPMorgan’s Marko Kolanovic braces for correction, hard landing
JPMorgan’s Marko Kolanovic is abstaining from the early 2023 rally. Instead, the Institutional Investor hall-of-famer is bracing for a 10%…
Read More » -
BlockFi secret financials show a $1.2 billion relationship with Sam Bankman-Fried’s crypto empire
Bankrupt crypto lender BlockFi had over $1.2 billion in assets tied up with Sam Bankman-Fried’s FTX and Alameda Research, according…
Read More » -
Stocks making the biggest moves midday: Sunrun, U.S. Bancorp, Alphabet, AT&T and more
Shoppers shop at AT&T in the King of Prussia Mall on December 11, 2022 in King of Prussia, Pennsylvania. Mark…
Read More » -
Stocks making the biggest moves after hours: Tesla, Chevron, ServiceNow, Levi Strauss, IBM and more
A customer refuels at a Chevron gas station with prices above $4 a gallon in Seattle, Washington, U.S., on Monday,…
Read More » -
Stocks making the biggest moves premarket: Southwest, Tesla, Las Vegas Sands and more
A Southwest Airlines Co. Boeing 737 passenger jet pushes back from a gate at Midway International Airport (MDW) in Chicago,…
Read More » -
Jim Chanos: Bear market is doing something unheard of in my career
Famed short seller Jim Chanos sees an alarming trend in the market. “I’ve been on the Street [since] 1980 [and]…
Read More » -
Amazon, Google, Meta, Microsoft lay off thousands — but tech jobs are still hot in 2023, Indeed finds
Thomas Barwick | DigitalVision | Getty Images Big-name tech firms like Amazon, Google, Meta and Microsoft are undergoing mass layoffs,…
Read More » -
Bank earnings scorecard: All the numbers are in. Wells Fargo, Morgan Stanley still our favorites
With all the major investment and money center banks having now reported fiscal fourth-quarter earnings, we compiled the results to…
Read More » -
Stocks making the biggest moves midday: Chevron, Tesla, Seagate Technology, United Rentals and more
Check out the companies making headlines in midday trading. Seagate Technology — Shares of the data storage company surged 10.9%…
Read More » -
Stocks making the biggest moves after hours: Intel, Visa, Hasbro and more
The Intel Corporation logo is seen at a temporary office during the World Economic Forum 2022 (WEF) in the Alpine…
Read More » -
$6.6 billion fintech Wise accused by rival of harming competition
The Wise logo displayed on a smartphone screen. Pavlo Gonchar | SOPA Images | LightRocket via Getty Images Wise has…
Read More » -
Stocks making the biggest moves premarket: Intel, Chevron, American Express, Silvergate and more
Intel said April 5, 2022 that it has suspended all business operations in Russia. Paco Freire/Sopa Images | Lightrocket |…
Read More » -
Stocks making the biggest moves after hours: Whirlpool, NXP Semiconductors, UnitedHealth and more
An employee stands next to a Whirlpool washing machine inside a home appliances showroom in New Delhi. Anindito Mukherjee |…
Read More » -
Stocks making the biggest moves midday: American Express, Intel, Silvergate Capital and more
American Express, Visa and Mastercard signage are displayed in a shop window in New York. Scott Eells | Bloomberg |…
Read More » -
Goldman Sachs CEO David Solomon gets 29% pay cut to $25 million after tough year
David Solomon, Chairman & CEO of Goldman Sachs, speaking on Squawk Box at the WEF in Davos, Switzerland on Jan.…
Read More » -
Here are 5 things to know about filing a tax return this year
Damircudic | E+ | Getty Images This is an excerpt from the Personal Finance team’s weekly Twitter Space, “This week,…
Read More » -
U.S. unemployment system still plagued by delays 3 years after pandemic-era downturn
People wait in line to attend a job fair at SoFi Stadium on Sept. 9, 2021, in Inglewood, California. Patrick…
Read More » -
Suze Orman is staying conservative with her investments, shunning tech and buying T-bills
Despite an 11% rally in the tech-heavy Nasdaq Composite so far this year, personal finance expert Suze Orman is more…
Read More » -
Europe’s crackdown on Big Tech omitted TikTok — but now that’s set to change
TikTok holds its End Of Year Event 2022 in Milan, Italy, on Dec. 13. Claudio Lavenia | Getty Images Entertainment…
Read More » -
Premier League signs deal with NFT-based fantasy soccer game despite crypto downturn
The Sorare NFT soccer trading card game has partnered with the Premier League on a multi-year licensing agreement. Sorare Sorare,…
Read More » -
Sam Bankman-Fried tried to influence witness through Signal, DOJ alleges
Federal prosecutors are attempting to bar indicted FTX co-founder Sam Bankman-Fried from using encrypted messaging software, citing efforts that may…
Read More » -
Stocks face their biggest test of the year this week as early-year gains stir excitement
This is the biggest week for stocks so far this year and it may set up what the first quarter…
Read More » -
Long Covid has an ‘underappreciated’ role in labor shortage, study finds
Simpleimages | Moment | Getty Images Long Covid is keeping people out of work and may reduce on-the-job productivity for…
Read More » -
Stocks making the biggest premarket moves: Colgate-Palmolive, Kohl’s, Boot Barn and more
The Kohl’s logo is displayed on the exterior of a Kohl’s store on January 24, 2022 in San Rafael, California.…
Read More » -
Stocks making the biggest moves midday: Carvana, Colgate-Palmolive, Tesla and more
Check out the companies making headlines in midday trading Monday. Macy’s flagship store in Herald Square in New York, Dec.…
Read More » -
US consumers left to do the heavy lifting
Despite the ‘euphoria’ in some commentaries about the strength of the first estimate for US 4th quarter economic growth –…
Read More » -
Monday market minutes: Heavy rotation
January has seen a booming start to the year by share markets, despite fears (albeit fading, it has to be…
Read More » -
Diary: Deus ex machinations
You could round up the usual suspects so far as investment markets and all things economic are concerned this week…
Read More » -
Tesla pops: All eyes await this week’s Federal Reserve policy meeting
Stocks rose Friday and capped off a winning week fueled by better-than-expected economic growth and a pop in Tesla shares.…
Read More » -
Commodities corner: Pecking order
Oil prices return to the frontline of commodity markets this week with the OPEC+ group meeting this Wednesday to decide…
Read More » -
Earnings round-up: On a knife-edge
A delicate week ahead for the American stockmarket, with December quarter financial reports from Alphabet, Amazon and Apple on Thursday…
Read More » -
Canada’s transportation supply chains are near breaking point
This section is Presented This section was produced by the editorial department. The client was not given the opportunity to…
Read More » -
Friends of the Liberal government are adding to the pressure on Freeland to constrain spending
This section is Presented This section was produced by the editorial department. The client was not given the opportunity to…
Read More » -
Kevin Carmichael: Bank of Canada emerges as the trendsetter on interest rates
This section is Presented This section was produced by the editorial department. The client was not given the opportunity to…
Read More » -
Key Fed inflation measure eased in December while consumer spending also declined
Consumers spent less in December even as an inflation measure considered key by the Federal Reserve showed the pace of…
Read More » -
Strong week of trading: ASX closes 0.34% higher
Westpac expects the Reserve Bank of Australia’s cash rate to peak at 3.85 per cent following a higher-than-expected inflation print.…
Read More »
