» Scientists Fault Federal Response to Bird Flu Outbreaks on Dairy Farms
19/04/24 20:06 from NYT > Business Day
Testing for H5N1 infection has been limited, and the outbreak was never confined. But asymptomatic cows in North Carolina may require a reassessment.
» In Trump Trial, Press Coverage of Jurors Draws Partisan Reactions
19/04/24 19:22 from NYT > Business Day
Journalists covering the trial face a tricky balancing act: inform the public while keeping its participants out of harm’s way.
» With a Fresh Look and Recipes, Manischewitz Courts a New Generation
19/04/24 18:18 from NYT > Business Day
The 136-year-old company’s products have been staples in American Jewish households for generations. After a major rebranding, the matzo ball soup comes with merch.
» Frederick Celani, Who Made a Career as a Con Man, Dies at 75
19/04/24 18:14 from NYT > Business Day
His serial frauds included a waterfront development in Buffalo, a civil rights law firm in California and a package delivery company in Springfield, Ill.
» Netflix’s stock has worst day in two years as its ‘rite of passage’ gets panned
19/04/24 17:54 from MarketWatch.com - Top Stories – Sponsored by: CyberTrader
Other technology companies have pulled back on financial disclosures as they’ve grown, and now Netflix will do the same.
» Tesla’s stock suffers sixth straight slide as Cybertruck recall is announced
19/04/24 17:53 from MarketWatch.com - Top Stories – Sponsored by: CyberTrader
Tesla must recall nearly 4,000 Cybertruck vehicles due to potential problems with their accelerator pedals.
» Nvidia’s stock plunge leads ‘Magnificent Seven’ to a record weekly market-cap loss
19/04/24 17:51 from MarketWatch.com - Top Stories – Sponsored by: CyberTrader
The decline in “Magnificent Seven” stocks erased a collective $950 billion from their market capitalizations this week, which made for the group’s worst-ever weekly loss of market value.
» Netflix Stock Sent Reeling 9% Today
19/04/24 17:47 from 24/7 Wall St.
Netflix (Nasdaq: NFLX) had one of its worst days in a while, falling over 9% to well below the $600 threshold after getting on Wall Street’s bad side. In its first-quarter results, the content-streaming giant revealed it would no l...
» Denny Walsh, Reporter Who Tussled With Mayors and Editors, Dies at 88
19/04/24 17:44 from NYT > Business Day
Mr. Walsh won a Pulitzer Prize for investigative reporting in 1969 and later joined The New York Times, which eventually fired him.
» American Express says cardholders are buying lots of ‘front of cabin’ plane tickets, as total spending grows 7%
19/04/24 17:40 from MarketWatch.com - Top Stories – Sponsored by: CyberTrader
American Express saw an acceleration in new card acquisitions during the first quarter, and it recorded a profit beat for the period.
» Why Super Micro’s stock tumbled to its worst day since August
19/04/24 17:33 from MarketWatch.com - Top Stories – Sponsored by: CyberTrader
Some were hopeful Super Micro would give a positive update ahead of its official results, but that didn’t materialize when the company set its earnings date.
» AMC’s stock resumes rally, registers highest close since March
19/04/24 17:21 from MarketWatch.com - Top Stories – Sponsored by: CyberTrader
Shares of the movie-theater chain and original meme stock have climbed three of the past four days
» Nvidia drops 10% as investors see risk in Big Tech shares
19/04/24 17:20 from FT.com - Equities
US stock markets suffer their worst run since October 2022 as investors pull back from AI bets
» Nike discloses ‘second phase’ of job cuts at its headquarters amid cost-savings efforts
19/04/24 16:37 from MarketWatch.com - Top Stories – Sponsored by: CyberTrader
More than 700 staff at Nike’s global headquarters in Oregon will have been laid off by June 28, the company said.
» Inflation, Interest Rates and Oil Prices Have Jolted the Markets
19/04/24 16:21 from NYT > Business Day
Euphoria has been replaced by a much more somber mood, changing the value calculations in a host of markets, our columnist says.
» The Largest Companies Paying Dividends This Week
19/04/24 16:20 from 24/7 Wall St.
Welcome to your quick hit of the biggest players on the block paying out dividends in the coming week. Let’s dive right in and spotlight some of the giants! First up, we have Oracle (ORCL). Oracle, the powerhouse behind many of you...
» Stock Market Set for Longest Losing Streak in Months
19/04/24 16:18 from NYT > Business Day
A rally at the start of the year has given way to worries on Wall Street about economics and geopolitics.
» FAA Will Require More Rest for Air Traffic Controllers
19/04/24 16:15 from NYT > Business Day
The agency announced new rules to address the dangers of exhaustion for controllers, who often work grueling round-the-clock schedules.
» Start-Up Founder Sentenced to 18 Months in Prison for Fraud
19/04/24 16:01 from NYT > Business Day
Manish Lachwani, who founded the software start-up HeadSpin, is the latest tech entrepreneur to face time in prison in recent years.
» Rate-cut expectations give way to questions about a Fed hike — and how much higher interest rates should go
19/04/24 16:00 from MarketWatch.com - Top Stories – Sponsored by: CyberTrader
Portfolio managers, economists, and Federal Reserve policy makers are all asking the same question: Are U.S. interest rates, now at a 23-year-high of 5.25% to 5.5%, high enough?
» Here’s what Biden can really do to ensure gas prices are ‘affordable’
19/04/24 16:00 from MarketWatch.com - Top Stories – Sponsored by: CyberTrader
Gasoline prices are on the rise this election year, and President Joe Biden’s team wants to make sure they’re “affordable” for Americans — but can the White House actually do that?
» Fed report highlights risks to financial stability if interest rates stay higher for longer
19/04/24 16:00 from MarketWatch.com - Top Stories – Sponsored by: CyberTrader
The biggest worry for the global financial system is that the Federal Reserve keeps monetary policy tighter than expected, according to experts surveyed by the central bank.
» 2-year Treasury yield ends with largest four-week advance since last June
19/04/24 15:45 from MarketWatch.com - Top Stories – Sponsored by: CyberTrader
Rates on U.S. government debt finished slightly lower on Friday after Israel’s limited retaliation against Iran led to a modest flight-to-safety trade, yet yields still advanced for the third or fourth week in a row.
» Oil ends below the day’s highs as panic eases over Israel’s retaliation against Iran
19/04/24 15:40 from MarketWatch.com - Top Stories – Sponsored by: CyberTrader
Oil prices on Friday pared much of their overnight gains to settle with a more modest rise as “calmer heads” prevailed after an apparent retaliatory attack by Israel on Iran.
» Chinese Export Surge Clouds U.S. Hopes of a Domestic Solar Boom
19/04/24 15:19 from NYT > Business Day
The decision by a Massachusetts solar company to abandon plans to build a $1.4 billion U.S. factory highlights the risks amid a flood of Chinese clean energy exports.
» Investor nerves tested as market themes unravel
19/04/24 15:00 from FT.com - Equities
Magnificent Seven tech stocks have come off the boil but is it just a blip?
» As Paramount’s stock soars, bonds see net selling despite juicy yields and discounted prices
19/04/24 14:46 from MarketWatch.com - Top Stories – Sponsored by: CyberTrader
Paramount’s bonds that mature in 2032 and 2036 are currently yielding more than 7%.
» Tesla’s stock keeps getting cheaper — and Cathie Wood’s ETFs keep buying it
19/04/24 14:31 from MarketWatch.com - Top Stories – Sponsored by: CyberTrader
ARK Invest ETFs bought roughly $26 million of Tesla stock in the past three days, and more than $100 million in April.
» Tesla Will Recall Cybertruck in Latest Setback
19/04/24 14:26 from NYT > Business Day
A federal auto safety agency said the accelerator pedal on the pickup truck, sales of which began in late 2023, could become stuck, increasing the risk of accidents.
» ‘My boss didn’t even know’: Tesla employees talk about being shocked at how they were laid off
19/04/24 14:26 from MarketWatch.com - Top Stories – Sponsored by: CyberTrader
“I got the email on my off day, and they sent it in the middle of the night — no warning,” one former Tesla employee said about the layoffs.
» Apple Says It Was Ordered to Pull WhatsApp From China App Store
19/04/24 14:23 from NYT > Business Day
Apple said it removed WhatsApp and Threads from its China app offerings Friday on Beijing’s orders, amid technological tensions between the U.S. and China.
» U.S. dollar — and its No. 1 status — could become a casualty of economic war
19/04/24 14:15 from MarketWatch.com - Top Stories – Sponsored by: CyberTrader
A less-respected U.S. dollar will have major implications for world trade and American consumers.
» How France Is Fighting ‘Shrinkflation’
19/04/24 14:12 from NYT > Business Day
Merchants will be required to put signs in front of all products that have been reduced in size without a corresponding price cut.
» This trader’s ‘core’ bullish position washes out as major S&P 500 supports break down
19/04/24 14:12 from MarketWatch.com - Top Stories – Sponsored by: CyberTrader
McMillan: Investment picture has changed and investors need to adjust their view now.
» Why buying stocks in this hot sector may turn out to be a money-losing bet
19/04/24 14:05 from MarketWatch.com - Top Stories – Sponsored by: CyberTrader
The semiconductor industry has been soaring; that won’t last forever.
» Big banks have been a bright spot in tough week for markets
19/04/24 14:02 from MarketWatch.com - Top Stories – Sponsored by: CyberTrader
Major banks sailed through commercial real-estate updates in earnings and tapped the corporate bond market — with regional banks now on deck.
» Shopify is tightening up on hiring. One analyst likes the stock more as a result.
19/04/24 13:52 from MarketWatch.com - Top Stories – Sponsored by: CyberTrader
“We believe investor expectations have over corrected,” Morgan Stanley analysts say.
» The U.S. housing market’s biggest headaches, in five charts
19/04/24 13:46 from MarketWatch.com - Top Stories – Sponsored by: CyberTrader
After emerging from the ordeal of 8% mortgage rates, some in the housing market thought the worst was over.
» NYCB is expected to swing to a first-quarter loss next week after estimates have tumbled
19/04/24 13:24 from MarketWatch.com - Top Stories – Sponsored by: CyberTrader
Analysts’ estimates go from profit to loss after bank’s stock plunged on material weakness and stressed loans.
» Michael Abramowitz Named New Director of Voice of America
19/04/24 13:21 from NYT > Business Day
Michael Abramowitz, a former Washington Post journalist who is currently the president of the nonprofit Freedom House, is expected to start in the role this summer.
» Trump’s ‘DJT’ stock rises as CEO ‘tries to blame’ short sellers for weakness
19/04/24 13:20 from MarketWatch.com - Top Stories – Sponsored by: CyberTrader
Trump Media & Technology’s stock rallied Friday and was headed for a third straight gain after the parent company of Donald Trump’s social-media platform Truth Social asked regulators to look into potential illegal selling activity.
» ‘Reality check’ for the green transition
19/04/24 13:15 from FT.com - Financial Markets News
Also in this newsletter: IMF warns EU off ‘subsidy race’, Apple under pressure from China, science round-up
» These three things make this bullish Wall Street pro question whether stocks are still worth the risk
19/04/24 13:13 from MarketWatch.com - Top Stories – Sponsored by: CyberTrader
Being long U.S. stocks — especially large-cap U.S. stocks — has paid off for investors over the long term. But at least one stalwart bull is starting to question whether they are still worth it at current levels.
» Serious Fraud Office reviews cases after software problems
19/04/24 13:10 from FT.com - Financial Markets News
UK agency to look at past and present investigations as fresh issues emerge over evidence disclosure
» 10 Renewable Energy Techs That Will Soon Be in Every Home
19/04/24 13:07 from 24/7 Wall St.
The American home tends to reflect the priorities and style of the people who live in it, evolving over time to meet the needs and desires of its occupants. Take any home from any year and you will be able to deduce when that home was bu...
» Oil price shrugs off Israeli strikes on Iran
19/04/24 12:52 from FT.com - Financial Markets News
Brent spikes above $90 before dropping close to three-week low as Tehran plays down significance of attacks
» Ken Griffin’s trading firm blasts Trump Media boss as ‘loser’
19/04/24 12:50 from Financial Times - FT Trading Room
Citadel Securities attacks Devin Nunes after letter to Nasdaq raises concerns over naked short selling
» Why AI Darling Super Micro Computer Crashed Today
19/04/24 12:31 from 24/7 Wall St.
Artificial intelligence (AI) stocks are used to being treated like royalty. But not lately. Among today’s losing stocks, Super Micro Computer (Nasdaq: SMCI), aka Supermicro, is taking it on the chin with a steep fall to its two-mon...
» Are you investing in the gold rush?
19/04/24 12:27 from FT.com - Financial Markets News
FT Money wants to hear from reader investors
» How To Generate $10,000 In Passive Income This Year
19/04/24 11:39 from 24/7 Wall St.
The Bureau of Labor Statistics reported in early April 2024 that the Consumer Price Index rose 3.5%. This means inflation has now exceeded the Federal Reserve’s 2% inflation target for 37 consecutive months. In the face of waning purcha...
» States With the Strongest Gun Cultures
19/04/24 11:31 from 24/7 Wall St.
Gun ownership has been a constitutional right in the United States since 1791. Now, over two centuries later, firearms are a fixture in American culture — and in recent years a growing share of the population are choosing to exerci...
» Tesla reports earnings next week — can you as an investor expect anything good?
19/04/24 11:29 from MarketWatch.com - Top Stories – Sponsored by: CyberTrader
Also: Netflix’s good numbers and a reporting change, buying a home off-market, and retirement investing strategies.
» P&G’s stock falls after a sales miss, as baby and health-care volumes declined
19/04/24 11:19 from MarketWatch.com - Top Stories – Sponsored by: CyberTrader
Shares of Procter & Gamble Co. slipped Friday, after the consumer packaged-goods company reported fiscal third-quarter sales that came up short of forecasts, amid weakness in the segment encompassing baby, feminine and family-care products.
» Chinese Export Surge Clouds U.S. Hopes of a Domestic Solar Boom
19/04/24 11:18 from NYT > Business Day
The decision by a Massachusetts solar company to abandon plans to build a $1.4 billion U.S. factory highlights the risks amid a flood of Chinese clean energy exports.
» China’s Export Dominance: What to Know
19/04/24 11:18 from NYT > Business Day
From cars to solar panels to furniture, China is using lavish bank lending and enormous investments in robotics to cement its global leadership in manufacturing.
» Cinemark poised to reap the benefits of a better box office, says Wedbush, raising price target and estimates
19/04/24 11:16 from MarketWatch.com - Top Stories – Sponsored by: CyberTrader
Cinemark Holdings Inc. is well positioned for an improved box office as the movie theater industry recovers from the effects of last year’s Hollywood writers’ and actors’ strikes, according to analyst firm Wedbush.
» Apple removes WhatsApp and Threads from China store under pressure from Beijing
19/04/24 11:12 from FT.com - IT
Internet regulator orders delisting of two Meta-owned apps over ‘national security concerns’
» TSM and ASML Fall After Earnings: Is the AI Stock Rally Over?
19/04/24 11:04 from 24/7 Wall St.
Taiwan Semiconductor (NYSE: TSM) and ASML (Nasdaq: ASML) are two of the biggest bellwethers in the artificial intelligence space. Taiwan Semiconductor is dominant in leading manufacturing processes favored by AI companies while ASML has ...
» Taylor Swift and Beyoncé Avoided a Collision on the Charts. (Again.)
19/04/24 10:59 from NYT > Business Day
Pop’s two reigning queens are often cast as rivals, but they have continually supported each other — and spaced out their album releases.
» Taylor Swift Sells a Rainbow of Vinyl Albums. Fans Keep Buying Them.
19/04/24 10:58 from NYT > Business Day
Artists across pop genres are finding success with colored vinyl and different variants of their releases. For Swifties, the urge to collect them all is strong.
» Every Warship and Sub in the Chinese Navy
19/04/24 10:43 from 24/7 Wall St.
It is no secret that China has been on the rise in terms of military power and geopolitical strength. Expanding its power through the South China Sea and even further, China’s dominance of the region has only risen as its naval fleet and...
» Norfolk Southern fires back at activist Ancora as proxy fight intensifies
19/04/24 10:38 from MarketWatch.com - Top Stories – Sponsored by: CyberTrader
Norfolk Southern has slammed the “flawed assumptions” of Ancora’s “highly unrealistic near-term financial targets” for the company.
» Tesla Cybertruck recall: How owners can fix the potential safety problem
19/04/24 10:36 from MarketWatch.com - Top Stories – Sponsored by: CyberTrader
Tesla is recalling 3,878 model year 2024 Cybertrucks to fix a safety problem with the accelerator pedal pad.
» Fed’s Goolsbee says progress on inflation has stalled, makes sense to wait on interest rates
19/04/24 10:33 from MarketWatch.com - Top Stories – Sponsored by: CyberTrader
Chicago Fed president “hopeful” we will get improvement on inflation.
» Schlumberger posts profit gain for first quarter as revenue tops estimates
19/04/24 10:30 from MarketWatch.com - Top Stories – Sponsored by: CyberTrader
International revenue for the oil-services company rose 18% to offset softness in North America, Schlumberger’s CEO said.
» 7 places to retire for people who love cruises
19/04/24 10:18 from MarketWatch.com - Top Stories – Sponsored by: CyberTrader
If you plan to cruise a lot in retirement, being within driving distance of a major port can open up the world to you.
» Can Trump’s DJT Stop Short Sellers from Driving the Stock Down?
19/04/24 09:58 from 24/7 Wall St.
DJT – or Trump Media & Technology Group – filed with the SEC that it’s publishing a new FAQ that includes guidance on how investors can block short sellers from accessing their shares. In the video below, 24/7 Wall ...
» This is America’s Most Lethal Sniper, Ever: The Top 25 Ranked
19/04/24 09:54 from 24/7 Wall St.
A sniper’s ability to eliminate far away targets while keeping their position concealed has played a significant role in military history. The term “sniper” began to be used more commonly during World War I, where they ...
» How Much the 10 Most Popular Semi-Automatic Rifles in America Cost
19/04/24 09:53 from 24/7 Wall St.
MSRs (short for modern sporting rifles) are AR-15-style rifles that lack the fully automatic and burst-fire capabilities of their military counterparts (such as the M16 and AK-47). MSRs accounted for 23.4% of all firearms manufactured in...
» ‘I’d rather wear a potato sack’: I’m a bridesmaid at three weddings. The brides chose ugly dresses — and I’m obliged to pay. Should I say no?
19/04/24 09:42 from MarketWatch.com - Top Stories – Sponsored by: CyberTrader
“I’m getting increasingly anxious about these mounting expenses, and I don’t know how I can possibly afford them.”
» David Zaslav Receives $50 Million for Leading Struggling Warner Bros. Discovery
19/04/24 09:31 from NYT > Business Day
The chief executive’s 2023 pay package rose 26 percent from the year before, while the company’s losses totaled $3 billion.
» Mortgage rates hit highest level since November, pushing monthly payment for a typical home close to $3,000
19/04/24 09:28 from MarketWatch.com - Top Stories – Sponsored by: CyberTrader
The 30-year mortgage rate is averaging 7.1%, Freddie Mac said in its latest weekly survey on Thursday.
» I botched my first RMD by taking one withdrawal for three accounts. Shouldn’t the final amount be the only thing that matters?
19/04/24 09:13 from MarketWatch.com - Top Stories – Sponsored by: CyberTrader
The IRS has specific rules for how much to take out and from which accounts once you hit 73, and there’s not much wiggle room.
» Here’s why Trump will reject a flat tax
19/04/24 09:11 from MarketWatch.com - Top Stories – Sponsored by: CyberTrader
A flat tax rate is one of those ideas that sounds great until you think about it.
» Thousands Are Eligible for Tax Refunds From 2020
19/04/24 09:00 from NYT > Business Day
The I.R.S. estimates that 940,000 people who didn’t file their returns for that year are due back money. The deadline for filing to get it is May 17.
» Mark Zuckerberg is now richer than Elon Musk as Meta launches new AI
19/04/24 08:28 from MarketWatch.com - Top Stories – Sponsored by: CyberTrader
Zuckerberg’s total net worth of $178 billion surpassed Musk’s $170 billion as of Friday, according to Bloomberg’s Billionaire Index.
» A Union Vote at Volkswagen Is a Big Test for the UAW
19/04/24 08:27 from NYT > Business Day
If workers at a plant in Tennessee agree to unionize, it would reflect the growing power of groups like the U.A.W. at a crucial political moment.
» Five reasons the stock market’s ‘painful’ pullback may be nearing its end
19/04/24 08:21 from MarketWatch.com - Top Stories – Sponsored by: CyberTrader
It’s been a painful experience for investors over recent days. But it may soon come to an end says Tom Lee
» My mother-in-law, 75, has difficulty paying off her $52,000 mortgage and $20,000 HELOC. Should she sell her home — or take out a reverse mortgage?
19/04/24 08:20 from MarketWatch.com - Top Stories – Sponsored by: CyberTrader
“She can barely make her mortgage payment as all her income goes towards the house payment and living expenses.”
» Miners double down on bitcoin halving
19/04/24 08:00 from FT.com - Financial Markets News
Plus, updates on crypto venture capital
» Users say Robinhood’s overnight trading service went down after Israeli attack
19/04/24 07:55 from MarketWatch.com - Top Stories – Sponsored by: CyberTrader
During the height of uncertainty over Israel’s retaliatory attack against Iran, Robinhood users say they were unable to trade.
» ‘I was mentally and emotionally drained’: During my divorce, I made a hasty decision to take early retirement. Can I undo this?
19/04/24 07:50 from MarketWatch.com - Top Stories – Sponsored by: CyberTrader
“I was married to my ex-husband for 13 years. He left me for another woman. I was forced to sell our home.”
» ‘It’s the scene of an unsolved murder’: We put in an offer on a secluded cabin with 40 acres, but someone was killed there. Should we bail?
19/04/24 07:42 from MarketWatch.com - Top Stories – Sponsored by: CyberTrader
“It doesn’t really bother me that someone was killed there. However, what does bother me is the fact that this murder is still unsolved.”
» 3M may be poised to cut its dividend — and break with a 64-year tradition, says analyst
19/04/24 07:37 from MarketWatch.com - Top Stories – Sponsored by: CyberTrader
The company is grappling with legal settlements and a slowdown in growth and margins that are making its dividend difficult to sustain.
» Live: US not involved in latest ‘offensive operations’ in Iran, Blinken says
19/04/24 07:36 from FT.com - Equities
» Apple removes WhatsApp and Threads from China store after order from government: WSJ
19/04/24 07:34 from MarketWatch.com - Top Stories – Sponsored by: CyberTrader
The removal from the app store means Chinese mobile users are unable to download and use it via VPNs, which allow users to get around the country’s firewalls.
» How to Buy Dogecoin on eToro, Step by Step
19/04/24 07:05 from 24/7 Wall St.
Have you been dabbling in cryptocurrency and want to try something a bit more silly and risky? Are all your friends talking about their favorite meme coins and you want to get in on the action? Are you too intimidated to invest in Bitcoi...
» 14 Elon Musk Quotes Every 20 Year Old Needs to Hear
19/04/24 07:05 from 24/7 Wall St.
Contrary to modern popular belief, the accumulation of wealth isn’t a sign of increased intelligence, wisdom, or moral superiority. That being said, people with huge amounts of money will always be the focus of widespread attention. When...
» How to Buy Bitcoin on eToro, Step by Step
19/04/24 07:04 from 24/7 Wall St.
There is no shortage of news (both sensational and factual) about Bitcoin (CRYPTO:BTC). Ever since it achieved mainstream attention, Bitcoin has been at the center of the discourse surrounding blockchain technology, cryptocurrency, crypt...
» Retailer Wayfair Only Has 1 Store
19/04/24 07:02 from 24/7 Wall St.
Online furniture company Wayfair is in trouble, and it is not clear how opening a single store will help it. The post Retailer Wayfair Only Has 1 Store appeared first on 24/7 Wall St. .
» The World Bank’s private capital push
19/04/24 07:00 from FT.com - Financial Markets News
Also in today’s newsletter, a new tax task force kicks off, and the Net-Zero Asset Owner Alliance widens its scope
» This unusual combination signals either booms, bubbles or inflections, says Bank of America
19/04/24 06:45 from MarketWatch.com - Top Stories – Sponsored by: CyberTrader
There’s an unusual combination in markets this year that has happened just five times in the last 60 years.
» New Starbucks Cups Help the Environment
19/04/24 06:35 from 24/7 Wall St.
Starbucks aims to reduce the amount of plastic in its cups by up to 20%, part of an effort to have all customer packaging be reusable, recyclable, or compostable. The post New Starbucks Cups Help the Environment appeared first on 24/7 Wa...
» Fintech finally starts to add up for investors
19/04/24 06:09 from FT.com - Financial Markets News
More firms may be seeking listings in the next year
» Mistral in talks to raise €500mn at €5bn valuation
19/04/24 06:00 from FT.com - IT
One-year-old French start-up approached by multiple investors who view it as Europe’s answer to OpenAI
» Tesla earnings day is around the corner. So far, robotaxis are ‘just a buzzword.’
19/04/24 06:00 from MarketWatch.com - Top Stories – Sponsored by: CyberTrader
Tesla is heading toward its earnings day next week, and there’s plenty for investors to worry about.
» One Potential Key to Knicks’ Season: Friendship
19/04/24 05:04 from NYT > Business Day
Jalen Brunson, Josh Hart and Donte DiVincenzo have been buddies since college, a situation that those who study the workplace say can foster success.
» Can a Brewery Make Good Wine? These Beer Makers Say Yes.
19/04/24 05:04 from NYT > Business Day
In an effort to reach an increasingly diverse customer base, brewers are turning over some of their equipment to producing wine.
» What to Do When Your 401(k) Leaves Something to Be Desired
19/04/24 05:03 from NYT > Business Day
Over the course of a career, the high fees and a lower-quality menu of investment options found in some plans can shrink your balance significantly.
» Try a weekend beach escape to Pensacola: White sand, Blue Angels and blackened redfish
19/04/24 05:01 from MarketWatch.com - Top Stories – Sponsored by: CyberTrader
Opera in your flip-flops, mingling with artists, fresh seafood, white sand beaches, sailing and paddling are the makings of a fabulous Florida vacation.
» Schneider Electric confirms talks with Bentley Systems
19/04/24 04:30 from FT.com - IT
French group says it is looking at a ‘potential strategic transaction’ with US software specialist
» Israel launches retaliatory strikes against Iran
19/04/24 03:39 from FT.com - Financial Markets News
Oil prices jump after limited attacks that were reportedly in response to last week’s drone and missile barrage by Tehran
» Israel downgraded by S&P Global just ahead of retaliatory attack on Iran
19/04/24 03:15 from MarketWatch.com - Top Stories – Sponsored by: CyberTrader
S&P dropped Israel’s sovereign credit rating by one notch to A+ from AA-, with the outlook negative, hours before signs of fresh tensions between that country and Iran.
» Developing country DMOs driving blind
19/04/24 01:49 from FT.com - Financial Markets News
All borrowers are equal, but some . . .
» Regime change is here
19/04/24 01:30 from FT.com - Financial Markets News
In the US economy, and at Unhedged
» How EU leaders fudged a compromise on integration of capital markets
19/04/24 01:00 from FT.com - Financial Markets News
Also in this newsletter: Italy’s Meloni allows anti-abortion campaigners to enter clinics
» Woodside chief defends climate plan ahead of bruising shareholder vote
19/04/24 00:38 from FT.com - Financial Markets News
Australian oil and gas developer pushed to set more binding net zero commitments
» JPMorgan warns of need for ‘reality check’ on phasing out of fossil fuels
19/04/24 00:00 from FT.com - Financial Markets News
US bank says higher interest rates, inflation and global conflict have dented outlook for energy transition
» If you like a company, should you buy its shares?
19/04/24 00:00 from FT.com - Equities
Familiarity bias can work both ways for investors
» UK remains hard to reach for newest EU-domiciled ETF issuers
19/04/24 00:00 from Financial Times - FT Trading Room
Post-Brexit overseas funds regime has yet to be implemented, depriving UK investors of some of latest innovative funds
» Hedge fund pushes for power firm to be excluded from Ukraine debt deal
19/04/24 00:00 from FT.com - Financial Markets News
London-based VR Capital is part of bondholder group that does not want Ukrenergo debt to be part of sovereign restructuring
» EU watchdog warns bloc still needs Russian LNG
19/04/24 00:00 from FT.com - Financial Markets News
Warning comes as Nordic and Baltic countries seek total ban on imports of the fuel from Moscow
» Oil prices jump, U.S. stock futures sink on reports of explosions heard in Iran
18/04/24 23:57 from MarketWatch.com - Top Stories – Sponsored by: CyberTrader
Crude oil prices jumped and U.S. stock futures sank Thursday night following reports of explosions in a city in western Iran, amid fears of a wider conflict between Israel and Iran.
» Legal Fight Over Trump Media’s Ownership Adds to Its Woes
18/04/24 23:39 from NYT > Business Day
Two ex-contestants on “The Apprentice” sold the former president on the idea of a social media platform. Now, the company and the pair are wrangling over their stake.
» Japan’s inflation marks two years above BOJ’s target as meeting looms
18/04/24 22:11 from MarketWatch.com - Top Stories – Sponsored by: CyberTrader
Japan’s consumer inflation has stayed above the Bank of Japan’s 2% target for two years, government data confirmed Friday, amid speculation over further interest-rate increases.
» Nordstrom confirms it’s looking to go private, with founding family interested in deal
18/04/24 20:19 from MarketWatch.com - Top Stories – Sponsored by: CyberTrader
Nordstrom Inc. has formed a special committee of independent directors to explore going private, the company said on Thursday — a move that arrives as clothing retailers struggle with subdued demand and pressure from investors for strong...
» Paramount shares rise after Sony, Apollo reportedly seek to join deal talks
18/04/24 20:02 from MarketWatch.com - Top Stories – Sponsored by: CyberTrader
Shares of Paramount Global were trading higher following a report that Sony’s movie studio division is in talks with Apollo Global Management about joining a bid for Paramount.
» Constellation Brands moves itself further away from cannabis grower Canopy Growth’s business
18/04/24 19:59 from MarketWatch.com - Top Stories – Sponsored by: CyberTrader
Alcoholic-beverage giant Constellation Brands Inc. on Thursday announced a number of moves intended to further wash its hands of the struggling Canadian cannabis producer Canopy Growth Corp., following a multibillion-dollar investment in...
» Jabil’s stock declines as CEO Kenny Wilson goes on paid leave pending an investigation
18/04/24 19:42 from MarketWatch.com - Top Stories – Sponsored by: CyberTrader
The company says the investigation is related to company policies but not financial statements or reporting.
» Netflix profits surge after password-sharing crackdown
18/04/24 19:20 from FT.com - IT
Shares fall after streaming pioneer says it will stop disclosing subscriber numbers and shift focus to viewer engagement
» Here’s how much Netflix’s co-CEOs and other executives made last year
18/04/24 19:09 from MarketWatch.com - Top Stories – Sponsored by: CyberTrader
Greg Peters got a nearly 43% pay bump in 2023 after he was elevated to co-chief executive for nearly all of the year, Netflix Inc.’s latest proxy filing showed.
» How much stock exposure is enough for retirees? These 10 target-date funds offer clues
18/04/24 19:08 from MarketWatch.com - Top Stories – Sponsored by: CyberTrader
Funds pegged to retirement in 2020 still kept a meaningful allocation to the stock market.
» Quarter of UK children aged 5-7 own smartphones, regulator finds
18/04/24 19:00 from FT.com - IT
Ofcom report reinforces online safety concerns as social media apps show significant growth among youngest
» Google streamlines structure to speed up AI efforts
18/04/24 18:51 from FT.com - IT
Teams tackling artificial intelligence models unified under leadership of DeepMind founder Demis Hassabis
» Why Netflix’s big planned change to its earnings reports is a bad sign
18/04/24 18:42 from MarketWatch.com - Top Stories – Sponsored by: CyberTrader
On Wall Street, less disclosure is never a good thing, and Netflix investors should be displeased by a planned reporting change.
» Sony in Talks to Join a Bid to Buy Paramount
18/04/24 18:37 from NYT > Business Day
The company and Apollo Global Management are discussing a joint effort, even as Paramount conducts exclusive merger negotiations with Skydance.
» Chinese Exports Are Threatening Biden’s Industrial Agenda
18/04/24 18:26 from NYT > Business Day
The president is increasingly hitting back with tariffs and other measures meant to restrict imports, raising tensions with Beijing.
» Netflix Added More Than 9 Million Subscribers in First Quarter
18/04/24 18:03 from NYT > Business Day
The company’s revenue was 15 percent higher compared with last year, and it solidified its standing as the entertainment company’s dominant streaming service.
» Frontier Communications is latest company hit by cyberattack
18/04/24 17:28 from MarketWatch.com - Top Stories – Sponsored by: CyberTrader
Frontier’s stock was falling after the disclosure, though the company says the cyber incident is not expected to ‘materially impact’ financials.
» KB Home board authorizes $1 billion stock buyback, raises dividend by 25%
18/04/24 17:21 from MarketWatch.com - Top Stories – Sponsored by: CyberTrader
KB Home’s board has authorized the repurchase of up to $1 billion in shares and raised the company’s quarterly dividend to 25 cents a share from 20 cents.
» A U.S. Senator Just Bought this Tiny Stock – It’s Up 15% Today
18/04/24 16:54 from 24/7 Wall St.
Tommy Tuberville, a Republican Senator from the state of Alabama, disclosed 19 new stock trades on April 15th, and one trade in particular is causing big movements in the underlying stock. Tuberville reported 3 trades in Humacyte (Nasdaq...
» This major bond ETF is getting ‘hammered’ as investors brace for rate-cut delays
18/04/24 16:50 from MarketWatch.com - Top Stories – Sponsored by: CyberTrader
In the bruised bond market, some investors may be tempted by higher yields as questions swirl around when — and whether — the Federal Reserve may start cutting interest rates this year.
» 11 American Companies On the Cutting Edge of Renewable Tech
18/04/24 16:26 from 24/7 Wall St.
Happy Earth Day! In celebration of this planet we call home, we wanted to highlight some of the companies that are pushing technology forward to a sustainable future. Modern society brings modern problems. Problems such as climate change...
» Here’s how to find ‘free’ financial help even if you don’t have $1 million-plus
18/04/24 16:21 from MarketWatch.com - Top Stories – Sponsored by: CyberTrader
The people who need financial help the most often feel like they can’t afford it.
» U.S. Mortgage Rates Jump Above 7% for the First Time This Year
18/04/24 16:20 from NYT > Business Day
Rates on 30-year mortgages — the most common kind among U.S. homeowners — surpassed the 7 percent mark on Thursday, a troublesome sign for an already tight housing market.
» Why Dividend Aristocrat Genuine Parts Soared Today
18/04/24 16:09 from 24/7 Wall St.
In a tight lending environment, older cars are staying on the road for longer. As a result, one way to play the auto sector is through auto parts manufacturers. Many investors who have taken this approach are being rewarded today with a ...
» June Fed rate-hike risk looms as U.S. labor market stays strong
18/04/24 16:09 from MarketWatch.com - Top Stories – Sponsored by: CyberTrader
The once-unthinkable scenario of no interest-rate cuts by the Federal Reserve in 2024 is now giving way to another possibility: a slight chance of a quarter-point rate hike by June.
» Netflix profits surge on strong subscriber growth
18/04/24 16:04 from FT.com - Financial Markets News
» How oil got to $90 a barrel
18/04/24 16:00 from FT.com - Financial Markets News
What’s driving the run-up on oil, and will it stop before $100 a barrel?
» 2-year Treasury yield ends at almost 5% after Fed’s Williams answers question on possible rate hike
18/04/24 15:47 from MarketWatch.com - Top Stories – Sponsored by: CyberTrader
A selloff in U.S. government debt pushed the policy-sensitive 2-year rate to a five-month high on Thursday after a key Federal Reserve official did not rule out the possibility of a rate hike.
» Here is a one-year CD that now pays 5.36% — thanks to the Federal Reserve
18/04/24 15:46 from MarketWatch.com - Top Stories – Sponsored by: CyberTrader
There are safe places to park your money and get a decent return.
» IRA beneficiaries don’t have to take an RMD this year. But here’s why maybe they should.
18/04/24 15:37 from MarketWatch.com - Top Stories – Sponsored by: CyberTrader
Beneficiaries of individual retirement accounts don’t have to take required minimum distributions this year — a responsibility that can normally result in owing more in taxes.
» The lawyer who beat Trump twice stands to make a fortune for doing so
18/04/24 15:17 from MarketWatch.com - Top Stories – Sponsored by: CyberTrader
Roberta Kaplan left a career at the pinnacle of corporate law to pursue cases she deemed to have social importance
» Global oil prices fall for fourth straight session, with demand and Middle East risks in focus
18/04/24 15:03 from MarketWatch.com - Top Stories – Sponsored by: CyberTrader
Global oil prices end lower for a fourth straight day Thursday, while U.S. benchmark crude prices settle with a slight gain.
» Is Social Security Taxable?
18/04/24 15:02 from 24/7 Wall St.
For many Americans, Social Security is a cornerstone of their retirement. It’s designed to provide a steady stream for retirees. In fact, it is the largest source of income for most of those who receive it. However, there’s ...
» These ‘low risk’ investments are on sale — and that’s good news for retirees
18/04/24 14:58 from MarketWatch.com - Top Stories – Sponsored by: CyberTrader
This stampede away from certain assets has created a buyer’s market.
» How a Crypto Compliance Officer Ended Up in a Nigerian Prison
18/04/24 14:36 from NYT > Business Day
Tigran Gambaryan, an American compliance official for the giant cryptocurrency exchange Binance, flew to Nigeria in February for a planned two-day business trip. He hasn’t returned.
» Alaska Air’s stock climbs to 8-month high as quarterly results beat views
18/04/24 14:32 from MarketWatch.com - Top Stories – Sponsored by: CyberTrader
Alaska Air Group has received $162 million in initial cash comp from Boeing over window blowout
» Google Fires 28 Employees Who Protested an Israeli Cloud Contract
18/04/24 14:17 from NYT > Business Day
The dismissals escalated longstanding tensions between company leaders and activist employees opposed to supplying technology to Israel’s government.
» These tips for investing in mutual funds and ETFs can elevate your portfolio
18/04/24 14:17 from MarketWatch.com - Top Stories – Sponsored by: CyberTrader
This week: Retirement planning with target-date funds; fighting inflation with TIPS funds, and tapping into growth trends and buyouts.
» Hipgnosis Agrees to $1.4 Billion Deal to Sell to Concord
18/04/24 14:15 from NYT > Business Day
Hipgnosis, which owns the rights to songs by Justin Bieber and Neil Young, helped kick-start a rush on catalog sales. But its future has been in doubt.
» Stocks are bad at holding early gains lately. Can they avoid this six-year milestone?
18/04/24 13:57 from MarketWatch.com - Top Stories – Sponsored by: CyberTrader
The S&P 500 needs to end higher on Thursday to avoid a four-day streak of opening in the green, but closing in the red.
» This century-old stock-market indicator suggests selloff is far from over
18/04/24 13:46 from MarketWatch.com - Top Stories – Sponsored by: CyberTrader
A stock-market indicator with more than a century of history is flashing a warning for investors, suggesting the selloff that began earlier this month may deepen.
» This coding boot camp offered an alternative to student loans. It was a sham, regulators say.
18/04/24 13:33 from MarketWatch.com - Top Stories – Sponsored by: CyberTrader
The Consumer Financial Protection Bureau found that BloomTech misled prospective students with its income-share agreements.
» Crypto regulation must not prioritise memes over matter
18/04/24 13:25 from FT.com - IT
Lack of clarity in the industry is causing confusion among entrepreneurs
» Hedge fund Brevan Howard cuts 10% of staff amid poor performance
18/04/24 13:17 from FT.com - Financial Markets News
Macro firm shedding around 100 jobs after difficult 2023
» White House ‘carefully monitoring’ gasoline prices to make sure they’re affordable, Biden aide says
18/04/24 13:16 from MarketWatch.com - Top Stories – Sponsored by: CyberTrader
The Biden administration is “carefully monitoring” gasoline prices to ensure their affordability for Americans, a top White House economist said Thursday, as prices have climbed compared to a month ago.
» Ibotta’s stock soars 27% in trading debut after IPO priced a full $4 above price range
18/04/24 12:58 from MarketWatch.com - Top Stories – Sponsored by: CyberTrader
The company allows consumer packaged goods companies to offer promotions to customers through a network of publishers.
» AMC poised for market-share gains, boosted by premium screens and concert movies, Wedbush says
18/04/24 12:57 from MarketWatch.com - Top Stories – Sponsored by: CyberTrader
Movie-theater chain and original meme stock AMC Entertainment Holdings Inc. is well positioned to grow its market share, according to analyst firm Wedbush, pointing to the company’s footprint of large-format screens and the current vogue...
» Question of AI pay-off hangs over Big Tech earnings
18/04/24 12:56 from FT.com - IT
The likely message from the leading companies is: be patient
» AMD’s stock has been ‘in absolute freefall’ — but its earnings could spark a chip-sector rebound
18/04/24 12:56 from MarketWatch.com - Top Stories – Sponsored by: CyberTrader
The chip sector is in a correction. Can earnings results from AMD later this month help improve sentiment?
» The Race to Reroute Goods From Baltimore: Trains, Trucks and Tractors
18/04/24 12:46 from NYT > Business Day
Since the collapse of the Key Bridge, other East Coast ports have absorbed the cargo previously handled in Baltimore, but some parts of the supply chain like trucking are struggling.
» Elevance Health’s quarterly profit tops estimates to offset a revenue shortfall
18/04/24 12:41 from MarketWatch.com - Top Stories – Sponsored by: CyberTrader
The stock was on track for its highest close since Dec. 12, 2022, and its biggest percentage increase since July 14, 2023.
» Woodford was German, just for one day
18/04/24 12:37 from FT.com - Financial Markets News
Vorsprung durch TechNeil
» The corporate world needs to collaborate on cyber risk
18/04/24 12:28 from FT.com - IT
As threats morph, the cultural objections to working with the government must change too
» Three reasons Generation X thinks reality bites when it comes to retirement
18/04/24 12:13 from MarketWatch.com - Top Stories – Sponsored by: CyberTrader
Gen X will start turning 60 next year, and they’re less optimistic than baby boomers about their retirement prospects. Here’s why.
» Countdown Is On for the Bitcoin ‘Halving’
18/04/24 12:11 from NYT > Business Day
Bitcoin aficionados are hoping that a scheduled reduction in the number of new coins going into circulation will cause the price of the cryptocurrency to skyrocket.
» Juice up your S&P 500 fund for higher returns
18/04/24 12:09 from MarketWatch.com - Top Stories – Sponsored by: CyberTrader
What you add to the S&P 500 can spice up your results, for higher returns and possibly lower risks
» ‘He was recently taken to the hospital’: My elderly neighbor gave me power of attorney. Can his estranged daughter object?
18/04/24 12:07 from MarketWatch.com - Top Stories – Sponsored by: CyberTrader
“He and his daughter have not seen each other or spoken to each other in at least three years.”
» Meta unveils less ‘sanctimonious’ AI model as tech rivalry heats up
18/04/24 12:00 from FT.com - IT
Facebook parent claims new Llama 3 takes a fresh step towards human-level intelligence
» Meta, in Its Biggest A.I. Push, Places Smart Assistants Across Its Apps
18/04/24 12:00 from NYT > Business Day
Users of Instagram, Facebook, WhatsApp and Messenger will be able to turn to the new technology, powered by Meta’s latest artificial intelligence model, to obtain information and complete tasks.
» High-speed trader Jane Street raked in $4.4bn at start of 2024
18/04/24 11:57 from FT.com - Financial Markets News
Trading revenue for secretive New York firm rivals sums generated by Wall Street banks
» Why Is Taiwan Semi Tanking Today?
18/04/24 11:49 from 24/7 Wall St.
As chip companies continue to jockey for position in the AI boom, Taiwan Semiconductor (NYSE: TSM) is getting shunned despite handily beating Wall Street’s earnings estimates today. TSM shares have sunk over 5% in early trading to ...
» Wall Street Loves This 8.3% Dividend Stock and So Will Passive Income Investors
18/04/24 11:44 from 24/7 Wall St.
Casual investors often rely on what they hear is popular on Wall Street to choose their own investments. Thinking, “If it’s good enough for them, it’s good enough for me” is a reasonable rationale, and for the most part, it makes sense, ...
» Infosys’ stock falls for a 7th straight day, the longest loss streak in 2 years
18/04/24 11:38 from MarketWatch.com - Top Stories – Sponsored by: CyberTrader
Infosys’s stock continued its selloff Thursday toward a 10-month low, after the India-based information-technology consultant reported fiscal fourth-quarter revenue that missed expectations.
» ‘He’s quit talking to me’: My father, 83, suffers from hoarding disorder and dementia. How can I help him and protect his estate?
18/04/24 11:31 from MarketWatch.com - Top Stories – Sponsored by: CyberTrader
“I want to do what’s right and ethical as his child.”
» These Are the Richest Counties in New York
18/04/24 11:22 from 24/7 Wall St.
No economy has generated as much wealth for as many people as that of the United States. According to the 2023 Global Wealth Report from the Swiss investment bank UBS, most adults worldwide have less than $10,000 in total wealth. Meanwhi...
» Millions of Girls in Africa Will Miss HPV Shots After Merck Production Problem
18/04/24 11:22 from NYT > Business Day
The company has told countries that it can supply only 18.8 million of the 29.6 million doses it was contracted to deliver this year.
» Eight stock picks in AI, obesity drugs, e-commerce and other growth areas beyond the S&P 500
18/04/24 11:17 from MarketWatch.com - Top Stories – Sponsored by: CyberTrader
Nicole Kornitzer of Buffalo Funds explains how she invests in “secular growth trends that can last a number of years.”
» Bill that could lead to TikTok ban gets potential new path to becoming law soon
18/04/24 11:06 from MarketWatch.com - Top Stories – Sponsored by: CyberTrader
The prospects may have improved this week for a bipartisan House bill that could lead to a nationwide ban for TikTok.
» 30 Weapons That See Everyday Use by The US Army Rangers
18/04/24 11:05 from 24/7 Wall St.
U.S. Army Rangers specialize in special operations raids, forcible entry operations and special reconnaissance. Their motto “Rangers lead the way” was established during World War II’s Invasion of Normandy and that resp...
» Citizens Financial is latest lender to tap the bond market a day after earnings
18/04/24 10:59 from MarketWatch.com - Top Stories – Sponsored by: CyberTrader
Regional bank’s most active bond is currently yielding 6.64%
» WiSA sells stock at a more than 60% discount after its recent rocket ride
18/04/24 10:57 from MarketWatch.com - Top Stories – Sponsored by: CyberTrader
WiSA Technologies’ stock was among the biggest decliners listed on the Nasdaq, but that registered as only a minor pullback following a fivefold rocket ride over the previous two sessions.
» Home sales get hammered by higher mortgage rates, but one region is holding up
18/04/24 10:54 from MarketWatch.com - Top Stories – Sponsored by: CyberTrader
Existing-home sales fell to a rate of 4.19 million in March, the National Association of Realtors said.
» Biden Calls for Tariffs on Chinese Steel in Pittsburgh Pitch, Vying With Trump for Votes
18/04/24 10:49 from NYT > Business Day
Speaking to the United Steelworkers union in Pittsburgh, the president urged major increases to some tariffs on steel and aluminum products from China.
» These Are the Richest Counties in New Jersey
18/04/24 10:42 from 24/7 Wall St.
No economy has generated as much wealth for as many people as that of the United States. According to the 2023 Global Wealth Report from the Swiss investment bank UBS, most adults worldwide have less than $10,000 in total wealth. Meanwhi...
» Can you negotiate severance if you’re laid off? It’s possible — and it’s the ‘No. 1 thing’ most workers leave on the table.
18/04/24 10:28 from MarketWatch.com - Top Stories – Sponsored by: CyberTrader
Elon Musk apologized for “incorrectly low” severance packages in the latest Tesla layoffs. Here’s one way to protect yourself from future job cuts.
» Leading index for U.S. economy retreats again after first increase in two years
18/04/24 10:23 from MarketWatch.com - Top Stories – Sponsored by: CyberTrader
The leading indicators for the U.S. economy fell in March, just a month after posting the first increase in two years, but there’s little sign that growth is slackening.
» U.S. slaps new sanctions on Iran over Israel attack
18/04/24 10:16 from MarketWatch.com - Top Stories – Sponsored by: CyberTrader
The Biden administration on Thursday slapped new sanctions on people and entities associated with Iran’s drone program in response to Tehran’s attack on Israel on April 13.
» Spanish beauty group Puig aims for €14bn IPO
18/04/24 10:13 from FT.com - Financial Markets News
Family-owned company looking to sell up to 24% of its share capital
» Fed’s Williams says he doesn’t feel ‘urgency’ to cut rates
18/04/24 10:07 from MarketWatch.com - Top Stories – Sponsored by: CyberTrader
The Federal Reserve’s benchmark interest rate is in a “good place,” moving inflation down, and there is no need to rush to push it lower, New York Fed President John Williams said Thursday.
» The 30 Countries With The Highest Birth Rates
18/04/24 09:55 from 24/7 Wall St.
Since the mid-twentieth century, the global fertility rate has fallen by over 50%. In many countries — including Italy, Japan, Spain, and the United States — birth rates have decreased so much that population decline is immin...
» Biden has canceled $153 billion in student debt. Younger borrowers haven’t felt it.
18/04/24 09:50 from MarketWatch.com - Top Stories – Sponsored by: CyberTrader
The White House’s new student-loan-relief plan has the potential to reach more millennial and Gen Z borrowers. Is it enough to convince them Biden is transforming the system?
» This chart shows the ‘dangerous’ stock market risk Baby Boomers could be facing
18/04/24 09:47 from MarketWatch.com - Top Stories – Sponsored by: CyberTrader
The view that markets always go up over time, is a dangerous one, especially for older investors, says Andrew Adams, strategist at Saut Strategy.
» The stars may be aligning for a repeat of last August’s stock selloff, warns JPMorgan
18/04/24 09:45 from MarketWatch.com - Top Stories – Sponsored by: CyberTrader
Investors dismissed a march higher in bond yields last year. That didn’t turn out so well, says JPMorgan.
» How much money should you keep in your checking account? This 23-year-old TikToker would ‘panic’ if her balance fell below $4,000.
18/04/24 09:42 from MarketWatch.com - Top Stories – Sponsored by: CyberTrader
There are downsides to keeping too much in a checking account, experts say.
» Amundi heads west in bid to be Europe’s BlackRock
18/04/24 09:38 from FT.com - Financial Markets News
Victory Capital deal will nearly triple US assets under management
» Tesla’s stock gets downgraded as this ‘potentially painful transition’ looms
18/04/24 09:38 from MarketWatch.com - Top Stories – Sponsored by: CyberTrader
Tesla shares could see a “potentially painful transition” in their ownership base as the company doubles down on autonomy, an analyst warns.
» I bought an air fryer from Costco. Should I now buy gold?
18/04/24 09:26 from MarketWatch.com - Top Stories – Sponsored by: CyberTrader
The warehouse chain has done a brisk business selling the precious metal.
» TSMC profits rise on AI boom, but company lowers industry sales outlook
18/04/24 09:13 from MarketWatch.com - Top Stories – Sponsored by: CyberTrader
The Taiwanese chipmaker beat analysts’ forecasts following a surge in demand for its most advanced 3nm chips
» Jobless claims flat at 212,000 and still show no sign of rising layoffs
18/04/24 09:06 from MarketWatch.com - Top Stories – Sponsored by: CyberTrader
The number of Americans who applied for unemployment benefits last week was unchanged at 212,000, reflecting a surprisingly resilient labor market in which layoffs and unemployment are very low.
» CSX ‘solid and steady’ despite Baltimore bridge collapse, say analysts
18/04/24 09:00 from MarketWatch.com - Top Stories – Sponsored by: CyberTrader
CSX Corp. is taking a sales hit of up to $30 million a month following the Baltimore bridge collapse, although analysts still see plenty of positives in the railroad operator’s first-quarter results, which it reported late Wednesday.
» Vertex’s stock climbs as non-opioid pain treatment advances
18/04/24 08:59 from MarketWatch.com - Top Stories – Sponsored by: CyberTrader
Vertex Pharmaceuticals shares gained ground early Thursday after the company signaled progress in the development of its experimental non-opioid pain treatment.
» This Is the Most Legendary Medal of Honor Winner in Every State
18/04/24 08:58 from 24/7 Wall St.
The highest military distinction awarded in the US military is the Medal of Honor. The President of the United States presents this to soldiers who distinguished themselves through acts of bravery, courage, sacrifice, and integrity and g...
» The AI race is generating a dual reality
18/04/24 08:53 from FT.com - IT
US tech giants may dominate but they won’t have it all their own way
» Philly Fed factory gauge jumps to highest level in two years in April
18/04/24 08:52 from MarketWatch.com - Top Stories – Sponsored by: CyberTrader
The Philadelphia Fed said Thursday its gauge of regional business activity jumped to 15.5 in April, from 3.2 in the prior month.
» Cocoa hits record high as global shortage worsens in first quarter
18/04/24 08:37 from FT.com - Financial Markets News
London futures prices near £10,000 a tonne as poor west African harvests hit supplies
» Pemex chief rejects criticisms of debt-laden oil group
18/04/24 08:30 from FT.com - Financial Markets News
CEO hits back at rating agencies and investors for calling the Mexican state company a ‘bottomless barrel’ and ‘bankrupt’
» Tesla shareholders shouldn’t be fooled again on Elon Musk’s pay package
18/04/24 08:21 from MarketWatch.com - Top Stories – Sponsored by: CyberTrader
Tesla Inc. shareholders have the opportunity to send a message to Chief Executive Elon Musk and his compromised board of directors by voting against Musk’s self-designed pay package.
» Congress Ramps Up the Pressure on TikTok
18/04/24 07:57 from NYT > Business Day
A legislative maneuver in the House may help an effort to force the divestment of the video platform by its Chinese owner, which would squeeze U.S. investors.
» Two senior women leave BP in first big shake-up since Looney’s exit
18/04/24 07:50 from FT.com - Financial Markets News
Departures reduce the number of women on leadership team at oil major
» D.R. Horton’s stock rallies as limited home supply boosts profit and sales
18/04/24 07:20 from MarketWatch.com - Top Stories – Sponsored by: CyberTrader
D.R. Horton’s stock rallied Thursday, after the home builder reported quarterly earnings that rose well above expectations, as the continued lack of housing supply helped boost sales.
» U.S. unemployment would be higher if illegal immigration was properly counted, Goldman Sachs estimates
18/04/24 07:09 from MarketWatch.com - Top Stories – Sponsored by: CyberTrader
The unemployment rate would be higher if the full impact of immigration, much of it illegal, was included, according to a new report from Goldman Sachs economists.
» TSMC plans to charge customers more for chips made outside Taiwan
18/04/24 07:07 from FT.com - IT
World’s largest chipmaker says ‘incremental cost’ of setting up plants abroad should be shared
» Buy eBay and short Etsy, says Morgan Stanley in call on $1.1 trillion e-commerce market
18/04/24 07:05 from MarketWatch.com - Top Stories – Sponsored by: CyberTrader
Morgan Stanley says investors should buy eBay and short Etsy in a call on the $1.1 trillion U.S. e-commerce market.
» Why oil prices remain steady even as Middle East tensions escalate
18/04/24 07:00 from FT.com - Financial Markets News
All eyes are on the oil market as traders anxiously await Israel’s response to Iran’s attack over the weekend
» Tesla to lay off 14% of its Buffalo workforce as part of large-scale job cuts
18/04/24 06:59 from MarketWatch.com - Top Stories – Sponsored by: CyberTrader
Tesla Inc. will lay off 285 workers at two plants in Buffalo, New York, or 14% of the total workforce of 2,032 workers, the EV maker said in an official notice late Wednesday.
» Markets Still Love Google’s Business
18/04/24 06:49 from 24/7 Wall St.
Worries about the digital advertising market have not put investors off the stock of Google's parent, which has outperformed the S&P 500. The post Markets Still Love Google’s Business appeared first on 24/7 Wall St. .
» ‘I consider myself blessed’: I’m 67, frugal and use washable toilet paper. Am I allowed to save or invest if I’m on Medicaid?
18/04/24 06:48 from MarketWatch.com - Top Stories – Sponsored by: CyberTrader
“I worked hard for over 40 years, but never at very well-paying jobs.”
» 23andMe May Disappear as Public Stock
18/04/24 06:24 from 24/7 Wall St.
23andMe shares have been driven down to penny stock levels, and its CEO wants to take the company private before it runs out of money. The post 23andMe May Disappear as Public Stock appeared first on 24/7 Wall St. .
» ‘She doesn’t like to rock the boat’: My mother will spend millions taking care of my aging stepfather. What can I do?
18/04/24 06:16 from MarketWatch.com - Top Stories – Sponsored by: CyberTrader
“It has been stated that he is not leaving my mom anything and that all his money will go to his kids.”
» TikTok’s Origin Story: Court Files Show Role of GOP Megadonor Jeff Yass
18/04/24 06:12 from NYT > Business Day
Court records, mistakenly made public, tell a story about the birth of ByteDance, its bumpy road to success and the role of the Republican megadonor Jeff Yass’s firm.
» Huawei’s latest surprise and an unexpected avatar
18/04/24 06:03 from FT.com - IT
The inside story on the Asia tech trends that matter, from Nikkei Asia and the Financial Times
» Panama’s boom years fade as election looms
18/04/24 06:00 from FT.com - Financial Markets News
After forced closure of copper mine, next president will inherit country’s biggest economic challenge in decades
» Nokia says it expects rebound in second half of 2024 following 19% drop in first quarter sales
18/04/24 05:48 from MarketWatch.com - Top Stories – Sponsored by: CyberTrader
The Finnish telecoms company said a slump in infrastructure spending in the U.S. and India hit its first quarter revenue
» Word up!
18/04/24 05:36 from FT.com - Financial Markets News
Everybody say, when you hear the [sellside] call / You got to get it [investment] underway
» Truth Social Has an Edge as Rival Right-Wing Apps Falter
18/04/24 05:05 from NYT > Business Day
Donald Trump’s social media platform has outdistanced similar conservative sites such as Parler and Gettr, even as it lags far behind X and others.
» This simple fact about a car on a dealer’s lot can give you negotiating power
18/04/24 05:02 from MarketWatch.com - Top Stories – Sponsored by: CyberTrader
It’s a tactic even savvy car shoppers sometimes overlook, and it can help you get a better price.
» Takeaways From a Trove of ByteDance Records
18/04/24 05:01 from NYT > Business Day
The records briefly surfaced in a lawsuit involving the Republican megadonor Jeff Yass’s firm.
» The 12 best cars and SUVs for shorter people
18/04/24 05:00 from MarketWatch.com - Top Stories – Sponsored by: CyberTrader
We assembled a list of features we find helpful in overcoming height limitations, and the vehicles that do it best.
» On Himalayan Hillsides Grows Japan’s Cold, Hard Cash
18/04/24 04:30 from NYT > Business Day
A shrub in impoverished Nepal now supplies the raw material for the bank notes used in Asia’s most sophisticated financial system.
» US, Japan and South Korea seek to limit dollar’s rise
18/04/24 04:23 from FT.com - Financial Markets News
Tokyo and Seoul voice ‘serious concerns’ after currencies hit by shift in interest rate expectations
» Neil Woodford says he is ‘neither hero nor villain’
18/04/24 04:12 from FT.com - Financial Markets News
Former star fund manager says downfall of his investment firm will ‘always weigh heavily’ on him
» Blurred [sovereign debt restructuring] lines
18/04/24 03:02 from FT.com - Financial Markets News
Would an official sector creditor by any other name be treated as sweetly?
» Taking Account of Rising Health Care Costs
18/04/24 03:00 from NYT > Business Day
Have your out-of-network insurance bills skyrocketed? Chris Hamby, an investigative reporter for The Times, may have an explanation.
» The company that lost 99% of its value now has an explanation — a margin call
18/04/24 02:47 from MarketWatch.com - Top Stories – Sponsored by: CyberTrader
China Tianrui Group Cement last week saw its stock drop 99%, and then didn’t tell investors why for more than a week.
» Are higher rates inflationary?
18/04/24 01:30 from FT.com - Equities
And the death of the stock size factor
» E.V. Sales Are Slowing. Tesla’s Are Slumping.
18/04/24 00:04 from NYT > Business Day
More competition and flagging demand for electric vehicles has led to declining sales at Tesla.
» How Sweden’s stock market became the envy of Europe
18/04/24 00:00 from FT.com - Equities
Deep pool of retail and institutional investors has helped Stockholm defy continent’s capital markets gloom
» The dollar would survive Trump turning currency warrior
18/04/24 00:00 from FT.com - Financial Markets News
The greenback’s global role has endured shocks from without and within
» Iran oil exports hit 6-year high as west prepares sanctions
18/04/24 00:00 from FT.com - Financial Markets News
Surge in crude sales to China exposes limits of US and EU attempts to rein in Islamic republic
» Crypto miners hoard bitcoin to withstand impact of ‘halving’
18/04/24 00:00 from FT.com - Financial Markets News
Digital assets market prepares for 50% drop in reward for verifying bitcoin transactions
» CEO Anne Wojcicki looking to take 23andMe private
17/04/24 23:07 from MarketWatch.com - Top Stories – Sponsored by: CyberTrader
23andMe Chief Executive Anne Wojcicki is looking to take the beleaguered DNA-testing company private, less than three years after it went public.
» Oracle to invest $8 billion in Japan to meet growing AI, cloud demand
17/04/24 22:25 from MarketWatch.com - Top Stories – Sponsored by: CyberTrader
Oracle Corp. plans to invest more than $8 billion in Japan over the next decade to meet growing demand for AI and cloud infrastructure.
» TikTok Bill to Be Bundled With Aid to Ukraine and Israel, House Speaker Indicates
17/04/24 22:18 from NYT > Business Day
A new measure attempts to force the Senate’s hand on passing legislation to ban TikTok or mandate the app’s sale.
» What a TikTok Ban Would Mean for the U.S. Defense of an Open Internet
17/04/24 21:40 from NYT > Business Day
Global digital rights advocates are watching to see if Congress acts, worried that other countries could follow suit with app bans of their own.
» Why Globe Life Stock Soared Today
17/04/24 20:55 from 24/7 Wall St.
Insurance might seem like a boring sector to bet on, but one company is proving that theory wrong of late. Investors piled into Globe Life (NYSE: GL) today, sending shares soaring by nearly 6% to back above the $60 threshold in a much-ne...
» CSX says Baltimore port closures will cost it up to $30 million in monthly sales following bridge collapse
17/04/24 20:52 from MarketWatch.com - Top Stories – Sponsored by: CyberTrader
CSX shares were up in extended trading Wednesday after the railroad operator reported better-than-expected first-quarter profits.
» Equifax stock falls as company says it’s feeling effect of weaker mortgage demand
17/04/24 20:52 from MarketWatch.com - Top Stories – Sponsored by: CyberTrader
Shares of Equifax fell after hours on Wednesday after the credit-scoring giant reported first-quarter revenue that missed expectations and said it expected a continued drop in mortgage inquiries this year, as the housing market stalls ou...
» Google lays off more employees, will move some jobs overseas as part of continuing cost cuts
17/04/24 20:47 from MarketWatch.com - Top Stories – Sponsored by: CyberTrader
Google announced a new round of layoffs Wednesday, and said it will move some jobs overseas.