AEG Verdict `Scathing Defeat` for Katherine Jackson; Jurors Speak Out
After five months of testimony in the Michael Jackson wrongful death trial, a jury found Wednesday that AEG Live was not responsible for the singer`s death.
After five months of testimony in the Michael Jackson wrongful death trial, a jury found Wednesday that AEG Live was not responsible for the singer`s death.
“She flipped the title on his car, sold all his furniture and told us that our dad didn’t leave me or my sister anything.”
In the realm of stock market indicators, the Buffett Indicator stands out, especially when it flashes red. Named after Warren Buffett, the CEO of Berkshire Hathaway Inc. and a figure synonymous with investing acumen, the indicator compares the total market capitalization of all actively traded U.S. stocks to the latest estimate of quarterly gross domestic product (GDP). Buffett, in a 2001 Fortune magazine article shared by CNN Money, described it as “probably the best single measure of where val
Federal Reserve chair Jerome Powell may offer his take later this morning for updated core PCE inflation data.
WASHINGTON (Reuters) -U.S. prices increased less than expected in February, with the cost of services outside housing and energy slowing significantly, keeping a June interest rate cut from the Federal Reserve on the table. The United States continues to outperform its global peers despite higher borrowing costs, thanks to persistent labor market strength. "Core services inflation is slowing and will likely continue throughout the year," said Jeffrey Roach, chief economist at LPL Financial in Charlotte, North Carolina.
These stocks have all performed well and have many similar characteristics that can provide lessons for other investors.
“She worked for 25-plus years as a county nurse and, as such, she has a healthcare plan and a great pension, both for life.”
Stock-market investors get a key piece of economic data on Good Friday, but won’t be able to trade on it.
The super-successful hedge fund manager likes several AI stocks.
The final split-up happens soon, and it could create two profitable stand-alone companies.
Trump Media & Technology Group soared as much as 14% on Wednesday.
Should you go with the tobacco giant, the struggling healthcare REIT, or neither?
Nvidia just posted benchmark results for several of its AI chips, including the H100, H200, and Grace-Hopper Superchip GH200.
Owning shares of an industry-leading enterprise with numerous positive attributes seems like a no-brainer decision.
Wood is sounding the alarm on Nvidia following its meteoric rise.
Cathie Wood just increased her long-term price target for Bitcoin by a mind-boggling amount.
Federal Reserve Chair Jerome Powell on Friday will update his views on U.S. inflation and the economy following the release of data showing price increases running faster than the central bank chief last week anticipated. Government data showed the personal consumption expenditures price index increased at a 2.5% annual rate in February, up from 2.4% the month before. Notably the number excluding volatile food and energy prices rose 0.3% on a month to month basis, counter to Powell's expectation last week that the figure would be "well below" 0.3% and remain in line with the Fed's outlook for inflation to continue slowing to the Fed's 2% target.
Berkshire Hathaway should collect in the neighborhood of $6 billion in dividend income this year. Five core holdings will account for the lion's share of these payouts.
SBF's legal team claimed FTX customers suffered "zero" losses when the crypto exchange collapsed. The judge rejected the argument "entirely."
Trump Media reported revenue of $3.4 million and a loss of $49 million during the first nine months of 2023, and received a $300 million cash infusion as part of its listing via a merger with a special-purpose acquisition vehicle, or SPAC. The company’s price-to-sales valuation far outstrips even the buzziest of its social-media peers such as Reddit and Facebook and Instagram parent Meta Platforms So far, no Wall Street analysts have put a rating or target price on Trump Media stock, according to FactSet.
NextEra Energy, Duke Energy, and Black Hills Corporation are all offering historically attractive dividend yields today.