Dow Jones Slides 325 Points After Jobless Claims; PacWest Crashes 49% On Possible Sale; Apple Earnings Due
The Dow Jones dropped 325 points Thursday on rising weekly jobless claims. Regional bank PacWest shares crashed 49% on a possible sale.
The Dow Jones dropped 325 points Thursday on rising weekly jobless claims. Regional bank PacWest shares crashed 49% on a possible sale.
CS Disco CEO, Kiwi Camara, has been ousted after allegedly groping a young female worker and shoving meat into her face.
Net worth is the difference between your assets – what you own – and your liabilities – what you owe. This figure represents your financial health at a given point in time, providing a snapshot of your current financial position. But understanding the distinction between average net worth and median net worth is crucial when […] The post Average vs. Median Net Worth appeared first on SmartReads by SmartAsset.
A bladder cancer treatment combo tied to a quartet of companies — including Seagen — succeeded in a study on Friday, leading SGEN stock to surge.
In a big shift, anyone who took in more than $600 a year from reselling tickets could be in for a tax surprise.
Overall, this year has seen a solid turnaround from last year’s losses. The S&P 500 and the NASDAQ are both showing year-to-date gains, of 16% and 27% respectively. That holds, even as the last few weeks have been disappointing; the S&P is down ~4% this month, and the NASDAQ is down 6%. One thing is clear: tech stocks powered the year’s gains, riding high on the surge of interest in artificial intelligence tech, AI, which burst into prominence with ChatGPT’s release last November. AI has transfo
Discover how Warren Buffett spends his multibillion-dollar fortune and amassed his $134 billion net worth, which grew by over $16 billion this year.
UAW president Shawn Fain announced the union was expanding its "stand up" strikes but skipping action against Ford.
(Bloomberg) -- Hedge fund billionaire John Paulson used a sham purchase of a luxury penthouse apartment in Puerto Rico to improperly enrich himself by $10 million at the expense of his family trust, his wife claims in a suit accusing him of hiding billions of dollars in assets during their divorce.Most Read from BloombergEx-Goldman Bankers Make a Fortune With Controversial Bet on CoalIndia Suspends Visas, Canada Pulls Diplomats Amid TensionsChina’s Ultra-Rich Gen Zs Flock Home as Global Tensions
Investors need to pay close attention to Hertz Global (HTZ) stock based on the movements in the options market lately.
Media magnate Rupert Murdoch on Monday announced that he would be stepping down as the leader of both Fox News' parent company and his News Corp media holdings — with his son, Lachlan, set to take his place. Through his decades-long career, Murdoch, 92, built an empire — beginning with his father's newspaper in Adelaide, Australia — and became a multibillionaire. In the U.S., his creation of Fox News has notably influenced American politics, making Murdoch a hero to some and pariah to others.
Investors should watch the $260 level for the EV maker's share price. A close below that could mean additional declines.
Baby boomers' stocks and houses gained value for years due to low interest rates, and now they can earn 5% from Treasury bills, Larry McDonald said.
Who says higher interest rates are bad for S&P 500 stocks? A select group is thriving even as the Federal Reserve hikes.
Walgreens Boots Alliance (WBA) closed the most recent trading day at $21.45, moving -1.79% from the previous trading session.
Boeing (BA) closed the most recent trading day at $199.95, moving -1.2% from the previous trading session.
Two long-delayed refineries outside the U.S. are set to ramp up production, pumping out about 1 million more barrels a day of fuel.
Several factors can shrink your monthly Social Security benefits payment. Here are three of the most common.
A U.S. judge on Thursday restricted Sam Bankman-Fried's ability to call expert witnesses to testify at his criminal fraud trial, in a blow to the FTX cryptocurrency exchange founder. Bankman-Fried wanted to call seven experts on topics such as cryptocurrency markets and English contracts, to convince jurors to acquit him of stealing billions of dollars in FTX customer funds to plug losses at his Alameda Research hedge fund. But in a written order, U.S. District Judge Lewis Kaplan said three proposed witnesses cannot take the stand, because their testimony was irrelevant or could confuse the jury.
In recent years, the online content subscription platform OnlyFans has seen a meteoric rise in popularity, transforming the way creators monetize their content and, in the process, creating a new generation of high earners and millionaires. With fortunes made in a matter of months, many of these content creators are now seeking savvy investment opportunities to grow and secure their wealth. In this article, we’ll explore where these OnlyFans stars are choosing to invest their money, including re
Utilities have been staggered by rising bond yields and interest rates. Now we’re closer to the end of that regime than the beginning.