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The world's largest brewer said it will sell its noncontrolling interest in its Russian joint venture, following the exit from Russia by other large brewers in response to Russia's war in Ukraine.
The Dow Jones rallied after the latest Fed Minutes were released. Tesla stock fell even as a rival EV play soared. Apple stock popped.
Yahoo Finance Live's Jared Blikre looks at GameStop's stock ahead of its four-for-one stock split on July 22nd.
The tech billionaire keeps plowing millions into this asset class.
Anyone positioning their portfolio for a recession could be making a big mistake.
Yahoo Finance's Pras Subramanian explains why Tesla is slowing production in July.
KELLEY BLUE BOOK New car owners are experiencing more problems in the first 90 days of ownership than ever before. Buick took the top spot in the 2022 J.D. Power Initial Quality Study, but the headline isn’t the winner this year.
Now that we’re into the second half of 2022, with the Independence Day holiday behind us, we can take stock of the changes that the last six months have brought. And those changes have been dramatic. As this year got started, the S&P 500 was coming off of a 27% annual gain. Today, the index is down 20%, putting it into a bear market. The losses have been broad-based, and have left many otherwise sound equities languishing at low prices. It’s a circumstance that has a lot of unhappy investors won
Close to 12,000 fewer homes sold in April and May compared to the pre-pandemic average.
Stocks are set to veer south post holiday, following earlier optimism over reports President Joe Biden may lower tariffs on some Chinese goods to help ease the inflation sting. There isn’t much to explain the moodiness of stocks, which logged gains on Friday, but weekly losses on worries about a recession spurred on by rising U.S. interest rates. In the U.S., mortgage applications are down 28% from their peak, new home sales are off 17% and housing starts down 13%.
The uber-wealthy investor is thrifty with everything from his breakfast to his house.
U.S. stocks end with modest gains Wednesday after minutes of the Federal Reserve’s June policy meeting signaled another big rate-hike on tap this month to help cool inflation.
The economy is rocky, but high-net-worth individuals aren't worried.
The major indexes rose slightly as Fed minutes held few surprises. Megacap stocks reclaimed key levels. These two Tesla rivals are in buy zones.
Yahoo Finance Live looks at several of today's top-trending stocks, including Inspira's new non-invasive blood sensor medical device and Peloton's leadership tactics to boost the brand's morale.
Rising home values can quickly transition a reasonable housing market into the type of real estate monster that has consumed places like the San Francisco Bay Area, Los Angeles and New York. While the...
(Bloomberg) -- By 2:08 p.m. Shanghai time on March 8, it was clear that Xiang Guangda’s giant bet on a fall in nickel prices was going spectacularly wrong.Most Read from BloombergNatural Gas Soars 700%, Becoming Driving Force in the New Cold WarRoaring US Rental Market Shows Early Signs of Slowing DownUS, Allies Discuss Capping Russian Oil at $40-$60 a Barrel to Cut War FinancingCiti Says Oil May Collapse to $65 by the Year-End on RecessionWall Street Says a Recession Is Coming. Consumers Say It
IRA rollovers are common, whether they’re from an old 401(k) or just one account to another, but a newly implemented Department of Labor rule says financial advisers suggesting the move have some explaining to do. Retirement Tip of the Week: If you work with a financial adviser and they are suggesting you do an IRA rollover, a rule made effective July 1 says the reason must be in writing. Make sure you get that document, for your sake as well as your adviser’s.
Welcome Back to Found, the TechCrunch podcast where we get the stories behind the startups. It’s rare we get to speak to someone who has been working at their company for 19 years so this conversation with Matt Mullenweg of Automattic and WordPress feels a little special. Now WordPress is pretty much ubiquitous in the digital publishing world.
A deal, potentially worth $40 billion or more, would help Merck broaden its lineup of cancer drugs, currently led by Keytruda.
HOUSTON (Reuters) -More than 5 million barrels of oil that were part of a historic U.S. emergency reserves release to lower domestic fuel prices were exported to Europe and Asia last month, according to data and sources, even as U.S. gasoline and diesel prices hit record highs. The export of crude and fuel is blunting the impact of the moves by U.S. President Joe Biden to lower record pump prices. Biden on Saturday renewed a call for gasoline suppliers to cut their prices, drawing criticism from Amazon founder Jeff Bezos.
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