The debt crisis is here, Nouriel Roubini says. Expect central banks to wimp out in their fight against inflation as financial distress deepens
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Qualifying Californians will receive relief payments via direct deposit or debit card starting this Friday.
Former President Donald Trump on Monday sued CNN, seeking $475 million in damages, saying the network had defamed him in an effort to short-circuit any future political campaign.
Berkshire Hathaway Vice Chairman Greg Abel, the likely successor to CEO Warren Buffett, bought about $68 million of the company’s shares last Thursday in what appears to be his first purchases of Berkshire stock since he assumed the position in 2018. In several Form 4 filings Monday with the Securities and Exchange Commission, Abel disclosed that he purchased 168 Berkshire Hathaway (ticker: BRK/A, BRK/B) Class A shares through the Gregory Abel Revocable Trust on behalf of his wife, children, and other family members. Abel paid in a range of roughly $405,000 to $408,000 per class A share for the Berkshire stock, which closed Monday at $413,300, up 1.7% on the session.
Yahoo Finance Live anchor Seana Smith looks at several trending stocks in the after-hours trading session.
(Bloomberg) -- After a furious spate of retail selling unseen since December 2018 and beaten-down risk appetite, all the ingredients were in place heading into the big stock rebound Monday.Most Read from BloombergElon Musk Sets Off Uproar in Ukraine by Tweeting His ‘Peace’ PlanTrump Asks to Push Special Master Appeal Hearing to JanuaryNorth Korea Fires Missile Over Japan for First Time Since 2017Stocks Rise From the Ashes in Best Day Since July: Markets WrapCredit Suisse Turmoil Deepens With Rec
Starting in 2020, cruise ships were the site of massive COVID-19 outbreaks. With its cruise ships parked and annual revenue falling to as low as $1.9 billion in 2021 (from $20.8 billion in 2019), Carnival sold 19 ships, tapped debt markets, and turned to equity dilution to raise the capital it needed to survive the crisis.
These supercharged income stocks, with yields ranging from 8% to 9.3%, are ripe for the picking by opportunistic investors.
Tesla shares are getting hammered after weaker-than-expected third-quarter delivery numbers. The reason isn't 'cars in transit.'
Buy and hold forever? Not always.
Dow Jones futures were little changed ahead of Tuesday's open. A new stock market rally attempt started Monday, as the Dow Jones industrials surged.
'I’m about as bearish as I’ve been since 2008,' says Hedgeye's Keith McCullough. He's steering investors to cash, gold and other defensive plays.
How does the Fed affect the rest of us? Here's an explainer, and when to expect lower prices for groceries, possibly higher unemployment, and what you can do for now
There's no guarantee these Buffett stocks will take off. But the chances appear to be pretty good.
Only about one in four retirees has not experienced any kind of shock event in retirement, according to a study from the Society of Actuaries. “With retired clients, one of the bigger items that we talk about is how many months of distributions we want to set aside for extra money for unforeseen, or irregular expenses,” said Peter T. Palion, certified financial planner and president of Master Plan Advisory in East Norwich, New York. This is one of the most unforeseen expenditures in retirement, and includes the medical needs of a spouse, parent, child or grandchild, says Spencer Betts, a certified financial planner, chief compliance officer and financial consultant at Bickling Financial in Lexington, Massachusetts.
Over the weekend, the South American nation held the first round of its 2022 presidential election, and former President Luiz Inacio Lula da Silva was ahead in the polling -- and investors are cheering. As of 10:45 a.m. ET Monday, shares of Brazilian oil giant Petroleo Brasileiro (NYSE: PBR) (NYSE: PBR.A) (aka Petrobras) were up 12.4%, while electric and gas utility Companhia Energetica de Minas Gerais (NYSE: CIG) had gained 14.6%, and water utility Companhia de Saneamento Basico do Estado de Sao Paulo (NYSE: SBS) (aka "Sabesp") was leading the whole Brazilian stock market higher with a 22.5% gain.
Wealthy nations’ rapid series of interest rate hikes could spark a global recession.
(Bloomberg) -- A rally in global markets extended into a second day, lifting US index futures and European stocks, as investors wagered central banks will have to slow the pace of monetary tightening.Most Read from BloombergElon Musk Sets Off Uproar in Ukraine by Tweeting His ‘Peace’ PlanNorth Korea Fires Missile Over Japan for First Time Since 2017Trump Asks to Push Special Master Appeal Hearing to JanuaryStocks Rise From the Ashes in Best Day Since July: Markets WrapCredit Suisse Turmoil Deepe
(Bloomberg) -- This story was originally published on July 30. On Monday, Elon Musk infuriated Ukrainians when he suggested that the country seek a negotiated solution to the invasion by Russia and cede Crimea for good.Most Read from BloombergElon Musk Sets Off Uproar in Ukraine by Tweeting His ‘Peace’ PlanNorth Korea Fires Missile Over Japan for First Time Since 2017Trump Asks to Push Special Master Appeal Hearing to JanuaryStocks Rise From the Ashes in Best Day Since July: Markets WrapCredit S