We Have to Learn to Live With Covid: NYC Mayor Adams
New York City Mayor Eric Adams, a Democrat who just took office on January 1, talks about how his administration will handle Covid-19, education and fighting crime. He's on "Balance of Power."
This super investor is going against the herd. Maybe you should, too.
"Are you kidding me?!" Vergara's former co-star Sarah Hyland reacted to the racy shot.
(Reuters) -Brazil's right-wing president Jair Bolsonaro fired the chief executive of oil producer Petrobras - the second in two months - after the company refused to sell fuels at a discount to consumers warning it would lead to diesel shortages. Bolsonaro also called for the election of a new board, according to a statement released close to midnight local time on Monday by the state-controlled company, opening the way to a full executive management shake-up. José Mauro Ferreira Coelho is the third Petrobras CEO fired by Bolsonaro over fuel prices.
Last week, the S&P 500 finished Friday’s session with a rally that gave the index a small gain of 0.15% for the day. It was a good thing, too, since the index flirted with a net-20% loss during the session. That’s bear market territory, the kind of market move that will further spook investors after a springtime of headwinds. Inflation is running at 40-year high levels, Q1 showed a net economic contraction, Russia’s war on Ukraine promises to further damage supplies and prices in the food, cooki
Here's what to watch in the markets on Tuesday, May 24, 2022.
Since the curtains opened on 2022, the iconic Dow Jones Industrial Average, benchmark S&P 500, and growth-focused Nasdaq Composite, have respective fallen by 14%, 18%, and 27%. Losing more than a quarter of its value has pushed the Nasdaq firmly into a bear market. Although a tumbling stock market can be scary and tug on investors' emotions, big declines have always represented a buying opportunity.
Our call of the day comes from Jefferies analysts, who round up some small to medium-size stocks that have been hit unreservedly hard in this market rout.
It's all about time in the market. Not timing the market.
Cleveland-Cliffs said the Cuyahoga River is the only way for the facility to receive its iron ore shipments.
The Snapchat owner's shares plummeted 29.3% in premarket trading after the company slashed its second-quarter earnings forecast and said the economy had worsened faster than expected in the last month. Google-owner Alphabet Inc, Twitter Inc, Meta Platforms Inc and Pinterest Inc, which earn a chunk of their revenue from advertising, fell between 3.7% and 12.4%.
(Bloomberg) -- Snap Inc. cut its revenue and profit forecasts below the low end of its previous guidance, sending shares plunging as much as 31% and pushing other social media stocks down.Most Read from BloombergBroadcom in Talks to Acquire Cloud Company VMwareStocks Climb in Risk-On Day While Bonds Decline: Markets WrapBiden’s Latest Taiwan Gaffe Stokes Tensions With BeijingBiden Misspeaks on Taiwan, Says US Military Would InterveneFutures Fall as Snap Forecast Drags Tech Lower: Markets WrapThe
Mizuho Managing Director Siti Panigrahi checks out Zoom's Q1 earnings, sustaining subscriber growth, and the communications technology company's business outlook.
The dreaded S&P 500 bear is nearly here. But don't think you need to hibernate to make money in a rough market.
(Bloomberg) -- Dennis Gartman is telling prospective dip buyers to sell any rallies in US stocks during a bear market that he dates to the start of the year, and expects to last for many months.Most Read from BloombergBroadcom in Talks to Acquire Cloud Company VMwareStocks Climb in Risk-On Day While Bonds Decline: Markets WrapBiden Misspeaks on Taiwan, Says US Military Would InterveneWalmart’s Troubles Should Have Everyone on High AlertGoldman’s Solomon Says Subway Shooting of Employee a ‘Sensel
The last few months, with the exception of some short bullish trading runs, have been brutal for the stock market. The NASDAQ has already entered bear-market territory, with a loss of ~26% so far this year, and the S&P 500 is near the edge, with a year-to-date loss of ~17%. But investors should remember: even in a bear market, there are going to be opportunities for the risk-friendly. This leads us to the oversold stocks, and their potential to rebound to investors’ benefit. Oversold stocks are
Oil and gas producers have shifted their business models to prioritize profitability. The new philosophy has helped their stocks and financial results.
The Russian ruble has emerged as the best-performing currency in 2022, despite wide-ranging sanctions imposed for its invasion of Ukraine. How did the Russian currency make a dramatic recovery from its record low of 143 rubles to the dollar on March 7? The rally, experts say, is largely artificial, the result of capital controls imposed by Moscow in the wake of Western sanctions.
Early in the trading day on Monday, shares of Roku (NASDAQ: ROKU) turned sharply lower, declining as much as 6.7%. The catalyst that sent the streaming pioneer tumbling was a report that a big player was entering the streaming device and connected-TV space. Microsoft (NASDAQ: MSFT) is working to expand is Xbox Cloud game-streaming platform.
(Bloomberg) -- US equities may see more losses before the Federal Reserve signals end to monetary tightening, according to Goldman Sachs Group Inc. and Bank of America Corp. strategists. Most Read from BloombergBroadcom in Talks to Acquire Cloud Company VMwareStocks Climb in Risk-On Day While Bonds Decline: Markets WrapBiden’s Latest Taiwan Gaffe Stokes Tensions With BeijingBiden Misspeaks on Taiwan, Says US Military Would InterveneFutures Fall as Snap Forecast Drags Tech Lower: Markets Wrap“The
The Kroll Bond Rating Agency recently raised its loss expectations on the recent Upstart asset-backed securitization.