Business News

Stock market news live updates: Stock futures rise ahead of retail sales, earnings Wed, Nov 16th 2022 at 11:06 am
U.S. stock futures inched higher Wednesday morning as Wall Street shifted its focus to the governments retail sales data ...
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Thanksgiving dinner will cost 20% more this year because of inflation Wed, Nov 16th 2022 at 10:44 am
Thanksgiving dinner will cost a whopping 20% more than it did last year, according to a new survey released Wednesday by ...
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As typical retirement portfolios tank, here's what experts suggest Wed, Nov 16th 2022 at 10:00 am
Some workers may be tempted to overhaul their retirement fund after a dismal year. Resist the urge, say financial planners.
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TikTok CEO Says 'Project Texas' to Allay US Security Concern Wed, Nov 16th 2022 at 8:55 am
Hit video app TikTok is investing heavily to address US concerns about its data security and anticipates being able to ...
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Asian shares fall on jitters over missile landing in Poland Wed, Nov 16th 2022 at 7:14 am
Asian shares were mostly lower Wednesday, as investors got jittery over global risks after Poland said a Russian-made missile killed ...
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FTX's Sam Bankman-Fried collapse compared to Enron, Madoff Wed, Nov 16th 2022 at 7:00 am
The collapse of cryptocurrency exchange FTX amid reports at least $1 billion in client funds disappeared has prompted comparisons to notorious ...
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Tom Ford's $2.8 Billion Deal To Sell His Fashion Brand To Estee Lauder Makes Him A Billionaire Wed, Nov 16th 2022 at 12:51 am
The 61-year-old fashion designer joins the billionaire ranks 17 years after founding his eponymous fashion brand, thanks to a deal that ...
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Google must 'take aggressive action' to slash expenses, activist investor says Tue, Nov 15th 2022 at 5:11 pm
Google parent Alphabet Inc. must take aggressive action to cut costs, according to an activist investor. Christopher Hohn, the managing ...
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How Much You Will Get From Social Security Tue, Nov 15th 2022 at 3:43 pm
It can be difficult to predict how much you will receive from Social Security, especially if you are more than ...
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Retirement expert on crypto investing: 'Not a space you want to be in' Tue, Nov 15th 2022 at 2:52 pm
The recent collapse of crypto exchange FTX and its continuing fallout show how volatile the crypto market can be, one ...
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Bank of America strategist says he's tactically bullish on China for first time in two years as Hang Seng enters bull market Tue, Nov 15th 2022 at 2:30 pm
A strategist who has been cautious toward the world's second-largest economy for two years is changing his view.
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FTX creditors 'could be more than one million,' bankruptcy filing shows Tue, Nov 15th 2022 at 2:25 pm
"As set forth in the Debtors' petitions, there are over one hundred thousand creditors in these Chapter 11 cases. In fact, ...
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Wholesale prices rise slowly again and point to softening U.S. inflation Tue, Nov 15th 2022 at 2:11 pm
U.S. wholesale prices rose just 0.2% in October, a fourth straight soft reading that suggests inflation is on the wane ...
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Crypto Billionaires With $96 Billion Loss Add Distance From FTX Tue, Nov 15th 2022 at 1:46 pm
Their fortunes plummeting, crypto titans from Changpeng Zhao to the Winklevoss twins are eager to differentiate their businesses from the ...
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Walmart Stock Soars After Blasting Q3 Earnings, Improving 2023 Profit Forecast Tue, Nov 15th 2022 at 12:22 pm
"Walmart U.S. continued to gain market share in grocery. .. and significantly improved out inventory position,' said CEO Doug ...
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Even JPMorgan's bullish strategist Kolanovic says markets are getting ahead of themselves. Here's what he and a Goldman strategist say to do now. Tue, Nov 15th 2022 at 12:21 pm
In the wake of last week's big stock market bounce, Goldman has warned clients the move is "likely overdone," while ...
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Germany is nationalizing a local unit of Russia's energy giant Gazprom, in an $8 billion bid to keep it from collapsing Tue, Nov 15th 2022 at 12:10 pm
Germany said it made the move to save the ailing gas company from insolvency, given it is key to the ...
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Should politics just be avoided at work? Ask HR Tue, Nov 15th 2022 at 12:00 pm
Though it may be difficult to completely avoid the topic of politics at work, you can take several measures to ...
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Netflix stock rides 7-month high amid ad tier rollout Tue, Nov 15th 2022 at 11:54 am
Netflix stock (NFLX) is at a 7-month high after three straight sessions of gains, buoyed by bullish investor sentiment surrounding ...
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FTX Lawyers Note 'Dozens' of Potential Probes, Question SBF Leadership in New Bankruptcy Filing Tue, Nov 15th 2022 at 10:54 am
"FTX faced a severe liquidity crisis that necessitated the filing of these cases on an emergency basis last Friday," lawyers ...
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