STORY: “Number one,” said von Lipsey, “consumer debt levels remain high…. The second reason to give us some pause is the fact that the labor numbers are so very tight…. And finally, we’ve seen a great relaxation in commodity prices. Gasoline prices, that big headline, that thing that really worried us going into the summer, they’ve come off by more than a dollar and that relief has really led to a lot of consumer comfort and confidence. But those commodity prices are based on a set of conditions that may not sustain themselves.”
Twitter will have to produce documents from its former general manager as Musk's attorneys demand new information on data.
Mark Zuckerberg spends his billions on mostly charity and real estate, like a San Francisco home that he just sold for $31 million.
Bankrupt cryptocurrency lender Celsius Network, which disclosed Monday that it was running low on money, said it has gotten several proposals to inject cash into the company and won approval from a U.S. judge to sell bitcoin (BTC) that it mines. Celsius lawyer Josh Sussberg disclosed the receipt of cash-injection offers during a Tuesday bankruptcy hearing but didn't say how big the offers were. Moving hastily on this is “mission critical” for Celsius, Sussberg said.
In this article, we discuss the 10 stocks that Jim Cramer recommends selling in August. If you want to read about some more stocks that Jim Cramer recommends selling, go directly to Jim Cramer Recommends Selling These 5 Stocks in August. Jim Cramer, the former hedge fund manager and present host of Mad Money on […]
The pause on student loan repayments is ending soon, what are Biden’s options on student debt?
In the last month, both the S&P and the NASDAQ climbed back out of bear territory, and are registering 10% and 13% gains respectively. It’s enough to make investors' heads spin. Let's not forget, the markets presented investors with a bearish challenge in 1H22, with 6 straight months of losses. Headwinds, in the form of supply chain problems, Russia’s invasion of Ukraine, inflation at generational high levels, rising interest rates, all combined to give investors the shivers. For the retail inve
Recently, we came across a simple piece of money advice from billionaire entrepreneur Mark Cuban on his Maverick blog that we felt resonated in today’s money-stressed world. Indeed plenty of pros agree with him that saving money can make you, if not rich, then at least richer (and the good news is this: savings accounts are now paying far more than they did a year ago, and you can find the best rates you can get here). “The first step is you have to want to make changes,” says certified financial planner Spencer Betts of Bickling Financial Services.
(Bloomberg) — Twitter Inc. was ordered to hand over files from its former consumer product head to Elon Musk on spam and bot accounts the billionaire has cited in seeking to abandon his $44 billion purchase of the social media company. Most Read from BloombergSaudi Billionaire Made $500 Million Russia Bet at War OnsetAmerica’s $7 Trillion Retirement Crisis Is Only Getting Worse‘Next Generation’ Moderna Coronavirus Booster Jab Approved for Use in AdultsThese Six Cities Are Emerging as New Expat
Although each individual dividend payment might seem small on its own, when you harness them to drive compound growth, they can work wonders.
Trading volume over the past 24 hours is up 125% as more than $3.6 billion of the cryptocurrency changed hands.
Markets fell into bear territory through the first half of the year – but we saw a summer rebound in July that has stabilized this month. Both the S&P 500 and the NASDAQ indexes have climbed back out of their bear markets, and investor sentiment, at least for now, is positive. However, at least some of the market experts are taking a much more guarded view of current conditions. Looking into the history of market downturns, Bank of America strategists see indicators that we haven’t hit bottom ye
Even in a year when prices for just about everything are skyrocketing, the surging price of food stands out. In June, the federal government's food-at-home index — meaning food you buy at a grocery…
Industry analysts see an urgent need to stimulate a recovery in China’s overheated residential real estate sector as potentially 50 million vacant apartments could soon flood the market.
In this article, we discuss Michael Burry’s latest warnings about the economic outlook and the 11 stocks he is selling to brace for impact. If you want to read about five prominent stocks he dumped ahead of the economic crisis, click Michael Burry Sells These 5 Stocks to Brace for Impact. Michael Burry of “The […]
The investor, who successfully bet against the U.S. mortgage market before the 2008 financial crisis, has just made a huge gamble.
Zacks.com users have recently been watching Exxon (XOM) quite a bit. Thus, it is worth knowing the facts that could determine the stock's prospects.
"The technical conditions of this market appear ripe for the start of a new bull market rather than a retest," LPL's Jeffrey Buchbinder said.
The housing market is changing fast. Act accordingly.
Builder sentiment in the market for single-family homes fell into negative territory in August, as builders and buyers struggle with higher costs.
The bankrupt crypto firm is also short of $2.8 billion in crypto assets, the court filing reveals.
About Author
