Bitcoin recovers after new low, Apple to offer interest-bearing savings, Netflix to launch $6.99 ad-supported plan, Kroger to buy Albertsons for $24.6 billion, Briggs & Stratton bankruptcy, Beyond Meat to cut jobs, and more financial news. Bitcoin recovers after new low Bitcoin recovered and moved higher by 1.3% at $19,388.89 …
Read MoreSeptember inflation dipped fractionally to 8.2%, while the consumer price index (CPI) rose markedly to 0.4%. Social Security to get the highest increase in 40 years. Stocks plunge on inflation data and more financial news. September inflation reaches 8.2%, CPI quadruples The annual US inflation rate in September hit 8.2% …
Read MoreIMF cuts global growth forecast, says worst is yet to come – Stocks dip for the 5th straight day as treasury yields rise – Uber/ Lyft/Doordash plunge on Labor Dept. move – 3 automakers invest in batteries – more financial news. IMF cuts global growth forecast says ‘worst is yet …
Read MoreStocks fell after JPMorgan Chase CEO warns of recession, Cathie Wood warns Fed it’s raising rates too high and risking economic “bust,” California accuses oil industry of price gouging, PayPal stocks drop after policy gaffe, and more financial news. Stocks dip after JPMorgan Chase CEO points to global recession Stocks …
Read MoreAverage US gas prices are nearing $4 a gallon, while stocks make 4th straight decline. Costco is focusing on lowering prices, even as Whole Foods raises prices. Amazon is investing in an electric fleet in Europe, plus more financial news. Gas nearing $4 per gallon national average On Monday, the …
Read MoreUS jobs rise but below estimates, unemployment drops, Real wages lowest in 25 years, World Bank takes heat over climate, $270 trillion needed for net zero by 2050, Gates says climate change ” not solvable,” and more financial news. Jobs rise but below expectation, and unemployment drops The latest jobs …
Read MoreGas prices are already climbing as OPEC+ announces a cut to oil production. Stocks dip slightly after a two-day surge, while investors and analysts warn of rising market stress. WTO slashes 2023 global trade forecast, and more financial news. Higher gas prices looming as OPEC+ to cut oil production Higher …
Read MoreElon Musk offers to complete his original $44 billion Twitter deal, America’s national debt surpasses $31 trillion, US mortgage rates reach highest in 16 years, Micron to open largest US semiconductor facility, and more financial news. Elon Musk offers to complete original $44 billion Twitter deal Elon Musk has reversed …
Read MoreCEOs are preparing for recession, and one risk management expert says it could be the worst in recent history. How many more times will the Fed raise interest rates? The SSA is poised to announce the largest COLA ever, plus more financial news. Stocks rally in October kickoff October kicked …
Read MoreSEC fines Kim Kardashian $1.2M over crypto, Credit Suisse hits record low, five red flags of global recession, NFT sales down 60% from Q2, and more financial news. SEC fines Kim Kardashian $1.2M over crypto The Securities and Exchange Commission on Monday fined reality TV star and brand influencer Kim …
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