CATEGORY

Business

Ozempic Threat Is Spurring a Slump in Snack and Beer Stocks

(Bloomberg) -- The bad news keeps piling up for the makers of everything from snacks to chocolate and booze.Most Read from BloombergThe latest...

REITs Have Room to Rebound. Here Are 13 on Solid Ground.

Real EstateStreetwiseBy Jack HoughOct 06, 2023, 4:31 pm EDTShareReprintsRising rates have roughed up REITs. An MSCI index of U.S. ones has fallen 7%...

Buckle up for more ‘turbulence’ in the housing market, BofA says—it’s a housing recession, 1980s-style

Housing market pessimists have been sounding the alarm for years about a pending crash in the U.S. residential real estate market. Even before...

Sam Bankman-Fried stole customer funds from the beginning of FTX, exchange’s co-founder tells jury

NEW YORK (AP) — Sam Bankman-Fried authorized the illegal use of FTX customers' funds and assets to plug financial gaps at an affiliated...

Warren Buffett’s Berkshire Hathaway keeps selling off its HP shares at a loss this week

Warren Buffett's Berkshire Hathaway continued selling off more of its HP Inc. shares at a loss this week and dropped its stake below...

This Short Iron Condor Produces $490 Gain Right Away

Today's column looks at Chevron (CVX), a member of the Dow Jones Industrial Average. Amid a severe sell-off in crude oil futures this...

Taylor Swift Lifts This Theater Stock To A New High

A movie theater stock broke out of a base with the help of Taylor Swift's upcoming movie. And a fintech stock also hit...

Coca-Cola, Bank of America, and other big-name stocks just hit their lowest levels in a year as the market sell-off rages on

Stocks have fallen since the end of July, with the S&P 500 down 7%.Coca-Cola, Bank of America, and several other big names have...

We’re in the Biggest Treasury Bond Bear Market Ever, Bank of America Says

Key Takeaways The market for U.S. Treasurys has shed almost a quarter of its value since Treasury yields bottomed out in the summer of...

Sam Bankman-Fried wanted to shut down trading firm Alameda weeks before FTX bankruptcy, says co-founder Gary Wang

After crypto exchange FTX failed to pay back customers in November and plunged into bankruptcy, details began to emerge about the reasons for...

Latest news