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Dow Jones Falls As Disney Gets Huge Bid; Fed Meet Looms

Jennifer DuBois -
The major indexes finished near session lows on witching Friday ahead of the Federal Reserve meeting next week. The Dow Jones Industrial Average...
Business

Short-seller Jim Chanos is still betting against Tesla saying the stock is ‘ridiculously overvalued’ – and champions Nvidia as the ‘It girl’ of AI

Jennifer DuBois -
Famed short-seller Jim Chanos said he remains bearish on Tesla, saying the stock is "ridiculously overvalued.""Tesla in many ways, epitomises this bull market....
Business

The UAW’s Shawn Fain wants to wreck ‘the billionaire class’ as analysis reveals Ford, GM and Stellantis CEOs make at least 281 times their...

Jennifer DuBois -
As the United Auto Workers union faces off against Detroit’s Big Three automakers in a historic strike on Friday, the key demand is...
Business

Stocks slide to end volatile week lower, with Fed in focus: Stock market news today

Jennifer DuBois -
US stocks sank Friday as the major indexes failed early on to build on a Thursday rally and finished with losing weeks.The S&P...
Business

Ford, GM and Stellantis respond to UAW strike

Jennifer DuBois -
Detroit's Big Three automakers are reacting to the United Auto Workers striking against them when none was able to reach new contract agreements...
Business

US Crude Oil Tops $90 a Barrel — and These 2 ‘Strong Buy’ Stocks Are Poised to Reap the Rewards

Jennifer DuBois -
Consumers took two hits in the pocketbook this past week. First came the August inflation numbers, with the headline annualized rate rising from...
Business

Euro Set for Record Run of Losses as ECB Seen Done Raising Rates

Jennifer DuBois -
(Bloomberg) -- The euro was headed for the longest streak of losses since its inception on bets the European Central Bank is done...
Business

High-Grade Bond Investors Are Betting on Duration

Jennifer DuBois -
(Bloomberg) -- Investors are increasingly willing to buy longer-term bonds, locking in higher interest payments for years in a bet that the Federal...
Business

Arm Stock Loses Steam in Friday Trading

Jennifer DuBois -
Updated 13 hours agoArm Stock Loses Steam in Friday TradingByAnna Hirtenstein, ReporterCan Arm shares build on the surge that accompanied the chip designer's...
Business

Oil-and-Gas Drillers Are Ramping Up Again

Jennifer DuBois -
Oil-and-gas companies have been laying down drilling rigs for much of 2023 as prices tumbled. Not anymore.Producers this week ramped up drilling at...
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