Estimated read time 10 min read
Stock Market News

Ex-U.K. finance minister Kwasi Kwarteng to step down from politics

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Kwasi Kwarteng, who served as the U.K.’s finance minister during the mini-budget crisis which saw Britain’s pound drop to its lowest ever levels against the [Read more about this post…]

Estimated read time 4 min read
Stock Market News

L’Occitane shares rise on report of potential Blackstone offer

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L’Occitane International’s shares rose sharply after a report that Blackstone is considering a bid for the skincare company. L’Occitane’s shares 973, +8.46% gained 9.4% to [Read more about this post…]

Estimated read time 4 min read
Stock Market News

What’s behind Cathie Wood’s ARK estimate for bitcoin to surge to $2.3 million

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Cathie Wood’s ARK Investment Management estimates bitcoin prices could skyrocket to $2.3 million on the back of an “optimal  allocation” to the crypto currency from [Read more about this post…]

Estimated read time 16 min read
Stock Market News

The busiest and most crucial week for fourth-quarter earnings is here.

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The heaviest stretch of the fourth-quarter earnings storm hits this week, with 106 companies set to report results. But results from only five — all [Read more about this post…]

Estimated read time 13 min read
Stock Market News

Opinion: Fixing Social Security: Let’s use subsidies for retirement plans

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Andrew Biggs, a conservative economist with the American Enterprise Institute, and I are usually opponents.  Our disagreements go back decades: including privatizing Social Security, adequacy [Read more about this post…]

Estimated read time 22 min read
Stock Market News

I asked my father to quitclaim his home so I can refinance. Is that wise?

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I am a 56-year-old man living in my family home with my father, 93, who has Type 2 diabetes and a pacemaker and is legally [Read more about this post…]

Estimated read time 7 min read
Stock Market News

What’s driving solar-energy stocks Canadian Solar, SunRun, Enphase Sunnova

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Canadian Solar Inc.’s stock led gains among four solar power companies in the spotlight on Tuesday as it disclosed a $500 million investment from BlackRock [Read more about this post…]

Estimated read time 11 min read
Stock Market News

United sees bigger-than-expected first-quarter loss after 737 Max groundings — but here’s why the stock is rallying anyway

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United Airlines Holdings Inc. said it expected to lose more money than expected in the first quarter, after the government this month ordered dozens of [Read more about this post…]

Estimated read time 15 min read
Stock Market News

Bill Ackman’s Pershing Square back in ranks of world’s 20 top hedge funds

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Bill Ackman’s Pershing Square Capital Management has re-entered the ranks of the world’s 20 best performing hedge funds following a bumper year for the New [Read more about this post…]

Estimated read time 26 min read
Stock Market News

Cost cutting may see profit margins rising again in 2024

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After higher costs and shaky consumer demand caught up with corporate America last year, Wall Street now expects corporate profit margins to rebound through the [Read more about this post…]