Ally Financial CFO’s Credit Warning Hits Stocksby Mark Eisenberg 11.09.2024Ally Financial's stock drops after CFO warns of worsening credit conditions, affecting the banking sector broadly.
Crude Oil Prices Plummet as OPEC Lowers Demand Forecastby Mark Eisenberg 11.09.2024OPEC revises 2024 demand outlook, causing oil prices to hit lowest levels. Concerns arise over China's economic challenges.
Fed’s Projections May Signal Deeper Rate Cutsby Mark Eisenberg 11.09.2024Citi analysts anticipate Fed's revised projections to indicate deeper rate cuts amid rising unemployment and slowing inflation.
Robinhood Crypto Settles for $3.9M Over Misleading Claimsby John Darbie 11.09.2024Robinhood Crypto to pay $3.9M to settle allegations of misleading investors and locking assets, per California authorities.
Nike Shareholders Reject Worker Rights Proposalby Mark Eisenberg 11.09.2024Nike investors vote against supply chain worker agreements, despite pressure over human rights concerns.
Bank of America Clients Buy the Dip in U.S. Stocksby Mark Eisenberg 11.09.2024BofA clients invest $2.4B in U.S. equities during market dip, marking the largest inflows in nine weeks with a focus ...
Could Bitcoin Reach $13 Million by 2045?by John Darbie 11.09.2024Exploring Michael Saylor's bold Bitcoin prediction of $13 million by 2045 and its feasibility in the evolving crypto market.
EU Reduces Proposed Tariffs on Chinese EVsby Mark Eisenberg 10.09.2024EU to lower tariffs on Tesla EVs to 7.8% from 9%, while other Chinese EV makers see slight adjustments in ...
Nordstrom’s Private Offer: A Fair Return to Roots?by Mark Eisenberg 07.09.2024Nordstrom considers a $3.8 billion take-private offer as a strategic move amid past missteps and changing retail trends.
Homeland Security Enhances Port Cyber Securityby Lilu Anderson 07.09.2024US ports bolster cyber defenses to safeguard economy, jobs. Homeland Security plans to develop a virtual testbed for security.