Market News
April Inflation Report Recap: Prices Cool Slightly, Relief For Fed As Inflation Battle Is Working
Forbes - 11 May 2023 15:38
CPI data for April showed a 4.9% price increase year-on-year, down from March's figure and the tenth inflation slowdown in a row
What's Next For Johnson Controls Stock After An Upbeat Q2?
Forbes - 11 May 2023 15:00
This growth was driven by a 13% rise in North America sales and an 8% rise in Global Products segment sales.
News Corp's Stock To Likely Trade Higher Post Q3?
Forbes - 11 May 2023 14:00
We expect NWSA's stock to trade higher due to revenues and earnings beating expectations in its third-quarter results.
SoftBank Trims Overall Loss After Topsy-Turvy Fiscal Year
Wall Street Journal - 11 May 2023 10:35
The adjusted value of Japanese tech investor's Alibaba stake falls to a small fraction of year-ago level.
Six Legal Reasons the Federal Budget Is Its Own 'Debt Ceiling' - and 'Floor'
Forbes - 11 May 2023 23:50
Since 1974, the Federal Budget has been its own 'debt ceiling' - & its own 'FLOOR.' The pre-1974 debt regime, based on the World War I 'Liberty Bond' program, has been implicitly repealed ever since - if not void ab init...
Stocks Mixed Despite Slowing Inflation Data
Wall Street Journal - 11 May 2023 22:18
Shares in regional banks such as PacWest weighed on stock indexes Thursday, offsetting gains among tech stocks as the U.S. economy showed fresh signs of cooling.
Ex-Dividend Reminder: Alcoa, Exxon Mobil And Chord Energy
Forbes - 11 May 2023 20:09
Alcoa will pay its quarterly dividend of $0.10 on 6/2/23, Exxon Mobil will pay its quarterly dividend of $0.91 on 6/9/23, and Chord Energy will pay its quarterly dividend of $1.25 on 5/30/23.
What you can do to reduce your out-of-pocket-expenditure on healthcare
livemint.com - 11 May 2023 20:04
Out-of-pocket expenditure (OoPE) in India, which accounts for approximately 62% of the country's total healthcare spending, is creating a significant financial burden for patients and their families, according to Chris G...
Is there any insurance policy to cover a tenant's belongings?
livemint.com - 11 May 2023 20:03
Moving so often can also put at risk all your valuables, especially appliances, gadgets, or other expensive items. To address this worry of yours, the insurance industry has a product called 'Home Insurance'
Bond Selloff Adds to the Pressure on Regional Banks
livemint.com - 11 May 2023 19:45PacWest Stock Sinks 25% After Disclosing Fresh Outflow
Wall Street Journal - 11 May 2023 19:44
The bank said in a securities filing that it lost 9.5% of its total deposits last week.
Disney Stock Tumbles as Streaming Losses Spook Investors
Wall Street Journal - 11 May 2023 19:38
The share slump weighs on the S&P 500 and Dow Jones Industrial Average.
EV Startups Are Proving Warren Buffett Right
Wall Street Journal - 11 May 2023 17:39
Polestar became the latest electric-vehicle manufacturer to cut its forecast for 2023 deliveries on Thursday, sending its stock down 11%.
Bond Selloff Adds to the Pressure on Regional Banks
Wall Street Journal - 11 May 2023 16:28
Rising yields on debt threaten higher borrowing costs for lenders.
SoftBank Turns Big Seller After Tech Rout
Wall Street Journal - 11 May 2023 15:56
The Japanese tech investor reported $7.2 billion of net losses for its fiscal year, even after gains from selling down its stake in Alibaba.
Polestar to cut 10% of workforce as delays push upcoming SUV to 2024
CNBC - 11 May 2023 15:54
The Swedish EV maker said its net loss narrowed dramatically compared with a year ago.
OPEC's Output Slipped in April Ahead of Saudi-Led Cuts
Wall Street Journal - 11 May 2023 15:39
Supply disruptions in Iraq and Nigeria caused OPEC to pump less oil in April, further straining an already tight oil market.
More Wives Now Outearn Their Husbands. They Also Stay Together Longer.
Wall Street Journal - 11 May 2023 15:00
The share of marriages with women breadwinners tripled over the last 50 years.
Stock Clearinghouse Leaked Sensitive Data, Trading Firm Says
Wall Street Journal - 11 May 2023 14:10
Traders worry Depository Trust & Clearing Corp. data feeds could reveal when large investors are buying or selling stocks, a charge the DTCC rejects.
With Memory Markets Moving Toward Equilibrium, Is Micron Stock A Buy?
Forbes - 11 May 2023 13:00
Micron Technology (NASDAQ: MU) stock has performed relatively well this year, rising by about 22% since early January, amid optimism that the supply-demand balance in the memory markets could improve.
Airtel Africa Leads FTSE 100 Lower As Sales Growth Slows, Currency Pressure Hits
Forbes - 11 May 2023 11:58
Revenues at the business rose 11.5% to $5.3 billion in the 12 months to March.
Recent ESG Problems Include Fund Underperformance And Data Inconsistency--And How The US And Europe Differ In Approach
Forbes - 11 May 2023 11:30
Some fractures are appearing in global ESG investment, with market size estimated to hit $50 trillion in 2025. Lagging investment performance is giving some investors pause. And lack of consistent data continues to plagu...