Are single-stock ETFs a good idea?
The Securities and Exchange Commission is not a fan of ETFs that hold just a single stock, but they may have benefits for certain investors.
Coinbase halting operations in Japan a week after laying off hundreds of employees
Coinbase will stop its operations in Japan due to market conditions after announcing the company would layoff 950 employees to reduce operating expenses.
Goldman Sachs shares sink after brutal quarter
Investors are selling shares of Goldman Sachs after the bank reported a drop in quarterly profits.
Economic optimism has 'collapsed' globally, survey finds
The 2023 Edelman Trust Barometer found economic optimism across the globe has suffered a "massive collapse," with most developed nations reporting all-time lows
Bed Bath & Beyond reportedly selling assets to private equity firm, retailer says no comment
The New York Times has reported that Bed Bath & Beyond is the in the process of selling chief assets like Buy Buy baby to Sycamore Partners in New York.
US Chamber CEO says businesses are 'fed up' with Washington despite recent support for Democrats
U.S. Chamber of Commerce CEO Suzanne Clark criticized the federal government for placing too large a regulatory burden on businesses while failing to meet the challenges America faces.
Bed Bath & Beyond sales sink, will close 150 stores
Bed Bath & Beyond will not file bankruptcy and is implementing a new plan in 2023 that includes the closure of 150 locations.
Bed Bath & Beyond’s day of reckoning
Days after disclosing bankruptcy is a real possibility, Bed Bath & Beyond, on Tuesday, will update investors on what’s ahead for the embattled home retailer which has been plagued with falling sales, allegations of financial fraud which surfaced following the suicide of its CFO and mounting store closures.
Oil spikes on reopened China and ‘hopes’ of refinery supply
The price of West Texas Intermediate is rising on Monday after China reopened its borders and refineries.
Ford’s rising EV sales contribute to bigger market share
The Ford Motor Company increased its share of the market in December 2022, after a strong month in truck and electric vehicle sales.
Bed Bath & Beyond delivers grim warning
Bed Bath & Beyond delivered a grim warning to shareholders and customers about its future.
Pennsylvania Walmart closes, then opens doors for public auction: 'A fun process'
Small businesses and the public took part in a Walmart closure auction in Pittsburgh this week. The sale included furniture, fire extinguishers, toilet paper and more.
Gemini co-founder says Genesis ‘engaging in bad faith stall tactics’
Gemini co-founder pens open letter to rival Genesis on Twitter asking for $900 million loan repayment.
Tesla stock extends drop in New Year, ‘becoming long-term hold’
Shares of Tesla are falling again in 2023 after a weak fourth quarter in deliveries.
S&P 500 wraps worst year since 2008
The S&P 500 is on target to post its worst annual performance since 2008, while energy sector posts record year
S&P energy sector’s record 2022 performance ‘built on downfall of others’
The S&P 500’s energy sector was boosted by rising oil prices as other sectors suffered amid inflation and weakened economy
Tech stock bounce part of ‘seasonal pattern’, investors pin hopes on January
Tech stocks like Meta, Apple, and Microsoft are lifting the Nasdaq 100 higher on Thursday after a jobs report spurred investors.
Southwest flight cancellations lead world, expert predicts 10% hit on revenue
Southwest Airlines is facing a federal investigation following a mass cancellation throughout the air carrier's flight schedule during Winter Storm Elliot.
How much does it cost to sponsor a college football bowl game?
The cost of sponsoring a college football bowl game varies widely between those occurring early in the bowl season and the New Year's Six games.
Oil prices are up, are refinery shutdowns to blame?
A winter storm over a large swath of the U.S. is being blamed for oil refinery shutdown in Houston and spiking crude prices