LendingClub slashing headcount by 225
LendingClub Corporation is slashing its headcount by 14%, the financial services firm announced on Thursday. That will equate to 225 workers losing their jobs.
Bipartisan team reintroduces bill that would ban members of Congress from trading individual stocks
Reps. Abigail Spanberger, D-Va., and Rep. Chip Roy, R-Texas, reintroduced a bill on Thursday that would ban members of Congress from trading individual stocks.
Wall Street rallies despite persistent inflation
All three major U.S. benchmarks are rallying in 2023 despite expert predictions and inflationary pressures
Disney faces proxy fight from activist investor Nelson Peltz
A proxy fight is brewing between Trian Fund Management and the Walt Disney Company as Trian looks to secure a board seat for its CEO Nelson Peltz
Goldman Sachs exec addresses massive job cuts at Wall Street powerhouse: 'Complete faith' in firm's decision
Goldman Sachs executive Joe Duran analyzes December's CPI report, gives his market outlook for 2023, and explains why the Wall Street firm cut 3,200 jobs.
US labor board upholds Amazon workers' union victory
A U.S. labor board director upheld an Amazon worker's union victory, moving the e-commerce giant closer to negotiating a contract.
Bed Bath & Beyond following ‘meme phenomenon’: Will it be enough to avoid bankruptcy?
Shares of Bed Bath & Beyond remain elevated after the domestic merchandise retailer announced measures to avoid bankruptcy, spurring a short-selling rally.
Copper tops $9,000 for first time since June
The price of copper is up $9,013.50 on the London Metal Exchange as investors anticipate increased Chinese demand.
Bed Bath & Beyond taps new restructuring adviser as bankruptcy looms
Bed Bath & Beyond brings on AlixPartners as its restructuring adviser as bankruptcy looks likelier by the day. Once a meme stock craze, BBBY is now struggling.
Markets may be underestimating the threat of high inflation, BlackRock warns
Inflation and peak interest rates will continue to pose a threat to the stock market in 2023 and cause further losses, according to BlackRock analysts.
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.
Rite Aid announces Heyward Donigan exit, appointment of interim CEO
Rite Aid experienced a leadership shakeup as the pharmacy change announce CEO Heyward Donigan's exit and the appointment of an interim chief executive.
S&P 500 could sink another 22%, Morgan Stanley warns
Morgan Stanley analysts have warned the U.S. stock market could plunge by another 22% this year because investors are underestimating corporate earnings.
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.
Musk wants change of venue for shareholder trial
Lawyers for Elon Musk are asking for a change of location for a shareholder trial which is slated to get underway in two weeks.
Larry Kudlow: The new GOP House has a lot of work to do
FOX Business host Larry Kudlow reveals good news within the stock market, but points to President Biden's economic and energy agenda, suggesting the new House GOP has a lot to fix on "Kudlow."
Dow makes big move on Friday as tech stocks lift Nasdaq
Stocks rallied on Friday as the Dow Jones Industrial Average jumped over 700 points during trading as sluggish technology stocks boosted the Nasdaq Composite and U.S. Tech 100.
Bed Bath & Beyond bankruptcy could happen ‘this month’
Bed Bath & Beyond is expected to file bankruptcy in early 2023 amid slumping sales and weakening demand
Tech stocks headed for ‘bloodbath’ in 2023, more ‘job threats’ expected
Tech stocks are positioned to fall again in 2023 as the U.S. Federal Reserve continues interest rate hikes to slow inflation



















