Famed investor Michael Milken said the current banking crisis stemmed from a classic asset-liability mismatch that had played out miserably time and again.
Category: Finance News
Stocks making the biggest moves after hours: Ford, Starbucks, Clorox and more
These are the stocks posting the largest moves in extended trading.
Uber shares jump after first-quarter revenue beats expectations. Here’s what the experts have to say
Pros on CNBC discuss Uber after the company released its first-quarter earnings report.
3 indicators the job market is seeing what one economist calls an ‘unambiguous cooldown’
The U.S. job market remains strong. But new federal data on layoffs, job openings and quits points to a continuing slowdown.
New York and California lost over $90 billion in income to low-tax states during Covid
The losses accelerated the trend of high-earners relocating to lower-tax states like Florida and Texas.
Ramit Sethi: How renting could make you richer than buying
Ramit Sethi, self-made millionaire and star of the new Netflix show “How To Get Rich,” explains why it can often be a better financial decision to rent than to own a home.
Stocks making the biggest moves midday: Uber, Chegg, Dell, PacWest, SoFi & more
These are the stocks posting the largest moves in midday trading.
When Barbara Corcoran sold her company for $66 million, she didn’t know how much it was worth—here’s how she negotiated anyway
“Shark Tank” star Barbara Corcoran sold her real estate firm for $66 million, a number she chose out of luck, without knowing her company’s worth. Here’s how.
Job openings fell more than expected in March to lowest in nearly two years
The JOLTS report showed that job vacancies totaled 9.59 million for the month, down from 9.97 million in February.
Hindenburg Research goes after Carl Icahn in latest campaign for market-moving short seller
The Nathan Anderson-led firm took a short position against Icahn Enterprises, alleging “inflated” asset valuations, among other reasons.