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Category: Finance News
Stocks making the biggest moves premarket: SoFi, Nucor, Starbucks, CSX & more
These are the stocks posting the largest moves in premarket trading.
Next rate hike will spark ‘dangerous game’ with state of economy, investor Peter Boockvar warns
Investor Peter Boockvar believes Wall Street is coming to grips with a painful reality: Inflation isn’t moderating, so the Federal Reserve won’t pivot.
Billionaire MacKenzie Scott just donated two Beverly Hills mansions worth $55 million to fund affordable housing in LA
MacKenzie Scott gifted a pair of mansions to the California Community Foundation, which intends to sell the homes—and invest the proceeds in housing nonprofits.
Billionaire Jim Koch gave up a six-figure job to launch Sam Adams: ‘If you’d rather be rich than happy, you’re a sociopath’
Today, Jim Koch’s Boston Beer Company pulls in $2 billion in revenue each year. But, in 1984, he took a big risk to launch what was then a small-scale brewery.
Ferrari just revealed its first-ever 4-door sports car, a high-riding and powerful coupe called the Purosangue
Ferrari’s new Purosangue is an SUV-like sports model, with four doors and a powerful V-12 egnine.
No end in sight for Wall Street deals slump as JPMorgan says advisory revenue plunges 50%
Wall Street is grappling with steep declines in capital markets activity as IPOs slowed to a crawl and the pace of acquisitions fell.
Stocks making the biggest moves midday: Rent the Runway, Meta, Oatly, Adobe & more
These are the stocks posting the largest moves in midday trading.
Inflation isn’t just about fuel costs anymore, as price increases broaden across the economy
Rather than fuel, it was food, shelter and medical services that drove costs higher in August, slapping a costly tax on those least able to afford it.
Inflation is still rising, but it’s less likely to hurt some retirees — here’s why
Annual inflation grew by 8.3% in August, but retirees won’t feel the sting of most higher costs, experts say.