FTX’s top bankruptcy, legal, and financial advisors billed the company more than $19.6 million in fees, according to Tuesday bankruptcy court filings.
Michael Kors-owner Capri shares plunge after revenue falls across the retailer’s luxury brands
Revenue fell across the company’s luxury brands — Michael Kors, Jimmy Choo and Versace — dragged lower by slowing traffic in China.
Stocks making the biggest moves premarket: Uber, Chipotle, Microsoft, Lumen and more
These are some of the stocks posting the largest moves before the stock market’s opening bell.
Luxury brand Six Senses is opening its first hotel in Australia
The hotel is scheduled to open in 2025 on a 22-hectare estate called Burnham Beeches, located 25 miles from Melbourne in the Dandenong mountain range.
Stocks making the biggest moves after hours: Chipotle, Enphase Energy, Fortinet and more
These are the stocks posting the largest moves in extended trading.
Biden to revisit ‘billionaire minimum tax’ in State of the Union address
President Joe Biden will renew his call for a “billionaire minimum tax” during the State of the Union address on Tuesday. Here’s what to expect.
Wholesale egg prices have ‘collapsed.’ Why consumers may soon see relief
Wholesale egg prices have declined by over 50% from their recent record highs. Retail prices may soon follow, but that’s not a sure thing.
Fed Chief Powell says the disinflationary process has begun, but has a long way to go
Fed Chairman Jerome Powell spoke Wednesday in a question-and-answer session at the Economic Club of Washington, D.C.
Stocks making the biggest moves midday: Chegg, Hertz and Oak Street Health
These are the stocks posting the biggest moves during midday trading.
Watch Federal Reserve Chair Jerome Powell discuss inflation, interest rates and the economy
Federal Reserve Chairman Jerome Powell speaks Tuesday afternoon in a question-and-answer session with Carlyle Group Chairman David Rubenstein.