Batista's crumbling empire
Eike Batista, once Brazil's richest man, has been forced to downsize his business empire and could be part of the biggest corporate bond default ever to hit Latin America. Conway G. Gittens reports.
AMC completed a $250 million stock sale amid renewed interest in shares during Monday's trading session.
The Dow Jones rose Tuesday on the stock market today on hot inflation data. Fed Chair Jerome Powell is next. GME stock rocketed 112%.
When Ellen, a 67-year-old retiree, reached out to Suze Orman during her podcast, she had a straightforward yet crucial financial inquiry: "Which bucket do I draw from first?" Ellen, whose Social Security covers most of her daily living expenses, needed guidance on how to use her different types of retirement accounts for additional expenditures like travel. Don't Miss: The recommended retirement savings amount is $550K, but here is why so many Americans are falling short. Reddit user reveals his
U.S. producer prices increased more than expected in April amid strong gains in the costs of services and goods, indicating that inflation remained elevated early in the second quarter. The producer price index for final demand rose 0.5% last month after falling by a downwardly revised 0.1% in March, the Labor Department's Bureau of Labor Statistics said on Tuesday. Financial markets expect the Federal Reserve to start its easing cycle in September, though some economists believe the first interest rate cut could come in July.
GameStop stock stock surged again early Tuesday, adding to a 74% rise on Monday as meme stocks appear to be back in vogue.
Investors are not convinced that this cheap stock is safe from the rising effectiveness of artificial intelligence.
Meme-stock maven Roaring Kitty surfaced on social media again to hype GameStop shares. But there are better targets beyond the S&P 500.
Alibaba stock rallied strongly ahead of its Q1 report, but a revenue beat was offset by an 86% drop in quarterly profit.
One-time meme stocks and other heavily-shorted names are rocketing higher in a new retail investor frenzy.
Nearly a dozen high-profile companies have conducted a forward-stock split since the midpoint of 2021. Three prominent, time-tested businesses may be the next stock-split stocks.