How accounting could change profitability amid tariffs
As more tariffs take effect on goods imported into the U.S., a specific accounting method could have major implications for how American retailers calculate the impact. A tariff adds to the cost of an imported item when it’s received and paid for when it crosses a border. While there’s debate over who pays that tariff — […]
Opendoor’s stock is rocketing again. What can make it keep going?
Opendoor shares are skyrocketing again as noted bull Eric Jackson said that the company needs to dive deeper into AI and rethink its business model.
Novo Nordisk offers diabetes drug Ozempic for steep cash discount
A box of Ozempic made by Novo Nordisk, at a pharmacy in London on March 8, 2024. Hollie Adams | Reuters Novo Nordisk on Monday said it now offers cash-paying U.S. patients its blockbuster diabetes treatment Ozempic for less than half its monthly list price, as drugmakers face mounting political pressure to lower prices in […]
This car is the next big thing in driving — and you can invest in it right now
Autonomous vehicles are gaining speed — and Tesla and Uber have the inside lane. And pay attention to Nvidia and other AV infrastructure plays.
Versant to rename MSNBC, drop peacock logos
The brand logo for My Source News Opinion World Courtesy of Versant MSNBC will change its name later this year and drop the storied peacock image from its branding — the first real public-facing changes in Versant’s upcoming separation from Comcast’s NBCUniversal. The political news network will be renamed My Source News Opinion World, or […]
Yieldstreet real estate bets leave customers with massive losses
Yieldstreet customer Justin Klish, who said he faces $400,000 in losses from investing on the platform. Courtesy: Justin Klish When Justin Klish stumbled upon an ad for Yieldstreet in February 2022, he said, it was the company’s tagline that stuck in his head. “Invest like the 1%,” the startup said. The ad spoke to his […]
My aunt barely spends any money. Will we receive the contents of her safe-deposit box when she dies?
“I am asking for my mom, who is on a fixed income. It would be a nice boon.”
The Powerball jackpot is now $605 million, but this man warns that playing the lottery can become an addiction
Adam Osmond gambled away a fortune on lottery games, but eventually sought help
U.S. stock futures inch higher following Trump-Putin summit; Wall Street awaits Fed’s Jackson Hole meeting
U.S. stock-market futures rose slightly Sunday, after Friday’s summit between U.S. and Russian leaders ended without a major breakthrough and as investors await this week’s Fed gathering in Jackson Hole, Wyo.
Investors are plowing into homebuilder stocks. Will Jackson Hole prove them wrong?
Previously unloved stocks are making a big comeback before Jackson Hole, the Federal Reserve’s annual summer economic summit
