When market concentration bites. Europe’s GRANOLAs offer a lesson for U.S. investors, says Goldman.
Europe’s cream of the crop stocks have fallen on some tough times, and for U.S. investors, the lesson is clear, says Goldman Sachs.
Investors pitch NBA rival basketball league advised by Maverick Carter
Maverick Carter, co-founder and chief executive officer of The SpringHill Company, during the USC Next Level Sports Conference in Los Angeles, California, US, on Thursday, Oct. 17, 2024. Kyle Grillot | Bloomberg | Getty Images A group of high powered investors want to raise billions to form a new international basketball league, according to people […]
These tips for investing in mutual funds and ETFs help your portfolio go further
The new year is a good time to make long-term plans for your money and finances.
Spirit Airlines cuts 200 jobs in bankruptcy cost-cutting scramble
A Spirit Airlines plane at New York’s LaGuardia Airport Leslie Josephs/CNBC Spirit Airlines is cutting about 200 jobs across the company as the struggling budget carrier seeks to reduce costs after it filed for Chapter 11 bankruptcy protection in November. “These decisions were not made lightly, as we know they impact professional and personal lives,” […]
Small-cap ETFs went on a wild ride. Can they regain momentum after Trump takes office?
Small-cap ETFs have been on a roller-coaster ride in the first two weeks of the new year.
Starship rocket breaks up midflight, but SpaceX catches booster again
SpaceX’s mega rocket Starship launches for a test flight from Starbase in Boca Chica, Texas, Thursday, Jan. 16, 2025. Eric Gay | AP SpaceX launched the seventh test flight of its Starship rocket on Thursday, but lost communication with the upper stage of the rocket that continues on into space. The company’s webcast showed data stopped transmitting from Starship about […]
Wall Street banks see deal activity picking up, even after record results
Jonathan Gray, president and chief operating officer of Blackstone Inc., from left, Ron O’Hanley, chief executive officer of State Street Corp., Ted Pick, chief executive officer of Morgan Stanley, Marc Rowan, chief executive officer of Apollo Global Management LLC, and David Solomon, chief executive officer of Goldman Sachs Group Inc., during the Global Financial Leaders’ […]
Biden warns that an oligarchy is taking hold in America. There is data to back him up.
Wealth disparity in the U.S. has grown since 2009, according to Fed data, with a significant increase in the share of the nation’s wealth held by the 238,000 richest people.
Bank of America (BAC) earnings Q4 2024
Bank of America on Thursday posted results that topped expectations for profit and revenue on better-than-expected investment banking and interest income. Here’s what the company reported: Earnings: 82 cents vs. 77 cents expected, according to LSEG Revenue: $25.5 billion vs. $25.19 billion expected The company said fourth-quarter profit more than doubled to $6.67 billion, or 82 […]
Target’s holiday sales show a rebound from third-quarter doldrums
Target’s stock soared 3.7% early Thursday, after the retailer raised guidance for a key metric in an update on its holiday sales after achieving records for both Black Friday and Cyber Monday promotional events.
