NFL wants to take percentage of private equity investment profits
Brock Purdy, #13 of the San Francisco 49ers, prepares to take a snap in the first quarter against the Kansas City Chiefs during Super Bowl LVIII at Allegiant Stadium in Las Vegas on Feb. 11, 2024. Michael Reaves | Getty Images The National Football League has informed owners and investment firms that it intends to […]
Bank of Japan official reiterates its readiness for more rate hikes
Bank of Japan Deputy Gov. Ryozo Himino on Wednesday repeated the central bank’s stance of raising interest rates further as long as the economy and prices grow as expected.
Eli Lilly releases new, cheaper form of weight loss drug
Eli Lilly on Tuesday released a new form of its weight loss drug Zepbound for roughly half its usual monthly list price to reach millions of patients without insurance coverage for the popular injection, such as those with Medicare. The move also aims to expand the supply of Zepbound in the U.S. as demand skyrockets, […]
Nordstrom’s shares are up. But executives are staying cautious on the rest of the year.
Shares of Nordstrom Inc. leapt higher after hours on Tuesday after the department-store chain nudged the low end of its full-year sales outlook higher, a move the company said was due to taxes and a “supply chain asset impairment.”
Nordstrom (JWN) earnings Q2 2024
Signage outside a Nordstrom Rack retail store in New York on Aug. 25, 2022. Gabby Jones | Bloomberg | Getty Images Nordstrom on Tuesday posted earnings that blew past Wall Street’s expectations, indicating the department store is making strides in its efforts to cut costs and boost efficiencies. Though the Seattle-based retailer posted earnings per […]
Nvidia’s bonds in demand heading into earnings, as investors eye companies expected to benefit from AI spending
As excitement continues to build ahead of Wednesday’s earnings report from artificial-intelligence juggernaut Nvidia Corp., bondholders have been snapping up the company’s bonds, along with those of others expected to benefit from AI infrastructure spending.
Home prices hit record high in June on S&P Case-Shiller Index
Even as mortgage interest rates were rising, home prices reached the highest level ever on the S&P CoreLogic Case-Shiller U.S. National Home Price Index. On a three-month running average ended in June, prices nationally were 5.4% higher than they were in June 2023, according to data released Tuesday. Despite being a record high for the […]
NFL private equity ownership vote expected to approve select firms
The NFL’s most exclusive club is about to let in new members. At a special league meeting in Eagan, Minnesota, on Tuesday, the National Football League’s 32 owners are expected to vote in favor of allowing select private equity firms to buy up to a 10% stake of a team. Each fund or consortium will […]
‘I don’t want anyone telling me what to do’: My second husband wants to put our $750,000 home in a trust for his children. Does he have the right?
“After I retired I sold my home that we had been living in and it became part of my portfolio.”
Japan’s finance minister vows to carefully monitor effects of possible U.S. rate cuts
Japan’s government will keep a close eye on the impact of possible U.S. interest rate cuts on the Japanese economy, the country’s finance minister said Tuesday.
