Should investors expect more record highs?
The monthly contrarian update of market-timer sentiment
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Ira L. Black – Corbis | Corbis News | Getty Images The U.S. Small Business Administration plans to unveil new government-backed credit lines of up to $5 million for small businesses, SBA Administrator Isabel Casillas Guzman told CNBC. The SBA is launching a working capital pilot program in the coming months that is designed to […]
Novelis postpones its nearly $1 billion U.S. IPO
Hindalco-backed aluminum recycling company Novelis has postponed its U.S. listing of over $900 million, citing market conditions.
Paramount outlines job cuts, streaming JV plans at annual meeting
A view of Paramount Studios’s water tank as SAG-AFTRA members walk the picket line outside during their ongoing strike, in Los Angeles, California, U.S., September 26, 2023. Mario Anzuoni | Reuters The current leadership of Paramount Global presented a go-forward plan at the company’s annual shareholder meeting Tuesday in the event a sale of the […]
Max increases prices before House of the Dragon
In this photo illustration, the Warner Bros. Discovery logo is displayed on a smartphone screen. Rafael Henrique | Sopa Images | Lightrocket | Getty Images Warner Bros. Discovery‘s Max announced price increases for its ad-free options on Tuesday, as a range of streamers make their memberships more expensive. The move comes only 12 days before […]
EV maker Fisker defaults on $3.5 million short-term loan
Beleaguered electric-vehicle maker Fisker said it had defaulted on a short-term loan given in May.
NBA, NHL voice concerns over reorganization
A Bally Sports display is shown in the eighth inning of the game between the MLB’s Houston Astros and Minnesota Twins at Target Field in Minneapolis, Minnesota, on April 9, 2023. David Berding | Getty Images Sport | Getty Images The National Basketball Association and National Hockey League are concerned over Diamond Sports’ future, and […]
Massachusetts securities regulator ‘looking into’ Roaring Kitty’s activities
Influential trader Keith Gill, also known as Roaring Kitty, recently sparked meme-stock rallies that sent shares of GameStop Corp. and AMC Entertainment Holdings Inc. skyrocketing. But his trading activities have also caught the attention of the commonwealth of Massachusetts securities regulator.
Ford U.S. May sales rise thanks to EVs, hybrids
The Mustang Mach-E on display at the New York International Auto Show on March 28, 2024. Danielle DeVries | CNBC DETROIT – Ford Motor’s U.S. new vehicle sales rose 11.2% last month compared with May of last year, boosted by strong sales growth for all-electric and hybrid models. The Detroit automaker on Tuesday reported roughly […]
My sister inherited $350,000 from her father’s estate, but her husband was diagnosed with dementia. Should they divorce so he can qualify for Medicaid?
“She owns the home in her name only, and has a pension and Social Security. He has a 401(k) and Social Security.”
