Mark Cuban says he’s leaving ‘Shark Tank’ after its next season
After more than a decade on TV’s “Shark Tank,” billionaire entrepreneur Mark Cuban says the next season of the investment reality show will be his last. “It’s time,” Cuban said on a recent episode of the Showtime podcast “All the Smoke” with Matt Barnes and Stephen Jackson. Cuban, who owns the NBA’s Dallas Mavericks, said […]
Shein files for U.S. IPO, as fast-fashion giant looks to expand its global reach
A Shein Group Ltd. pop-up store inside a Forever-21 store in the Times Square neighborhood of New York, US, on Friday, Nov. 10, 2023. Yuki Iwamura | Bloomberg | Getty Images Shein has confidentially filed to go public in the U.S. as the Chinese-founded fast fashion juggernaut looks to expand its global reach with a […]
Black Friday often kicks off a year-end rally in corporate bonds
Stocks aren’t the only assets that tend to benefit from a seasonal year-end bounce after Thanksgiving. U.S. corporate bonds also often get a lift in the final weeks of each year, especially in periods when the Federal Reserve was cutting interest rates, according to CreditSights. A CreditSights strategy team led by Winnie Cisar found that… […]
Mounjaro superior to Ozempic for weight loss, study says
The blockbuster diabetes drug Mounjaro is more effective for weight loss than another highly popular diabetes treatment, Ozempic, in overweight or obese adults, according to a large analysis of real-world data published Monday. Patients taking Eli Lilly‘s Mounjaro were significantly more likely to lose 5%, 10% and 15% of their body weight overall and saw […]
Zions, Comerica, First Horizon: Regional bank takeover risk
A customer enters Comerica Inc. Bank headquarters in Dallas, Texas. Cooper Neill | Bloomberg | Getty Images A trio of regional banks face increasing pressure on returns and profitability that makes them potential targets for acquisition by a larger rival, according to KBW analysts. Banks with between $80 billion and $120 billion in assets are […]
Deutsche Bank makes the highest S&P 500 forecast on Wall Street — and says that may be too conservative
Deutsche Bank appears to be sitting at the top of Wall Street’s 2024 forecasts for the S&P 500, with a call for the index to reach 5,100 that its strategists say may turn out to be conservative. A team led by Bankim Chadha, the chief U.S. equity & global strategist, said the S&P 500 SPX […]
These money and investing tips serve your portfolio all gravy and no turkey
Don’t miss these top money and investing features: INVESTING NEWS & TRENDS There’s still plenty of time to ride this stock market rally A new seasonally bullish period is beginning. Read More How to make money from retailers’ post-Thanksgiving Black Friday results Retailers’… Master your money. Subscribe to MarketWatch. Get this article and all of […]
China Industrial Profit Continued to Improve in October
Profits at China’s big industrial companies continued to improve in October, thanks to Beijing’s efforts to stimulate domestic demand. Industrial profits rose 2.7% from a year earlier in October, marking the third month of on-year increase, the National Bureau of Statistics said Monday. In the first 10 months of the year, China’s industrial… Master your […]
Congress returns to face big to-do list: Israel and Ukraine aid, possible border or tax deals, and more
Both the House and Senate are due to get back to work this week after their Thanksgiving break, and lawmakers have a lot on their plates. A divided Washington put off the threat of a partial government shutdown until mid-January by enacting a short-term spending bill in mid-November, but the measure didn’t address President Joe […]
Stock market heads into year-end with serious momentum. What that means for December and beyond.
Barring a sudden bout of post-Thanksgiving indigestion, the U.S. stock market looks poised to log a healthy November rally. And while there are certainly no guarantees, history says momentum is likely to beget momentum into year-end. “I think the market is set up for a strong, final six weeks of 2023 and I would expect the […]
