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Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.BP announced it will drill a new oilfield in the Gulf of Mexico as the energy major’s second-quarter profits surpassed forecasts.The London-listed company said on Tuesday that it would build a sixth…
The Supreme Court’s toughest cases during Chief Justice John Roberts’ tenure have often generated internal suspense, with shifting votes, last-minute switches and the chief’s own push toward compromises that would lessen the appearance of politics. Not so this spring, when the six Republican-appointed conservatives established a far-reaching immunity from prosecution…
When considering retirement, many pre-retirees and recent retirees focus on the vacation part, making plans to travel and pursue interests and hobbies. You might also be looking forward to the initial honeymoon phase of retirement, when you don’t have to wake to an alarm clock, quickly wolf down breakfast, and…
Our goal here at Credible Operations, Inc., NMLS Number 1681276, referred to as “Credible” below, is to give you the tools and confidence you need to improve your finances. Although we do promote products from our partner lenders who compensate us for our services, all opinions are our own. The…
DETROIT – The last time shares of Ford Motor dropped by more than 18% in a day, as they did last week, the U.S. automotive industry was on the brink of bankruptcy during the Great Recession.Ford, which avoided bankruptcy in 2008-2009, is far from any sort of such disaster, but…
We’re making four trades Monday morning. Shortly after the opening bell, we will be selling 100 shares of Danaher at roughly $274.13. Following the trade, Jim Cramer’s Charitable Trust will own 475 shares of Danaher, decreasing its weighting in the portfolio to 4% from 4.84%. In addition, we will be selling…
Inflation has caught up with McDonald’s, and budget-conscious Americans are looking elsewhere for their fast-food fix. But McDonald’s believes it has a solution: Value meals. McDonald’s on Monday reported that sales at US stores open at least a year fell 0.7% last quarter from the same period a year earlier,…
“It ain’t what you don’t know that gets you into trouble. It’s what you know for sure that just ain’t so.” – Maybe Mark Twain but could be Josh Billings or someone else entirely The Great Rotation from large cap stocks to small cap and value stocks, that started a…
Many European pharma executives have something in common with Olympic athletes. As this summer’s Paris games will prove, being an “also-ran” can be brutal. Sponsors love winners, even if other competitors have compelling stories. In the pharma sector, investors’ approach is no different.The market’s obsession with weight loss treatments has…
Text messages between law enforcement before the assassination attempt against Donald Trump earlier this month suggest that some officers raised the shooter’s presence at the rally more than 90 minutes before he climbed onto a roof and fired eight rounds at the former president. In text messages obtained by Republican…