Investing
There’s no ducking it now. The widespread, serious negatives have reached a critical level. There are no cures available except a major reset of investor beliefs, rationale and expectations. Importantly, this reset is not of the “typical” overoptimistic, fad-driven, easy-money booms. Instead, it is the return to traditional capital market…
Football legend Tom Brady wants back in the NFL. After retiring at the end of last season, Brady is attempting to buy a minority stake in the Las Vegas Raiders franchise, but he’s hitting some roadblocks. Brady is seeking to buy 10% of the Raiders for $175 million, which would…
The United Auto Workers said Friday it has made progress in the negotiations with the Big Three carmakers, and didn’t announce any new plants that would expand its ongoing strike. Nearly 34,000 workers at Ford Motor Co. F, +0.95%, General Motors Co. GM, +1.13% and Stellantis NV STLA, -0.37% are…
The last week has been good for token investors. The S&P 500 has dropped 1.7% amid Middle East tensions. The Barclays Aggregate Bond Index is down 1.3% as the 10-year Treasury yield hovers near 5%, a level it hadn’t crossed since 2007. But amid the tumult, Bitcoin has soared more…
Shares of lithium miner Albemarle Corp. on Wednesday traded at their lowest in more than two years, after being hit by a rating downgrade from analysts at BofA Securities. The analysts downgraded their rating on the miner’s stock to the equivalent of sell, from hold, and lowered their price target…
Fast-food chicken chain Chick-fil-A has reportedly agreed to pay customers $4.4 million in rebates or gift cards to settle a class action suit filed after it lowered delivery fees but up-charged the food being delivered without letting users know. Chick-fil-A did not admit guilt in the case but will create a…
Gold has climbed close to $100 an ounce since Hamas attacked Israel more than week ago, but investors shouldn’t expect to see a straight shot higher for prices, even as geopolitical turmoil tends to lift demand for so-called safer investments. “Investors are fleeing to safe-haven assets during times of geopolitical…
A lifting of U.S. sanctions on Venezuelan oil would lead to more oil on the global markets but mark the start of a “long journey” for the South American country’s efforts to boost production, economists at Capital Economics said on Monday. The Biden administration and the government of Venezuelan President…
Oil futures ended lower on Monday after a jump at the end of last week, with prices pressured by a report that the U.S. may have reached a deal with Venezuela to ease sanctions. Traders also continued to monitor the Israel-Hamas war amid fears the conflict could escalate, threatening supplies.…
Oil futures finished Tuesday on a mixed note, with U.S. prices unchanged for the session and global benchmark crude settling with a modest gain, after posting losses in the previous session on renewed talks that could ease U.S. sanctions on crude exports by Venezuela. Traders continued to watch on developments…