Investing
Key takeaways The Apple Store crashed on Friday as customers flocked to pre-order the newly launched iPhone 15 The high-end Pro Max has proven to be the most popular model so far Apple stock is down 2.5% since the Wanderlust event took place last week Wall Street may have shrugged…
Gold futures finished higher on Friday to eke out a gain for the week, finding support from a pullback in the U.S. dollar after a recent drop in the metal’s price to a three-week low. This week’s batch of U.S. inflation reports were seen by some as not alarming enough…
TL;DR The United Auto Workers union have commenced strike action, with 13,000 employees at Ford, GM and Stellantis taking part They are seeking a 40% bump in pay after knocking back a 20% increase from the car manufacturers Meanwhile inflation has started to creep back up, with prices rising by…
U.S. benchmark crude-oil has climbed to its highest price of the year, topping $90 a barrel, with costs for diesel reaching the highest in months as U.S. inflation stays high — and consumers are starting to take notice.On Friday, the October contract for West Texas Intermediate crude CL.1, +1.63% CLV23,…
In 20 years of running the annual Short Sellers Don’t Have Horns short-selling contest, I’ve never had a winner request anonymity. Until now. The winner, whom I will call Sam, is a 22-year-old stock analyst who recently earned a master’s degree in finance from a college in the Boston area.…
Oil futures on Friday mark new highs for the year, tallying a third weekly gain in a row on continued worries over tight supplies.Price action West Texas Intermediate crude CL00, +1.18% for October delivery CL.1, +1.33% CLV23, +1.33% rose 61 cents, or 0.7%, to settle at $90.77 a barrel on…
Key News Asian equities had a rough start to the week except for Mainland China, which outperformed the region while Japan was closed for the “Respect for the Aged Day” holiday. Multiple central banks will meet this week as investors look for interest rate hike guidance. US and China diplomatic…
By Stephen Nakrosis Blink Charging said Chief Operating Officer Mark Pastrone will leave the company to pursue personal interests and new opportunities. Pastrone, who was named COO in December, will serve as an adviser through Oct. 5. The departure is amicable, with no disagreement or dispute with the company, Blink…
The Federal Reserve is not expected to alter short-term rates from their current 5.25%-5.5% level at the next rate announcement on September 20. However, the projections and press conference associated with the meeting will be help signal whether rates could be increased at one of the remaining two Fed meetings…
By Ben Glickman DocGo Chief Executive Anthony Capone has resigned due to personal reasons, the company said in a regulatory filing Friday. Capone will be replaced by President and Chief Operating Officer Lee Bienstock, whose position will remain vacant. Capone’s professional biography on the company’s website was found to have…