Investing
Adidas Chief Executive Bjorn Gulden recently said he didn’t believe that Kanye West “meant what he said,” regarding the megastar’s antisemitic remarks that ended the partnership between the sneaker maker and the rapper last year. Gulden, when asked about the partnership’s demise in a podcast interview that appeared on YouTube…
Investors cheered Klaviyo Inc.’s Wall Street debut on Wednesday, with the digital-marketing software-as-a-service company’s stock opening 22.5% above its initial public offering price following warm receptions for two other high-profile IPOs in the past week. Shares of Klaviyo KVYO pulled back slightly, however, to end Wednesday trading 9.2% higher at…
Hulu is stocking up for Halloween this October, with a ton of spooky shows and movies on tap. That includes Season 2 of FX’s spinoff anthology “American Horror Stories” (Oct. 26); the Stephen King thrillers “Rose Red” (Oct. 1) and “The Boogeyman” (Oct. 5); the Starz horror series “Ash vs.…
Most large cryptocurrencies were down during morning trading on Wednesday, with Polkadot Polkadot USD seeing the biggest change, slipping 0.79% to $4.11. Six additional currencies posted drops Wednesday. Ethereum Ethereum USD inched down 0.70% to $1,631.44, and Cardano Cardano USD sank 0.50% to 25 cents. Dogecoin Dogecoin USD slipped 0.50%……
Shares of FedEx Corp. rallied after hours on Wednesday after the package deliverer raised its full-year profit outlook, as efforts to cut billions in costs — and disruptions at some of its main rivals — helped quarterly results despite continued weaker shipping demand that weighed on sales. Executives, during FedEx’s…
I get approached by many people with small children and newborns who ask, “what should I be doing to save for college?” At the end of the day, it’s a more complicated question than you think. If I had a crystal ball and could see exactly who your child would…
Gold prices settled Monday at their highest in more than two weeks, finding some support from weakness in the U.S. dollar ahead of a Federal Reserve decision on monetary policy later this week.Price actionMarket drivers Gold has been holding its ground, digesting prior gains, while “outside fundamental pressures,” such as…
One of the surprise winners to emerge from a retail industry buffeted by the pandemic, inflation, tangled supply chains, and inventory gluts has managed to double its sales over the past five years with an eclectic product mix that ranges from chicken wire and livestock ropes to pet supplies, to…
Oil futures marked fresh highs for the year on Monday, after posting a third consecutive weekly climb on continued concerns over tightening crude supplies. Price actionMarket drivers Oil has “maintained its momentum thanks to the existence of some potential green shoots among the Chinese macroeconomic indicators,” said Tim Waterer, chief…
Many Federal Reserve policy makers believe another 2023 interest rate hike may be warranted. This information came in September’s Summary of Economic Projections where twelve policy makers forecast that rates would be at 5.5% to 5.75% by the end of 2023. This represents one more interest rate hike from current…