Risk Capital and Markets: A Temporary Retreat or Long Term Pull Back?
As inflation has taken center stage, markets have gone into retreat globally, and across asset classes. In 2022, as bond rates have risen, stock prices...
GM stock slumps after earnings warning, as chip shipment timing and supply chain disruptions weigh
Shares of General Motors Co. dropped 1.7% in premarket trading Friday, after the automaker warned of a second-quarter earnings shortfall, as vehicle wholesale volumes were...
U.S. stocks open slightly lower as third quarter begins
U.S. stocks opened lower on Friday ahead of a long holiday weekend as markets kicked off the second half of the year in the red....
Panera, SPAC USHG Acquisition end partnership deal as a Panera IPO is now ‘unlikely’ near term
USHG Acquisition Corp. and Panera Brands Inc. said Friday that they have decided to end their partnership, as deteriorating market conditions has made it "unlikely"...
Alcoa’s stock slumps as ‘operational challenges’ leads to partial curtailment of Indiana facility
Shares of Alcoa Corp. slumped 3.5% toward a seven-month low in afternoon trading Friday, after the aluminum producer said it will immediately start curtailing one...
Biden says Dems need ‘two more votes’ in the Senate to change the filibuster and codify abortion rights
President Biden called on Americans to vote in November to expand Democrats majority in the Senate by 2, so that his party has the votes...
Gold pares losses after a dip below the key $1,800 mark; silver settles at a 2-year low
Gold futures pared much of their losses by Friday’s settlement, after a dip below the key $1,800-an-ounce mark, while worries that a recession would hurt...
NYC REIT stock drops after dividend suspended to help fund leasing commitment, tenant improvement costs
Shares of New York City REIT Inc. slid 1.7% in afternoon trading Friday, after the real estate investment trust that owns a portfolio of commercial...