financial news
- Stock Market
Is the U.S. stock market closed on Memorial Day?
The U.S. stock market is closed on Monday, May 29 for Memorial Day, as is the bond market, but the…
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Bill Ackman resurrects billionaire feud, saying Carl Icahn needs a friend
“‘Icahn’s favorite Wall Street saying: “If you want a friend, get a dog.” Over his storied career, Icahn has made…
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Oil prices end at a more than 3-week high after this year’s largest weekly drop in U.S. inventories
Oil futures ended Wednesday at their highest in more than three weeks after the U.S. government reported a more than…
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Most stocks end up losing you money. So what’s a stock-market investor to do?
If you’re going to try to retire early and rich by picking the right stocks, there’s something you should know…
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Dow ends up 400 points on optimism about potential debt-ceiling deal, rebound in regional banks
U.S. stocks finished sharply higher on Wednesday with the Nasdaq Composite logging its highest close since August 2022, buoyed by…
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Why the stock market will struggle to rally until debt ceiling, bank woes are in rearview mirror
So much for the stock-market climbing the proverbial wall of worry. The S&P 500 index continues to struggle in a…
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U.S. stock futures struggle as first full week of earnings season comes to a close
U.S. stock futures on Friday pointed to a quiet end to the first full week of earnings season, amid further…
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The cable guy introduced a ‘friend’ to my 90-year-old stepmother who fleeced her. Am I legally responsible if my stepmother ends up destitute?
Approximately five years ago, my 90-year-old stepmother’s cable guy introduced her to his sister because they were both widows, and…
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U.S. oil refiners looking at ‘record’ Q1 profits ahead of peak summer season
U.S. oil refiners are expected to report “record” quarterly profits during a traditionally weak season, analysts at BofA Securities said…
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Megacap growth and tech stocks may extend recent uptrend, driven by earnings beats and rising forward estimates: Deutsche Bank
Megacap growth and tech stocks have powered robust gains on Wall Street this year, with big tech shares gaining safe-haven…
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