Market News
Restaurants Add New Fees to Your Check to Counter Inflation
Wall Street Journal - 2 Jun 2022 14:00
Restaurant checks now come chock-full of fees for everything from "kitchen appreciation" to "wellness."
Dow Jumps 400 Points, Tech Stocks Rally Despite Gloomy Outlook From Microsoft
Forbes - 2 Jun 2022 22:17New Options for Using Leftover '529' Plan Funds
Wall Street Journal - 2 Jun 2022 17:00
Thanks to recent legislation, possibilities now include student-loan repayment for both beneficiaries and their siblings.
Sycamore, Franchise Group Submit Bids for Kohl's
Wall Street Journal - 2 Jun 2022 23:43
Sycamore's bid values the Wisconsin department-store chain in the mid-$50s a share and Franchise Group's bid values Kohl's around $60 a share, according to people familiar with the matter.
Lululemon raises guidance as customers keep spending despite higher prices
CNBC - 2 Jun 2022 23:03
Lululemon expects the momentum in its business to continue in spite of broader economic headwinds.
Gemini Crypto Exchange Operator Sued Over Role in Bitcoin Futures Product
Wall Street Journal - 2 Jun 2022 22:32
The Commodity Futures Trading Commission accused Gemini of misleading regulators about how a pricing auction worked.
Why Are Amazon, Alphabet And Tesla All Splitting Their Stocks?
Forbes - 2 Jun 2022 21:50How a Strong Dollar Hits Microsoft, Other Big U.S. Companies
Wall Street Journal - 2 Jun 2022 21:09
Microsoft shares suffered after the company cut its guidance, citing the dollar's gains. Here's why the U.S. currency has climbed so much and what that means for companies.
What neobank debit cards offer to customers
livemint.com - 2 Jun 2022 20:45
Neobank debit cards come with benefits such as zero forex charges and additional reward points
How you should invest to get a corpus of ₹1.2 crore by 2038
livemint.com - 2 Jun 2022 20:33
It is crucial to ensure that you have adequate term life insurance cover so that the education goals are not compromised in case there is an impact of savings potential due to an unexpected event
Dalal Street veteran Vijay Kedia's stock investment principle: SMILE
livemint.com - 2 Jun 2022 20:28
Vijay Kedia, whose portfolio comprises small and mid-caps, says he is an insecure investor
Tiger Global's Hedge Fund Lost 52% for the Year Through May
Wall Street Journal - 2 Jun 2022 19:14
The losses have prompted the firm to cut its management fee by 0.5% through December 2023 in both its hedge fund and long-only fund.
OPEC's Nod to Biden Will Help Saudis, Not Oil Users
Wall Street Journal - 2 Jun 2022 18:36
The group has finally agreed to boost production targets, but the move has less to do with easing prices for consumers than with Saudi Arabia's diplomatic interests in Washington.
Earnings Preview: What To Expect From RH On Thursday
Forbes - 2 Jun 2022 18:15Victoria's Secret Reports Consensus Beating 1Q22 Results; Maintain Buy
Forbes - 2 Jun 2022 18:13Earnings Preview: What To Expect From Lululemon On Thursday
Forbes - 2 Jun 2022 17:30Cisco Systems Stock Set To Rebound After Weak Performance Last Month?
Forbes - 2 Jun 2022 17:00Banks Now Have $2 Trillion Worry
Wall Street Journal - 2 Jun 2022 16:31
Continuing flows of cash into the Federal Reserve's reverse repo facility may portend more-intense deposit competition.
Microsoft lowers fourth-quarter guidance, citing unfavorable foreign exchange rates
CNBC - 2 Jun 2022 16:29
In an investor slide deck, Microsoft said it lowered its revenue guidance as a result of unfavorable foreign exchange rate movement.
401(k) Provider Sues Labor Department Over Handling of Crypto in Retirement Plans
Wall Street Journal - 2 Jun 2022 15:42
ForUsAll is seeking to invalidate recent agency guidance that says companies that offer cryptocurrencies in retirement plans should expect to be investigated.