Market News
Report: Education Department Ready To Cancel $10,000 Of Student Loans
Forbes - 29 Jul 2022 00:29
Here are the details on potential student loan cancellation for millions of student loan borrowers.
China's Economy Still Looking Worryingly Weak, Key Data Shows
Forbes - 29 Jul 2022 13:57
A key economic indicator continues to show weakness in China Steel production in the second largest economy was down 6.5% in the first six months of the year versus the same period a year earlier.
Better Than Expected Earnings From Apple, Amazon As Investors Look Ahead To Another Busy Week For Markets
Forbes - 29 Jul 2022 14:29
The job of a market strategist is collecting as many data points as possible in an effort to understand what the market is communicating.
Good News For Investors: The Stock Market Is Embracing Inflation Now
Forbes - 29 Jul 2022 01:09
Gone is the angst about two GDP quarters signaling a recession.
SEC Adds Alibaba to List of Chinese Companies Facing Delisting
Wall Street Journal - 29 Jul 2022 23:38
The move came after Alibaba applied for a primary listing in Hong Kong.
July Marked Best Month For Stocks Since November 2020: Here Are The Market's Biggest Winners And Losers
Forbes - 29 Jul 2022 22:40
Crypto businesses recovered some of their losses with a strong month, while a once high-flying pharma company sank to new lows.
China Evergrande Breaks Silence on Debt-Restructuring Plan
Wall Street Journal - 29 Jul 2022 22:15
The troubled property developer sketched out the first contours of a long-awaited restructuring plan.
Exxon Skips Its Victory Lap
Wall Street Journal - 29 Jul 2022 19:00
It will take more than just happy shareholders to keep U.S. oil majors' momentum going.
Verizon Makes Its Stakeholders Happy
Forbes - 29 Jul 2022 18:23
Verizon COO Krista Bourne decided to make it her job to find the person in the company--Frontier, at the time--who could come up with a delightful solution to each letter.
Coinbase Cost Cuts, Netflix Earnings And Factor Investing: Forbes AI Newsletter - July 23rd
Forbes - 29 Jul 2022 17:27
Subscribe to the Forbes AI newsletter to stay in the loop and get AI-backed investing insights, the latest news and more delivered directly to your inbox every weekend.
Big Tech Earnings: Microsoft And Alphabet Signal Q2 Could Be A Bottom
Forbes - 29 Jul 2022 17:24
Big Tech earnings were off to a solid start on Tuesday when Microsoft and Google reported stable revenue growth and margins that are unchanged from recent macro conditions.
Fight Runaway Inflation With I Bonds
Wall Street Journal - 29 Jul 2022 17:15
Stocks, bonds and gold are down this year. But inflation-protected U.S. savings bonds are yielding 9.62%. Here are answers to some common questions about the government-guaranteed investment.
These Consumer Staples Aren't Looking So Safe
Wall Street Journal - 29 Jul 2022 17:06
Makers of household goods from shampoo to toilet paper are struggling to perform their traditional role as safe havens in investor portfolios.
Clean Energy Solar Stocks Sunrun, SunPower Scorch On Good News
Forbes - 29 Jul 2022 16:20
Clean energy got a boost Thursday after Sen. Joe Manchin and Senate Majority Leader Chuck Schumer reached a deal on climate spending.
India's Gig Workers Are Up in Arms, and Tech Firms Should Worry
Wall Street Journal - 29 Jul 2022 15:58
Delivery drivers, crucial to the country's burgeoning tech sector, are starting to push back harder for financial protections.
Student Loan Forgiveness: Internal Documents Reveal Historic Student Loan Relief, But Biden Must Approve
Forbes - 29 Jul 2022 15:55
Here are the details on student loan forgiveness.
Andy Jassy: To Boost Amazon Stock Liberate Services From Products
Forbes - 29 Jul 2022 15:34
Why won't Amazon's board unlock the caged value of AWS and Advertising to make investors better off?
Binance and FTX, Big Crypto Exchanges, Get Bigger
Wall Street Journal - 29 Jul 2022 15:04
Both companies boosted their spot-trading market share amid the market downturn. "The future favors the big."
Argentina On The Verge Of Economic Collapse, Again
Forbes - 29 Jul 2022 14:45
Around 30 months after taking office, the country found itself in a desperate economic situation, with a troubling run on the peso and a faltering economy given the lack of reserves in the Central Bank's coffers.
Car Makers Are Churning Out Profits---From the Passenger Seat
Wall Street Journal - 29 Jul 2022 14:37
It was a banner quarter for many global car makers, but with so many speed bumps ahead the applause may be brief.
Sony is Battling Both Microsoft and a Darkening Economy
Wall Street Journal - 29 Jul 2022 14:29
Sony kept notching new high scores during the pandemic. Now it is navigating the home-entertainment hangover, rising competition and looming recessions in key markets.
Higher prices help Procter & Gamble offset commodity costs, but Tide maker warns of more challenges
CNBC - 29 Jul 2022 14:03
Procter & Gamble reported mixed results for its fiscal fourth quarter and warned it expects "significant headwinds" to persist in its fiscal 2023.