"Roaring Kitty" Disappoints, GME Slips 40% After Long-Awaited Livestream
Keith Gill, also known as "Deep-------Value" on Reddit and as "Roaring Kitty" on X and YouTube, conducted his first livestream after the three-year-old meme stock craze.
Jun 10, 2024 9:43 AM EDT
Spotify Leads Potential Price Increase Wave in Audio Streaming Services
Following new pricing increases for its premium US membership plans, Wall Street bulls continue to laud Spotify's (SPOT) outlook, which has led to a spike in the company's shares. The stock has increased by almost 70% since the beginning of the year.
Big Tech Soars, But Can Other Sectors Keep Up to Fuel Market Rally?
Since the start of the most recent stock market rise in October 2022, investors have taken it for granted that Big Tech will continue to expand.
'Zombie' Firms Swell in Ranks, Survival Uncertain
These businesses, known as "zombies," are so deeply indebted that they can barely make ends meet, pay back the interest on their loans, and frequently only one bad business decision away from going out of business forever.
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'Safe' Asset Loses Shine, Leaving High-Net-Worth Investors Reeling
According to a recent analysis from Capgemini Research Institute, as of January 2024, high net worth individuals (HNWI) with investable assets ranging from $1 million to over $30 million increased their exposure to fixed income by five percentage points to 20%. Out of all the main asset classes, that was the highest growth in exposure.
Jun 08, 2024 7:20 AM EDT
Secret Menu for Savings: Restaurant Apps That Hack Your Next Meal
Many restaurants, particularly fast food and fast-casual restaurants provide patrons who use their app with free food or beverages.
Jun 08, 2024 6:53 AM EDT
Hacks to Save on Uber and Lyft
The cost of ride-sharing may quickly go up, particularly if you require a trip during a price spike. However, there are methods to avoid having to spend top price.
Jun 07, 2024 12:50 PM EDT
Forget Waiting for the "Right Time": Why Investing Now Makes Sense
One of those things that we put off till "someday" is investing; perhaps you'll discover the ideal time in life to make the investment, or perhaps you won't have enough money to invest now. Perhaps you're delaying investing until after you've paid off your school debts or make your first home purchase.
Jun 07, 2024 12:20 PM EDT
Tipping Trends: Survey Shows Consumer Behavior Shifting
According to a Bankrate study issued on Wednesday, the number of respondents who say they always tip their hair stylists, wait staff at sit-down restaurants, and food delivery workers has decreased by 8 percentage points since 2021.
Jun 07, 2024 11:42 AM EDT
Feds Sue Largest US Booze Distributor for 'Secret Kickbacks' to Retailers
The Federal Trade Commission is planning an antitrust action against the largest U.S. alcohol distributor, Southern Glazer's Wine and Spirits.
Jun 07, 2024 6:59 AM EDT
Car Costs Climb Despite Price Dips: Maintenance, Gas Squeeze Budgets
Although the cost of new and used automobiles has decreased recently, having a car is becoming a more costly proposition overall.
Jun 07, 2024 12:05 AM EDT
Top Airline Credit Cards for June 2024
When making large airline purchases, one method to make sure you get the highest return is to use the appropriate credit card. Along with all you need to know about selecting a travel credit card to save money on upcoming flights, here are our current top selections for airline credit cards.
Jun 06, 2024 12:04 PM EDT
Lab-Grown Diamonds Squeeze Prices, Putting Traditional Gem Market Under Pressure
According to Zimnisky's rough diamond index, diamond prices have dropped 5.7% so far this year, down more than 30% from their peak in 2022.
Jun 06, 2024 12:03 PM EDT
US Vitamins Supplier Attempts to Increase Prices of Vitamins A, E, and Others
Vitamin E and A are still under pressure to rise. There is rising pricing pressure from US suppliers, particularly for vitamin A.
Jun 06, 2024 12:01 PM EDT
Treasury to Re-enter Bond Market as Buyer, Citing Liquidity Concerns
According to a Treasury official on Wednesday, the Treasury repurchase program should increase liquidity in the US government bond market while other measures will provide pricing transparency and insight into the use of leverage.
Jun 06, 2024 11:55 AM EDT
US Ether ETF Launches Hinge on Issuer Readiness, Says SEC Chair
Exchange-traded funds (ETFs) linked to the cryptocurrency ether will likely start trading in tandem with the speed at which issuers react to the U.S. Gary Gensler, the chair, responded to the Securities and Exchange Commission's questions on Wednesday.
Jun 06, 2024 11:54 AM EDT
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