SoftBank Makes Billions on T-Mobile, Investors Cheer
The announcement that SoftBank Group Corp will get shares in telecom T-Mobile US valued at about $7.59 billion at no additional cost caused a 5% increase in the Japanese conglomerate's stock.
Dec 27, 2023 6:00 AM EST
Apple Fights for Watch Future as US Ban Looms Large
In response to a complaint from the medical monitoring technology firm Masimo, Apple on Tuesday challenged a decision to prohibit imports of its watches after U.S. The administration of President Joe Biden chose not to veto a federal tribunal.
Americans Defy Inflation Blues with Booming Holiday Spending
According to the most recent assessment, holiday sales increased this year and spending held steady over the shopping season despite Americans grappling with rising costs in certain places and other financial concerns.
Nasdaq Ready to Rocket in 2024? This "Magnificent Seven" Stock Could Lead the Charge
Though it is already fading in memory, Wall Street's worst performance in recent memory was the market turmoil of 2022. As of Tuesday's market closing, the Nasdaq Composite had risen 43% this year after falling more than 35% the previous year.
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Delimobil Gears Up for Historic Public Offering in 2024
Three finance sources said on Monday that Delimobil, a car-sharing firm, would be the first Russian company to make a long-awaited initial public offering (IPO) in 2024. The listing could raise up to 4 billion roubles ($43.5 million).
Dec 26, 2023 11:00 AM EST
Santa Rally Turns Sleigh Swerve? Economic Jitters Threaten High-Flying Market
The Federal Reserve is getting closer to its target of getting inflation back to 2%, according to inflation figures released on Friday. This puts the central bank on the path to lowering interest rates.
Dec 26, 2023 9:23 AM EST
Stringent Laws Put Vaping Businesses on Thin Ice
There is a reckoning coming for the vaping industry. Concerned about the growth in youth vaping and nonsmokers developing addictions, governments are moving to prohibit the sale of disposable vaporizers.
Dec 26, 2023 4:59 AM EST
El Niño's Weather Woes Could Make Your Holiday Desserts Costly
A specialized agricultural and agribusiness bank predicts that customers will likely see a massive price increase for raw commodities affected by El Niño in 2023. Thus far this year, soft commodities have seen enormous gains.
Dec 25, 2023 9:38 PM EST
Do I Need a Financial Advisor? Here's How They Can Help You
Many people have big financial plans for the new year, such as paying off debt, increasing investments, and setting aside money for emergencies.
Dec 25, 2023 4:10 AM EST
How Students Can Set Realistic Financial Goals
An individual student may lay the foundation for a prosperous financial future, or even financial independence, with a bit of preparation and financial education.
Dec 25, 2023 3:20 AM EST
Retirement Planning Tips: How to Start Preparing Your Fund Today
Retirement planning entails determining sources of income, estimating spending, starting a savings strategy, and controlling risk and assets. Discover how to calculate future cash flows to determine the target retirement income.
Dec 25, 2023 2:30 AM EST
Want to Start a Business? Here's the Average Cost to Start a Small Income-Generating Project
Almost often, a small firm must make an initial investment to launch. Numerous factors can determine how much beginning capital you require. While some companies may start out for as low as $12,000, others might cost up to $400,000 or more.
Dec 25, 2023 1:40 AM EST
Bitcoin Exchange-Traded Funds (ETFs) Launch in the US: Two Potential Risks, Problems That May Arise
According to Coinbase experts, the introduction of spot Bitcoin exchange-traded funds (ETFs) in the US may result in a lack of "regulated" Bitcoin and harm a well-liked trading method.
Dec 25, 2023 12:01 AM EST
Karuna Soars 47% After $14B Bristol Myers Buyout
On Friday, Bristol Myers Squibb said that it has reached a deal to purchase Karuna Therapeutics, a biopharmaceutical business, for $14 billion in cash, or $330 per share.
Dec 23, 2023 11:03 AM EST
US Inflation Crashes, Easing Economic Pressure
Another indication that inflation is abating and that Americans should profit from lower interest rates and be spared from excruciating price shocks in 2024 is the Federal Reserve's preferred price index, which decreased last month.
Dec 23, 2023 10:32 AM EST
Nike & Foot Locker Crumble as Growth Projections Shrink
Nike's stock fell on Friday after the sportswear manufacturer reduced its forecast for fiscal year sales, citing Foot Locker as a major source of income.
Dec 23, 2023 9:45 AM EST
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