Month: March 2022
Apple shares on pace for best daily winning streak since 2003
CEO of Apple Tim Cook attends the 2022 Vanity Fair Oscar Party following the 94th Oscars at the The Wallis Annenberg Center for the Performing Arts in Beverly Hills, California on March 27, 2022. Patrick T. Fallon | AFP | Getty Images Apple shares rose on Tuesday, putting them on track to close higher for […]
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Democrats demand Supreme Court’s Clarence Thomas recuse himself from key 2020 election, Capitol riot cases over wife’s push to overturn Biden win
Two dozen Democratic lawmakers demanded that Supreme Court Justice Clarence Thomas “promptly recuse himself” from future cases related to pro-Trump efforts to challenge the 2020 election results, including those tied to the Jan. 6 Capitol riot. In a letter dated Monday, 24 Democrats in the House and Senate asked the senior justice to “immediately issue […]
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Stocks making the biggest moves midday: GameStop, Uber, Nielsen Holdings and more
A screen displays the logo and trading information for GameStop on the floor of the New York Stock Exchange (NYSE) March 29, 2022. Brendan McDermid | Reuters Check out the companies making headlines in midday trading. GameStop — Shares of the video game retailer dropped 6% on huge trading volume. More than 8 million shares […]
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Goldman Sachs is buying corporate retirement plan robo-advisor NextCapital
A sign is displayed in the reception area of Goldman Sachs in Sydney, Australia. David Gray | Reuters Goldman Sachs has agreed to acquire NextCapital, a Chicago-based fintech firm that provides automated advice to corporate retirement plan participants. The bank said Tuesday in a release that the deal, the terms of which were not disclosed, […]
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Consumers have saved more than $100 billion in health savings accounts
Morsa Images | Digitalvision | Getty Images Health savings accounts eclipsed $100 billion by the end of January, according to Devenir, an HSA investment consultant, as more consumers use the tax-advantaged accounts to save for future health costs. The firm forecasts HSA funds will hit $150 billion by the end of 2024. “The growth is […]
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Credit Suisse faces $500 million plus bill after ex-Georgian PM wins court case
A Credit Suisse logo in the window of a Credit Suisse Group AG bank branch in Zurich, Switzerland, on Thursday, April 8, 2021. Stefan Wermuth | Bloomberg | Getty Images A Bermuda court on Tuesday ruled former Georgian Prime Minister Bidzina Ivanishvili and his family are due damages “substantially in excess of $500 million” from […]
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Biden’s budget proposes tax hike on married filers making more than $450,000
President Joe Biden introduces his budget request for fiscal year 2023 on March 28, 2022 in Washington. Anna Moneymaker | Getty Images President Joe Biden released his 2023 federal budget request on Monday, calling to hike the top marginal income tax rate to 39.6% from 37%, a proposal floated by the administration last year. The […]
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Aircraft leasing giant casts doubt on renting to Russian airlines again after Putin seizes planes
An Airbus A321-211 aircraft of Russian airline Aeroflot with registration VP-BOE is pictured on a long term parking at Cointrin airport in Geneva, Switzerland, March 9, 2022. Denis Balibouse | Reuters The CEO of major aircraft-leasing company Avolon on Tuesday accused Russia of “robbery” after President Vladimir Putin’s government seized several leased planes. The ordeal […]
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Sanctions on Russia to continue until we see de-escalation, Italian foreign minister says
ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via Email Italian Foreign Affairs Minister Luigi di Maio discusses the latest developments in the Russian invasion of Ukraine, tightening economic measures, Ukraine potentially joining the bloc and the future of European defense. 08:31 Tue, Mar 29 202211:12 AM EDT Source
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Meme stocks GameStop and AMC tumble Tuesday on heavy trading volume
A GameStop location in New York, Dec. 23, 2021. Scott Mlyn | CNBC Meme stocks tumbled on Tuesday with huge trading activity in the shares. GameStop dropped more than 9% with more than 6 million shares traded through 10:15 a.m. ET, already more than its 30-day average full-day volume of 4.6 million. AMC Entertainment shares […]
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