Month: September 2024
Nasdaq climbs 1% as Wall Street bounces back from inflation report sell-off: Live updates
A trader works on the floor of the New York Stock Exchange during afternoon trading on Sept. 5, 2024. Michael M. Santiago | Getty Images Stocks seesawed Wednesday, trading in wide ranges, as traders weighed what the latest U.S. inflation data means for Federal Reserve policy. Tech shares led a rebound from steep session lows. […]
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Trump tariffs will fuel supply chain inflation and consumers will pay the price, trade experts warn
A cargo ship is sailing towards the docking of a foreign trade container terminal in Qingdao Port, Shandong province, in Qingdao, China, on June 7, 2024. Costfoto | Nurphoto | Getty Images Trade analysts are warning that new tariffs threatened by former President Donald Trump, which he doubled down on during Tuesday night’s presidential debate, […]
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Restaurant chain BurgerFi files for Chapter 11 bankruptcy protection
A BurgerFi location is seen on August 20, 2024 in Arlington, Virginia. Tierney L. Cross | Getty Images BurgerFi filed for Chapter 11 bankruptcy protection on Tuesday, less than a month after it warned investors it had “substantial doubt” about its ability to operate. The company joins the growing list of restaurant chains that have […]
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Caroline Ellison seeks to duck prison sentence for role in FTX collapse
Caroline Ellison, former chief executive officer of Alameda Research LLC, arrives to court in New York, US, on Thursday, Oct. 12, 2023. Bloomberg | Bloomberg | Getty Images Lawyers for Caroline Ellison, the star witness in the prosecution of FTX founder Sam Bankman-Fried, are recommending no prison time for their client’s role in the implosion […]
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Trading the election: Watch these pro-Harris stocks as her odds rise following the debate
Investors and Wall Street analysts may want to take a closer look at stocks that could be winners under a President Kamala Harris after Tuesday night’s debate . The current vice president’s debate with former President Donald Trump was widely seen as a win for the Democrat, and the ods of Harris winning in November […]
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Solar stocks get a Harris bump. What the charts say about whether the rally is for real
With the broad equity markets selling off after the latest inflation data on Wednesday, one industry group bucked the trend and surged higher. Solar stocks jumped to the top of the leaderboard in reaction to the presidential debate on Tuesday evening, fueled by renewed optimism for renewable energy in the result of a victory by […]
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Stocks making the biggest moves midday: GameStop, Viking Therapeutics, Trump Media and more
Check out the companies making headlines in midday trading. Trump Media & Technology — The stock fell more than 13% following Tuesday’s debate between majority shareholder former President Donald Trump and Democratic Vice President Kamala Harris. On Wednesday, Trump Media hit its lowest intraday level since going public on the Nasdaq in late March. Rentokil […]
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House Speaker Johnson pulls government funding bill after GOP support collapses
Speaker of the House Mike Johnson, R-La., conducts a news conference in the Capitol Visitor Center after a meeting of the House Republican Conference on Tuesday, September 10, 2024. Tom Williams | CQ-Roll Call, Inc. | Getty Images House Speaker Mike Johnson on Wednesday cancelled a planned vote on a stopgap funding bill that could […]
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This government-backed startup is growing blood to help fight shortages
Safi employees at work. Courtesy of Safi Biotherapeutics Last month, the American Red Cross declared an emergency blood shortage after its national supply fell by more than 25% in July. One startup’s solution: Lab-grown blood. Shortages can be dire for patients since doctors have to make tough decisions about who needs blood transfusions the most. […]
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‘It will come.’ Booking Holdings CEO Glenn Fogel on how travelers will book trips in the future
ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via Email Rather than travelers sitting down to plan trips, “I want us to be going to the traveler” with recommendations based on travelers’ prior trips, Booking.com’s CEO Glenn Fogel told CNBC’s Monica Pitrelli. Source
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