business news
Stocks making the biggest moves midday: Tellurian, Wynn Resorts, Snap, Walgreens and more
Water from a fountain sprays into the air in front of signage for the Wynn Macau casino resort. David Paul Morris | Bloomberg | Getty Images Check out the companies making headlines in midday trading Friday: Tellurian — The liquified natural gas company (LNG) surged 19.4% after Credit Suisse upgraded Tellurian to outperform, saying LNG […]
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These are JPMorgan’s top stock picks for April
A background-screening company and three other names were added to analysts’ monthly top stock picks. Source
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Investing may be getting too complex for retail investors — and even professional brokers
As more cutting-edge investment products work their way into the marketplace, there’s growing fear retail investors and even professional brokers are getting in over their heads. Former SEC attorney David Gorman, who’s now a partner at Dorsey & Whitney, contends complex products designed for profits are creating unprecedented risks and U.S. regulators are taking notice. […]
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Markets will be looking for clues from the Fed ahead, as historically strong month gets underway
Traders work on the floor of the New York Stock Exchange (NYSE) in New York City, U.S., March 29, 2022. Brendan Mcdermid | Reuters The stock market is heading into what promises to be a volatile second quarter, but April is traditionally the best month of the year for stocks. The major indices were higher […]
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$100 million New Jersey deli owner Hometown International just announced a merger with a bioplastics firm
Your Hometown Deli in Paulsboro, N.J. Google Earth Hometown International — that odd, publicly traded company with a market capitalization of more than $100 million despite owning just one small New Jersey deli — has announced plans to merge with Makamer, a private bioplastics start-up firm. The money-losing Your Hometown Deli in Paulsboro, N.J., which […]
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World Cup 2022: Dates, draw, schedule, kick-off times, final for Qatar tournament
Gio Reyna #11 of the United States is marked by Daniel Chacon #6 of Costa Rica during a FIFA World Cup qualifier game at Estadio Nacional de Costa Rica on March 30, 2022 in San Jose, Costa Rica. Brad Smith | ISI Photos | Getty Images Sport | Getty Images From key dates to kick-off […]
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Oil reserve release could actually boost prices long-term, analysts say
President Joe Biden announced the largest release of emergency oil reserves on record. Wall Street firms said this could raise crude prices in the long term. Source
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Soaring markets helped the richest 1% gain $6.5 trillion in wealth last year, according to the Fed
Warren Buffett and Jeff Bezos Lacy O’ Toole | CNBC; Getty Images The wealth of America’s wealthiest people, such as Warren Buffett and Jeff Bezos, increased by a total of $6.5 trillion last year, mainly driven by soaring stock prices and financial markets, according to the Federal Reserve. The total wealth of the 1% reached […]
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Long-term unemployment tumbles in March as job market stays hot
A job seeker receives information from a recruiter during a job fair in Miami on Dec. 16, 2021. Eva Marie Uzcategui/Bloomberg via Getty Images The ranks of the long-term unemployed fell again in March, edging closer to prepandemic levels as the job market offers ample opportunity for workers. Long-term unemployment is a period of joblessness […]
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Amazon workers on Staten Island vote for company’s first unionized warehouse in U.S.
Jason Anthony, a member of Amazon Labor Union, speaks to members of the media during the vote count to unionize Amazon workers outside the National Labor Relations Board offices in New York, U.S., on Friday, April 1, 2022. Jeenah Moon | Bloomberg | Getty Images Employees at an Amazon warehouse on New York’s Staten Island voted Friday […]
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