Italy’s Prime Minister Giorgia Meloni faced a strong market backlash on Wednesday, after she announced a plan to impose a windfall tax on banks and...
Money Market Sweep Accounts: What Are They and How Do They Work?
Money market sweep accounts are a type of bank or brokerage account that automatically transfers excess cash into a higher interest-earning investment option, usually a...
Stocks Surge as China Loosens Travel Curbs: Markets Wrap
Stocks around the world rallied on Friday, as China announced that it would ease some of its travel restrictions amid a decline in Covid-19 cases....
Tapestry to Acquire Capri Holdings, Creating a U.S. Luxury Giant
Tapestry, the parent company of Coach, Kate Spade, and Stuart Weitzman, is close to finalizing a deal to acquire Capri Holdings, the owner of Michael...
Amyris Files for Bankruptcy, Plans to Sell Consumer Brands
Amyris, a biotech company that produces sustainable ingredients for various industries, has filed for Chapter 11 bankruptcy protection in the U.S. on Wednesday. The company...
How the 2025 Cadillac Escalade IQ Challenges the Tesla Model X and the Mercedes EQS SUV
The 2025 Cadillac Escalade IQ is the electric version of the iconic luxury SUV, and it aims to compete with the Tesla Model X and...
Natural Gas Breaks Out to New Highs as Bullish Trend Continues
Natural gas prices soared to new highs on Tuesday, reaching the highest level since May 22, as the bullish trend continued to dominate the market....
China’s Deflation and US Inflation: How They Affect Asian Markets
Asian markets fell on Thursday, as investors were worried about China’s deflation and the upcoming US inflation report. China’s consumer prices dropped for the first...
Yellow’s Bankruptcy Plan: How It Plans to Repay Its Loans
Yellow Corp., the trucking company that received a $700 million loan from the U.S. government during the pandemic, filed for Chapter 11 bankruptcy protection on...
Novo Nordisk Raises Outlook as Wegovy Demand Surges, But Limits US Supply
Novo Nordisk, the Danish pharmaceutical company, announced on Thursday that it had raised its full-year outlook for the second time this year, as its sales...
Proterra’s Bankruptcy and Nasdaq Delisting: What Went Wrong for the EV Bus Maker
Proterra, a company that makes electric buses and batteries, filed for Chapter 11 bankruptcy protection on Monday, August 7, 2023, after failing to repay its...
How to Earn $1,000 in Two Weeks with J&J Stock Exchange Offer
Johnson & Johnson (JNJ), the global healthcare giant, is offering its shareholders a rare opportunity to make a quick profit by exchanging their shares for...
Why Warren Buffett Loves This Stock, But You Should Think Twice Before Buying It
Warren Buffett, the legendary investor and CEO of Berkshire Hathaway (BRK.A, BRK.B), is known for his long-term value investing strategy and his knack for picking...
Disney’s Streaming and TV Woes: A Double Whammy for the Media Giant
Disney, the world’s largest media and entertainment company, is facing a tough challenge as it tries to balance its streaming and traditional TV businesses. The...
TSMC Faces Opposition from US Union over Taiwanese Workers
TSMC (TSM), the world’s largest contract chipmaker and a key supplier for Apple (AAPL), is facing opposition from a US union over its plan to...
How a Beer Billionaire Invests in Stocks with the Help of His Ex-Babysitter
Jim Koch, the co-founder and chairman of Boston Beer Company (SAM), the maker of Samuel Adams beer, has a unique way of investing in stocks....