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Root Shares Jump 10% on WSJ Report of Takeover Bid
By Denny Jacob Car-insurance startup Root shares jumped 10%, to $6.64, following a Wall Street…
This Elite 8.4% Dividend Is A ‘Best Buy’ For A Fed Pause
Let’s talk about legitimate financial engineering today. An easy, real and (honestly) no-brainer move to…
Is the Economy in Recession? Not Judging By the Labor Market.
About the author: Anthony Chan is former chief economist at J.P. Morgan Chase. Many economists…
Fed Chair Jerome Powell Sees More Interest Rate Increases to Fight Inflation
The Federal Reserve remains narrowly focused on reining in inflation and will likely be raising…
Amazon Prime Day Is Fast Approaching
Key takeaways Amazon has announced its flagship shopping event, Prime Day, will be taking place…
UBS Fishes for Advisor Talent In First Republic’s Ranks
UBS said it hired three advisors who previously worked in First Republic’s wealth management unit.…
The Fed’s Jefferson and Cook Favor ‘Measured’ Approach to Bank Regulation
Following the failures of several banks earlier this year, Federal Reserve officials have doubled down…
Tesla Sweeps Top Spots in Cars.com American Made Index. Ford, GM Fall Off.
Tesla swept the top four spots on the Cars.com annual list of the most American-made…
Disney Stock Falls on Bearish Analyst Note
Walt Disney stock dipped on Wednesday after an analyst at Needham said sentiment among clients…
Whitbread Announces “Outstanding” Trading At Premier Inn As Group Sales Rise 19%
Soaring demand for cheap hotel rooms drove sales at Whitbread in the last quarter, the…
Amazon poised to ‘close the AI gap’ with rivals, says one of stock’s most bullish analysts
Amazon.com Inc. is perhaps in an interesting spot when it comes to artificial intelligence. On…
FDA approves Eli Lilly and Boehringer Ingelheim’s Jardiance for children 10 and older with type 2 diabetes
The U.S. Food and Drug Administration has approved the use of Jardiance 10 mg and…
Overseas Shipholding’s stock climbs toward 6-year high after doubling its buyback program to $20 million
Shares of Overseas Shipholding Group Inc. OSG, +11.03% powered up 7.8% toward a six-year high…
Group of medical associations file suit saying price setting provisions in Inflation Reduction Act are ‘unconstitutional’
A group of medical associations filed a suit in Texas Wednesday alleging that the price…
Accenture announces AI relationships with Microsoft, Google, Amazon
Accenture PLC ACN, -1.32% said Wednesday it was expanding relationships with Alphabet Inc. GOOG, -2.09%…