Market Watch

Halliburton Co. stock rises Tuesday, outperforms market

Shares of Halliburton Co. HAL, rose 1.93% to $23.76 Tuesday, on what proved to be an all-around grim trading session for the stock market, with the S&P 500 Index SPX, falling 0.21% to 3,647.29 and Dow..
Market Watch

Hasbro Inc. stock underperforms Tuesday when compared to competitors

Shares of Hasbro Inc. HAS, slipped 2.36% to $69.44 Tuesday, on what proved to be an all-around poor trading session for the stock market, with the S&P 500 Index SPX, falling 0.21% to 3,647.29 and Dow ..
Market Watch

Hanesbrands Inc. stock underperforms Tuesday when compared to competitors

Shares of Hanesbrands Inc. HBI, slid 3.03% to $7.37 Tuesday, on what proved to be an all-around rough trading session for the stock market, with the S&P 500 Index SPX, falling 0.21% to 3,647.29 and Do..
Market Watch

Biden White House says critics can 'opt out' as plan to forgive student loans draws lawsuit

White House press secretary Karine Jean-Pierre defended President Joe Biden's plan to forgive a big tranche of student loans after it drew a lawsuit on Tuesday from the libertarian Pacific Legal Found..
Market Watch

Fed officials are in rare unanimity on bringing inflation back down to 2% target, Kashkari says

Federal Reserve officials in rare agreement on the goal of bringing inflation down to the 2% target, said Minneapolis Fed President Neel Kashkari said Tuesday. “The only other time I have seen us thi..
Market Watch

The Federal Reserve thinks inflation is higher than it actually is because it’s following flawed information

The Federal Reserve can’t see the probable economic crash that is coming because it’s still looking into the rearview mirror, where it sees nothing but high inflation. The danger arises because the c..
Market Watch

Housing market stocks give up gains as another jump in bond yields takes shine off strong data

Shares of companies in the real estate services and home building space backed way off their intraday highs on Tuesday, as another surge in Treasury yields to a more-than decade high took the early sh..
Market Watch

Grove Shares Jump as Products Land on More Store Shelves

Grove Collaborative Holdings Inc.'s shares rallied Tuesday after the consumer-products company said it was expanding its flagship home-care brand with its first drugstore retailer. In morning trading..
Market Watch

Equillium Shares Rise 20% After Positive Itolizumab Trial Results

Equillium Inc. shares were up 20% to $2.31 after the company said it saw positive interim results from the Type B portion of its study evaluating itolizumab in patients with lupus nephritis. The stoc..
Market Watch

Bankrupt crypto lender Celsius's CEO resigns

Alex Mashinsky, chief executive at bankruptcy crypto lender Celsius, has submitted a letter of resignation from his post Tuesday, effective immediately. "I will continue to maintain my focus on workin..
Market Watch

U.S. New Home Sales Unexpectedly Surged in August

New home sales in the U.S. increased sharply in August, suggesting a respite in the current housing market slowdown amid high prices and rising mortgage rates. Here are the main takeaways from the Com..
Market Watch

Bed Bath & Beyond’s turnaround plan leaves ‘questions that have really not been answered to any degree’

When Bed Bath & Beyond Inc. reports fiscal second-quarter earnings on Thursday, analysts will have one big question on their minds: When will turnaround efforts pay off? The results for the home-good..
Market Watch

High rents and Fed's inflation fight to push key mortgage rate above 7%: BofA Global

America’s housing shortage and the Federal Reserve’s inflation battle look poised to push the benchmark 30-year mortgage rate above 7%, according strategists at BofA Global. More than a decade of und..
Market Watch

U.S. stocks close lower, as S&P 500 carves out new 2022 low and Dow ends in bear market

U.S. stocks closed lower Monday amid elevated market volatility, extending last week's losses as the S&P 500 sank to a new 2022 low. The S&P 500 SPX, dropped 1% to end around 3,655.52, while the Dow J..
Market Watch

'They’re waiting to see if home prices fall': Home buyers are backing out of contracts in the Sun Belt at a record rate

The tide has turned, and buyers are now backing out of deals in the Sun Belt as rates rise and home prices remain unaffordable. Once pandemic boomtowns, 15.2% of homes in cities in the Sun Belt that ..
Market Watch

Biden's plan to cancel student loans will cost $400 billion, CBO estimates

The Congressional Budget Office, a nonpartisan watchdog agency, estimated on Monday that President Joe Biden's plan to forgive $10,000 to $20,000 in student loans per eligible borrower would cost $400..
Market Watch

Faraday Future stock up 12% after EV maker ekes out new financing, ends board dispute

Faraday Future Intelligent Electric Inc. FFIE, stock rose more than 12% Monday following news the EV maker has reached an agreement with its largest shareholder to end a months-long governance dispute..
Market Watch

Dow's 234-point drop led by losses for Travelers, Boeing stocks

The Dow Jones Industrial Average is declining Monday afternoon with shares of Travelers and Boeing delivering the stiffest headwinds for the blue-chip average. The Dow DJIA, was most recently trading ..
Market Watch

New Truss government is like a doomsday cult, UBS economist says

The harshest verdict on the policies of the new Liz Truss come from the financial market itself. But among the harshest comments comes from Paul Donovan, the chief economist of UBS Global Wealth Mana..
Market Watch

Germany secures more gas shipments as chancellor visits Gulf

BERLIN — German Chancellor Olaf Scholz planted a tree at a mangrove park in the United Arab Emirates on Sunday, a token nod to environmentalism during a two-day visit to the Gulf region focused mainly..

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Intersting Reads
Rebel News

European manufacturers shutter production amid skyrocketing energy costs

European companies have paused production in their factories as energy prices continue to skyrocket. Earlier this month, Russia cut the flow of natural gas through the Nordstream 1 pipeline, citing m..
ABC News

Robert Borsak says Independent MP Helen Dalton should be 'clocked' in NSW Parliament

Space to play or pause, M to mute, left and right arrows to seek, up and down arrows for volume..
NFL News

NFL Power Rankings, Week 4: Eagles claim No. 1 spot; Titans, Cowboys and Jaguars fly up the board

Dan Hanzus updates his NFL Power Rankings with a brand new team in the No. 1 spot -- and that's only the beginning of this week's hierarchical upheaval. Check out the full rundown, 1 to 32..