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Goldman Sachs unveils startling S&P 500 prediction
That is the question investors are asking, as the S&P 500 index stands little changed since hitting a record close of 5,254 on March 28. Since then the market has slipped and then rebounded, sitting
Gov. Newsom seeks faster review of insurance rate hikes. What to know
Gov. Gavin Newsom is proposing a bill that would require the state Department of Insurance to review rate-hike requests from home insurers within 60 days as companies pull back from the market due to
A Famed Car Designer’s Doomed Attempt to Challenge Tesla
These young companies raised billions of dollars with bold promises to upend the more than century-old car business. Investors also were game to bet on finding the next Tesla, the EV maker with an
GameStop, AMC shares skyrocket after meme stock trader posts for first time in 3 years
The surprise social media return of the trader who helped ignite the meme stock frenzy in 2021 sent GameStop shares skyrocketing Monday. The surge had nothing to do with the troubled company’s
Walmart is axing hundreds of corporate jobs and bringing remote employees into the office
The Wall Street Journal reported the retail giant is reorganizing its corporate footprint, asking workers in small offices to move to central hubs.
Fisker gets short-term loan to remain afloat
Fisker said it intends to use the proceeds to finance its expenses in a manner approved by the investor, who was unnamed. The company last month withdrew its guidance for the year
Analyst revamps Planet Fitness stock price target after membership change
Benson also indicated that its Black Card membership, currently $24.99 a month, may soon be subject to a price increase too. Planet Fitness analysts adjust price targets. Analysts
Mortgage companies could intensify the next recession, US officials warn
US officials worry the next recession could be intensified by a cascading series of failures in the mortgage industry caused by crashing home prices, frozen financial markets and soaring
5 Great Fixed-Income Funds to Buy Now
Fixed-income investing can be perplexing, even to seasoned equity investors. Unlike stocks that trade on centralized exchanges, bonds typically trade over the counter. While purchasing U.S. Treasurys
Today is Mark Zuckerberg's 40th birthday. Here's how his wealth has grown over the past decade.
Mark Zuckerberg is turning 40. Over the past 10 years, the Facebook founder's wealth has surged to $169 billion, largely due to his stake in Meta.
Stock market today: Dow ends 8-day win streak as market braces for inflation data
Monday's mixed trading day saw shares of GameStop and AMC Entertainment deliver intra-day gains of more than 100% following the return of Keith Gill.
Why the World Has Gone Cuckoo for Copper
The U.S. and China are competing to acquire the metal, which is essential for EVs and data centers. It is also at the center of a $39 billion takeover battle.
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