Southwest Airlines Co. canceled more than two-thirds of its flights Monday and plans to slash its schedules Tuesday and Wednesday, in a meltdown that stranded thousands of customers and that worsened while other airlines Read more
Tag: Investing
U.S. stock futures rise ahead of last trading week of 2022
U.S. stock futures rose Monday night, ahead of the final trading week of 2022. Dow Jones Industrial Average futures YM00, +0.48% gained nearly 200 points, or 0.6%, as of 9:45 Read more
Equity funds suffer largest ever weekly outflows: BofA Global
Investors withdrew billions of dollars from equity funds at a record pace in the days after the Federal Reserve, the Bank of England and European Central bank raised interest rates Read more
Opinion: If you think a Santa Claus rally is coming to the stock market, this is how to play it
The benchmark S&P 500 Index has finally fallen below the 3900- to 4100-point trading range. The move prompted an immediate reaction down to 3800, the next support level. (To see Read more
Pelosi says she hopes House can pass $1.7 trillion spending bill tonight
Speaker Nancy Pelosi on Thursday said it’s her “hope” that the House of Representatives will pass Congress’ year-end, $1.7 trillion spending package this evening. The Senate earlier Thursday broke a Read more
FTX co-founder Gary Wang, ex-Alameda CEO Caroline Ellison plead guilty to federal charges
On the same day that that the Bahamas extradited FTX co-founder and former CEO Sam Bankman-Fried to the U.S. to face criminal charges, two former executives at FTX and Alameda Read more
FTX founder Sam Bankman-Fried extradited to U.S. to face criminal charges
NASSAU, Bahamas — Bahamian authorities said Wednesday that former FTX CEO Sam Bankman-Fried has been extradited to the United States, where he faces criminal charges related to the collapse of Read more
U.S. stocks log biggest jump in almost 2 weeks on strong earnings, consumer sentiment
U.S. stocks cemented their biggest daily advance in almost two weeks on Wednesday as investors reacted to optimistic earnings from Nike Inc. and FedEx Corp., along with a surprisingly strong Read more
MarketWatch: Stock Market News – Financial News
Twitter voters favor Elon Musk stepping down, as Tesla shares rise Nearly 58% or about 17.5 million Twitters votes were cast in favor of Elon Musk stepping down from the Read more
Opinion: This is the only stock market prediction for 2023 that you need to know
When you hear or read about an investing expert’s outlook for the year ahead, bear one thing in mind: Every forecast about 2022 was wrong. Not just a bit amiss, Read more