Skip to content
article_normal
Netflix plans about 40 new video games in 2023, with dozens more in development
Last updated: March 21, 2023 at 7:56 a.m. ET First posted: March 20, 2023 at 6:39 PM ET Almost a year and a half after launching its video game platform, Netflix Inc. The game is highly sought after, with dozens more games planned to be released this year, in addition to nearly 100 games in […]
Read More
Western Alliance Bancorp becomes the latest regional bank to take a downgrade
Western Alliance Bancorp stock fell 8% after credit rating agency Fitch Ratings put the company’s long-term issuer default rating BBB-plus under review for a possible downgrade. Western Alliance is the latest regional bank to face such action following the failure of the Silicon Valley bank last week in the wake of a run on its […]
Read More
“We need to stop this now.” Supporting the First Republic spreads financial contagion, Ackman says.
And so we come to the end of another hectic week in the markets. CBOE VIX index VIX And A measure of stock volatility, it rose twice to 30 before falling again. The ICE BoAML MOVE Index, the VIX for the treasury market, has jumped to its highest levels since the Great Financial Crisis of […]
Read More
FedEx’s strong cost cuts outweigh weaker demand in the battle for investor sentiment
FedEx Corp., which delivers packages, is targeting cost reductions of more than $4 billion in the coming months. But investors, after bashing the stock in September, pushed it higher in after-hours trading Thursday, as those efforts to cut expenses and keep prices high began making their way into the financial statements despite persistently weak freight […]
Read More
Unemployment claims drop to 192,000 and it shows no sign of higher layoffs in the US
Last updated: March 16, 2023 at 11:33 a.m. ET First posted: March 16, 2023 at 8:36 a.m. ET The Numbers: The number of Americans who filed for unemployment benefits last week fell to 192,000 and back near historic lows, indicating that layoffs in the United States remain very low despite increasing pressure on the economy. […]
Read More
US stocks are bracing for wild swings as trillions of options contracts are set to expire on Friday
US stocks could see increasingly wild volatility in the coming days as options contracts tied to trillions of dollars in securities are set to expire on Friday, removing the buffer that some say helped keep the S&P 500 from breaking out of its range. tight circulation. $2.8 trillion worth of options contracts are set to […]
Read More
Unemployment claims drop to 192,000 and it shows no sign of higher layoffs in the US
Numbers: The number of Americans filing for unemployment benefits last week fell to 192,000 and back near historic lows, indicating that layoffs in the United States remain very low despite increasing pressure on the economy. The government said Thursday that US new applications for benefits fell by 20,000 from 212,000 in the previous week. Numbers […]
Read More
The European Central Bank raises interest rates by half a point in the face of banking concerns
Last updated: March 16, 2023 at 9:42 a.m. ET First posted: March 16, 2023 at 9:20 a.m. ET The European Central Bank on Thursday continued its plan to raise interest rates by 50 basis points, or half a percentage point, despite concerns about the banking sector, warning that “inflation is expected to remain too high […]
Read More
First Republic shares led, Goldman Sachs shares led a renewed sell-off in banks, while Oatly and Smartsheet shares rose
Last updated: March 15, 2023 at 11:01 a.m. ET First posted: March 15, 2023 at 8:50 a.m. ET Here are some of Wednesday’s biggest drivers as the focus returns to banks once again after a slump in Credit Suisse Group shares revived concerns about the sector, and as the fallout from the failures of Silicon […]
Read More
Study: These foods increase the risk of dementia — by a lot
ghee. hamburger. sausage. Store-bought pastries, cakes, and cookies. Oh, and soda — sugar or diet. They’re all bad and they all increase your risk of dementia — a lot. So reports to one of the largest and scariest studies ever conducted, involving nearly 60,000 people in their 40s, 50s and 60s. The study, which included […]
Read More