Yahoo Finance Live anchors discuss the rocky road ahead for Microsoft's acquisition of Activision.
Yahoo Finance's Jared Blikre breaks down how markets opened on Wednesday.
Overstock.com CEO Jonathan Johnson joins Yahoo Finance Live to discuss post-pandemic growth, inflation, consumer spending, retail competition, and the company’s cryptocurrency investment.
(Bloomberg) -- Betting against tech has become a winning trade, with short sellers sitting on billions in paper profits as growth stocks slump.Most Read from BloombergTycoon Whose Bet Broke the Nickel Market Walks Away a BillionaireBoris Johnson Odds: Who Are the Front-Runners to Replace PM?Natural Gas Soars 700%, Becoming Driving Force in the New Cold WarUS, Allies Discuss Capping Russian Oil at $40-$60 a Barrel to Cut War FinancingRoaring US Rental Market Shows Early Signs of Slowing DownA his
Yahoo Finance's Pras Subramanian explains why Tesla is slowing production in July.
Some of the largest retailers are processing refunds for items while also telling customers to keep the items, creating a situation where retailers are essentially giving away products.
A closely watched part of the U.S. Treasury yield curve inverted again on Tuesday, as investors continue to price in the chance that the Federal Reserve's aggressive move to bring down inflation will push the economy into recession. Yields on two-year Treasuries briefly rose above those of 10-year Treasuries for the third time this year, a phenomenon known as a yield curve inversion that has in the past preceded U.S. recessions. Here is a quick primer on what a steep, flat or inverted yield curve means, how it has predicted recession, and what it might be signaling now.
LONDON (AP) — Boris Johnson wanted to be like his hero Winston Churchill: a larger-than-life character who led Britain through a time of crisis. He was felled by crises of his own making, as a trickle of ethics allegations became a flood that engulfed his government and turned his own party against him. Johnson resigned Thursday after the chorus of disapproval from within his own party became too much for him to withstand. The move came after months of scandal that saw Johnson fined by police an
The Central Bank of Sri Lanka (CBSL) raised its key rates by a full percentage point on Thursday to tackle record high domestic inflation and to contain any build-up of underlying demand, it said. Inflation touched a record 54.6% year-on-year in June while food inflation accelerated to 80.1%. "The Board was of the view that a further monetary policy tightening would be necessary to contain any build-up of adverse inflation expectations," CBSL said in a statement.
Recession fears haunt Canada. Retiring in a recession could be a nightmare, but you can convert it into an opportunity. Here’s how. The post 2 Ways to Retire in a Recession appeared first on The Motley Fool Canada.
COLOMBO, Sri Lanka (AP) — Sri Lanka’s Central Bank has raised its key interest rates to their highest levels in more than 20 years to try to contain inflation that has added to the country’s economic woes. Recent price hikes have been a severe blow, especially for the South Asian country’s poor and vulnerable groups as they endure their country’s worst economic crisis in memory, struggling with acute shortages of essentials such as food, fuel, cooking gas and medicines. Two weeks ago, Prime Mini
CANBERRA, Australia (AP) — Australia’s new government on Thursday dropped the 4-year-old prosecution of a lawyer over his alleged attempt to help East Timor prove that Australia had spied on the then-fledgling nation’s government during multibillion-dollar oil and gas negotiations in 2004. Attorney-General Mark Dreyfus maintained the government's longstanding stance of refusing to confirm or deny whether the Australian Secret Intelligence Service, a spy agency that operates out of Australian emb
Unifor sees the Paper Excellence Groups' acquisition of Resolute Forest Products as a signal the company intends to maintain and grow its presence in Canadian forestry, which is a good sign for Canadian forestry workers.
Qatar Airways has indicated that a provisional agreement to buy up to 50 Boeing 737 MAX jets has lapsed, Boeing's rival Airbus said in a court document released on Thursday. The deal, signed in Washington in January, is part of a series of inter-locking agreements caught up in a London court dispute between Airbus and the Gulf carrier over a larger jet. Airbus requested a copy of the Boeing 737 MAX agreement after the airline brought it up as part of its bid for compensation for damage to the A350, now worth $1.4 billion.
HONG KONG (AP) — Hong Kong announced Thursday it is shelving a COVID-19 measure that has resulted in dozens of canceled flights in recent months and thwarted travel plans for thousands. Starting Thursday, the city will no longer ban arriving airline flights just because they'd brought in passengers infected with COVID-19, the government announced. “The new measure is a decision made by the government after careful review of relevant data and taking into account the current peak period for intern
During the second Sina Finance 2022 ESG Global Leaders' Summit, Cao Renxian, Sungrow's Chairman and Founder, delivered a keynote speech at "How Scientific Innovation Drives Net-Zero Carbon Transition", with the thesis "Enterprises Should be More Innovative in Carbon Reduction and Elimination".
Attorney General Letitia James has been investigating Trump's business practices for three-and-a-half years, with a focus on whether his company misstated the values of its real estate properties to obtain favorable loans and tax deductions. In April, James won a court order to force Cushman to comply with subpoenas for records that would help determine whether appraisals it conducted for several Trump properties were fraudulent or misleading.
Fusion Pharmaceuticals Inc. (Nasdaq: FUSN), a clinical-stage oncology company focused on developing next-generation radiopharmaceuticals as precision medicines, today announced that the compensation committee of the Company's Board of Directors granted stock option awards to purchase an aggregate of 37,200 shares of its common stock to one employee outside Fusion's 2020 Stock Option and Incentive Plan. The stock options were granted as an inducement material to the individual becoming an employe
HONG KONG (Reuters) -Shares in Macau's Suncity Group Holdings Ltd more than tripled on Thursday after they resuming trading for the first time in nearly two months and the firm said Executive Director Andrew Lo was its new majority shareholder. The company's previous chairman, Alvin Chau, faces charges including illegal gambling and money laundering and is due to be tried in September in the world's biggest gambling hub Macau. Chau has been detained pending his trial, while Suncity has denied wrongdoing.
Imperial Equities Inc. (TSXV: IEI) through its Board of Directors has declared a quarterly dividend of $0.02 per share effective Q3, 2022, payable on July 29, 2022 to shareholders of record effective July 18, 2022.
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