WednesdayNovember 27, 2019
Why Millennials are the poorest generation
Millennials became the biggest U.S. generation this year, numbering some 73 million people. In comparison, when baby boomers were the…
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ThursdayNovember 21, 2019
Powell confirms that the Federal Reserve is looking into developing a digital currency in the U.S.
Associated PressUS central bankers have explored the possibility of developing a digital currency that would be directly available to businesses and households.…
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WednesdayNovember 20, 2019
The Dow goes down because of Home Depot but the S&P 500 closes little changed
The Dow Jones Industrial Average fell from record highs on Tuesday amid losses in Home Depot and a reversal in…
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WednesdayNovember 13, 2019
Nissan cuts profit forecast after 70% quarterly plunge
Nissan shares, down 19% this year, closed up 1% at 714.5 yen before the results announcement. Operating profit at Japan’s second-biggest automaker…
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FridayNovember 8, 2019
Disney stock (DIS) skyrockets days before Disney Plus debut
Shares of the Walt Disney Co. gained 5% in after-hours trading Thursday after it reported quarterly results roughly in line with Wall…
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WednesdayNovember 6, 2019
Uber stock plummets after reporting that it lost more than $1 billion in the last 3 months
Uber reported third-quarter earnings Monday that beat Wall Street expectations for revenue but also showed a $1.1 billion loss. How…
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MondayNovember 4, 2019
Warren Buffett reports a record $128 billion cash in the 3rd quarter
Berkshire Hathaway, run by Warren Buffett, ended the 3rd quarter of 2019 with a record $128 billion in cash because…
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WednesdayOctober 23, 2019
SoftBank to give WeWork founder Adam Neumann $1.7 billion to step off board
WeWork founder and former CEO Adam Neumann is set to receive almost $1.7 billion from the Japanese investor as part of the deal, which…
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TuesdayOctober 22, 2019
Netflix adding another $2 billion in debt to fund for more original content
Netflix is raising another $2 billion in debt to fund additional content creation and other expenses, the company announced Monday. In its…
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ThursdayOctober 17, 2019
L.A. to study $30 hourly minimum wage for Uber and Lyft drivers
The Los Angeles Times reported that more than 100 Uber and Lyft drivers wearing neon green shirts attended the Tuesday morning meeting. Many…
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