Business
Elon Musk has reportedly been in the process of setting up a compound of homes where he wants his 11 children and two of their three mothers to reside. The compound that the billionaire Tesla CEO is attempting to create is located in Austin, the Texas city home to the…
It has been a rough few weeks for bond investors. With more uncertainty to come, it might be time to look at some hedging options. This was supposed to be the time when long-suffering fixed-income investors finally earned their reward. After forcing bondholders to endure months of “higher-for-longer,” the Federal…
Keith Gill, the famed meme stock trader and influencer known as “Roaring Kitty,” no longer owns any shares of Chewy after taking a 6.6% stake in the company over the summer, according to a Tuesday filing with the Securities and Exchange Commission. Shares of Chewy were volatile on Tuesday, and…
During his “My Take,” Wednesday, “Varney & Co.” host Stuart Varney reacted to President Biden’s “garbage” comment while talking about Trump supporters, arguing the crass remark works with Vice President Harris’ demonization of her political opponent. STUART VARNEY: On September 9th 2016, right before the election, Hillary Clinton made her…
Former Republican presidential candidate Vivek Ramaswamy says former President Trump can offer Americans the “single” greatest economic stimulus if elected for a second term – and it starts with going back to the basics. “Once we send Donald Trump back to the White House with a mandate to drain that…
The U.S. economy grew slightly slower than expected in the third quarter amid easing inflation and strong consumer spending. The Commerce Department’s Bureau of Economic Analysis released its advance estimate for third-quarter gross domestic product (GDP), which found the U.S. economy grew at an annual rate of 2.8% in the…
Companies in the private sector added 233,000 jobs in October, payroll processing firm ADP said on Wednesday. The figure is well above economists’ estimates of 114,000 jobs and September’s larger-than-expected increase of 143,000 jobs.”Even amid hurricane recovery, job growth was strong in October,” said Nela Richardson, ADP’s chief economist. “As…
Trick-or-treaters can expect to see a trend this Halloween that might be scary to some: fewer chocolate candies in their bags than in years past. A shortage of cocoa beans over the past year has sent prices for the key ingredient for chocolate soaring, leading candy companies and consumers alike…
Election Day is less than a week away and voters are already heading to the polls and mailing in their ballots, and betting markets have weighed in on whether Republicans or Democrats are favored to win control of Congress. Control of both the House of Representatives and Senate have been…
McDonald’s CEO Chris Kempczinski apologized to customers on Tuesday after an outbreak of E. coli that has sickened dozens and left one dead was linked to its Quarter Pounder hamburgers. “On behalf of the entire system, we are sorry for what our customers have experienced,” Kempczinski said during the company’s…