Business News

Jan 11, 2023

Stocks rise with focus on CPI later this week

U.S. stocks ascended at Wednesday's open as Wall Street counted down to a crucial inflation reading and big bank earnings later this...

Jan 6, 2023

Is Congress Going to Kill Credit Card Rewards?

Credit card rewards are so common these days — so expected, even — that they can seem untouchable. But that could change. Legislation...

Jan 6, 2023

The House Speaker Drama Will Hit the Market Next. Get Ready for the Debt Ceiling Battle

Even before the tussle erupted, Goldman Sachs economists called the debt limit the biggest political risk facing financial markets in...

Jan 6, 2023

BARRONS: What Kevin McCarthy and the House Speaker Turmoil Means for Markets

California Republican Kevin McCarthy lost another string of votes to become House speaker Thursday, as the drama on Capitol Hill extended...

Jan 5, 2023

Salesforce Slashes Staff in Early 2023 Move

Salesforce CEO Marc Benioff is putting to rest right out of the gate in 2023 that he's serious about improving profit margins, which Wall...

Jan 4, 2023

After a Bumpy Year, Renewable Energy Looks Poised for Boom Times

Net additions of renewable electricity rose to an estimated 352 gigawatts of capacity in 2022, up from 286 GW in the previous year,...

Jan 3, 2023

ZERO HEDGE: Tesla Tumble Reignites After Disappointing Deliveries

Short-sellers in the world's largest EV maker continue to do well as 2023 starts with Tesla down 10% after missing expectations on new...

Jan 2, 2023

BAYHAM: You Really Don’t Want Southwest Airlines To Fail

This may go down as the worst week not involving a flight incident in the history of Southwest Airlines as the Dallas-based carrier has...

Dec 14, 2022

Uncertain Plans for a New Global Minimum Tax Are Weighing on Business

Multinational companies are navigating a fog of uncertainty, facing trade wars, ruined supply chains, and a dramatic rise in geopolitical...

Dec 5, 2022

Stocks fall ahead of more economic data

U.S. stocks sunk Monday ahead of another wave of economic data out this week. The S&P 500 (^GSPC) moved lower by 0.9% in early morning...

Dec 1, 2022

Texas wants to be the centerpiece of Bitcoin innovation, says Governor Abbott

Texas Governor Greg Abbott sees value in what Bitcoin means to the entire world, adding that his state “wants to be the centerpiece of...

Nov 30, 2022

Is this the last Christmas for Sears?

Tracy Easterling spent about an hour Sunday shopping at Sears, which used to be one of her favorite stores. She ended up with nothing to...