A few key distinctions set them apart when it comes to the stock market and the forex market. For starters, the stock market is based on company stocks, while the forex market is based on currency pairs. The stock market is much larger than the forex market, with trillions […]
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Stock market news today: Dow and S&P 500 updates
Investors are incredibly anxious about inflation, which refuses to go away. The Dow plummeted more than 1,050 points, or 3.3%, in late afternoon trading Tuesday. The S&P 500 and Nasdaq fared even worse, tumbling 3.6% and 4.5% respectively. It was a broad-based slide, with all eleven sectors of the market […]
Why the ghost of 2008 still haunts us in 2022
This story is part of CNN Business’ Nightcap newsletter. To get it in your inbox, sign up for free, here. New York CNN Business — All week, there have events in the news that have come in under of the banner of “this hasn’t happened since 2007/2008.” Yields on the […]
Dow plunges and is back in a bear market
New York CNN Business — The third quarter is about to end – and investors are wishing the past nine months good riddance. Stocks fell Thursday, giving up much of Wednesday’s big gains. The Dow fell nearly 460 points, or 1.5%. The Dow is now back in a bear market, […]
UK economy: What next as crisis after crisis hits?
London CNN Business — There was good news and bad in Friday’s revised data about the UK economy. It grew — marginally — in the second quarter of the year, rather than shrinking as previously estimated. But the latest update from the Office for National Statistics also showed that the […]
Intel’s Dividends Can Hold Up, But The Business Faces Uncertainty In The Future
First published on Simply Wall St News Summary: Intel’s production expansion is projected to cost more than $120b, and will be partly supported by the U.S. Chips act. The next few years are expected to be negative for earnings and cash flows as the company invests in fabs. Intel can […]
Florida’s home insurance market was a mess before Ian. It’s about to get worse
New York CNN Business — Florida homeowners were already facing an expensive and difficult market for home insurance before Hurricane Ian. The devastating storm is about to make things worse — even for those fortunate enough to escape any damage. For the better part of two decades, the nation’s major […]
Fed’s preferred measure of inflation shows prices surged again last month
CNN — After hitting an alarming 40-year high in June, the Federal Reserve’s preferred benchmark for consumer inflation is once again flashing a warning sign about the persistence of high prices. The Bureau of Economic Analysis said Friday the Personal Consumption Expenditures price index for August rose by 6.2% from […]
Facebook scrambles to escape death spiral as users flee, sales drop
Facebook founder and CEO Mark Zuckerberg arrives to testify following a break during a Senate Commerce, Science and Transportation Committee and Senate Judiciary Committee joint hearing about Facebook on Capitol Hill in Washington, DC. Saul Loeb | AFP | Getty Images A year ago, before Facebook had turned Meta, the […]
CyberCatch and Arizona Small Business Association Announce Partnership to Help Small Businesses in Arizona Mitigate Cyber Risk
Small businesses in Arizona can now subscribe to CyberCatch’s cybersecurity solution to quickly and easily secure their digital business, while saving money SAN DIEGO and PHOENIX, Sept. 21, 2022 /PRNewswire/ — CyberCatch, today, jointly announced with the Arizona Small Business Association (ASBA), a strategic partnership to enable Arizona’s small businesses to quickly […]
Lili Debuts “Lili Academy,” The First Free Video Course on How-To Run a Small Business in America, Revamps App
NEW YORK–(BUSINESS WIRE)–Lili, the leading financial one-stop-shop for small business owners, combining banking, tax management and accounting software into one, easy-to-use platform, today announced the launch of “Lili Academy,” the first and only comprehensive guide to running a small business. Research shows that while the majority of recent college grads […]
Big businesses trumpet ESG credentials. Scrutiny is on the rise
As the 2020s progress, discussions about climate change, the environment and issues related to equality and diversity are at the forefront of many people’s minds. The corporate world is no exception, with banks, energy producers and a host of other major businesses keen to trumpet their sustainability credentials through advertisements, […]