3 Stocks Billionaires Are Buying Now
Tom Yeung here with your Sunday Digest. During the early 1990s real estate crisis, the Marriott Corp. hotel chain found itself in trouble. The company had overexpanded during the boom times of the 1980s,...
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Apple Intelligence: Redefining AI With the Ultimate Assistant
Just weeks ago, on Sept. 9, Apple launched its first-ever iPhone built for AI: the iPhone 16. Initial reception has been mixed. Some folks loved the updated camera and new capabilities. Others think the...
The Fed Just Opened a Door to Stunning Stock Gains
Today, the U.S. Federal Reserve officially began its first rate-cutting cycle in four long years – and with a “bang,” no less. In our view, this bold move opens the door for stocks to...
Your favorite stocks may soon be quoted in half-penny increments, which could cut trading costs
Traders work on the floor of the New York Stock Exchange during afternoon trading on September 05, 2024 in New York City. Michael M. Santiago | Getty Images Investors may soon see their favorite...
Billionaire Steve Cohen steps away from trading for Point72 hedge fund: report
SteveCohen, billionaire founder of Point72 Asset Management, has stopped trading at the hedge fund although he is still making investment decisions as a co-chief investment officer alongside Harry Schwefel, a spokesperson said. “He is...
Tennessee Tries To Rein In Ballads Hospital Monopoly After Years of Problems
Ballad Health, an Appalachian company with the nations largest state-sanctioned hospital monopoly, may soon be required to improve its quality of care or face the possibility of being broken up. This story also ran...
Justice Department probing banks for alleged collusion in $36B Archegos liquidation: report
The Justice Department is investigating several large banks for allegedly colluding during the liquidation of convicted fraudster Bill Hwang’s ill-fated $36 billion investment firm Archegos Capital Management, according to a report. Federal investigators in...
California May Regulate and Restrict Pharmaceutical Brokers
SACRAMENTO, Calif. California Gov. Gavin Newsom will soon decide whether the most populous U.S. state will join 25 others in regulating the middlemen known as pharmacy benefit managers, or PBMs, whom many policymakers blame...
Tupperware files for bankruptcy as its colorful containers lose relevance
Tupperware Brands Corp. and some of its subsidiaries filed for Chapter 11 bankruptcy protection on Tuesday, giving in to dwindling demand for its once-iconic food storage containers and mounting financial losses. The company’s struggles resumed...
Point72’s Steve Cohen is stepping back from trading his own book
Steven Cohen, Chairman and CEO of Point72 Asset Management and majority owner of the New York Mets, attends a news conference at Citi Field, the home stadium of MLB’s New York Mets, which is...
Op-ed: Here’s why a sale of Bausch + Lomb could lead to a windfall for Bausch Health investors
In this article BLCO-CA BHC-CA Follow your favorite stocksCREATE FREE ACCOUNT CHICAGO, ILLINOIS – MAY 05: Bausch + Lomb eye vitamins are offered for sale at a drug store on May 05, 2022 in...
Rate Cuts to Energize Markets, Score Investors Tremendous Profits
After years of hiking and maintaining high interest rates, the Federal Reserve is likely to enact its first rate cut of this cycle tomorrow. And our work suggests that could mean the start of...
VP Harris’ plan for higher taxes drowns out her vision for small businesses
close video Small businesses seeking clarity on Harris tax deduction pitch at ABC News Presidential Debate Main Street Alliance Executive Director Richard Trent reacts to the bold proposal for small business startups, Vice President...
Abortion Access Could Be Blocked In Much Of The South After Florida Gov. Ron DeSantis Signed Into Law A Six-Week Ban
Florida Gov. Ron DeSantis has signed into law a bill that would ban most abortions in the state after six weeks, before many people know theyre pregnant, further decimating abortion access in the South....
If You Wondered How Ron DeSantis Looks Eating Pudding With His Fingers, Well, The Answer Is Here
In 1964, there was the infamous Lyndon B. Johnson political attack ad that suggested electing Barry Goldwater would result in a nuclear war blowing up daisy-picking little girls. In 1988, supporters of George H.W....
Retail sales rise 0.1% — less than expected — boosting odds for big rate cut
US retail sales unexpectedly rose last month — a surprisingly strong result that likely lowers the odds for a large rate cut this week from the Federal Reserve. Data released on Tuesday by the...
Wall Street CEO downplays worries about junior bankers’ long hours: ‘Interesting work’
A top Wall Street chief executive has dismissed concerns about younger bankers suffering from burnout, claiming junior staff should be able to tolerate long hours of “interesting” work. Lazard CEO Peter Orszag appeared to...
Rate Cuts: Entering a New Era of Explosive Stock Gains
For months now, we’ve suspected that interest rate cuts would arrive by the end of summer. And with the central bank poised to cut just days from now – this coming Wednesday, Sept. 18...
Kamala Harris stretched the truth about report on her economic plan: Goldman Sachs CEO
Kamala Harris stretched the truth about the benefits of her economic policies during her testy debate against Donald Trump, according to one of the titans of Wall Street. Goldman Sachs CEO David Solomon called...
Trump Has Not Been Sane-Washed
Thanks to Donald Trumps ramblings, observers of the 2024 presidential campaign have popularized a handy new term: sane-washing, describing reporters tendency to render the Republican candidates most bizarre and incoherent statements into cogent English,...
Thats Something That You Wont Recover From as a Doctor
This article was featured in the One Story to Read Today newsletter. Sign up for it here. Kylie Cooper has seen all the ways a pregnancy can go terrifyingly, perilously wrong. She is an...
Trumps New Big Lie
This article was featured in the One Story to Read Today newsletter. Sign up for it here. You are being lied to, Elon Musk posted on X yesterday. Hed know, because hes doing the...
Top Google lawyer coached Harris for Trump debate and tech antitrust watchdogs are crying foul
A top lawyer for Google in the search giant’s landmark trial with the US government is also a key adviser to the Kamala Harris campaign — and tech antitrust watchdogs are calling the cozy...
Top Wall Street analysts pick these dividend stocks for attractive returns
In this article MCD CHRD MPLXP Follow your favorite stocksCREATE FREE ACCOUNT A McDonald’s fast-food restaurant in Manhattan, New York, on July 6, 2024. Beata Zawrzel | Nurphoto | Getty Images September had a...
3 More AI Stocks to “Buy the Dip”
Tom Yeung here with your Sunday Digest. Last week, I wrote about “Gravity Pleasure Road,” the world’s first modern roller coaster with a built-in lift hill that could pull cars back up a slope....
Voss Capital wants to maximize shareholder value at International Money Express. How it may play out
In this article IMXI Follow your favorite stocksCREATE FREE ACCOUNT Oscar Wong | Moment | Getty Images Company: International Money Express (IMXI) Business: International Money Express is an omnichannel money remittance services company. IMXI...
Interest Rates To Fall: Why A Profitable Stock Boom Is Next
The U.S. Federal Reserve holds its next meeting in less than a week. And considering the state of our nation’s economy, we’re extremely confident that means interest rate cuts are coming in just a...
KFF Health News’ ‘What the Health?’: Trump-Harris Debate Showcases Health Policy Differences
The Host Julie Rovner KFF Health News @jrovner Read Julie's stories. Julie Rovner is chief Washington correspondent and host of KFF Health News weekly health policy news podcast, What the Health? A noted expert...
Kevin Harts vegan restaurant chain abruptly closes all locations just two years after opening
From green to gone! Comedian and actor Kevin Harts plant-based fast-food chain, Hart House, has abruptly closed all its locations just two years after launching. The Jumanji star’s four Los Angeles area locations were...
NY hedge fund titan set to divorce ex-Manhattan DA candidate
New York hedge fund titan Boaz Weinstein, who made a fortune with a big bet against JPMorgan, is splitting from his wife, one-time Manhattan District Attorney candidate Tali Farhadian, The Post has learned. A...
Robots are taking over New York City and even Bill Gates is investing
New York City is becoming a boomtown for the robot business as companies are developing and using them to provide massages, install roof shingles, automate medical testing and much more. New York benefits from...
Boeing West Coast factory workers going on strike after 96% vote for walkout
Boeing’s US West Coast factory workers will walk off the job after 96% voted on Thursday in favor of a strike, halting production of the planemaker’s strongest-selling jet as it wrestles with chronic output...
At Catholic Hospitals, a Mission of Charity Runs Up Against High Care Costs for Patients
When Jessica Statens kidney stones wouldnt pass, she said, her doctor suggested a procedure to blow em up. She went to have it done last November at St. Joseph Medical Center in Bellingham, Washington,...
Taylor Swift Backs Kamala, But Is Her Heart Really In It?
Its official. Pop superstar Taylor Swift is on Team Kamala. What does it mean? That depends on both Vice President Harris and how much Swift wants to invest in her presidential campaign. Some background...
In Montana, 911 Calls Reveal Impact of Heat Waves on Rural Seniors
Missoula is one of Montanas largest cities but is surrounded by rural mountain communities where cattle ranching is king. Despite the latitude and altitude, in recent years this region has experienced punishing summer heat...
Trump, Harris Spar Over Abortion Rights and Obamacare in Their First Face-Off
When Vice President Kamala Harris walked across the debate stage Tuesday night to shake the hand of former President Donald Trump, it was the first time the two had met in person. But that...