Monday, November 18, 2024

CATEGORY

Stock Market

Fisker’s stock plunges 47% after bankruptcy report

Shares of Fisker Inc. dropped 47% in the extended session Wednesday after a report said the embattled EV maker is exploring a bankruptcy...

China’s economy is slowing. But its old-age market is booming.

Products from anti-aging cosmetics and procedures to elder-care facilities are growth areas as China’s demographics go gray. Source link

Fossil Group CEO steps down amid pressure from activist investor; shares surge

Shares of fashion brand Fossil Group Inc. jumped 8.5% in after-hours trading Wednesday after Kosta Kartsotis stepped down as chief executive and the...

Over 50 and out of work: Abandoned by recruiters, spouses and friends

‘A profound unfairness’: The merciless stigma of being an older long-term unemployed person Source link

What Biden gets right — and wrong — about the American middle class

The president is promoting a positive narrative about America’s economic turnaround, but in downplaying widespread financial anxiety, he risks alienating middle-income voters. Source link...

Kevin Plank is returning as Under Armour’s CEO. He faces an uphill climb, an analyst says.

Kevin Plank, who founded Under Armour in 1996 and served as chief executive until 2019, will return to that role next month, the...

Robinhood’s stock climbs as retail trading continues to storm back

Robinhood Markets Inc. saw a big increase in trading volumes during February, and its stock was roaring higher in Wednesday’s after-hours session. Source link...

UiPath delivers a surprise profit, and its stock is getting a boost

The company delivered upbeat financial results while pointing out tailwinds related to artificial intelligence. Source link

Oil prices up nearly 3% after EIA reports first U.S. crude-inventory decline in seven weeks

Oil futures rose Wednesday, with U.S. benchmark prices scoring their first gain in five sessions after the Energy Information Administration reported a weekly...

RFK Jr. on AI and how Elon Musk ‘saved freedom of speech’

Independent presidential candidate Robert F. Kennedy Jr. talks to MarketWatch about how AI is “lying to people” — and what’s causing his Harvard-educated...

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