Saturday, November 30, 2024

CATEGORY

Stock Market

Ford keeps EV losses in check, stock rises 3%

Carmaker reports a better-than-expected quarter, and EV losses were around Wall Street expectations. Source link

Blackstone to acquire Tropical Smoothie Cafe restaurant chain

Blackstone said it is acquiring acquire Tropical Smoothie Cafe, an Atlanta-based franchiser with over 1,400 locations in 44 states, from Leichtman Capital Partners. Source...

Social Security’s COLA formula could change under new proposal — and mean higher benefits for seniors

Using a different index to measure Social Security’s cost-of-living adjustment could better reflect senior spending Source link

10-year Treasury yield ends near highest levels of 2024 as Fed’s preferred inflation gauge looms

Yields on U.S. government debt finished slightly higher on Wednesday, with the benchmark 10-year rate close to 2024’s peak levels, as traders focused...

Congress could finally take a stand on crypto

A U.S. stablecoin bill could come into focus in May that aims to create a new regulatory framework for digital assets Source link

Molson Coors’ gains from the Bud Light boycott have run their course, analysts say

When a conservative-led boycott hit Bud Light’s sales last year, light-beer rival Molson Coors Beverage Co. was among the brewers whose sales increased....

Hilton’s stock pops after earnings beat estimates, despite the impact of bad weather

Hilton Worldwide Holdings Inc.’s stock rose 4.6% Wednesday after the hotel operator’s first-quarter earnings beat analysts’ estimates, even as the company grappled with...

How DraftKings figured out NBA player Jontay Porter was betting on games

The NBA and other major sports leagues make millions from legalized gambling. It could end up costing them. Source link

Humana stock reverses lower as earnings outlook to remain unclear for months

Humana’s stock turned lower Wednesday, after the health insurer reported a quarterly profit that beat expectations by a wide margin and boosted its...

Hasbro swings to a stronger-than-expected profit despite lower revenue

Consumer-product sales fall but gaming provides a boost. Source link

Latest news