The Dow Jones Industrial Average wiped out its 2023 gains on Tuesday as stocks extended a selloff in the face of a continued rise in Treasury yields. The Dow DJIA fell 433…
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Netflix Plans to Raise Subscription Prices After Actors Strike Ends
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Japanese yen sees wild swing amid intervention fears after falling to nearly 1-year low versus dollar
The Japanese yen roared back violently against the dollar Tuesday amid fears of intervention by Tokyo after trading at its weakest in nearly a year after a round of strong U.S. employment…
Meta Plans to Charge $14 a Month for Ad-Free Instagram
European users would have the option to pay a fee or agree to personalized ads, according to the company’s pitch to regulators. Source link
Few who ‘retire early’ have achieved ‘financial independence’
The so-called FIRE movement — “financial independence, retire early” — has been big for about a decade. The theory is that if you slash spending to the bone, save every nickel you…
U.S. Car Sales Expected to Increase Again in the Third Quarter
The car market has yet to see an impact from UAW strike-related factory shutdowns. Source link
Japan to Give Micron Technology $1.28 Billion Aid for Chip Project at Hiroshima Plant
By Kosaku Narioka The Japanese government will give an aid of over a billion dollars to Micron Technology’s memory chip project at its Hiroshima plant, the country’s trade minister said, as part…
Boohoo Cuts Revenue Views on Slower Volume Recovery
By Michael Susin Boohoo Group has downgraded its fiscal 2024 revenue targets on slower-than-expected sales volume recovery, and reported a widened pretax loss for the first half. The London-listed online fashion retailer…
Eli Lilly gets FDA complete response letter for skin treatment after inspection of third-party facility
Eli Lilly & Co. said Monday the U.S. Food and Drug Administration has issued a complete response letter for its lebrikizumab, a treatment for moderate-to-severe atopic dermatitis, after an inspection at a…
This fund shows that industry expertise can help you make a lot of money in the stock market
Investors and the financial media have been fixated on exchange-traded funds for decades. The inexpensive passive tracking of stock indexes often has led to a performance that traditional active money managers have…