Here’s How Much Major Energy Companies Are Losing By Exiting Russia
ToplineMajor oil and gas companies, which scrambled to abandon operations in Russia following the invasion of Ukraine in late February, ...
Tag: Breaking
Elon Musk Opens Tesla’s ‘Giga Texas’ That He Says Is The Biggest U.S. Plant
Elon Musk marked the official start of production at Tesla’s new Giga Texas plant in Austin, saying it’s the country’s ...
Stocks Rise As Investors Try To Shake Off Inflation Fears, Recent Fed Comments
ToplineThe stock market moved slightly higher on Thursday—clawing back some of its losses from earlier this week—as investors continued to ...
Billionaire Investor Ron Baron Remains Bullish On Tesla But Calls Musk’s Twitter Stake ‘Meaningless’
ToplineBillionaire investor Ron Baron, one of Tesla’s largest shareholders, told CNBC in an interview Thursday that Elon Musk’s roughly $3 ...
Senate Unanimously Passes Russian Oil And Gas Ban After Biden’s Executive Order
ToplineThe Senate on Thursday passed a bipartisan bill to ban Russian energy imports, building on an executive order signed by ...
Shell Faces $5 Billion Hit For Leaving Russia As Energy Sector Braces For Fallout Of Putin’s Invasion Of Ukraine
ToplineBritish energy giant Shell on Thursday said it expects to take a hit of up to $5 billion in the ...
Federal Reserve Hints At Bigger Rate Hikes Ahead, Outlines Plan To Shrink Balance Sheet
ToplineWith numerous Federal Reserve officials sounding the alarm on inflation, minutes from the central bank’s latest monetary policy meeting released ...
More Fed Officials Are Sounding The Alarm On Inflation And Spooking Markets
ToplineAn increasing number of Federal Reserve officials have recently spooked markets by warning about the economic impact of decades-high inflation ...
Major Bank Is First To Forecast A Recession—More Could Follow
ToplineAn increasing number of Wall Street experts are now forecasting a possible economic downturn on the horizon, with alarms growing ...
U.S. Adds Pressure On Russia By Blocking Bond Payments, Increasing Risk Of Default
ToplineThe Treasury Department on Monday blocked the Russian government from making sovereign debt payments using dollars held at American banks, ...
Tesla Shares Jump As Electric Car Maker Seeks Stock Split
ToplineElectric car maker Tesla will seek shareholder approval for a stock split, according to an SEC filing Monday, driving shares ...
Elon Musk Says He ‘Supposedly’ Has Covid Again
ToplineBillionaire Tesla CEO Elon Musk, who has promoted Covid-19 misinformation and fiercely objected to vaccine mandates and stay-at-home orders throughout ...
Wall Street Firms Are Slashing S&P 500 Price Targets—Here’s What They Predict For Markets
ToplineA majority of Wall Street’s biggest firms have recently been slashing their S&P 500 forecasts for this year, predicting lower ...
BlackRock CEO Larry Fink Says Russia-Ukraine War Is Upending World Order And Will End Globalization
ToplineThe war between Russia and Ukraine has heralded the end of globalization, as the conflict has upended the current world ...
Dow Falls 400 Points As Supply Disruptions Send Oil Prices Surging Higher
ToplineThe stock market tumbled on Wednesday as oil prices spiked yet again due to supply disruptions from Russia’s invasion of ...
Analysts Say These Stocks Can Rally 30% Or More As Investors Navigate A ‘Perfect Storm Of Headwinds’
ToplineWith markets getting whipsawed by concerns over inflation, rising interest rates and Russia’s invasion of Ukraine, analysts at one of ...
Stocks Jump As Investors Prepare For Bigger Fed Rate Hikes To Fight Inflation
ToplineThe stock market finished slightly higher and government bond yields surged on Tuesday as investors assessed the Federal Reserve’s more ...
History Shows Investors Who Buy During Bear Markets Will Likely See Huge Gains
ToplineStocks have been flirting with correction territory in recent months--and though the tech-heavy Nasdaq Composite dipped into a bear market ...
Stocks Rise As Experts Call For Bigger Rate Hikes To Fight Inflation
ToplineThe stock market opened slightly higher and government bond yields surged on Tuesday as investors assessed the Federal Reserve’s more ...
Dow Gains Nearly 300 Points As Stocks Wrap Up Best Week Since November 2020
ToplineThe stock market continued to rebound on Friday—with the S&P 500 notching its biggest weekly gain in more than a ...
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