Investors could get a reprieve from vicious stock sell-off in week ahead

Stocks bounced off of Thursday's washout lows and were set to exit the week with reduced losses after Friday's rally. Retail sales and housing data are highlights of the economic calendar, and Fed...

Bitcoin Sees 7 Straight Weeks of Losses for the First Time

Bitcoin has had seven straight weeks of losses for the time first in its history. Bitcoin neared the $47,000 level in mid-March in a run that lasted a couple of weeks after a fall to $37,000 from...

Twitter's stock falls toward a 7th-straight loss

Shares of Twitter Inc. undefined fell 2.0% in premarket trading, putting them on track for a seventh-straight loss, as uncertainty over the buyout buy Tesla...

Elon Musk says Twitter claims 'bot check' broke NDA

Elon Musk tweeted that Twitter’s legal team accused him of violating a nondisclosure agreement. “Twitter legal just called to complain that I violated their NDA by revealing the bot check sample...

This Weekly Chart Pattern Might Suggest That Shiba Inu Price Remains on Track

Shiba Inu continues to trade in a triangle pattern with support near $0.0000087, according to its weekly chart. The momentum indicators, especially the RSI, have flattened slightly above the 30...

Trump's free to use Twitter if Musk lifts his ban, but he has to post on Truth Social first

Trump will be obligated to make any social media post on Truth Social, his social network, and can't make that same post on another social media site for six hours. He is still free to post from a...

Surging natural gas prices squeeze U.S. industrial sector

U.S. natural gas futures have doubled this year, far more than the increases in retail gasoline and diesel. Many industrial company executives believe the United States should stop exporting gas...

Skittles, Starburst and Life Savers Products Recalled for Potential of ‘Very Thin Metal’ Pieces: FDA

Mars Wrigley has issued a voluntary recall of multiple varieties of candy. The recall is due to the potential presence of thin metal pieces in the bag or within in the candies. The products were...

Why won't Biden allow baby formula imports NOW to ease crisis?

Biden claims the nationwide shortage should improve in the coming weeks. FDA is working to streamline a process to get more formula on store shelves. The agency also plans to detail next week how...

Bond Report: Treasury yields mixed ahead of economic data

The yield on the 10-year Treasury note TMUBMUSD10Y,2.860%fell to 2.908% on Monday morning. New York Empire State factory activity showed surprising weakness in May and plummeted 36.2 points. An...

The FDA Approved Eli Lilly's Diabetes Drug. But the Most Exciting Market May Be Something Else

Lilly's new drug has been approved for Type 2 diabetes. The drug has shown impressive results in clinical trials. It will be sold under the brand name Mounjaro in the U.S. and in Europe. For...

Bernanke says the Fed's slow response to inflation 'was a mistake'

Former Fed Chairman Ben Bernanke said the central bank erred in waiting to address inflation. "One of the reasons was that they wanted not to shock the market," he said. Bernanke spoke a day ahead...

Goldman Sachs to give senior bankers unlimited vacation: report

All Goldman Sachs employees will be required to take at least three weeks vacation time starting next year. Time off for junior staffers will remain limited, according to a memo obtained by...

NATO is about to get bigger and Putin is unhappy: Here are 3 ways Moscow could react

Finland and Sweden both announced their bids to join NATO on Sunday. All eyes are on Russia's reaction. Moscow has already expressed outrage at the idea of its old foe NATO's potential imminent...

Stocks Return to Earth, With the S&P 500 Nearing a Bear Market

Until very recently, the stock market seemed to defy gravity, producing double-digit returns. When the pandemic began upending society, the market sank for a few weeks and then recorded one of the...

Key Words: Netflix tells employees, ‘You may need to work on titles you perceive to be harmful’

“As employees we support the principle that Netflix offers a diversity of stories, even if we find some titles counter to our own personal values,” the culture document states. “Depending on your...

MarketWatch First Take: Elon Musk is likely trying to get a lower price for Twitter with ‘deal on hold’ move

Is Elon Musk’s $44 billion bid for Twitter actually a $1 billion joke by the world's richest man? That's a possibility that cannot be ignored, as investors scramble to make sense of Musk's latest...

Stocks making the biggest moves midday: Twitter, Affirm, Robinhood and more

Twitter shares slide 9.7% after Elon Musk says his take-private deal is on hold. Shares of Affirm surged 31.4% after the buy-now, pay-later lender beat expectations. The company reported a loss of...

The Margin: Where to watch the Super Flower Blood Moon total lunar eclipse this weekend

May’s full “Flower Moon” will undergo a total lunar eclipse. This will make the moon appear to turn red; hence its other colorful name. This full moon will be at its perigee that night, aka its...

Inflation is costing U.S. households an extra $341 a month. Here's what's more expensive and how you can save some money

Consumer prices rose 8.3% in April from a year ago. U.S. households are spending an additional $341 a month to purchase the same goods and services. This is above typical inflation of 2%,...

How Putin Drove Finland Into NATO's Arms

For many Finns, Russia’s assault on Ukraine recalled the 1939 Soviet invasion of their homeland. Fear of another attack was enough to dismantle Helsinki's seven-decade strategy of heavily armed...

Musk’s ‘bizarre tweet’ is the latest reminder that retail investors eyeing Twitter should proceed with caution

Elon Musk’s deal to buy the social media for approximately $44 billion was “temporarily on hold” amid a review to check that spam and fake accounts are a sliver of Twitter's users. After Musk's...

Leading House Democrat Bill Pascrell demands Biden replace IRS chief over tax document destruction 'scandal'

Rep. Bill Pascrell demands President Joe Biden replace IRS Commissioner Charles Rettig. The agency has destroyed data related to 30 million paper-filed tax returns. Tax preparers have told CNBC...

After $10.5 Billion Deal, Gautam Adani's Open Offer, Priced $6.5 Billion

Adani family has made an open offer to acquire a 26 per cent stake each in its two listed companies, Ambuja Cements and ACC Ltd, from public shareholders, priced at $6.5 billion. On Monday,...

All Business News on a Single Page. Join for Free →