Political ad spending for 2022 on track to double 2018 total

Spending on political ads for 2022 races is set to exceed the amount spent in 2020 and more than double the total from 2018, according to a report from AdImpact. In July 2021, AdImpact projected...

Economic Report: U.S. consumer price inflation surprises to downside in July

The consumer price index was unchanged in July. Economists polled by The Wall Street Journal had estimated a 0.2% advance. The rate of inflation in the 12 months ended in July retreated to 8.5%...

Crypto: Will the stock-market and crypto rally survive the July inflation report?

The market is expecting at least some cooling in inflation. Economists polled by The Wall Street Journal forecast that the headline consumer-price index in July to fall from a four-decade high of...

Avaya Holdings Plunges on 'Going Concern'

By Sam Boughedda Investing.com - Avaya Holdings stock plunged 45% on Tuesday after the company reported selected additional preliminary results, missing earnings and revenue consensus...

Avaya stock plunges toward record low after WSJ report that $600 million debt deal soured

Investors who lent Avaya the money were hit with paper losses in excess of $100 million, The Wall Street Journal reports

What will the Inflation Reduction Act actually accomplish?

At long last, it's time to Build Back Better — though not by that name. Over the weekend, the Senate passed the Inflation Reduction Act, a climate and health-care bill that finally got the backing...

Mar-a-Lago raid was reportedly tied to Trump's handling and retention of classified documents

More than a dozen FBI agents executed a search warrant on former President Donald Trump's Mar-a-Lago club and residence Monday as part of the Justice Department's investigation into whether Trump...

The Election Recap: Aug. 8, 2022

Welcome back to The Election Recap, your weekly, one-stop shop for the last seven days of midterms news. Let's get into it: So many primaries, so little time Last week was a big one — voters in...

S&P 500 Gives Up Gains as Nvidia Drags Down Tech

By Yasin Ebrahim Investing.com -- The S&P 500 gave up gains Monday, following an Nvidia-led slump in tech after the chipmaker cut its guidance. The S&P 500 fell 0.19%, the Dow Jones Industrial...

The fallout from Europe's energy crisis

The European Union has called on members of the trading bloc to slash their use of natural gas as Russia cuts deliveries. European wholesale natural-gas prices jumped last week when Russia...

Carlyle Chief Executive to Step Down

Kewsong Lee will step down as CEO immediately. He will leave the firm when his five-year employment agreement ends at the end of this year. Carlyle said late Sunday after The Wall Street Journal...

Here's what's in the Democrats' big climate, health care, and tax package, the Inflation Reduction Act

The Senate on Sunday voted to make major investments in climate change mitigation and sustainable energy production, significant changes in drug and health care policy, and modifications to tax...

Carlyle Chief Executive to Step Down

Kewsong Lee will step down as CEO immediately. He will leave the firm when his five-year employment agreement ends at the end of this year. Carlyle said late Sunday after The Wall Street Journal...

Carlyle Chief Executive to Step Down

Kewsong Lee will step down as CEO immediately. He will leave the firm when his five-year employment agreement ends at the end of this year. Carlyle said late Sunday after The Wall Street Journal...

Still a good time to switch jobs

Here are three of the week's top pieces of financial insight, gathered from around the web: Still a good time to switch jobs More Americans are switching jobs and reaping the benefits, said Julia...

Ford Brutally Attacked By Media

Ford has released good news recently, and investors have been rewarded. After it announced a sharp increase in July unit sales, the stock rose. However, The Wall Street Journal has just published...

How the U.S. killed Ayman al-Zawahiri — and only al-Zawahiri

When President Biden confirmed Monday that a U.S. drone strike had killed Al Qaeda leader Ayman al-Zawahiri at a villa in Kabul, Afghanistan, he said the operation had been "carefully planned" to...

Market Extra: A red-hot July jobs number has traders penciling in another jumbo Fed rate hike

Traders pencil in a third 75 basis point rate rise by the Federal Reserve at their next meeting. Fed-funds futures reflect a 67% probability the rate would move the rate up by 75 basis points, or...

The Tyranny Of Coronaphobia

The Tyranny Of Coronaphobia Authored by Ramesh Thakur via The Browstone Institute, I’ve had two big worries during the pandemic, starting from the very beginning and still ongoing....

One of the strongest job markets in the past 50 years’: Looking for a pay raise? This jobs report has good news for you

The government’s latest jobs report showed the U.S. economy gained 528,000 jobs last month. The sharp rise in hiring surprised Wall Street: Economists polled by The Wall Street Journal had...

Pfizer in Talks to Buy Global Blood Therapeutics for $5 Billion, Report Says

Pfizer is in late-stage negotiations to buy the drug maker Global Blood Therapeutics for $5 billion. Other companies are also continuing to make bids, The Wall Street Journal reported Friday....

Pfizer in Global Blood Therapeutics Takeover Talks

By Sam Boughedda Pfizer is reportedly in talks to acquire Global Blood Therapeutics Inc (NASDAQ:GBT), according to a report by The Wall Street Journal Friday. The news follows Thursday's report...

Voyager secures court approval to refund $270M, says it received better offers than FTX bid

Struggling crypto lender Voyager Digital has been allowed to return its customer’s $270 million deposited with Metropolitan Commercial Bank, The Wall Street Journal reported on August 4. The post...

Court Approves Return of $270M in Cash Deposits to Voyager Customers

Ibukun is a crypto/finance writer interested in passing relevant information, using non-complex words to reach all kinds of audience. Apart from writing, she likes to see movies, cook, and explore...

Economic Report: Coming up: U.S. jobs report for July

The U.S. is forecast to add 258,000 new jobs in July, according to economists polled by The Wall Street Journal. The unemployment rate is expected to stay at 3.6%.

What we can learn about abortion politics from Kansas' shocking rejection of new restrictions

Kansas voters on Tuesday resoundingly rejected a proposed amendment that would have removed the right to abortion from the state constitution. The amendment's success would have allowed the...

Equifax coding error caused millions of inaccurate credit scores. How to know if you are affected

Coding issue at Equifax resulted in the company providing inaccurate consumer credit scores. Some scores were wrong by enough to have impacted a bank or other lender's decision on your application...

Exec at major bank gives glimmer of hope for when markets may ease up

Managing Director and Head of Goldman Sachs Personal Financial Management Joe Duran argued that there is a "high likelihood" that the United States will face a recession next year. Speaking on...

Equifax coding error caused millions of inaccurate credit scores. How to know if you are affected

Coding issue at Equifax resulted in the company providing inaccurate consumer credit scores. Some scores were wrong by enough to have impacted a bank or other lender's decision on your application...

Equifax coding error caused millions of inaccurate credit scores. How to know if you are affected

Coding issue at Equifax resulted in the company providing inaccurate consumer credit scores. Some scores were wrong by enough to have impacted a bank or other lender's decision on your application...

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