Stocks News

The Biden administration has announced new trading restrictions that prohibit Americans from investing in Russian stocks and bonds. The ban is immediate and is another measure put in place by US authorities to ratchet up the financial pressure on Russia ...

Ford has announced a massive $3.7 billion investment to ramp up production of electric trucks and vans, as well as a new Mustang. The investment will create 2,000 new jobs in its truck section, helping the company reach its target ...

Companies are trying their best to balance the work from home conundrum as cases of COVID-19 diminish. Work-life balance is so important in today’s workplace, it can affect company performance.  In a recent company memo, verified by major news agencies, ...

The S&P 500 and the Nasdaq both entered the red in the last week as concerns that aggressive moves to control decades-high inflation might send the US economy into a recession. All three major US stock indexes have lost significant ...

The S&P 500 and the Nasdaq both entered the red in the last week as concerns that aggressive moves to control decades-high inflation might send the US economy into a recession. All three major US stock indexes have lost significant ...

The S&P 500 and the Nasdaq both entered the red in the last week as concerns that aggressive moves to control decades-high inflation might send the US economy into a recession. All three major US stock indexes have lost significant ...

The S&P 500 and the Nasdaq both entered the red in the last week as concerns that aggressive moves to control decades-high inflation might send the US economy into a recession. All three major US stock indexes have lost significant ...

US fashion retailer Abercrombie & Fitch delivered a net loss of $14.8 million for its first fiscal quarter, causing a whopping share price drop of 29%. The company said that logistics and product costs were weighing down sales. The apparel ...

McDonald's opened its first restaurant in Moscow 30 years ago, but, after temporarily shutting down more than 800 restaurants following the invasion of Ukraine, the company has decided to exit Russia altogether. However, leaving the country will not come cheap. ...

US bond yields are at their highest level in years. With the US Fed aggressively raising interest rates in the face of surging inflation, cash is flowing back into bonds as investors seek insurance from a possible recession. This flight ...

Samsung reported strong results on Thursday, with profits for the first quarter climbing more than 50% compared to the same time a year ago. The South Korean tech giant’s solid earnings were powered by strong sales of its memory chips, ...

Twitter’s board has unanimously agreed to accept Elon Musk’s purchase offer of around $44 billion, the company said Monday. The deal is expected to close later this year. It has led employees to question the billionaire’s plans for the influential ...

Nestlé, the world's biggest food and drinks company, increased prices by more than 5% in the first quarter of 2022 as it passed on rising costs to consumers. North American shoppers were worst affected, facing an 8.5% rise in prices. ...

Nestlé, the world's biggest food and drinks company, increased prices by more than 5% in the first quarter of 2022 as it passed on rising costs to consumers. North American shoppers were worst affected, facing an 8.5% rise in prices. ...

Netflix lost 200,000 subscribers in the first quarter of 2022, sending its stock down as much as 25% in after-hours trading. The company's share price has fallen more than 40% year to date. The bad news did not end there. ...