Elon Musk is speaking to investors who could partner with him on a bid for Twitter, sources close to the matter told The Post. A new plan that includes partners could be announced within days, those sources said. One possibility, the …
Many technology stocks have gotten crushed in the high-inflation, rising-interest-rate environment of 2022. Some may have further to fall. Investors with shorter-term horizons may wish to steer clear of more volatile, innovative companies, despite outperformance during the pandemic. Those include …
On April 13, Tesla CEO Elon Musk offered to buy Twitter TWTR for $54.20 a share. Twitter’s stock closed at $45.08 (17% below Musk’s takeout offer price) on April 14, making it clear that many investors believe the deal won’t …
The level of profit that large corporations experienced in 2021 was unparalleled in American history, as consumers faced the worst price inflation the U.S. has seen in decades Even as top executives warn about the effects of inflation on their …
High-quality bonds should hold up better than stocks, right? Particularly if defaults aren’t really the worry. But that hasn’t been the case lately for debt issued by many Fortune 500 companies, a sector hit notably hard since the Federal Reserve …
Fintech companies like Rocket Mortgage RKT, +0.89% and loanDepot Inc. LDI, +1.93% have become powerhouses in the U.S. mortgage market in recent years, deploying user-friendly technology to entice younger homebuyers to borrow with them rather than traditional banks. These tech-first …
Oil futures rose Wednesday, extending a gain seen the previous session after Russian President Vladimir Putin said negotiations with Ukraine had hit a dead end. Price action West Texas Intermediate crude for May delivery CL00, +1.15% CL.1, +1.15% CLK22, +1.15% …
A move by the U.S. and its allies to release oil from their reserves should help counter the loss of Russia’s vast supplies after its invasion of Ukraine, and should help ease an energy crisis that has sent oil prices …
President Joe Biden was in corn state Iowa Tuesday to announce he’ll suspend a federal rule preventing the sale of higher ethanol blend gasoline this summer as one way to possibly bring down prices at the pump. Such action will …
A Twitter Inc. shareholder is suing Elon Musk, claiming he and others suffered financial losses because of the billionaire’s delay in disclosing his stake in the social-media company. In a lawsuit filed Tuesday in the Southern District of New York, …
U.S. stocks ended modestly lower Tuesday, erasing earlier gains, as investors questioned whether the sharpest rise in the consumer price index in more than 40 years marks peak inflation. What happened The Dow Jones Industrial Average DJIA fell 87.72 points, …
CHAPEL HILL, N.C. –Want to lock in a greater-than-8% return with U.S. Treasurys over the next 12 months? Of course you would, especially given the higher-than-expected inflation numbers reported this week, with the Consumer Price Index rising 8.5% over the …