As it turns out, women investors have a slight edge over men when it comes to long-term gains, according to Fidelity's 2021 Women and Investing Study. Women's investment returns were 0.4% higher than men's, on average, according to the report, which analyzed the annual performance of 5.2 million customer accounts […]
Hurricane season is at its worst, statistically, between August and October. Each year, the entire season seems to be worse than the ones before it. The “named storm” count for 2020 was 30, which was an all-time record. Hurricanes generally do most of their damage in the Gulf of Mexico […]
After coming under pressure early in the session, technology stocks have seen further downside over the course of the trading day on Friday. The weakness in the sector continues to weigh on the tech-heavy Nasdaq in afternoon trading. Currently, the Nasdaq is off its worst levels but remains down 131.84 […]
Suggesting the U.S. economy remains on a more moderate growth trajectory compared to the first half of the year, the Conference Board released a report on Thursday showing a modest increase by its index of leading economic indicators in the month of September. The Conference Board said its leading economic […]
A report released by the Labor Department on Thursday showed first-time claims for U.S. unemployment benefits unexpectedly edged lower in the week ended October 16th. The Labor Department said initial jobless claims slipped to 290,000, a decrease of 6,000 from the previous week’s revised level of 296,000. The modest decrease […]
Evergrande has made payments for an offshore bond coupon ahead of the expiry of a grace period on Friday, two people with direct knowledge of the matter said, meeting its second U.S. dollar repayment obligation this month. The property developer, which averted a default last week by securing $83.5 million […]
Both General Motors and Ford Motor beat Wall Street's expectations for the third quarter but you wouldn't know it by their stock prices. Shares of GM during trading Thursday are relatively flat, while Ford's stock surged to a new 52-week high. The differences between the third-quarter earnings reports ranged from […]
Sausalito, California (CNN)For a lot of people there is one real Ford Mustang. It’s the Ford Mustang GT coupe with the big 5.0-liter gasoline-burning 460 horsepower V8 engine and just two doors. These people do not accept the validity of the Mustang Ecoboost with its 310 horsepower turbocharged four-cylinder engine. […]
New York (CNN Business)A prominent venture capitalist is under fire for calling new dads “losers” if they take months of paternity leave. Palantir cofounder Joe Lonsdale responded to a tweet Wednesday about US Transportation Secretary Pete Buttigieg, who took off work to care for his twin newborns. “Any man in […]
New York (CNN Business)A large number of unvaccinated workers say they’ll quit their jobs if their employers follow upcoming federal rules to battle the Covid-19 pandemic. A survey by the Kaiser Family Foundation, a think tank concentrating on health issues, found 37% of unvaccinated workers say they will quit their […]
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