Bed Bath & Beyond following ‘meme phenomenon’: Will it be enough to avoid bankruptcy?
Shares of Bed Bath & Beyond remain elevated after the domestic merchandise retailer announced measures to avoid bankruptcy, spurring a short-selling rally.
BlackRock’s CIO Rieder says Fed overtightening ‘dangerous’ to many business sectors
BlackRock’s Chief Investment Officer of Global Fixed Income Rick Rieder sat down with FOX Business on Monday to discuss the likelihood of interest rate hikes from the U.S. Federal Reserve in 2023
Bed Bath & Beyond sales sink, will close 150 stores
Bed Bath & Beyond will not file bankruptcy and is implementing a new plan in 2023 that includes the closure of 150 locations.
50 Cent says Eminem turned down joint-performance at 2022 World Cup despite $9M offer
Eminem turned down a joint appearance with 50 Cent at the 2022 World Cup in Qatar that would've seen the rappers earn $9 million.
Bed Bath & Beyond bankruptcy could happen ‘this month’
Bed Bath & Beyond is expected to file bankruptcy in early 2023 amid slumping sales and weakening demand
Silver and gold poised to shine in 2023
With inflation, recession and a volatile stock market expected to remain big themes this year, precious metals are poised to shine in 2023, say experts. Gold and silver, hedges to inflation and uncertainty, could push gold to a record $2,100+ an ounce, while silver may approach $38 an ounce, a nearly 50% jump.
Crypto customers sell claims at a loss to avoid bankruptcy wait
Some customers with accounts stuck in failed cryptocurrency companies are choosing to take a big loss on their investments now to avoid dealing with uncertainties in drawn-out bankruptcies.
Why so many accountants are quitting
Even students who major in accounting often find working at the Big Four accounting firms grueling with little compensation and go elsewhere in the job market.
Top Democratic congresswoman has up to $1 million in fund tied to Cayman Islands
Rep. Suzan DelBene, D-Wash., who was recently selected to lead Democrats' 2024 House election effort, has up to $1 million tied up with a hedge fund operating in the Cayman Islands.
COVID changed burial wishes, now Americans are adjusting
Preferences for green burials have risen since the onset of the coronavirus pandemic, with fewer Americans preferring cremation as Americans adjust to the wave of COVID deaths.
Blue-chip stocks plummet, pulling Dow lower as Grinch makes home on Wall Street
The Dow Jones Industrial Average is down Thursday as some of the indices’ key stocks nosedive
Guggenheim Partners CIO Scott Minerd dies suddenly at 63 after heart attack during workout
Guggenheim managing partner and global CIO Scott Minerd passed away unexpectedly Wednesday afternoon due to a heart attack during a routine workout.
Hedge fund Citadel expects to return $7B in profits to clients
The hedge fund firm, which manages $59 billion in assets, told investors its flagship Wellington fund returned roughly 32% through the end of November.
BlackRock not changing stance on ESG investing, despite criticism
BlackRock says it will make no major policies on ESG investing, despite some pushback from Republican lawmakers who criticized the company's policies.
Will a Santa Claus Rally come to Wall Street this year?
A Santa Claus Rally is in doubt after the U.S. Federal Reserve decided to raise interest rates and economic recession looms.
Advent to buy Maxar Technologies for about $4B
The company, whose origins date back to 1957, has 90 satellites in orbit, counts 70 countries among its customers and employs 4,400 people, according to its website.
Dow plunges in perfect storm for stocks
Investors got a second-day jolt with the economy slowing as prices and interest rates are expected to keep rising. The Federal Reserve hiked rates by 50 basis points on Wednesday.
Putin accuses West of 'robbery' through sanctions in national speech on flagging economy
Russian President Vladimir Putin accused the West of "robbery" operating under the guise of international sanction as penalties bite Moscow's economy.
Canada revokes Nord Stream sanction waiver despite European energy woes
Canada has revoked a temporary sanction waiver issued to allow repairs to the Nord Stream pipeline and said Putin showed no intention of getting the pipeline back up and running.
YouTube stars cash In video rights for millions of dollars
Investors, including Softbank, are buying Youtubers historic video rights to infuse the video streaming stars with cash to expand their video catalog.