Kaisa Group Holdings Ltd. logo displayed on a smartphone screen. SOPA Images | LightRocket | Getty Images Hong Kong listed shares of Chinese real estate developer Kaisa Group Holdings were halted on Friday, following news that it had missed a payment on a wealth management product earlier this week. It comes as investors continue to
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Demonstrators hold signs during a protest against Covid-19 mandates outside the General Motors (GM) Tech Center in Warren, Michigan, U.S., on Wednesday, Nov. 3, 2021. Mathew Hatcher | Bloomberg | Getty Images Several business groups expressed concern about President Joe Biden’s Covid vaccine mandate on Thursday, arguing that the requirements will burden businesses during the
In this article PTON A Peloton Bike Shannon Stapleton | Reuters Peloton is set to report its fiscal first-quarter financials after the market closes on Thursday. Here’s what analysts polled by Refinitiv are expecting: Loss per share: Loss of $1.07, adjusted Revenue: $810.7 million Beyond the quarterly results, investors will be paying close attention to
In this article QCOM QRVO Medical syringe is seen with Moderna company logo displayed on a screen in the background in this illustration photo taken in Poland. Jakub Porzycki | NurPhoto | Getty Images Check out the companies making headlines in midday trading. Moderna — Moderna shares tumbled 19% after a weaker-than-expected quarterly report. The drug
Michael Godek | Moment | Getty Images House Democrats proposed several rules to curb retirement accounts of the rich, part of a broad restructuring of the tax code tied to the party’s Build Back Better social and climate spending package. Wealthy individuals with more than $10 million in retirement savings would have to draw down
Quartr A new start-up is attempting to modernize the investor relations industry to meet the surge of new retail investors. Swedish start-up Quartr recently raised $4.5 million to help build out its product, which includes recordings of earnings calls and financial documents from major companies. Investors in Quartr include executives at the Ritholtz Group —
vitapix | E+ | Getty Images It can be tricky figuring out how much income your retirement savings actually could deliver in your golden years. That may now become easier. As mandated in the 2019 Secure Act, 401(k) plan administrators will start providing illustrations on quarterly or annual statements showing an estimate of how much
Gov. Mike DeWine, Republican of Ohio, on the campaign trail in 2018. DeWine just signed mandatory personal finance education for high schoolers into state law. Kirk Irwin | Getty Images News | Getty Images Ohio Gov. Mike DeWine has signed a bill mandating all high-schoolers in the state take a half-credit, standalone personal finance course
The entrance to Trump Tower on 5th Avenue is pictured in the Manhattan borough of New York City, May 19, 2021. Shannon Stapleton | Reuters The Manhattan District Attorney’s office has convened a new grand jury for its ongoing probe of the company owned by former President Donald Trump, according to a new report Thursday.
In this article F The Ford company logo is displayed on a sign outside of the Chicago Assembly Plant on February 03, 2021 in Chicago, Illinois. Scott Olson | Getty Images DETROIT – Ford Motor plans to repurchase up to $5 billion of its high-yield bonds as part of a wider plan to restructure its
Moderna’s sign is seen outside of their headquarters in Cambridge, MA on March 11, 2021. Boston Globe | Getty Images Moderna shares fell by more than 11% on Thursday after it cut its Covid-19 vaccine sales forecast for the year and missed earnings and revenue expectations for the third quarter. The company said some doses
[The stream is slated to start at 08:30 a.m. ET. Please refresh the page if you do not see a player above at that time.] Bank of England Governor Andrew Bailey is giving a press conference after the bank’s latest monetary policy decision. The Bank’s Monetary Policy Committee voted 7-2 to keep the Bank Rate