A bitcoin ATM inside a shop in Finsbury Park, London, on Feb. 4, 2022. Luke MacGregor | Bloomberg | Getty Images LONDON — Over 50 cryptocurrency companies have been sent enforcement notices by the U.K.’s advertising watchdog as part of a regulatory crackdown on promotions in the industry. The Advertising Standards Authority said Tuesday it
Weekend Images Inc. | E+ | Getty Images Americans are being squeezed by higher inflation. That may have retirees on a fixed income concerned about getting by or running out of savings during their golden years. Inflation rose 7.9% in February from 12 months ago, the highest in more than 40 years, according to the
Loading chart… PPG Industries Inc: “I think PPG is down too much. I think it’s okay, but … This is a company that has been really hurt by raw costs. That’s going to end eventually. I think if you can handle disappointment at this point, I would buy the stock.” Loading chart… AppFolio Inc: “You’ve
BEIJING — No bodies or survivors have yet been found from the China Eastern Airlines crash as of Tuesday morning, Chinese state media said. The domestic flight on a Boeing 737-800, which was carrying 132 people, nosedived Monday afternoon in the southern region of Guangxi, China’s aviation authority confirmed. The cause of the crash remains
Tom Werner | DigitalVision | Getty Images If you haven’t filed your taxes, there are four weeks until the federal deadline, which is April 18 for most Americans. Some 63.5 million payers have sent returns through March 11, according to the latest IRS filing data, with an average refund of $3,352. However, millions of Americans have
A view of the Evergrande Changqing community on Sept. 24, 2021, in Wuhan, Hubei Province, China. Getty Images | Getty Images News | Getty Images A slew of Chinese real estate developers said this week that they are either not able to release their financial results on time or have yet to set board meetings
CNBC’s Jim Cramer defended Federal Reserve Chair Jerome Powell Monday after the central bank chief promised aggressive action on inflation. “Powell’s been dealt an insanely bad hand. So of course he’s fallen behind. Hence why he’s said that the Fed will move with alacrity from here on out,” the “Mad Money” host said. “So feel
In this article NKE Nike on Monday reported earnings and sales for the fiscal third quarter that topped analysts’ estimates, thanks to robust demand in North America as consumers headed back to stores. The better-than-expected results proved Nike’s ability to operate in a volatile environment, CEO John Donahoe said in a press release. “Marketplace demand
Stock futures were flat in overnight trading after Federal Reserve Chair Jerome Powell said the central bank is open to higher rate hikes to combat rising inflation. Futures on the Dow Jones Industrial Average rose 10 points, while S&P 500 futures Nasdaq 100 futures were flat. Nike shares rose 6% in extended trading on Monday
Trust is always important, especially in the workplace. But for Warren Buffett and the executives who run Berkshire Hathaway’s 62 subsidiaries, trust is more than just important. It’s essential. That’s likely why Buffett seems confident that his latest acquisition, his largest in nearly seven years, will be successful. On Monday, the billionaire investor’s holding company,
Traders work on the floor of the New York Stock Exchangein New York, U.S., on Tuesday, March 15, 2022. Michael Nagle | Bloomberg | Getty Images Bargains are addictive. During my teenage years in Boston, my friends and I would frequent Filene’s Basement, rummaging through tables piled high with designer clothes, scavenging for amazing items,
In this article SPGI dowell | Moment | Getty Images If you own an investment fund that’s “actively managed,” odds are that your returns lagged in 2021. Those chances are even worse over a multiyear time frame. Mutual and exchange-traded funds are generally “actively” or “passively” managed. In the former, a fund manager selects the