Hertz agrees to pay $168 million to settle allegations its customers were being falsely accused of stealing rental cars — and even sometimes arrested

Hertz agreed to pay $168 million to settle over 360 pending claims that it reported some customers for ...

December 5, 2022, 5:18 pm

Why snowflake, datadog, and mongodb fell today

Rising long-term yields and doubts over cloud spending sent these top software stocks down....

December 5, 2022, 4:03 pm

What's going on with netflix shares - netflix (nasdaq:nflx)

Shares of several growth stocks, including Netflix Inc NFLX, are trading lower going into the close of Monday's session amid overall market weakness ...

December 5, 2022, 3:37 pm

What's going on with amazon shares - amazon.com (nasdaq:amzn)

Shares of retail and e-commerce companies, including Amazon.com, Inc. AMZN, are trading lower going into the close of Monday's session after recent e...

December 5, 2022, 3:36 pm

Why crowdstrike stock was down today

With companies pushing back their spending plans, investors are worried about weakening demand for cybe...

December 5, 2022, 1:54 pm

Why gm's happy to keep spending billions on self-driving while rivals like ford abandon ship

GM president Mark Reuss says self-driving outfit Cruise isn't worried about a profitability timeline yet....

December 5, 2022, 11:23 am

Data center reits: positioned for cloud competition (equinix and digital realty)

Data Center REITs have been one of the best-performing property sectors over the past quarter as property-level fundamentals have strengthened despite...

December 5, 2022, 10:00 am

Global energy metals says jv partner metal bank completes stage 1 earn-in on millennium project in australia

Global Energy Metals Corp (TSX-V:GEMC) said that Metal Bank Ltd (ASX:MBK), through its wholly-owned MBK Millennium Pty Ltd unit has completed all o...

December 5, 2022, 9:56 am

American eagle says second nak hole adds 'additional confidence' to drill program

American Eagle Gold Corp (TSX-V:AE) told investors that assay results from the second hole of the 2022 program on its NAK copper-gold porphyry projec...

December 5, 2022, 8:01 am

Amazon to restart advertising on twitter - platfomer reporter

Amazon.com Inc is planning to restart advertising on Twitter at about $100 million per year, pending so...

December 3, 2022, 9:26 pm

The weekly bottom line: the economy holds on as rate hikes start to bite

U.S. Highlights Employment rose by 0.2% month-on-month (m/m) for the fourth consecutive month in November, surpassing expectations for a moderate slow...

December 3, 2022, 4:03 am

Weekly economic & financial commentary: is this the peak?

Summary United States: Payrolls Beat Expectations, but Signs of Moderation on the Horizon Total payrolls rose by 263K in November, with the unemployme...

December 2, 2022, 5:15 pm

5 top stocks to gain from strong consumer spending trends

Thanks to strong consumer spending trends, investing in consumer discretionary companies like lululemon...

December 2, 2022, 9:02 am

4 stocks to buy on rise in personal income and spending

Growing economic optimism now appears to have allayed concerns of a recession, helping stocks like Wyndham Hotels & Resorts (WH), Hyatt Hotels (H), Hi...

December 2, 2022, 9:02 am

Gold prices trying to hold the line at $1800 as u.s. created 263,000 jobs in november

(Kitco News) - The gold market is trying to hold on to support at $1,800 an ounce as traders react to significant strength in the U.S. labor market, c...

December 2, 2022, 8:34 am

All eyes on nfp

Sentiment was mixed at yesterday’s trading session. Equity bulls were timid, while the dollar bears were in charge of the market after the latest PC...

December 2, 2022, 7:32 am

Usd/cad price analysis: investors cut bets on big boc hike

Consumer spending went up in the US in October. Investors are not expecting another big rate hike from ...

December 2, 2022, 7:27 am

Aud/usd defends 0.6800 as rba’s lowe appears optimistic, us nfp eyed

RBA’s Lowe praises domestic spending, conveys monetary policy lags. Sluggish markets restrict immediate moves ahead of US employment report for Nove...

December 2, 2022, 4:44 am

Rba gov. lowe says australian inflation expectations are still well anchored

Reserve Bank of Australia Governor Lowe, speaking at an event in Thailand:

• inflation expectations in remain well anchored
• househ...

  December 2, 2022, 3:22 am

Resilient consumer spending data sends equities searching for direction

US benchmark indices closed mixed on Thursday as data showed consumer spending in October rose sequenti...

December 2, 2022, 2:29 am