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Why virgin galactic stock dropped friday morning

Truist slashed its price target on Virgin Galactic from $3 to $1 a share. Virgin Galactic, meanwhile, had some "good" news about future revenue....

October 20, 2023, 10:38 am

Palpable enthusiasm for floating rate notes etfs

With 10-year Treasury yields dangerously flirting with 5% and as some longer-dated Treasury exchange traded funds tumble to multiyear lows, it's under...

October 20, 2023, 10:04 am

American express boasts record profits—credits 'strong' spending despite economy's red flashes

American Express' net interest income is up nearly 75% over the last two years, boosting profits as consumer spending remained robust....

October 20, 2023, 9:58 am

Shell cuts contractors as part of 'ruthless' cull

Shell has let go hundreds of contractors in a bid to streamline its operations and save costs, according to a report today. Scores of contracts, mainl...

October 20, 2023, 9:26 am

2023 media layoffs: google cuts at least 40 jobs from news division, report says

Several media companies have slashed staff this year....

October 20, 2023, 9:18 am

Irs sounds the alarm: record-breaking $688 billion tax gap

In a stunning, and worrying, revelation, the Internal Revenue Service (IRS) has dropped a fiscal bombshell, exposing an astonishing $688 billion tax g...

October 20, 2023, 8:53 am

China vice premier pushes for more apple investment, cooperation

China's Vice Premier Ding Duexiang told Apple CEO Tim Cook the group was welcome to participate in developing China's digital economy, as Cook made a ...

October 20, 2023, 8:37 am

Shell, total: european oil buybacks have hit $31bn this year; this is why there'll be more

In the world of Big Oil, a significant transformation is unfolding. As major oil companies prepare to release their quarterly reports, a trend is beco...

October 20, 2023, 7:58 am

Usd/jpy anxiously close to touch the 150.00 mark again

Just keep an eye out on USD/JPY before the weekend as we could get a push to 150.00 at any point in time now. The pair is up slightly on the day, hove...

October 20, 2023, 6:50 am

Cvs health to remove cough medicines due to effectiveness doubts

CVS Health said yesterday it is to remove oral cough and cold products with phenylephrine as the only active ingredient from its...

October 20, 2023, 6:16 am

3 ultra high-yield dividend stocks down 22% to 73% to buy on the dip

A 30% decline has pushed Brookfield Infrastructure's dividend yield over 6%. Enbridge's slumping share price has driven its dividend yield to over 8%....

October 20, 2023, 6:15 am

Jamie dimon's inflation warning: here's what jpmorgan investors should do.

JPMorgan Chase CEO Jamie Dimon previously warned about the risks of higher inflation and interest rates. The largest bank in the U.S. managed its bala...

October 20, 2023, 5:20 am

Cvs pulls popular cold medicines from store shelves

CVS said on Thursday that it is voluntarily removing certain common oral cough and cold products after a Food and Drug Administration (FDA) advisory p...

October 20, 2023, 4:15 am

Usd/jpy, nikkei 225: moment of truth as traders grapple with boj intervention threat

Two days ago, markets exhaled a collective breath of relief when China published its monthly data dump which disclosed that in addition to beating (al...

October 20, 2023, 3:59 am

Bank of japan governor ueda is speaking soon - 0635 gmt

With USD/JPY knocking on the door of 150 stay tuned for a speech from Bank of Japan Governor Ueda.0635 GMT, which is 0235 US Eastern time He'll be spe...

October 20, 2023, 1:44 am

Japan's suzuki: important for currencies to move in stable manner, reflect fundamentals

Japan finance minister Suzuki: Hard to comment on merit and demrit of income tax cuts as part of econ packageImportant for currencies to move in stabl...

October 20, 2023, 1:14 am

Usd/jpy taking a peek above 149.90

Earlier in the session the Bank of Japan once again took steps to keep it easy policy easy:BOJ will extend 5-year loans to financial institutions, eff...

October 20, 2023, 1:13 am

Icymi: new york fed's weekly economic index rose to its highest since november last year

The Weekly Economic Index (WEI) is published by the New York Federal Reserve. Its an index of ten daily and weekly indicators of real economic activit...

October 20, 2023, 12:48 am

Boj will extend 5-year loans to financial institutions, effort to contain elevated yields

A Bank of Japan statement, announces it'll provide loans against collateral to banksBOJ will extend five-year loans against collateral to financial in...

October 20, 2023, 12:16 am

Evergrande, country garden share prices have collapsed: avoid

Country Garden and Evergrande share prices have collapsed, wiping billions of dollars in value in the past few years. Evergrande's stock price crashed...

October 20, 2023, 12:02 am


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