‘Hope is not a strategy’: BofA CEO warns corporate America must prepare for the worst around debt ceiling
Bank of America CEO, Brian Moynihan, said now is not the time to start tweaking the 250-year-old Constitution. Read More Go to Source of this post Author Of this post:…
BP’s strategic shift reflects the new reality since Vladimir Putin’s military attack on Ukraine
By the start of the next decade, the company will have higher emissions than previously promised. Read More Go to Source of this post Author Of this post: William Mathis,…
Fed’s Neel Kashkari says central bank has not made enough progress, keeping his rate outlook
Kashkari told CNBC on Tuesday that he sees the Fed’s benchmark interest rate likely heading to about 5.4%. Go to Source of this post Author Of this post: Title Of…
What will TV look like in three years? Industry insiders share their predictions
CNBC asked media insiders, including Barry Diller, Bela Bajaria and Bill Simmons, for their predictions about the future of TV. Go to Source of this post Author Of this post:…
Billionaire Tesla bull Ron Baron promised multiples on $100 million Twitter investment
Tesla CEO Elon Musk promised billionaire investor Ron Baron two to three times his money when Baron invested in Twitter’s take-private deal, Baron said Tuesday. Go to Source of this…
Here’s what’s behind the popular triple-leveraged ETFs from Direxion
Direxion’s leveraged ETFs for the S&P 500 and semiconductors have seen large trading volume in 2023. Go to Source of this post Author Of this post: Title Of post: Here’s…
Bed Bath & Beyond lines up funding in a last-ditch bid to avoid bankruptcy
Bed Bath & Beyond has been on the verge of bankruptcy but bought some time with a public stock offering that’s expected to bring in more than $1 billion. Go…
Powell’s speech triggered record options bets, topping even the meme stock frenzy
A speculative frenzy after Fed Chairman Jerome Powell spoke last week helped drive record buying in call options Thursday, even more than during the meme craze. Go to Source of…
Quake deaths pass 5,000 as Turkey, Syria seek survivors
Rescuers raced Tuesday to find survivors in buildings brought down by a 7.8 magnitude earthquake and multiple aftershocks that struck Turkey and Syria. Go to Source of this post Author…
Biden plans to go after social media and kids’ mental health in SOTU speech
President Joe Biden will discuss data privacy and online safety when he delivers State of the Union address Go to Source of this post Author Of this post: Title Of post: Biden…