Daily Trade

As Elon Musk clears Twitter Inc.’s conference rooms to install beds for his workers, he is looking to make a buck on the office equipment that is no longer needed. Auction site Heritage Global Inc. HGBL, +7.95% has listed 241 items for an auction set to occur on Jan. 17 and 18 dubbed “Twitter: Online

Streaming stocks and the surrounding industry is learning what those of us on the printed web learned over 20 years ago. In a world of unlimited content, the limiting factor is time. The hope was that the cable packages of the past might be resurrected online, consumers paying just as much as they formerly did,

WASHINGTON — Federal prosecutors urged a judge in a closed-door hearing Friday to hold Donald Trump’s legal team in contempt of court for failing to fully turn over all classified documents in the former president’s possession, a person familiar with the matter said. Justice Department lawyers made the request of U.S. District Judge Beryl Howell

Associated British Foods PLC said Friday that it backed its full-year outlook, but that it was mindful of further significant input cost inflation. The British conglomerate ABF, -0.27% said its clothes store Primark has been performing encouragingly and that it is on track to open 27 new stores in the year. “For the full year,

Tech stocks, especially those trading at high valuations, have plunged significantly this year amid a challenging macro environment. Recent remarks by Federal Reserve Chair Jerome Powell about slowing down the pace of rate hikes provided some relief to investors. However, Powell cautioned that the monetary policy could stay restrictive until there are signs of inflation

U.S. bond yields rose on Thursday, with the 10-year rate jumping to almost 3.5%, as investors turned their attention to Friday’s producer-price index for November. What’s happening The yield on the 2-year Treasury TMUBMUSD02Y, 4.320% advanced 5.6 basis points to 4.312% from 4.256% on Wednesday. The yield on the 10-year Treasury TMUBMUSD10Y, 3.484% rose 8.5

Gold is so far on track to post a loss for the year — and the precious metal’s performance in 2023 will greatly hinge on where the global economy is headed, according to a report from the World Gold Council released on Thursday. Gold futures on Comex GC00, -0.13%   GCG23, -0.13% have seen a

Oil prices ended lower on Wednesday, with U.S. prices down 3% despite government data showing domestic supplies of crude oil fell by more than 5 million barrels last week, down a fourth week in row. Domestic gasoline and distillate inventories each saw a sharp weekly climbs, prompting futures prices for petroleum products to lead losses

Germany industrial production fell in October as high energy prices weighed on manufacturing output, adding to evidence of a slowdown in Europe’s industrial powerhouse at the beginning of the fourth quarter. Industrial output–comprising production in manufacturing, energy and construction–fell by a marginal 0.1% in October after increasing by an upwardly revised 1.1% in September, according

Walt Disney (NYSE:DIS) stock has had a rocky 2022, down nearly 40% year to date. This older company is undergoing a very recent transition. Robert Iger returned to the company’s CEO role and Bob Chapek was ousted after only a couple of years. Is this the bullish catalyst that so many investors are counting on? Be

Apple Inc.’s Tim Cook confirmed at an event that the company is one of Taiwan Semiconductor Manufacturing Co.’s first Arizona fab customers, while Intel Corp. hopes to join TSMC on the cutting edge by the end of 2023. Cook said Apple AAPL, -2.54% will buy chips fabricated at TSMC’s expansion into the U.S. On Tuesday

Monday’s punishing selloff could be the beginning of the next leg lower for stocks as a sense of complacency has taken hold in markets following a stellar October and November, several strategists told MarketWatch. In a note to clients on Monday, Jonathan Krinsky, chief technical strategist at BTIG, said that U.S. stocks were primed to

Gold declined after briefly tapping a four-month high on Monday, as worries about recent data showing stronger-than-expected U.S. business conditions and wage growth boosted the dollar and Treasury yields, along with expectations for more aggressive rate-hikes by the Federal Reserve. Price action Gold prices for February delivery GC00, -1.62% GCG23, -1.62% fell $28.30, or 1.6%,

One of the first pieces of financial advice you may hear is to build up an emergency fund, anywhere from three months to a few years worth of expenses, and doing so is an impressive feat.  The point of that money is to protect you when you hit hard times. So if you do hit hard

If I read one more time that walking is the best exercise, I’m going to take a few steps and scream. This article is about how to make walking a better exercise. True, walking is the most practicable exercise. You can pretty much do it anywhere anytime. That is no small thing. The problem is that

Hedge-fund titan Bill Ackman appears to be walking back comments he made via Twitter last week about Sam Bankman-Fried that some interpreted as implicit support for the 30-something who presided over one of the most epic bankruptcies in financial markets in recent memory. Last week, Ackman tweeted that Bankman-Fried’s statements made during a widely watched

If someone promises you the “deal of a lifetime,” it’s probably not a good investment. That’s what finance guru Matthew Onofrio, who sold a program claiming to have cracked the code on commercial real estate, promised inexperienced investors looking to strike it rich. But prosecutors say it was all a fraud aimed at lining Onofrio’s

Given the fact that Nio (NYSE:NIO) stock is down year-to-date, eager investors may be tempted to take a long position now. However, this is actually a time to exercise caution. For one thing, China’s on-and-off zero-Covid policies could throw a wrench into the works. Besides, Nio’s financials are less than ideal, especially when it comes

We want to hear from readers who have stories to share about the effects of increasing costs and a changing economy. If you’d like to share your experience, write to [email protected]. Please include your name and the best way to reach you. A reporter may be in touch. For many people living in the U.S.,

There’s a one-two punch of unfavorable news for SoFi Technologies (NASDAQ:SOFI), courtesy of the U.S. government. First of all, President Joe Biden’s administration is extending the moratorium on federal student loan repayment requirements. Also, a group of senators sent a letter to SoFi, requesting to review the neo-banking firm’s cryptocurrency-market dealings. These developments make it extremely