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Finance
Stocks making the biggest moves midday: Macy’s, Cigna Group, Eli Lilly, Paramount and more
Check out the companies making headlines in midday trading. Macy's — Shares jumped 21% after Macy's, according to sources , received a buyout offer for $5.8 billion from two…
Don’t believe this ‘lie’ about how to become successful, says Spike Lee: It’s ‘done a lot…
No matter who you are, you won't become successful overnight — and the sooner you internalize that, the better, says film director Spike Lee."One of the worst lies that's been told…
Citi sees a big year for stocks in 2024 with S&P 500 finishing at 5,100
This year's broader market rally isn't over just yet, according to Citi. "We look for further S & P 500 upside in the year ahead. However, investors need to be prepared for…
Regulators caught Wells Fargo, other banks in probe over mortgage pricing discrimination
People pass by a Wells Fargo bank on May 17, 2023 in New York City.Spencer Platt | Getty ImagesWells Fargo was snared in an industrywide probe into mortgage bankers' use of loan…
Bitcoin shows its wild side once again, dropping $3,000 in minutes over weekend
A worsening macroeconomic climate and the collapse of industry giants such as FTX and Terra have weighed on bitcoin's price this year.STR | Nurphoto via Getty ImagesBitcoin fell…
Stocks making the biggest moves premarket: Cigna, Macy’s, Snap and more
Check out the companies making headlines before the bell. Occidental Petroleum — Shares dipped 1.1% after Occidental Petroleum agreed to buy privately held energy producer…
Occidental Petroleum to buy Permian producer CrownRock for $12 billion, raise dividend
Occidental PetroleumJay L. Clendenin | Los Angeles Times | Getty ImagesOccidental Petroleum has agreed to buy CrownRock, a major privately held energy producer that operates in the…
‘Somebody has it wrong’ on U.S. recession risks as oil, gold and Treasurys diverge, fund manager says
Traders work on the floor at the New York Stock Exchange (NYSE) in New York City, U.S., December 7, 2023. Brendan Mcdermid | ReutersMarkets are confused over the odds of a U.S.…
Treasury yields inch higher ahead of Fed meeting
U.S. Treasury yields were fractionally higher on Monday, as investors look ahead to this week's Federal Reserve policy meeting.The yield on the benchmark 10-year Treasury note was…
Elon Musk reactivates Alex Jones’ X account after a five-year ban
C.E.O. of Tesla, Chief Engineer of SpaceX and C.T.O. of X Elon Musk takes the stage during the New York Times annual DealBook summit on November 29, 2023 in New York City. Michael…