Business

Stocks pulled back from record highs amid pressure across the technology sector after a global tech outage sent shockwaves throughout the market on Friday.The S&P 500 (^GSPC) ended the week down nearly 2% while the Nasdaq Composite (^IXIC) dropped more than 3.5% on the week. Both indexes had their worst weekly performance since April.…

Predictions on Wall Street that Joe Biden would lose enough of his mental faculties so as to be forced out of the 2024 presidential race go back for more than a year. Yes – it was becoming increasingly obvious to investors by early 2023 that the man had no business running the country, and even less business running for another…

IRS Finalizes 10-Year Rule For Retirement Withdrawals, Making Things 'Even More Insanely Complicated'The Internal Revenue Service and Treasury Department have released final regulations updating required minimum distribution (RMD) rules for beneficiaries under the 10-year rule.These regulations, stemming from the SECURE and SECURE 2.0 Acts,…

U.Today - Despite the relatively neutral sentiment on the cryptocurrency market, some renowned analysts believe the first cryptocurrency is far from an uptrend and currently showing a bearish dynamic, potentially diving down in the foreseeable future. The seasoned trader Peter Brandt recently shared his opinions on where he believes the price…

By Melissa Koenig and Ben Ashford and Emma James In Southampton, New York For Dailymail.Com 23:20 21 Jul 2024, updated 23:22 21 Jul 2024 Real estate mogul Brandon Miller was reportedly $17million in debt when he died by suicide earlier this month.The 43-year-old…

CNN  —  Operations are gradually being restored but delays continue for a second day after “the largest IT outage in history” disrupted sectors across the globe, leaving thousands of passengers stranded at airports, emergency…

BCA Research identified six key reasons why the U.S. economy may struggle to achieve a soft landing, as outlined in their latest note "Cold Hard Facts: Positioning For An Economic Slowdown." Here are the six factors they believe could prevent a soft landing: 1. Consumers Are Tapped Out: The firm notes that consumer spending is weakening, which…

Dow Jones futures will open Sunday evening, along with S&P 500 futures and Nasdaq futures. Tesla (TSLA), Google-parent Alphabet (GOOGL), ServiceNow (NOW) and GE Aerospace (GE) lead an onslaught of earnings reports in the coming week. ↑ X NOW PLAYING Tesla, Google Set To Report Earnings As Megacap Tech Stocks Take A Hit Stock…

The cost of living is hitting Generation Z. Nearly half of Gen Z adults say they get financial help from parents and family, a new survey suggests.Almost half (46%) of Gen Z adults ages 18 to 27 said they relied on financial assistance from their parents or other family members, in the "Parent Trap" survey, released last week by Bank of America.…

After 10 long years, early Bitcoin investors are finally about to get their digital coins back from collapsed exchange Mt. Gox.  Movements by the now-defunct exchange’s trustee earlier this week spooked investors when it sent a test transaction, moving $2.8 billion in BTC into one of its cold wallets, according to data from crypt analytics firm…