Sometimes I think it would be nice to be a finance professor. They’re allowed to, even encouraged to, have poor theories about investing. Then, when some piece of data contradicts the theory, they call it an anomaly and no one bats an eye. From a practical perspective, we
In this article CVXOXYHESPXDPBFS Follow your favorite stocksCREATE FREE ACCOUNT While oil production in the U.S. will continue its return towards pre-Covid levels, limits on refining capacity and inventory mean it will not grow as much as some hope, according to Pioneer Natural Resources CEO Scott Sheffield. "We just
Sinem Buber is a labor economist at ZipRecruiter. She's reviewed the data on how lack of affordable care options is affecting the U.S. labor force. She's seen 1.2 million fewer women show up in the workforce data since the pandemic started, in part due to
More consumers are leaning on credit cards to afford increasingly expensive necessities such as food and rent. That helped propel total credit card debt to a record $930.6 billion at the end of 2022, an 18.5% spike from a year earlier, according to the latest quarterly
A more aggressive Federal Reserve when it comes to interest rate hikes could mean trouble for stocks and other assets, according to Goldman Sachs. Fed Chairman Jerome Powell shook Wall Street this week when he said, during separate appearances on Capitol Hill, that he expects
In this article ROKUBBY Follow your favorite stocksCREATE FREE ACCOUNT A video sign displays the logo for Roku Inc, a Fox-backed video streaming firm, in Times Square after the company's IPO at the Nasdaq Market in New York, September 28, 2017. Brendan McDermid | Reuters Roku said Thursday it will
Girl Scouts announced the new Raspberry Rally cookie in Orlando, Florida, on Aug. 16, 2022. Orlando Sentinel | Tribune News Service | Getty Images This is the way the Girl Scout cookie crumbles. Amid widespread cookie shortages, the Girl Scouts of the USA said they are "keeping all
Airline passengers in the arrivals hall at Heathrow Airport in London, UK, on Friday, Dec. 23, 2022. Bloomberg | Bloomberg | Getty Images The U.K. will require all visa-exempt travelers to apply for digital travel authorization before entering the country, in a move regarded as the biggest
In this article JPM Follow your favorite stocksCREATE FREE ACCOUNT Jes Staley, CEO of Barclays Justin Solomon | CNBC JPMorgan Chase sued its former investment banking chief Jes Staley over his ties to disgraced former financier Jeffrey Epstein, alleging that Staley is to blame for any legal fallout from a
Crypto prices fell Thursday after Silvergate, a bank that has been at the center of the industry's growth, made a decision to shut down. Bitcoin dipped 2% to $21,570.04, according to Coin Metrics. Ether lost nearly 2% and was last trading at $1,527.58. related investing news Banks are
