This weeks issue: Car payments, Consumer budgets, Credit card debt, Government debt, Consumer debt, interest rates, China exports and imports, Chinese economy, China and Russia, WeWork, Risk factors, Cash burning, Unprofitable, Recovery when stocks drop, Investor bias, Emotional investors, Uranium, Energy investing, Nuclear power as the future, Nuclear reactors, ESPN and PENN Entertainment, Disney and ESPN 2023, Dave Portnoy reclaims Barstool.
Walt Disney Co.’s ESPN has signed a long-term exclusive agreement with casino operator Penn Entertainment Inc., licensing its brand for sports betting and deepening the media giant’s ties to the growing online gambling business.
Moody’s Investors Service lowered credit ratings for 10 small and midsize US banks and said it may downgrade major lenders including U.S. Bancorp, Bank of New York Mellon Corp., State Street Corp.
Asset managers, ESG investing, Green investing, Blackrock, Fidelity, Home prices in the UK, British economy, China vs. the USA, New cold war,
The MacNicol Alternative Asset Trust earned a 1.9% investment return, net of fees, for the quarter ending June 30, 2023. The investment environment was defined by higher interest rates, persistent inflation, and very robust labor markets in Canada and the US. The fund was mainly higher due to significant gains in land development and [...]
Meta Platforms Inc. started its process of ending news availability in Canada over a law requiring digital platforms to pay local news outlets.
UBS Group AG is planning to exit billions of dollars in loans to Credit Suisse’s clients in the Asia Pacific region, as the Swiss bank
European stocks gained on a busy day of earnings reports and ahead of an interest rates decision from the region’s central bank
Copper production, Copper stocks, Copper demand, Copper reserves, Southern copper, Freeport-McMoran, Magnificent 7, Technology stocks, Market consolidation,
Biogen Inc. said it would cut 1,000 jobs and reduce operating expenses by an additional $700 million by 2025 as it reported sales and earnings that beat analyst expectations.
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