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Dow Jones Futures Fall As Market Rally Weakens; Tesla Shanghai Reopening
Dow Jones futures fell Sunday night, along with S&P 500 futures and especially Nasdaq futures. Tesla and CEO Elon Musk's Twitter bid are in focus.XThe stock market rally…
Seems unlikely anyone will bid against Musk to buy Twitter
It "seems unlikely" anyone else will step in to buy Twitter and take it private, according to CNBC's David Faber, meaning Twitter either accepts Musk's bid or nothing happens."The more I…
Inflation Nightmare Keeps Getting Worse: Producer Prices Break Out. Inflationary
Services PPI and Core PPI spike.
By Wolf Richter for WOLF STREET.
The Producer Price Index for Final Demand spiked by 1.4% in March from February, and by 11.2% from a year ago,…
Teladoc stock plunges more than 30% after earnings outlook slashed, massive
Shares of Teladoc Health Inc. were slammed in after-hours trading Wednesday, after the telemedicine company took an impairment charge of more than $6.5 billion and…
JetBlue makes all-cash offer for Spirit Airlines, complicating planned Frontier
Spirit Airlines planes on the tarmac at the Fort Lauderdale-Hollywood International Airport on February 07, 2022 in Fort Lauderdale, Florida.Joe Raedle | Getty ImagesJetBlue Airways made…
Stocks Open Lower as Oil Prices Rise
U.S. stocks fell and oil prices climbed, as concerns about rising commodity prices and uncertain progress in cease-fire talks between Russia and Ukraine weighed on investors.The S&P…
Oil jumps toward $108 as supply fears persist despite reserves release
Workers walk as oil pumps are seen in the background in the Uzen oil and gas field in the Mangistau Region of Kazakhstan November 13, 2021. REUTERS/Pavel MikheyevRegister now for FREE…
Investigation into Lucky Charms after more than 100 consumers claim the cereal made
An FDA spokesperson confirmed the complaints related to Lucky Charms this year.April 19, 2022, 4:10 PM• 3 min readShare to FacebookShare to TwitterEmail this articleThe cereal marketed as…
Biden will tap oil reserve, hoping to push gasoline prices down.
Energy experts said the reserve release would pack more punch if other countries, like China, also sold oil from their stockpiles. The International Energy Agency, an organization of more…
U.S. Stocks Fall, Bond Yields Stabilize
U.S. stocks fell and a selloff in government bonds stabilized Friday, after the latest sign that the Federal Reserve will tighten monetary policy aggressively to fight inflation. The…