[ad_1] It is thought the new U.K. government’s mini-budget may have made buying a house even more difficult. Photo by LanaStock via Getty Images Crypto firm BlockFi on Monday filed for Chapter 11 bankruptcy, two weeks after the collapse of crypto exchange FTX, further complicating taxes for investors during a …
Read More »Disney hiring freeze will stay in place, CEO Bob Iger tells employees
[ad_1] Chief executive officer and chairman of The Walt Disney Company Bob Iger and Mickey Mouse look on before ringing the opening bell at the New York Stock Exchange, November 27, 2017 in New York City. Getty Images Disney Chief Executive Officer Bob Iger said Monday during his first town …
Read More »Kellogg, General Mills, Post cereal sales slow after pandemic surge
[ad_1] Kellogg, the 117-year-old brand that started as a breakfast cereal company has since expanded to be one of the largest food companies in the world, has seen declining cereal sales over the past couple of decades. The one-time category leader is now facing a number of setbacks, including numerous …
Read More »10 ‘dividend aristocrats’ to buy now from Wolfe Research
[ad_1] Investors considering the looming threat of a recession next year could snap up these “dividend aristocrats” that historically outperform in a downturn, according to Wolfe Research. Dividend aristocrats have a long track record of raising dividends. What’s more, these stocks typically outpace the broader market heading into and out …
Read More »How the growing Atlanta economy burned low-income renters, homebuyers
[ad_1] Metro Atlanta is on a hot streak. More than 6 million people now live in the region, according to recent Census Bureau estimates. Experts say that’s about a 50% increase from 20 years ago. “It’s a huge increase in population,” said Dan Immergluck, a professor of urban studies at …
Read More »China Covid protests could lead to iPhone production hit of up to 10%, Wedbush says
[ad_1] Apple could deal with a major iPhone shortage of up to 10% this holiday season because of Covid protests in China, according to Wedbush’s Dan Ives. “We estimate that Apple now has significant iPhone shortages that could take off roughly at least 5% of units in the quarter and …
Read More »Iran is calling for the U.S. to be thrown out of the World Cup after flag change
[ad_1] Ahmad Nourollahi of Iran in action during the FIFA World Cup Qatar 2022 Group B match between England and IR Iran at Khalifa International Stadium on November 21, 2022 in Doha, Qatar. Richard Sellers | Getty Images Sport | Getty Images Iranian state media is calling for the U.S. …
Read More »JPMorgan downgrades DraftKings, says other sports betting stocks look more attractive
[ad_1] It’s time for investors to ditch shares of DraftKings , according to JPMorgan. Analyst Joseph Greff downgraded shares of the gaming stock to underweight from neutral, saying in a note to clients that the company’s peers offer a clearer path to online-sports-betting (OSM) profitability. “For DKNG, we see a …
Read More »5 things to know before the stock market opens Monday, November 28
[ad_1] Traders on the floor of the NYSE Source: NYSE Here are the most important news items that investors need to start their trading day: 1. Eyes on China and data Markets face a new test this week after protests broke out across China (more on this below). The unrest, …
Read More »UK property demand down 44% since market-rocking mini budget: Zoopla
[ad_1] Estate agents “Sold” and “For Sale” signs outside residential properties in the Maida Vale district of London, UK, on Thursday, June 30, 2022. Bloomberg | Bloomberg | Getty Images Demand for U.K. residential properties has nearly halved following September’s government budget that spooked financial markets and toppled the prime …
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