Tag: business news
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Bitcoin just formed a ‘golden cross’ pattern. The crypto is setting up for a big fourth quarter
When looking for best ideas for the fourth quarter nothing jumped off the charts to me — literally — like bitcoin.
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Treasury Sec. Bessent, IRS crack down on ETF strategy the wealthy are using to avoid capital gains taxes
The IRS and Treasury issued a warning this week on an ETF strategy wealthy investors have been using to shield capital gains income from taxes.
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Traders now see little chance of a Fed rate hike in October after weak jobs report
Odds tumbled after a jobs report showed a soft labor market, leading more traders to lower the the chances of a fed funds rate increase this month.
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Ford fends off Hyundai to retain No. 3 U.S. sales position in third quarter
Ford on Friday reported a year-over-year sales decline of 6.6% during the third quarter to 507,395 light-duty vehicles.
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David Ellison says combined Paramount and Warner Bros. Discovery will be named Skydance
It’s a full-circle moment for a company that has undergone two major acquisitions within the last 18 months.
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Labor market faltered in September as jobs increased by just 29,000, unemployment rate rose to 4.2%
Nonfarm payrolls were expected to increase by 84,000 in September while the unemployment rate held at 4.1%.
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Rivian tops Q3 delivery expectations, reconfirms 2026 guidance
Rivian reported a year-over-year increase in vehicle deliveries of 46% during the third quarter.
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Airbnb is looking cheaper than usual. KeyBanc says to buy it now
Airbnb is likely to see its shares advance as its hotel business gains traction and the company’s embrace of AI helps fuels its growth, per KeyBanc.
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Trump wants South Korea in on Alaska LNG. Here’s why Seoul is cautious
South Korea remains cautious on Alaska LNG amid concerns over its high costs and commercial risks.
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