Tuesday, January 31, 2023
MarketsHeard on the StreetAfter an epic 15-year run, hedge fund Universa’s Mark Spitznagel says the financial system is poised for a crisis—eventually Source
By Sabrina ValleHOUSTON (Reuters) - Exxon Mobil Corp posted a $56 billion profit for 2022, the company said on Tuesday, taking home about $6.3 million per hour last year, and setting not only a company record but a historic...
MUMBAI, Jan 31 (Reuters) - Indian billionaire Gautam Adani's $2.5 billion share sale inched closer to full subscription on Tuesday as investors pumped in funds after a tumultuous week for his group in which its stocks were pummeled by...
UBS reported fourth quarter and full-year earnings.Fabrice Coffrini | Afp | Getty ImagesUBS beat market expectations with its latest results on the back of lower expenses and higher interest rates. But the lender's revenues declined because of weaker client...
The IMF has revised its global economic outlook upwards.Norberto Duarte | Afp | Getty ImagesThe International Monetary Fund on Monday revised upward its global growth projections for the year, but warned that higher interest rates and Russia's invasion of...
CNBC's Jim Cramer on Monday said the benchmark S&P 500 could be at a pivotal moment this week."The charts, as interpreted by Mark Sebastian, suggest that we're approaching a decisive moment here. If the S&P 500 can avoid a...
EXCLUSIVE: Paramount Global just announced that Showtime will be integrated into Paramount+ across both streaming and linear later this year. In preparation for the move, the premium cable network, which will be renamed as Paramount+ with Showtime, had been...
Bottles of Johnson & Johnson baby powder line a drugstore shelf in New York.Lucas Jackson | ReutersJohnson & Johnson's strategy to use bankruptcy to resolve the multibillion-dollar litigation over claims its talc products cause cancer was rejected by a...
People visit Ford's all-electric SUV Mustang Mach-E at the 2019 Los Angeles Auto Show in Los Angeles, the United States, Nov. 22, 2019.Xinhua via Getty ImagesDETROIT — Ford Motor is increasing production and cutting prices of its electric Mustang...

RECENT POSTS