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US stocks climb as investors try to recover from the worst trading week of the year

Mon, 02/27/2023 - 09:31

Tech Insider

NYSE Trader — Traders work on the floor at the New York Stock Exchange (NYSE) in New York City, U.S., March 5, 2020.
Andrew Kelly/Reuters

Markets, MI Exclusive, Stock Market Outlook, Stock market news today, durable goods, Economic Data, Federal Reserve

Russian oil is being sold way above the EU price cap, researchers say

Mon, 02/27/2023 - 09:20

Tech Insider

Oil rig Russia — An oil worker in Russia
Sergei Karpukhin/Reuters

Markets, MI Exclusive, Russia Oil, Russian oil ban, Oil price cap, EU oil ban, EU sanctions

The earnings recession has started - but here's why it hasn't hit stocks yet, according to DataTrek

Mon, 02/27/2023 - 09:05

Tech Insider

A trader sits in front of a computer monitor on the floor of the New York Stock Exchange. — Trader Leon Montana works on the floor of the New York Stock Exchange stocks NYSE worry
AP Photo/Richard Drew

Markets, MI Exclusive, Stock Market, Earnings, Recession, Federal Reserve, Interest Rates

Elon Musk suggests Warren Buffett should buy Tesla stock - and reveals Charlie Munger could have invested in 2008 at a tiny fraction of its valuation today

Mon, 02/27/2023 - 08:52

Tech Insider

warren buffett — Warren Buffett.
AP Images

Markets, MI Exclusive, Stocks, Warren Buffett, Berkshire Hathaway, Elon Musk, tesla

Larry Summers says increases in the Fed's preferred inflation gauge are `very troubling' as he warns of a likely recession

Mon, 02/27/2023 - 08:18

Tech Insider : Economy

Larry Summers — Lawrence Summers, then Director of President Barack Obama's National Economic Council, participates in a question-and-answer session during a luncheon with the Economic Club of Washington at the J.W. Marriott April 9, 2009 in Washington, DC.
Chip Somodevilla/Getty Images

Markets, MI Exclusive, Larry Summers, Inflation, Interest Rates, Recessions, Recession

The dollar stages a comeback, with the Fed's war on inflation putting it on course for its first monthly gain since September

Mon, 02/27/2023 - 07:20

Tech Insider

dollar — The dollar is poised to snap a four-month losing streak.
Murad Sezer/Reuters

Markets, MI Exclusive, Currencies, Dollar, US Dollar, DXY, US dollar index

The Chinese billionaire CEO whose disappearance rocked his bank's stock is 'cooperating' with a government probe, his firm says

Mon, 02/27/2023 - 07:15

Tech Insider

Fan Bao — Bao Fan.
Reuters

Markets, MI Exclusive, Stocks, China, Investment bank, stock mover, Fan Bao

Warner Bros stock beats Tesla and other S&P 500 peers in a fierce comeback as Hogwarts Legacy's massive success rekindles Harry Potter mania

Mon, 02/27/2023 - 06:20

Tech Insider

Hogwarts Legacy — Promotional image for Warner Bros' "Harry Potter" inspired video game, "Hogwarts Legacy."
Warner Brothers

Markets, MI Exclusive, Hogwarts Legacy, Harry Potter, Video Games, Warner Bros., Warner Bros. Discovery

Tesla investor looking to rein in Elon Musk drops his bid for a board seat, saying the EV maker's shareholders 'have been heard'

Mon, 02/27/2023 - 05:56

Tech Insider

Ross Gerber — Ross Gerber said Friday that he had ended his run for a seat on Tesla's board.
Emma McIntyre / Staff/Getty Images

Markets, MI Exclusive, Stocks, tesla, tesla stock, TSLA, TSLA stock

Manchester United is probably worth billions less than what its owners want to sell it for, study suggests

Mon, 02/27/2023 - 05:49

Tech Insider

Cristiano Ronaldo of Manchester United celebrates scoring a goal to make the score 3-0 during the UEFA Europa League group E match between Manchester United and Sheriff Tiraspol at Old Trafford. — Cristiano Ronaldo, Marcus Rashford.
Getty/Ash Donelon

Markets, MI Exclusive, Stocks, Stock Market Analysis, Manchester United, Football, Soccer

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