Articles

: Government shutdown: Analysts warn of ‘perhaps a long one lasting into the winter’

A divided Washington keeps looking like it will deliver a partial government shutdown after Sept. 30, and analysts are sounding more concerned about it this week.

: Instacart stock opens with bang, first trade is 40% above the IPO price

Maplebear, which is doing business as Instacart, debuted with a bang Tuesday, as the grocery-delivery app's stock opened 40% above where the IPO priced.

: SEC charges firm linked to Russian oligarch Abramovich

The SEC charged Concord Management LLC and its owner Michael Matlin for operating as an unregistered investment adviser to a wealthy former Russian official.

: SEC charges U.S. investment advisor for sanctioned-Russian billionaire Roman Abramovich

Investigators say Concord Management handled over $7 billion in investments for a Russian billionaire but never registered with regulators

: Arm’s stock falls again, sheds $8 billion in market value in 3 days

After a strong debut, investor interest in Arm has faded, as the semiconductor design company's stock was headed for a third-straight loss on Tuesday.

: Charged for unwanted Fortnite V-Bucks? You might be eligible for a refund. 

The FTC is emailing millions of Fortnite players about getting their lost money back if they were charged for unwanted in-game currency or items. 

The Tell: How Fed’s higher-for-longer theme may play out in Treasurys and the dollar on Wednesday

TD strategists said they expect to see a bump-up in the 10-year Treasury yield and the dollar under their base-case scenario for Wednesday.

: UAW strike is costing Big Three about $125 million each in lost revenue, Goldman Sachs says

UAW strike at plants making midsize pickup trucks and SUVs is costing Ford, GM and Stellantis about $100 million to $125 million a week each in delayed revenue.

: Intel kicks off developer conference with AI for PC chips

Intel Corp. announces Dec. 14 launch of Core Ultra processors.

: Disney to double investment in Parks division to $60 billion over the next 10 years

Walt Disney Co. is almost doubling its investment in its Parks, Experiences and Products division to approximately $60 billion over the next decade.

The Moneyist: ‘I’m 50, and I went from being homeless to owning a home’: I have very little savings. Where should I invest $50,000?

"I just don't have a clue where to start."

: Most Ukrainian companies are fully operational after 18 months of war, Kyiv-based American Chamber of Commerce

Demining, IT and digital solutions, infrastructure and logistics, financial services, manufacturing and construction are attracting investment
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