Articles

BlackRock’s Larry Fink calls for urgent national action on retirement crisis

The retirement crisis facing America is so “big and urgent” that government and corporate leaders need to stop business as usual and tackle the problem so that future generations will be able to grow older with dignity, according to the chair and chief executive of investment-management company BlackRock Inc.

Medicare Advantage is overbilling Medicare by 22%

If Joe Biden or Donald Trump or anyone else wants to know how to “cut” tens of billions from the Medicare budget without taking a single nickel from seniors, an obscure government body just revealed how.

Trump’s stake in Truth Social swells by $2 billion in less than 24 hours

Trump Media & Technology Group’s stock soared Tuesday on their debut under the new DJT ticker symbol, providing a windfall for the former president.

Shares of Danish shipping giant Maersk tumble after Baltimore bridge accident

Shares of the Danish shipping and logistics giant A.P. Moeller Maersk tumbled on Tuesday as the company said it chartered the ship that crashed into the Francis Scott Key Bridge in Baltimore.

Home prices reach new high in January, Case-Shiller says

Case-Shiller 20-city home price index up 6.2% year-on-year in January.

Visa, Mastercard agree to lower credit-card fees in landmark merchant settlement

Visa and Mastercard agreed to lower and cap credit-card interchange rates as part of a landmark settlement with U.S. merchants.

Citi’s Jane Fraser tells employees to ‘believe’ while suggesting more job cuts

Fraser said that in the coming weeks, “this final phase of changes will affect the largest number of colleagues at any point during the reorganization.”

Micron’s stock heads for best month in 13 years as bulls see more AI gains ahead

Micron has cemented itself in Wall Street’s eyes as a financial beneficiary of artificial intelligence, and investors are excited about what’s to come.

Durable-goods orders rebound and business investment rises

Orders for big-ticket items climb 1.4% in February

Moderna’s new and improved COVID vaccine produced positive trial results

Moderna Inc. announced Tuesday that its next-generation COVID vaccine produced better immune results in a late-stage trial than its previous vaccines, and will be a key part of its combination therapy against flu and COVID-19.

Microsoft is already bigger than Apple, but its ‘iPhone moment’ could be coming

Wedbush is excited about the potential for AI to give a big boost to Microsoft’s cloud business.

AMC CEO says first part of 2024 ‘a slog to wade through’

AMC Entertainment Holdings Inc. CEO Adam Aron says that the first part of 2024 will be “a slog” for the movie theater chain and original meme stock, citing the ongoing impact of last year’s Hollywood writers’ and actors’ strikes.
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