Articles

American Water Works targeted in cybersecurity incident

The government has warned that drinking water and wastewater systems are an attractive target for cyberattacks.

Will the U.S. stock market crash this month? Why an October surprise can’t be ruled out.

Huge one-day plunges are rare, but the probability is not zero — particularly in October.

10-year Treasury yield reaches 4%

The key U.S. Treasury yield reached 4% on Monday, as investors continued to reassess their view of the U.S. economy following stronger-than-forecast jobs data.

Shell expects sharp drop in refining margins and higher liquid-natural-gas volumes

The energy giant said it expects to report a sharp drop in its refining margins when it posts its upcoming third quarter results on Oct. 31.

Here’s why a whopping 83% of American households now shop at Amazon

As the Prime Big Deal Days on Oct. 8-9 approaches, a look at how the e-commerce giant is increasingly dominating the ‘everyday essentials’ category

Mullen Automotive says it’s cutting 20% of its workforce

The maker of commercial electric vehicles announced cost cuts that include a 20% reduction in head count.

Why Goldman Sachs has bumped up its S&P 500 target for the third time this year

This week marks the kickoff of third-quarter earnings season — and another S&P 500 target upgrade from Goldman Sachs.

China’s rally still has ‘more legs,’ Goldman Sachs says

The recent two-week rally sparked by the unveiling of the People’s Bank of China’s stimulus package has already seen one of the sharpest increases in Chinese equities in history. Goldman Sachs’ analysts said the rally could now have more legs.

The strong jobs report leads Morgan Stanley to ditch a stock-market call it made just two weeks ago

Markets were having a bit of a breather Monday morning after the big rally following the much better than expected jobs report.

‘This was a money grab’: My uncle took over the family business when my grandfather died — and left my father out in the cold. What now?

“When my grandfather passed away, my uncle continued running the business and, at that point, he decided that my father would not receive any financial inheritance.”

Rudy Giuliani is scrambling to find a buyer for his NYC condo or risks losing it in court

Former New York City mayor Rudy Giuliani is racing against time and has slashed the price by nearly $1 million.

Now a billionaire, here’s where Selena Gomez puts her real estate money

Most of her wealth comes from her cosmetics company, but she has built up quite a property portfolio.
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