Articles

Koss continues rally as meme-stock chatter continues around the headphone maker

Shares of Koss Corp. rose 7.6% in premarket trades Friday as meme-stock chatter continues to swirl around the headphone maker.

Bitcoin’s selloff sends crypto-related stocks sharply lower

Stocks of cryptocurrency related companies were hit hard Friday, as bitcoin sank to more than four-month lows amid concerns that the repayment plan of bankrupt crypto exchange Mt. Gox’s repayment plan will lead to more selling.

Big tech is not the haven some claim, so it’s time to raise cash, says this hedge fund

Tech winners are not immune to an economic slowdown

Labour’s landslide victory sees U.K. housebuilder stocks surge

The Labour Party has pledge to build 1.5 million homes over the next five years in what analysts said could mark the ‘dawning of a new age’ for British housebuilders

‘I’m appalled’: My grandfather co-signed his grandson’s student loan. After my grandfather died, my cousin skipped town. Will the estate have to pay the debt?

“The loan is now in default, and I have no idea where this grandson is.”

Treasury yields hold steady ahead of June jobs data

Yields on U.S. government bonds traded flat to lower on Friday as investors returned from a holiday break to a fresh update on the state of the jobs market.

NBA star Chris ‘CP3’ Paul is selling this modern SoCal home for $16.5 million

The modern farmhouse in Southern California was built just four years ago. It has a stunning glass-box wine cellar.

Ray Dalio says Trump and Biden reflect decades of ‘horrendous leadership’ by Baby Boomers

Bridgewater Associates founder Ray Dalio said decades of ‘chronically horrendous leadership’ has now reached an apex in the form of Joe Biden and Donald Trump

Bitcoin may head towards $50,000 as the crypto falls to a four-month low 

Bitcoin on Friday plunged to the lowest level in over four months.

The legacy of a market debacle — former U.K. Prime Minister Liz Truss is out of a job

Liz Truss, who was the shortest serving prime minister in the country’s history in 2022, lost her South West Norfolk seat by around 630 votes to Labour candidate Terry Jermy.

Saks Fifth Avenue buying Neiman Marcus in $2.65 billion deal, with backing by Amazon

High-end retail chains Saks Fifth Avenue will buy rival Neiman Marcus in a deal that will see Amazon.com and Salesforce also take stakes, the companies said in a statement on Thursday.

Saudi Arabia cuts Asia oil prices for second straight month

Looking at other importing regions, the oil producer instead increased its August prices for all grades for customers in northwest Europe and the Mediterranean.
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