Credit Suisse Seeks to Calm Market Jitters

Credit Suisse Seeks to Calm Market Jitters

Credit Suisse Group AG tried to assuage fears about its health in a memo to employees and in a round of phone calls to investors and clients over the weekend, according to people familiar with the matter. Credit Suisse shares tumbled 9% early Monday and are down nearly 30% over the past month. Spreads on its … Read more

Elon Musk Sends Scathing Message to Tesla Investors

Elon Musk Sends Scathing Message to Tesla Investors

Elon Musk is not a Chief Executive Officer like the others.  Tesla’s  (TSLA)  boss is atypical.  He refuses to obey the rules often imposed on executives of public companies. The billionaire did not hesitate to relaunch the showdown with the U.S Security and Exchange Commission (SEC) despite a 2018 settlement with the regulator. In September … Read more

Credit Suisse Is in Deep Trouble

Credit Suisse Is in Deep Trouble

Will Credit Suisse  (CSGKF) pull through?  Speculation surrounding the future of the Swiss banking giant has been going on for several months in the markets, in business and political circles, as well as on social networks.  The No. 2 Swiss bank and one of the largest banks in the world is in deep trouble and … Read more

Carnival Cruise Line Has a Problem That’s Great for Passengers

Carnival Cruise Line Has a Problem That’s Great for Passengers

After the pandemic devastated the cruise industry, a lot of questions remained as to how long it would take for the major cruise lines to get back to normal. The answer is kind of split as Royal Caribbean International (RCL) and Carnival Cruise Line (CCL) got their fleets up and running very quickly from ports … Read more

What investors need to know about October’s complicated stock-market history

What investors need to know about October’s complicated stock-market history

While September lived up to its reputation as a brutal month for stocks, October tends to be a “bear-market killer,” associated with historically strong returns, especially in midterm election years. October, however, is also associated with historic market plunges. And skeptics are warning investors that negative economic fundamentals could overwhelm seasonal trends as what’s traditionally the … Read more

Carnival Cruise Line stock falls to lowest level since 1993 – Yahoo Finance

Carnival Cruise Line stock falls to lowest level since 1993 – Yahoo Finance

Carnival Cruise Line stock falls to lowest level since 1993  Yahoo Finance Cruise stocks sink as Carnival misses Wall Street earnings expectations, warns of Q4 loss  Fox Business Carnival doesn’t have the pricing power other hospitality businesses do, says Jefferies’ David Katz  CNBC Television Carnival stock sinks after cruise line warns of longer voyage to turning profit  New York … Read more

Housing market: mortgage rates rise to 6.7% – Yahoo Finance

Housing market: mortgage rates rise to 6.7% – Yahoo Finance

Housing market: mortgage rates rise to 6.7%  Yahoo Finance Today’s Mortgage, Refinance Rates: Oct. 1, 2022 | Rates Increase This Week  Business Insider Average U.S. mortgage rate soars to 6.7%, highest since 2007  CBS News Today’s Mortgage Rates & Trends – September 30, 2022: Rates edge up  Investopedia View Full Coverage on Google News

Futures Giant CME Considers Brokerage, Taking Cue From Crypto Rival FTX

Futures Giant CME Considers Brokerage, Taking Cue From Crypto Rival FTX

CME CME -0.86% Group Inc. criticized crypto exchange FTX’s plan to cut out the middlemen in the futures markets. Now, the Chicago exchange giant is taking a step in the same direction. In August, CME submitted paperwork to register a futures commission merchant, or FCM—essentially, a brokerage that would allow investors to buy and sell … Read more

FTC Probes Market Power of One of Country’s Biggest Anesthesia Providers

FTC Probes Market Power of One of Country’s Biggest Anesthesia Providers

WASHINGTON—The Federal Trade Commission is investigating one of the country’s largest anesthesiology providers, U.S. Anesthesia Partners, over whether it has amassed too much power in some regional markets through acquisitions, according to people familiar with the matter. USAP has 4,500 anesthesia providers in nine states, including Texas, Colorado and Florida. The company, founded in 2012 … Read more

Why TikTok Fame Is Incredibly Complicated For Dixie D'Amelio | Forbes – Forbes

Why TikTok Fame Is Incredibly Complicated For Dixie D'Amelio | Forbes – Forbes

Why TikTok Fame Is Incredibly Complicated For Dixie D’Amelio | Forbes  Forbes