Investors Advised to Boost Defensive Positioning amid Market Uncertainty
Nuveen advises investors to adopt defensive positioning amid market uncertainties. Increasing allocation to defense equities and focusing on dividend growers and global infrastructure stocks can help navigate the current landscape.
Economists Predict U.S. Recession Despite Positive Economic Data
Economists predict a U.S. recession despite positive economic data, highlighting warning signs like rising delinquencies. Expert insights on investment strategies in a volatile market.
Supreme Court Blocks Lower-Court Order on Social Media Posts
The Supreme Court has blocked a lower-court order aimed at restricting social media posts on COVID-19 and election security. This raises concerns about government manipulation of online views. The court will hear arguments in this case and...
Lipella Pharmaceuticals Shares Skyrocket 52.2% After FDA Approval
Lipella Pharmaceuticals' stock surges 52.2% following FDA approval of its investigational drug for oral lichen planus. Company aims to transform healthcare landscape and revolutionize treatment for patients worldwide.
Interpublic Group Reports Decline in Q3 Profit
Interpublic Group of Companies Inc. reports a decline in third-quarter profit, attributed to challenges in the technology and telecommunications sector. Revenue growth was seen, but adjusted earnings fell short of expectations. Stock perfor...
Bowlero Completes Sale-Leaseback for Expansion
Bowlero completes a $432.9 million sale-leaseback transaction, boosting its stock and enabling expansion efforts. Funds will be used for new centers, acquisitions, and debt reduction. Potential rebranding to Lucky Strike.
Mortgage Rates on the Rise Amid Fed's Potential Interest-Rate Hike
Mortgage rates are climbing as the U.S. Federal Reserve considers an interest-rate hike. Get expert advice on finding the best mortgage rate in this article.
Drone Attack on Oil Facility in Eastern Syria
Syrian opposition activists report a drone attack on an oil facility in eastern Syria near a U.S. base. Possible Iran involvement in the explosive attack.
Mondi Reports Decrease in Third-Quarter EBITDA
Mondi, a paper-and-packaging company, experiences a decrease in third-quarter EBITDA due to market challenges and reduced forestry fair value gain.
Nokia Announces Job Cuts to Save Billions
Nokia announces job cuts and cost-saving measures to offset a sharp decline in net profit, aiming to achieve long-term targets through cost savings.