Stock spinoffs are one of the hottest trades going this year. How to participate
Stocks that have separated from former corporate owners have outperformed the rest of the stock market over the past 12 months. Here are some opportunities.
Panera says it is phasing out its controversial Charged Lemonade nationwide
The highly caffeinated drink has been blamed for at least two deaths in lawsuits.
JPMorgan says the market is about to get tricky, buy utilities and staples stocks starting to outperform
The firm’s Mislav Matejka said equities are coming up against a seasonally weak period that could point to further consolidation ahead.
Stanley Druckenmiller gives Biden’s economic policies an ‘F,’ blames the Fed for reigniting inflation
He called “Bidenomics” a failure and said consumers are paying the price in terms of higher inflation.
Trump trial: Stormy Daniels testifies she hates ex-president, wants him jailed if guilty
Stormy Daniels is at the center of the historic case in which Donald Trump is charged with falsifying business records to conceal a hush money payment.
Tesla Chairwoman Robyn Denholm has sold over $50 million worth of stock in 2024
Robyn Denholm, who joined Tesla’s board a decade ago, sold $17.3 million in stock, according to a filing, bringing her total sales this year past $50 million.
Elizabeth Holmes sees more months trimmed from prison release date
The disgraced Theranos founder is on track to be released in August 2032, two years earlier than expected, after she was sentenced to more than 11 years for fraud.
Abortion bans drive away up to half of young talent, new CNBC/Generation Lab youth survey finds
Nearly half of younger workers say they would turn down a job offer if it meant moving to a state that bans abortion, a new NBC/Generation Lab survey finds.
Renters’ hopes of being able to buy a home have fallen to a record low, New York Fed survey shows
The share of renters who believe that they one day will be able to afford a home, fell to a record low 13.4%.
