News
The judge in a legal battle between Twitter Inc. TWTR, -3.72% and Tesla Inc. TSLA, -1.11% Chief Executive Elon Musk on Thursday delayed their trial, previously set for Oct. 17, to give the sides time to close the $44 billion acquisition at the heart of the beef. Trial was set to begin Oct. 17 in […]
JCPenney said Thursday that it is hiring nearly 22,000 seasonal employees for the holiday season. The department store chain, which came out of bankruptcy in December 2020, is owned by Simon Property Group Inc. SPG, -1.14% and Brookfield Asset Management Inc. BAM, -2.97%. JCPenney said it will host a national hiring event Oct. 12 through […]
Optimism that the Federal Reserve might back off of aggressive interest rate hikes is giving way to something else within financial markets: A feeling that things won’t likely get better for investors from here. Financial markets have vacillated between two narratives: One in which the prospects of weaker growth and financial instability force policy makers […]
U.S. stocks finished lower on Thursday for the second day in a row as Minneapolis Federal Reserve Bank President Neel Kashkari played down the odds of the Fed pausing its interest-rate hikes, while investors awaited an update on the state of the U.S. labor market due out Friday. The S&P 500 SPX, -1.02% finished down […]
The legendary Chicago improvisational-theater company Second City is set to open a location in New York, its first, according to Crain’s Chicago Business. The new location, in the Williamsburg section of Brooklyn, is to consist of an 11,900-square-foot space comprising a mainstage theater, seven classrooms, and a restaurant and bar, Crain’s reported. The comedy institution, […]
USDCHF, “US Dollar vs Swiss Franc” As we can see in the H4 chart, USDCHF is trading above the 200-day Moving Average to indicate a possible ascending tendency. The Relative Strength Index has rebounded from the support. In this case, the pair is expected to break 5/8 (0.9826) and then continue growing towards the resistance […]