S&P puts U.K. AA credit rating on negative outlook due to worries over fiscal plan
S&P Global Ratings on Friday moved its outlook on the U.K.'s AA sovereign credit rating to "negative" from "stable," citing concerns about the country's fiscal...
Robinhood to take bigger restructuring charge as it exits leases
Robinhood Markets Inc. said late Friday it will take higher-than-expected restructuring charges as it exits leases on office space that it is not using. In...
Market Extra: ‘Painfully slow capitulation’: Why investors keep getting inflation wrong
Getty Images/iStockphotoA brutal third quarter in financial markets came to a close on Friday and one thing is overwhelmingly clear: Inflation is the single most...
Berkshire Hathaway, Lloyds of London, Munich Re cover much of Florida market impacted by Hurricane Ian
Berkshire Hathaway's General Re, Lloyds of London, Munich Re, Swiss Re AG, and Allianz Group lead the list of top reinsurers of Florida-only property insurers...
Sellers showing signs of panic on the NYSE, but that’s not necessarily a buy signal
Sellers on the New York Stock Exchange (NYSE) are exhibiting panic-like behavior, according to the Arms Index, which is a volume-weighted breadth measure. The Arms...
Biden says he’ll visit Florida ‘when the conditions allow it’ to meet with first responders
President Joe Biden on Thursday said he will go to Florida "when the conditions allow it" to thank first responders who have helped victims of...
EV maker Acrimoto looks to cut payroll costs by about one-third
Acrimoto Inc. announced Thursday a restructuring, with an aim of cutting its payroll expenses by 32% as part of its efforts to become profitable. The...
U.S. oil futures finish lower, but hold above $80 a barrel
Oil futures finished lower Thursday as concerns over production disruptions from Hurricane Ian eased, but prices held ground above $80 a barrel following a 4.7%...
SEC sues former MoviePass executives for fraud
The Securities and Exchange Commission has sued former top executives at MoviePass and its parent company, Helios & Matheson , for fraud. The complaint, filed...