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Monthly Archives: September 2022

Lennar, Coinbase, Array Technologies and more

A worker at a Lennar home under construction. Justin Sullivan | Getty Images News | Getty Images Check out the companies making the biggest moves midday Monday: D.R. Horton, Lennar, PulteGroup — Homebuilder stocks moved higher on Monday after KeyBanc double upgraded the sector to overweight from underweight. Analyst Kenneth …

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‘Suck slightly less than everyone else’

Entrepreneur and author Peter Shankman has had a storied career. He worked in the nascent AOL newsroom in the mid ’90s, created a tool connecting journalists with their desired sources called Help a Reporter Out in the early 2000s and sold HARO in 2010 for under $5 million. Shankman has …

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How Jared Isaacman uses fighter jets to prepare

Astronauts love fighter jets, and billionaire founder Jared Isaacman is no different. Isaacman, who founded payments company Shift4, is deep into training with his team for the first spaceflight of the Polaris Program, announced earlier this year, in partnership with Elon Musk’s SpaceX. Isaacman’s crew of four is using fighter jets …

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Worried about catching Covid in the office? How to stay healthy

Workers are starting to return to the office, whether they like it or not. Many appear to share one glaring concern: Covid. A recent Gallup poll found that one in three U.S. workers are “very” or “moderately” concerned about Covid exposure at work. The findings come as many companies — including …

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More homebuilders lower prices, sentiment falls for ninth straight month

A worker walks on the roof of a new home under construction in Carlsbad, California. Mike Blake | Reuters More builders are lowering prices for homes as their confidence in the market continues to tumble. Homebuilder sentiment in September fell three points to 46 on the National Association of Home …

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Here are 5 ways the next Federal Reserve rate hike could impact you

This week, the Federal Reserve will likely raise rates by another three-quarters of a percentage point for the third consecutive time in an effort to cool down the high cost of living.  The U.S. central bank has already raised interest rates four times this year, for a total of 2.25 …

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Egypt’s Suez Canal to increase transit fees by 15% in 2023

Egypt announced on Saturday that it will raise transit fees in 2023 for all types of vessels passing through the Suez Canal. According to a statement released by the Suez Canal Authority, transit fees for tankers passing through the canal will rise by 15%. The increase for dry bulk carriers …

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Here’s why the $39 trillion U.S. retirement system gets a C+ grade

Siriporn Wongmanee / Eyeem | Eyeem | Getty Images The U.S. retirement system may seem flush — yet it ranks poorly in relation to those in other developed nations. Collectively, Americans had more than $39 trillion in wealth earmarked for old age at the end of 2021, according to the …

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AutoZone, Take-Two Interactive, bluebird bio and more

Take a look at some of the biggest movers in the premarket: AutoZone (AZO) – AutoZone gained 3.9% in premarket action after the auto parts retailer reported better-than-expected profit and revenue for its latest quarter. AutoZone’s same-store sales rose 6.2% compared to a year ago, twice what analysts had predicted …

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Billionaire Lukas Walton’s family office fans impact investing push

Builders Vision, the investing and philanthropy platform of billionaire Lukas Walton, has shifted its $1 billion endowment into what it calls “impact investments,” leading a broader shift in family offices to connect their investing and giving. Chicago-based Builders Vision will announce today that its Builders Initiative Foundation has moved 90% …

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