Home / 2023 / August (page 19)

Monthly Archives: August 2023

Tupperware’s stock price is up nearly 500% in two weeks

Lately, it seems that retail traders have been focused on Tupperware. Late Thursday, the consumer products company announced it had finalized an agreement with its lenders to restructure its debt. Shares closed higher by 35.5% on Friday. Nearly four months ago, Tupperware indicated it could be headed toward bankruptcy. While …

Read More »

Money market funds are paying above 5%. What to know before buying

dowell | Moment | Getty Images After another interest rate hike from the Federal Reserve, investors have several competitive options for cash, including money market funds, with yields currently above 5%. But there are trade-offs to consider, experts warn. Money market funds — which are different than money market deposit …

Read More »

Apple shares fall most since September 2022 after Q3 earnings report

Apple CEO Tim Cook listens as President Joe Biden speaks during a roundtable with American and Indian business leaders in the East Room of the White House in Washington, D.C., June 23, 2023. Anna Moneymaker | Getty Images Apple shares fell 4.8% Friday, the day after the company shared its …

Read More »

The Metals Company puts out controversial timeline for deep sea mining

Gerard Barron, chairman and CEO of The Metals Company, hopes that his company will be able to mine the seafloor for nickel, cobalt, manganese in the Pacific Ocean. Carolyn Cole | Los Angeles Times | Getty Images The debate over whether companies should be permitted to collect metal nodules off …

Read More »

Trump’s court appearances should be nationally televised, Adam Schiff says

Rep. Adam Schiff (D-CA) delivers remarks during the fourth hearing by the House Select Committee to Investigate the January 6th Attack on the U.S. Capitol in the Cannon House Office Building on June 21, 2022 in Washington, DC. Kevin Dietsch | Getty Images WASHINGTON — A campaign to televise former President …

Read More »

What predictions of a ‘soft landing, no recession’ mean for you

Lucigerma | Istock | Getty Images Predictions that a recession may be looming for the U.S. economy have so far not come to fruition. Now, some experts are backing off the prediction altogether, including Federal Reserve staff economists. “What’s out: Mild recession,” states new economic research released by Bank of …

Read More »

JPMorgan backs off recession call even with ‘very elevated’ risks

JPMorgan Chase economists on Friday bailed on their recession call, joining a growing Wall Street chorus that now thinks a contraction is no longer inevitable. While noting that risks are still high and growth ahead is likely to be slow, the bank’s forecasters think the data flow indicates a soft …

Read More »

Home efficiency rebates may soon be available — if states sign on

Emilija Manevska | Moment | Getty Images Consumers may soon be able to access $14,000 or more of federal rebates for making energy-efficient upgrades to their home. But just how soon will vary by state — and some may opt not to make the funds available at all. The rebates …

Read More »

A (Sad) Playlist for the 2023 New York Mets

Dear listeners, This week, there has been joy neither in Mudville nor in Queens — home of the New York Mets, a team enjoying a catastrophically disappointing 2023 season. The Mets began the year with high hopes for a deep postseason run and with an even higher payroll (somewhere near …

Read More »

Record high home prices mean you may have cash hidden in your home

Home prices are on a tear again across much of the nation after falling for much of last year. That means giving back to homeowners the equity they lost. Home prices in June hit record highs in 60% of U.S. markets, according to a new report from Black Knight, set …

Read More »