Kriss Kringle shows up late to deliver a seasonal Santa Claus rally to the stock market. Investors hope it will keep the bears at bay.
The Ratings Game: Hasbro’s holiday season was likely among ‘weakest in the North American toy industry’ amid ‘COVID hangover,’ analyst says
Toy maker Hasbro Inc.’s holiday-season sales were likely among “the weakest in the North American toy industry,” an analyst said on Wednesday.
MarketWatch First Take: Salesforce investors should be nervous about slower growth
Salesforce.com Inc. investors are facing the company’s first big pothole on the road to slower growth, just as they have recently put all their faith into co-founder Marc Benioff amid a slew of departures by top executives.
Personal Finance Daily: New York City’s real-estate sector is going through ‘5 stages’ of grief and it’s time to buy I-bonds again. Here are 3 ways to maximize your $10,000 inflation-fighting investment
Wednesday’s top personal finance stories.
Key Words: Biden on Damar Hamlin and NFL injuries: ‘I don’t know how you avoid it’
President Biden suggested the NFL should explore improved safety measures, but he also said that football isn’t too dangerous to play.
: Short sellers score $300 billion in 2022; bets against Tesla, Amazon, Meta bring in the most
U.S. short sellers profited heavily from the chaos of 2022, to the tune of $300.1 billion, with communication-services stocks being the most profitable.
Market Extra: Credit Acceptance shares tumble 12% after regulators sue, claim illegal subprime auto lending practices
U.S., New York regulators claim Credit Acceptance is using illegal and predatory practices that trick low-income borrowers into high-cost auto loans that cause a debt spiral.
The Margin: USMNT player Gio Reyna’s mother told U.S. Soccer about 1990s domestic-violence incident involving Gregg Berhalter, according to reports
Berhalter says the information was provided to U.S. Soccer in an attempt to get him fired.
The Ratings Game: Casino stocks in 2023: It could come down to this region, analysts say
Macau’s reopening could be the biggest driver of Wall Street’s optimism on the sector’s overall profits, analysts said on Wednesday.
Key Words: Verizon CEO says company saw ‘positive’ subscriber growth in its latest quarter
After three quarters of subscriber declines in a key portion of its business, Verizon Communications Inc. broke from that pattern.