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After the most volatile year for the stock market since 2008, Wedbush Securities managing director Dan Ives warned on “Mornings with Maria” Tuesday that Big Tech companies still need to “rip the Band-Aid off” in terms of layoffs as a…

Stock futures rise ahead of the first trading week of the new year

January 3, 2023

Stock futures rose Tuesday morning as traders braced themselves for a flurry of economic data and the minutes from the latest Federal Reserve meeting this week to kick off the new year. Futures tied to the Dow Jones Industrial Average…

Tesla shares tumble 10% following deliveries report

January 3, 2023

Shares of Tesla fell 10% Tuesday morning, a day after the electric automaker reported fourth-quarter vehicle production and delivery numbers for 2022. Deliveries are the closest approximation of sales disclosed by Tesla. The company reported 405,278 total deliveries for the…

NYC Machete Attack: Suspect Charged With Attempted Murder—Here’s What We Know

January 3, 2023

A man arrested for allegedly attacking New York City police officers near Times Square on New Year’s Eve was charged with attempted murder Monday, as details slowly emerge about the suspect. The New York Police Department announced Monday the suspect,…

Where to invest your money in 2023 after rough year-end in the markets

January 3, 2023

Wall Street just wrapped up its worst year since 2008. Major indexes in 2022 experienced intense declines as the Nasdaq dropped more than 30% and the S&P 500 was down almost 20%. With the markets looking grim, investors might be…

Economist details how 2022 was ‘terrible’ year for American wallets

January 3, 2023

Former economic adviser Steve Moore explained how bad the U.S. economy was in 2022 and slammed Republicans for voting to pass the omnibus spending bill, urging them to cut government spending in the new year. “Shame on Republicans, shame on…

Twitter sued for not paying rent at San Francisco headquarters

January 3, 2023

Twitter’s landlord is suing the social media giant for failing to pay rent at its downtown San Francisco office, according to reports. The company owes around $136,260 in unpaid rent, according to its landlord, Columbia Property Trust, which filed the…

Dow Falls Slightly As Markets Close Out Worst Year Since 2008

January 2, 2023

The Dow Jones Industrial Average fell 74 points on Friday, the final day of trading to end the worst year since 2008 for the three major stock indexes that were mired by interest rate hikes from the Federal Reserve and…

Energy Companies Increase Spending in 2023 as Oil Prices Rebound

January 2, 2023