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Take a look at some of the biggest movers in the premarket: Hasbro (HAS) – The toy maker’s stock slid 5.2% in the premarket following a double-downgrade to “underperform” from “buy” at Bank of America. The move comes after BofA conducted what it calls a “deep dive” on Hasbro’s “Magic: The Gathering” trading card game…
Kris Marszalek, CEO of Crypto.com, speaking at a 2018 Bloomberg event in Hong Kong, China. Paul Yeung | Bloomberg | Getty Images The boss of cryptocurrency exchange Crypto.com took to YouTube Monday to reassure users of his platform after the stunning collapse of rival firm FTX sparked fears of a market contagion. In an “AMA”…
In 2008, the national anthems of both North Korea and the United States resonated throughout the East Pyongyang Grand Theatre — echoing hopes of a thawing relationship between the countries. The curtains have since long closed on these hopes. The historic concert, performed by the New York Philharmonic is one of Mark Edward Harris’ favorite…
A shopper checks a carton of eggs at a San Francisco grocery store on May 2, 2022. David Paul Morris | Bloomberg | Getty Images Which (price change) came first, the chicken or the egg? Grocery prices are increasing at their fastest pace in decades — none more so than eggs. Yet chicken prices fell…
High-profile layoffs at Meta and Twitter and planned cuts at Disney have heightened concerns on the part of managers and senior executives at employers nationwide who are struggling with how to lead a team through a round of corporate downsizing. How a company handles a layoff can have a major impact on its future success….
Your tax return evolves with your career and financial situation — so what does tax filing look like for student-athletes earning (or not earning) NIL after graduation? Let’s look at a few scenarios to help you know what to expect once you graduate. Earning NIL after college Profiting from your name, image, and likeness (NIL)…
College athletes scored a win in 2021 when the NCAA changed its policy, granting student-athletes the right to profit from their name, image, and likeness (NIL). But can you still be claimed as a dependent if you earn NIL compensation? We’ve gathered some basic questions about NIL and how it could affect your taxes and…
In this article LYV Follow your favorite stocksCREATE FREE ACCOUNT Terry Wyatt | Getty Images Entertainment | Getty Images Hundreds of thousands of Taylor Swift fans will closely be checking their phones Monday night, waiting to see if they’ve been chosen by Ticketmaster’s Verified Fan system to buy tickets to the pop star and singer-songwriter’s…
In this article F GM Follow your favorite stocksCREATE FREE ACCOUNT Jim Farley, CEO, Ford, left, and Mary Barra, CEO, General Motors Reuters; General Motors DETROIT — “Same industry. Two different companies.” That’s how influential Morgan Stanley auto industry analyst Adam Jonas recently described General Motors and Ford Motor — bitter rivals for more than…
Marvel Studios’ “Black Panther: Wakanda Forever.” Disney Disney and Marvel Studios’ “Black Panther: Wakanda Forever” snared an estimated $180 million during its domestic debut, earning it the record for the biggest opener in the month of November and the second-highest opener of 2022. The long-awaited sequel to the 2018 smash hit “Black Panther” generated strong…
Sam Bankman-Fried, CEO of cryptocurrency exchange FTX, at the Bitcoin 2021 conference in Miami, Florida, on June 5, 2021. Eva Marie Uzcategui | Bloomberg | Getty Images Some FTX users appear to have found a way to move money off of the exchange through a back door in the Bahamas. Analysis by data firm Argus…
In this article .SPX Follow your favorite stocksCREATE FREE ACCOUNT This may be the year for active managers investing heavily in the energy space — and commodity trading advisors, known as CTAs, appear to be among the winners. Dynamic Beta Investments’ Andrew Beer is in the space. He co-runs the iMGP DBi Managed Futures Strategy…