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Revlon Stock Surges Despite Bankruptcy Filing
Cosmetics maker Revlon officially filed for Chapter 11 last week, but you wouldn't realize that by just looking at its stock (REV). Despite the bankruptcy, REV has been surging and saw a 138.89 percent increase in the past five days alone.
Revlon stock plunged to $1.17 in the days leading...
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Crypto Trader Voyager Digital Limits Withdrawals to $10K
Voyager Digital is the latest cryptocurrency platform to impose withdrawal restrictions on its customers. The crypto trader announced on...
U.S. Gas Prices Fall Below $5, Could Go Lower in Coming Weeks
The U.S. gas prices are finally cooling off. After steady jumps in the past, which saw Americans paying more...
Mars Announces CEO Grant F. Reid Retirement, Reveals Impressive Sales Figures
Food maker and animal care services provider Mars is bracing for a major management shakeup later this year. The...
Mortgage Rates Make Another Jump, Approach 6% Mark
The U.S. home market continues to put new challenges in front of homebuyers. The mortgage rates have made another...
Binance.US Adopts Zero-Fee Policy for Bitcoin Trading
Crypto exchange Binance.US will stop taking fees on trades involving the world's most popular cryptocurrency Bitcoin. The zero-fee policy...
27% of Older Americans Have Less Than $10K Saved up for Retirement
A recent survey by Sagewell Financial showed almost one-third of older Americans are not ready for retirement. According to...
Fed’s Patrick Harker Says Demand is Softening amid Interest Rate Hike
The Federal Reserve's decision to increase the interest rate by 0.75 percentage points last week is already showing positive...
Facebook and Instagram Introducing More Ways for Creators to Make Money
Content creators on popular social media platforms Facebook and Instagram will have more ways to monetize their content in...
Amazon Will Run Out of People to Hire by 2024 According to Internal Memo
Amazon Inc. is just a couple of years from facing a problem that could hugely impact its business. According...
Home Sales in the U.S. Slide to 2-Year Low
The U.S. home sales continued their downward trajectory in May as surging mortgage rates and rising prices show no...
Deutsche Bank Predicts “Earlier Than Expected” Recession
The Federal Reserve's decision to raise interest rates by 0.75 percentage points has prompted many experts to predict that...
Kellogg Stock Jumps after Company’s Split Announcement
Food maker Kellogg announced on Monday that the company would split into three separate entities in an attempt to...