Birkenstock Files for IPO
L Catterton is among the shoemaker’s backers. Source link
Tech Stocks Pull Market Lower
Technology stocks pulled the S&P 500 lower after a disappointing forecast from Oracle damped enthusiasm for the sector. Source link
Unions Are Having a Moment. Investors Should Take Heed.
A possible UAW strike shows organized labor’s growing clout, and could lead to higher inflation. Source link
Beijing Throws China's Housing Market a Bone
The policy paralysis of the past half year has given way to stronger signals that Beijing wants to support the market. But it still seems to want a floor rather than a strong rebound per se. Source link
Banks Load Up on $1.2 Trillion in Risky ‘Hot’ Deposits
Sept. 12, 2023 5:30 am ET Listen to article (2 minutes) At midyear, Zions Bancorp reported holding $8.5 billion in brokered deposits, an obscure but costly banking industry product that is drawing attention from regulators. At this time last year, the Salt Lake City-based bank had practically none. Copyright ©2023 Dow Jones & Company, Inc. […]
Amateurs Pile Into 24-Hour Options: 'It's Just Gambling'
Rookie speculators try to strike it big on short-term investments that often act like lottery tickets Source link
Shari Redstone's National Amusements Strikes Deal With Lenders
The family holding company agreed to partial debt paydowns and higher interest rates. Source link
Energy Stocks Are Back in the Market's Driver's Seat
Oil prices are at their highest level this year. Source link
The 11% Yield That Isn't in Your Mutual Fund
Competitive yields are tough to find in the stock market these days. For investors who aren’t averse to risk, business development companies offer an exception. Source link
Tesla Surge Propels Stock Markets Higher
Major indexes open the week with gains while investors await economic data. Source link