Former Treasury Secretary Henry Paulson on Thursday urged U.S. policymakers to prepare an emergency plan in case demand for Treasurys breaks down — warning that a crisis in the government bond market could trigger severe consequences across the economy.
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Some analysts say the most likely outcome for Live Nation would be more damages and penalties. Shares of the concert-ticketing giant rose on Thursday after falling a day earlier.
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“We call them ‘King Tut’ subjects — they’re buried with their gold.”
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The announcement came as Netflix reported first-quarter profits that shattered expectations, which it attributed in large part to faster-than-forecast subscriber growth, a recent price increase and the $2.8 billion breakup fee it received when its deal to acquire Warner Bros. Discovery collapsed.
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While most carriers pocket your premiums, mutual-insurance companies are owned by their customers.
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Madison Air raises $2.2 billion in the largest IPO this year, and the largest from the industrial sector since 1999.
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PepsiCo shares rallied Thursday after the beverage and snack giant indicated that new products and recent price cuts had brought back wary customers, while noting that it hadn’t taken much of a hit yet from the Iran war.
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AMD’s business of selling server CPUs has renewed shine in the eyes of investors.
6 hour ago
The extent of Microsoft’s recent stock gains, relative to what the options market was pricing, is something that “should only happen about one out of every hundred weeks,” analyst says.
6 hour ago
“Mom established a trust for one sibling who was not trustworthy. I am the trustee of my sibling’s trust.”
7 hour ago