Chipotle, Shake Shack, and other fast-casual food stocks tank, but the sell-off may be overdone
The fast-casual restaurant industry is hanging in there amid rising recession fears.
Fed, breaking with practice, has yet to report 2024 financial results
The Federal Reserve has broken this year with its long-standing practice of releasing an annual preview of its finances for the preceding year. The U.S. central bank has released a preliminary statement detailing its annual profit or loss in early January since at least 2006, but has yet to release the numbers for 2024. A Fed spokesperson said the audited version of the financial statement will be released later this month.
Sunnova Stock Hits All-Time Low on Report Solar Firm May File for Bankruptcy
Sunnova Energy International reportedly is looking to restructure its debt, and that may include filing for bankruptcy protection.
Chinese stocks, emerging market debt see large inflows in February, says IIF
NEW YORK (Reuters) -Foreigners added nearly $16 billion to their emerging market portfolios in February, with investors loading up on Chinese stocks as well as debt across developing economies, a report from a finance trade group said on Thursday. Chinese stocks sucked in $11.2 billion, but selling elsewhere meant emerging market equity portfolios saw a net outflow of $2.1 billion last month. The picture was the reverse in fixed income, where Chinese bonds posted a $15.1 billion outflow even as emerging market debt elsewhere raked in $33.2 billion.
Think You Know Bitcoin? Here's 1 Little-Known Fact You Can't Overlook.
Is Bitcoin's unchangeable nature a security liability? Here's what you need to know about the largest cryptocurrency's development before jumping to conclusions about its long-term security.
Crypto for Advisors: Memecoins
Memecoins have gained mainstream visibility recently. However, understanding what they are, how they work and where the risks are is critical.
Crypto's IRS Victory Reveals Reach in Congress That Demands Less Compromise
As the industry moves forward with bills on stablecoins and market-structure rules, the kind of dealing lobbyists were prepared to make may no longer be needed.
US wholesale inflation substantially slowed in February
Americans just got some reassurances that inflation was slowing, and not reaccelerating, last month.
Latest data shows inflation's fall to Fed's target 'continues to stall'
Thursday's reading of wholesale inflation follows a better-than-expected reading of consumer prices on Wednesday.
Crypto's DeFi Education Fund Swaps Directors as Miller Whitehouse-Levine Moves On
The advocacy group's chief legal officer, Amanda Tuminelli, will be the new executive director as her predecessor take a board role.