Dow Theory is based on the foundational work of Charles Dow, considered the “Father of Technical Analysis.” Many of the tools we employ to better analyze market structure and investor sentiment,…
While wealthier consumers benefit from higher stock and real estate valuations, lower-wage Americans are crushed by high prices, and many fall behind in credit card debt. Meanwhile, the Fed has…
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‘It is time to break up Live Nation’: DOJ sues Ticketmaster parent over alleged monopoly
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The Justice Department filed a lawsuit Thursday seeking to break up Live Nation, the parent company of Ticketmaster, alleging it has hurt consumers and violated antitrust laws by exercising outsize…
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Dow falls 600 points in worst day of 2024 as Nvidia’s blockbuster earnings fail to lift broader market
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Stocks fell Thursday, with the Dow Jones Industrial Average registering its worst day of 2024, as a post-earnings rally in Nvidia failed to lift the broader market. The 30-stock Dow slid 605.78 points,…
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Palm Beach housekeepers are making $150,000 a year due to massive demand from the wealthy
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A version of this article first appeared in CNBC’s Inside Wealth newsletter with Robert Frank, a weekly guide to the high net worth investor and consumer. Sign up to receive future editions,…
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Frontier CEO urges crackdown on ‘rampant abuse’ of airport wheelchair service
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The 1986 Air Carrier Access Act requires airlines to provide a wheelchair to passengers with disabilities at the airport. The problem: Many travelers are faking it, Frontier Airlines CEO Barry Biffle says.…
More than half of Americans think that the United States is in an economic recession, although gross domestic product has been increasing for the past several years. According to a new Guardian/Harris poll, 56% of respondents said…
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Target, McDonald’s and others are offering value as they lose ground with bargain hunters
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Target’s weak quarterly earnings underscored why it cut prices on thousands of household staples: it’s struggling to win over bargain hunters. The discounter is not alone. Target’s first-quarter results on Wednesday not only…
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Collapse of fintech firm with 10M users leaves many Americans without access to their money
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A dispute between a fintech startup and its banking partners has ensnared potentially millions of Americans, leaving them without access to their money for nearly two weeks, according to recent…
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Warner Bros. Discovery’s NBA rights offer could put it in competition with Amazon, not NBC
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Warner Bros. Discovery is considering matching an offer for the media rights to a package of National Basketball Association games as the league looks to finalize terms — but its focus…