MONEY
B. Riley’s stock rallies on report of unit sale to Oaktree
Shares up 33% as report surfaces of deal for two businesses housed in its Great American Group Source link
Palo Alto Networks earnings could hold early clues about the CrowdStrike fallout
Peloton and Target are among other notable companies that will post results in the week ahead. Source link
China’s luxury-goods heyday is history
With sales of high-end goods on the decline and future economic growth set to moderate further, luxury companies are gradually recognizing that China isn’t the
Budget deficit climbs 10% in July as government spends more on interest than Medicare, military
The U.S. budget deficit in July increased 10% from a year ago, driven by higher government spending and bigger interest payments on the national debt.
‘A scary game’: How a fugitive yoga instructor stole millions from public pension funds
Roberto Montano embezzled $10 million from a forestry project backed by a U.S. investment fund, then went into hiding in Nicaragua for a decade before
Are you a set-it-and-forget-it investor? Why you should still check in on your retirement investments.
“Set it and forget it” can help you establish a plan and exercise discipline, but sometimes it’s OK to ignore that advice. Source link
‘It’s exhilarating and shameful’: I’ve saved hundreds of dollars eating $5.99 restaurant meals, but it comes at a high price — feeling cheap and nasty.
“It’s a bit like ‘Meals on Wheels’ for moochers, except you have to actually collect the food yourself.” Source link
Small-caps and value stocks dominated in July by the widest margin in decades. Can the ‘great rotation’ continue?
The “great rotation” that turned the market on its head this month has shown investors that patience can pay off. Source link
Tech giants lead a big earnings week as markets grow cautious. Analysts say this one is a ‘more stable’ AI play.
With results due this week from Amazon.com Inc., Apple Inc., Facebook parent Meta Platforms Inc. and Microsoft Corp., markets will get four opportunities for a
No, CrowdStrike didn’t send $10 gift cards to customers after its outage. Here’s what happened.
A massive technology outage linked to cybersecurity firm CrowdStrike Holdings Inc. may have been the largest tech disruption in history — and the company has