Fintech app Dave faces legal action over deceptive marketing
The DOJ is seeking civil penalties, refunds for consumers, and a court order to halt the company's alleged unlawful practices.
The DOJ is seeking civil penalties, refunds for consumers, and a court order to halt the company's alleged unlawful practices.
“Past performance won’t guarantee future returns” is one of the first lessons in investing, a useful reminder that we can never tell what the future has in store. At the same time, a strong track record for a particular company can also suggest that the good times just might keep on rolling. So, what does it mean when a stock gains 1,000% or more in a single year? A jump of that magnitude signifies sustained outperformance – and investors will rightly wish to take a closer look. Wall Street’s an
(Bloomberg) -- Chinese stocks posted their first annual advance since the pandemic, and more gains may be in store if Beijing offers further growth support.Most Read from BloombergDetroit’s Michigan Central Is the Building Revival Story of 2024Migrant Crisis Pushed US Homelessness to Record High in 2024The onshore benchmark CSI 300 Index has climbed almost 15% since end-2023 to halt an unprecedented three-year losing streak. A gauge of Chinese equities listed in Hong Kong jumped 26% to record it
Stocks have been falling through the final trading days of 2024, as investors have grown nervous about next year's prospects.
Boeing shares fell more than 2% Monday after South Korea ordered an inspection of all 737-800 planes in the aftermath of a Jeju Air crash over the weekend that killed 179 people. Monitor these important chart levels.
The price of natural gas is up 176% since its 2024 intra-day low reached in mid-February and up about 90% since its early August lows.
"It's not just the Fed, but Donald Trump's trade and fiscal posture have also scared investors away from extending duration," David Rosenberg wrote.
Boeing shares were down as much as 6% Monday morning. Authorities in Korea believe a bird strike could have been a factor in the fatal crash.
Pennsylvania Governor Josh Shapiro filed a complaint with a federal energy regulator against PJM Interconnection on Monday, arguing that the largest U.S. power grid operator must change its market rules or risk soaring electricity costs. PJM Interconnection, which runs the electrical grid covering more than 65 million Americans across parts of 13 states from Illinois to New Jersey, has faced increased public scrutiny since July, when it said its annual capacity auction would result in record-high payments to power plants in its system. "It is difficult to escape the conclusion that PJM's capacity market is currently failing," Shapiro, a Democrat, and the Commonwealth of Pennsylvania said in the complaint filed with the Federal Energy Regulatory Commission.
According to Fairlead Strategies founder Katie Stockton, the recent weakness in the stock market flashed a technical "sell" signal.