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BUSINESS5d agoVerizon stock heads for worst day since 2002 as SpaceX U.S. network plans whack telcosSpaceX announced the spectrum deal Thursday, as the company aims to push deeper into the telecom market through its Starlink service.CNBC
BUSINESS5d agoThe surprising post-pandemic drop in income inequalityData: Federal Reserve Survey of Consumer Finances; Chart: Neil Irwin/AxiosMiddle- and lower-earners' inflation-adjusted incomes rose during the Biden years — but high earners saw their incomes fall.That's a surprising finding from one of the most thorough datasets on American household finances, released Friday morning by the Federal Reserve.Why it matters: The data sheds granular new information on a much-contested question: What happened to Americans' real incomes during the post-pandemic period? It featured an exceptionally tight job market and the highest inflation in decades, followed by Axios
BUSINESS5d agoMcEwen to sell Ontario properties to Discovery Mining in $55M cash-and-stock dealMcEwen is set to sell its Ontario properties to Discovery Mining in a deal valued at $55 million, consisting of both cash and stock. This transaction signifies a significant business move for both companies within the mining sector.Seeking Alpha Tech
BUSINESS5d agoMidterms present 10% swing risk for Wall Street - BofABank of America (BofA) indicates that the upcoming midterm elections pose a 10% swing risk for Wall Street. This suggests potential volatility or significant shifts in financial markets due to political outcomes.Seeking Alpha Tech
BUSINESS5d agoFlock offers voluntary separation packages to staff amid camera backlashThe automated license plate reader (ALPR) firm Flock Safety has offered employees voluntary separation packages ahead of its “next phase of growth,” as the firm faces mounting scrutiny from communities and policymakers across the country. “Flock recently offered current employees a generous Voluntary Separation Program as part of our efforts to position the company for…The Hill
BUSINESS5d agoSEC Proposes Expanding Securities Eligible for Cross Trading by Registered FundsThe Securities and Exchange Commission today proposed amendments to the Investment Company Act “cross-trading rule,” which permits transactions in securities between a registered fund and its affiliates under certain conditions. The proposed amendments…SEC
BUSINESS5d agoDOCS Investors Have Opportunity to Lead Doximity, Inc. Securities Fraud Lawsuit with SBS LawLOS ANGELES, Oct. 09, 2026 (GLOBE NEWSWIRE) — Schall, Brown & Schwartz LLP (“SBS”), a national shareholder rights litigation firm, reminds investors of a class action lawsuit against Doximity, Inc....nynewscast · united states of america
BUSINESS5d agoAmericans' debt problems are flashing a warning not seen since the Great RecessionResearchers found that while wealth disparities narrowed somewhat, the ability to meet debt payments deteriorated significantly.CNBC
BUSINESS5d agoIT Tech Packaging gets NYSE extension over 3 missed filingsIT Tech Packaging has been granted an extension by the NYSE due to its failure to submit three required financial filings. This indicates the company is facing regulatory challenges regarding its reporting obligations.Seeking Alpha Tech
BUSINESS5d agoTreasury yields have fallen after four of five House-flipping midterms, Ree saysTreasury yields have reportedly declined following a majority of US midterm elections that resulted in a House flip, according to a statement by Ree. This indicates a potential pattern of financial market response to political shifts.Seeking Alpha Tech
BUSINESS5d agoWall Street perks up as tech pain easesWall Street is showing signs of recovery as pressures on the technology sector appear to be alleviating. This suggests a positive shift in market sentiment related to tech stocks.Seeking Alpha Tech
BUSINESS5d agoFederal Reserve Board releases results of the 2025 Survey of Consumer Finances, which provides the public and policymakers with detailed insights into the economic condition of American familiesFederal Reserve Board releases results of the 2025 Survey of Consumer Finances, which provides the public and policymakers with detailed insights into the economic condition of American familiesFederal Reserve
BUSINESS5d agoEasing oil prices help send stocks higher at the end of a record-setting weekNEW YORK (AP) — Lower oil prices are helping to propel the U.S. stock market to the finish of a record-setting week, but financial markets remain indecisive. The S&P 500 rose 0.3% early Friday and clawed back some of its two straight days of losses since setting its all-time high. The Dow Jones Industrial Average rose 82 points, and the Nasdaq composite climbed 0.6%. The moves were tentative as oil prices continue to yo-yo because of uncertainty about when the war with Iran will allow the global energy industry to return to normal. Treasury yields flipped up and down in the bond market.local10 · united states of america
BUSINESS5d agoJack Henry & Associates upgraded to Buy equivalent at Piper Sandler on improved risk-rewardJack Henry & Associates received an upgrade to a "Buy equivalent" rating from Piper Sandler, indicating an improved risk-reward profile for the company's stock. This reflects an analyst's positive outlook on the company's financial prospects.Seeking Alpha Tech
BUSINESS5d agoMTY Food Group Inc. raises dividend by 35.1% to CAD 0.50MTY Food Group Inc. has increased its dividend by 35.1% to CAD 0.50. This indicates a positive financial performance and a return to shareholders.Seeking Alpha Tech
BUSINESS5d agoNetworking startup Eliyan gets takeover interest, held early talks with Arm - reportNetworking startup Eliyan is reportedly attracting takeover interest and has engaged in early discussions with Arm. This suggests potential consolidation or strategic moves within the technology sector.Seeking Alpha Tech
BUSINESS5d agoBMO Capital initiates coverage of American Express, Capital One, SynchronyBMO Capital has begun coverage of financial services companies American Express, Capital One, and Synchrony. This indicates new analytical attention on these major firms.Seeking Alpha Tech
BUSINESS5d agoShell acquires 30% stake in Canada's Bay du Nord oil project; Equinor retains 70%Shell has acquired a 30% stake in Canada's Bay du Nord oil project, while Equinor will retain the remaining 70% ownership. This transaction signifies a notable development in the energy sector's upstream investments.Seeking Alpha Tech
BUSINESS5d agoPolice launch first-of-its-kind national crackdown on train cargo theftIn a first-of-its-kind national blitz shown exclusively to CBS News, federal agents, railroad police and law enforcement in more than two dozen states hit the tracks and highways on the same night, using infrared drone cameras to track down thieves targeting cargo trains.CBS News
BUSINESS5d agoBrave Healer Productions Releases Gen Brave, Its First Young Adult TitleBETHESDA, Md., Oct. 9, 2026 /PRNewswire/ — Laura Di Franco, CEO of Brave Healer Productions, is proud to announce the release of Gen Brave, the eleventh title from its Brave Kids Books division...nynewscast · united states of america
BUSINESS5d agoZephyr Minerals increases private placement to C$300KZephyr Minerals has increased its private placement to C$300,000. This indicates a financial move by the company.Seeking Alpha Tech
BUSINESS5d agoTerrestrial Energy rises after submitting NRC filing for reactor plantTerrestrial Energy's profile is rising after the company submitted a filing to the NRC for a reactor plant. This indicates progress in its nuclear energy development.Seeking Alpha Tech
BUSINESS5d agoBofA downgrades Smithfield Foods to Neutral as pork market weakensBank of America has downgraded Smithfield Foods to a Neutral rating due to a weakening pork market. This indicates a shift in financial outlook for the company within the industry.Seeking Alpha Tech
BUSINESS5d agoGoldman Sachs expected to lead Wall Street's $19B trading revenue in Q3 - reportGoldman Sachs is projected to achieve $19 billion in trading revenue for Q3, positioning it as a leader on Wall Street. This report provides a financial outlook for a major banking institution.Seeking Alpha Tech