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Stocks

“AMC completes $250 million stock sale during meme rally, shares jump 30%”

“AMC Entertainment raised about $250 million of new equity capital, completing the sale Monday during the revived meme stock craze triggered by the return of “Roaring Kitty.” The movie theater operator sold 72.5 million shares in an at-the-market equity offering that… Continue Reading…

Cryptocurrencies

Cryptocurrency Fraud: “FTX founder Sam Bankman-Fried to be released on $250 million bail, will live with his parents”

“FTX founder Sam Bankman-Fried was released on $250 million bond while awaiting trial for fraud and other criminal charges, a New York federal judge ruled Thursday. Bankman-Fried stepped out of U.S. District Court in Manhattan, flanked by his parents, his legal team,… Continue Reading…

Stocks

“Dow falls over 250 points as investors await details on Fed plans to shrink balance sheet”

“U.S. stocks were suffering a second day of declines on Wednesday, with technology and other growth shares leading the way lower as investors awaited expected details of the Federal Reserve’s plan to begin shrinking its nearly $9 trillion balance sheet.… Continue Reading…

Economy

“Higher Inflation Is Probably Costing You $250 a Month”

“The average U.S. household is spending an additional $250 a month because of inflation that is rising at its fastest rate in 40 years, a new economic analysis showed. The squeeze stems from higher prices across a range of products and… Continue Reading…

Economy, Personal Finance

“34% of shoppers consider a large purchase anything over $250…”

“When it comes to large purchases, Americans are showing they like to think ahead. Two out of three shoppers say they spend more time planning a large purchase than they do paying it off, according to a Wallethub survey. For 34%… Continue Reading…

Stocks

“Dow rises 250 points amid better-than-expected jobs data, Boeing shares jump”

“The Dow Jones Industrial Average jumped 250 points. The S&P 500 rose 0.3% and the Nasdaq Composite traded near the flatline. Shares of Boeing advanced 4% on optimism about an economic recovery. It looks like gains for the overall market… Continue Reading…

Stocks

“Penny stock Zomedica jumps 250% after… Netflix star Carole Baskin… mention”

“Little known Michigan-based animal health and veterinarian penny stock Zomedica surged nearly 250% since earning a mention from Netflix’s “Tiger King” star Carole Baskin last week. In a video re-posted to YouTube, Baskin delivers a glowing review for the company, saying “I… Continue Reading…

Business

“To Reduce Debt, Cumulus Considers Selling 250 Tower Sites.”

“CEO Mary Berner said last week the company is “considering strategic alternatives” for the Cumulus tower portfolio, which includes more than 250 sites across 32 states. Even though a radio station can’t operate without a tower, Berner, like other executives,… Continue Reading…

Business, Economy, Stocks

“S&P 500 hits record as Wall Street bets the Fed will lower interest rates, Dow surges 250 points”

“Stocks rose sharply on Thursday after the Federal Reserve hinted at possible interest rate cuts as soon as next month. The S&P 500 surged 0.9%, hitting a record high of 2,954.33 as the tech and energy sectors outperformed. The Dow Jones Industrial Average gained 256 points… Continue Reading…