Category: FINANCE
Lineup refresh: Brian Stelter ‘taken off guard’ by CNN ouster
CNN personality Brian Stelter is leaving the network during an ongoing shakeup at the left-leaning cable news outlet, he confirmed on Thursday. …read more
https://nypost.com/2022/08/18/brian-stelter-to-leave-cnn-reliable-sources-program-canceled/
U.S. Plans to Shift Bill for Covid Shots and Treatments to Insurers, Patients
The end of government underwriting of such medicines could lead to a windfall for drugmakers. …read more
Sham dunk! NY Knicks to charge $3K for new courtside seats
Team owner James Dolan is rolling out a plan for a new section of ultra-premium courtside seats by breaking up the scorer’s table where media and game officials usually sit, The Post has learned. …read more
https://nypost.com/2022/08/18/new-york-knicks-to-charge-3k-for-new-courtside-seats/
After sleeping in a van overnight, a longshoreman shot 64 and qualified for this week’s PGA Tour Champions event
Tim Bogue, from Windsor in Sonoma County, made eight birdies at the Apalachin golf course in a round of 64 and closed three clear of next-best in a field of competitors seeking to gain one of the … https://finance.yahoo.com/news/sleeping-van-overnight-longshoreman-shot-005100598.html
Jobless claims dip slightly despite signs of slowing economy
Hiring in the United States in 2022 has been remarkably resilient in the face of rising interest rates and weak economic growth. …read more
https://nypost.com/2022/08/18/jobless-claims-dip-slightly-despite-signs-of-slowing-economy/
Cohen Sells Stake in Bed Bath & Beyond, Pressuring Shares
Billionaire investor Ryan Cohen cashed out his entire position in Bed Bath & Beyond this week, roughly five months after taking a major stake in the company and advocating for changes. …read more
Stockton credit union robbed of ‘undisclosed’ amount of cash
Cash was stolen in a robbery at Central State Credit Union in downtown Stockton Wednesday morning, according to Stockton police. https://finance.yahoo.com/news/stockton-credit-union-robbed-undisclosed-005044970.html
Existing home sales drop to two-year low, prices remain high
Home resales, which account for the bulk of US home sales, plunged 20.2% on a year-on-year basis. …read more
https://nypost.com/2022/08/18/existing-home-sales-drop-for-sixth-straight-month/
China’s GigaCloud Goes Public in U.S., Bucking Delisting Trend
The e-commerce company generates all of its revenue outside of China and says it is prepared to switch auditors if needed to satisfy U.S. regulatory requirements. …read more
This fan says the Seahawks need Jimmy Garoppolo ‘freaky fast’
One Seahawks fan brought a sign to tonight’s game suggesting they need 49ers QB Jimmy Garoppolo. This really is the worst timeline. Seahawks Highlights: Charles Cross shuts down Robert Quinn on third … https://finance.yahoo.com/news/fan-says-seahawks-jimmy-garoppolo-005027350.html