Business

Goldman finds cheap stocks with strong and growing dividend yields for this market turmoil

Now that the market has fallen to its 2022 lows and bond yields have surged to their highest levels in years, traders preparing their portfolios for more volatility and uncertainty may want to turn to high dividend-yield stocks for good returns and stability. On Wednesday the yield on the 10-year US Treasury yield rose above …

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Virgin Atlantic says men can wear skirts, updates gender policy

Check out what’s clicking on FoxBusiness.com British airline Virgin Atlantic on Wednesday updated its gender policy and uniform requirements, allowing male employees to wear skirts. Under the airline’s new policies, there will no longer be a “requirement for its people to wear gendered uniform options,” Virgin Atlantic said in a press release. The airline’s crew, …

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Berkshire Hathaway Inc. Cl B stock outperforms market on strong trading day

Shares of Berkshire Hathaway Inc. Cl B BRK.B, +2.38% rallied 2.38% to $271.78 Wednesday, on what proved to be an all-around great trading session for the stock market, with the S&P 500 Index SPX, +1.97% rising 1.97% to 3,719.04 and the Dow Jones Industrial Average DJIA, +1.88% rising 1.88% to 29,683.74. This was the stock’s …

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Recession By 2023, Here Is How Crypto Market Might Benefit

It was in November 2021 that the world’s first cryptocurrency, Bitcoin hit an all-time high of $69,000. Since then BTC has been struggling for a bull run combating increasing interest rates by the Federal Reserve to curb the rising inflation. Amidst this increasing inflation rate, there comes a fear of recession where a few market …

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GM delays return-to-office after employee protest: ‘General Motors is doomed’

General Motors pushed back the start of a return-to-office plan after facing fierce resistance from employees over its handling of the rollout. The Detroit-based auto giant rankled corporate employees by announcing in a memo last Friday afternoon that they would be required to work onsite at least three days per week beginning later this year. …

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Waffle House closes restaurants across Florida as Hurricane Ian approaches

When Waffle House closes, you know it’s going to be bad. The popular restaurant chain known for its waffles and smothered hash browns rarely closes its doors, often providing food and resources to first responders during natural disasters. But every so often, like Wednesday in Florida, the weather is just too dangerous. “We will have …

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Wild UK market swings ‘opportunity of a lifetime’ for hedge funds

Sept 28 (Reuters) – The wild swings seen in British markets provided an “opportunity of a lifetime” to trade currencies and bonds, hedge funds and traders said on Wednesday. Sterling and British gilts were whipsawed after the Bank of England stepped into stem a rout in bond markets triggered by Friday’s mini-budget. The BoE said …

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