DraftKings's revenue increased more than 80% from last year, beating estimates. And the sportsbook operator expects…
Author: Arthur Bleemer
Why DraftKings CEO Jason Robins isn’t celebrating the company’s big year: ‘I’ll gloat when I’m dead’
DraftKings's revenue increased more than 80% from last year, beating estimates. And the sportsbook operator expects…
U.S. bank deposits edge down in latest week while lending rises
Deposits at commercial U.S. banks fell in the week ending April 26, according to a report…
Dow ends up more than 500 points, U.S. stocks snap 4-day losing streak after jobs report, Apple earnings
The U.S. stock market ended sharply higher Friday, boosted by a strong April jobs report, a…
Cannabis company offers jobs to laid-off Burger King employees in Michigan
While hiring picks up in several states, the number of legal cannabis jobs nationally dwindles, as…
Kentucky Derby 2023: One exotic betting strategy that could pay off big
Here's a look at the 2023 Kentucky Derby contenders and one betting strategy that could lead…
China Caixin Services PMI Slips, But Stays Firmly in Expansion Territory
A private gauge of China's service sector declined in April but still stayed in expansion territory…
Reserve Bank of Australia still jittery about stubborn inflation risks
The Reserve Bank of Australia continues to warn that while inflation pressures have peaked, the risks…
Bank stocks’ volatility draws scrutiny for potential market manipulation: report
State and federal authorities are looking into the possibility of market manipulation behind recent volatility in…
Just in time for Cinco de Mayo: Five tequilas and mezcals worth trying
The market for the popular Mexican spirits has grown into a $6 billion one in the…
Apple’s ‘forecast’ suggests worst stretch for sales growth since 2016, but stock is still headed higher
Apple Inc.'s investors showed enthusiasm after the company beat on earnings, but they may have missed…
KeyCorp executive buys up stock amid regional-bank selloff
KeyCorp shares have declined 17% over the past week amid pressure on regional-banking names, and they've…