Paramount’s Debt Rating Downgraded to ‘Junk’ as Cable Subscriptions Plunge
Hollywood studio Paramount Global has been downgraded to junk status by S&P. S&P cited a continued decline in cable TV subscribers as the reason for the credit rating change. Paramount, which owns numerous terrestrial TV properties including CBS, Nickelodeon, MTV, BET and Comedy Central, faces similar dire economic forecasts as other legacy studios. American households […]
White House on Ukraine energy grid attack: Putin’s effort to ‘plunge them into darkness’
The White House claimed on Friday that Russia’s latest attack on Ukraine’s energy grid is an attempt by Russian President Vladimir Putin to “plunge” the country into “darkness.” Adrian Watson, a spokesperson for the National Security Council, said: “Russia overnight launched the largest air raid on Ukraine’s energy grid since the start of the war, […]
This week’s personal loan rates edge up for 3-year loans, plunge for 5-year loans
Here at Credible Operations, Inc. (NMLS No. 1681276) (hereafter referred to as “Credible”), our goal is to give you the tools and confidence you need to improve your finances. We promote the products of financial institutions we work with in exchange for our services, but all opinions are our own. Weekly updates on the latest […]
Gucci parent Kering’s shares plunge 15% as sales in Asia nosedive
Kering shares plunged on Wednesday, their worst day ever after the French luxury goods company warned that a downturn in Asia would cause first-quarter sales of its star brand Gucci to fall by about 20%. This is expected to be the case. Kering shares fell 12%, shedding about $8.6 billion in market capitalization, while other […]
Cold air, snow returns to US with 180 million Americans expected to plunge below average Monday
Spring-like temperatures gave millions of people across the country a little taste of the warm weather to come this spring, but more than half of the United States could feel the last days of winter’s cold on Monday as cold air moves in from Canada. It will be. Spring officially arrives on Tuesday, but it […]
BUD Shares Plunge 6% as Altria (NYSE:MO) Offloads Shares – TipRanks.com – TipRanks
Yesterday, we broke the news about tobacco giant Altria (New York Stock Exchange: Missouri) and plans to sell some of its shares in Anheuser-Busch InBev (New York Stock Exchange: Bud). But today, we’re seeing the fallout from that decision, and it’s the disaster some may have feared for Anheuser-Busch InBev, which plummeted nearly 6% in […]
Shirtless Wisconsin US Senate candidate takes cold plunge in frigid lake, challenges Democratic opponent
On Thursday, a shirtless U.S. Senate candidate broke through the ice of Lake Madison to throw cold water on the idea that he was a meek Californian rather than a tough Wisconsinite. And Eric Hovde challenged his Democratic opponent, Sen. Tammy Baldwin, to take the plunge. Mr. Hovde, a billionaire Republican, is trying to counter […]
Fox News viewers PLUNGE 52% after firing Tucker Carlson
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Are Stocks About to Plunge? A Recession Indicator That's Never Been Wrong Weighs In. – The Motley Fool
When examined through a broader lens, the stock market offers a path to long-term wealth creation. However, as that lens narrows, symbolic directional movements become less predictable. Dow Jones Industrial Average (^DJI 0.16%)standard S&P500 (^GSPC 0.03%)and growth potential Nasdaq Composite (^IXIC -0.28%) thrown out the window. While investors are overjoyed by the new bull market, […]
Jobless Claims Plunge To 201,000, Creating Further Doubts About Rate Cuts
So much for the idea that January’s surge in employment was an anomaly in a cooling labor market. The number of people who applied for unemployment benefits for the first time in mid-February was 201,000, down from 213,000 the previous week. Economists had expected a slight increase to 216,000. Filing for unemployment insurance is a […]