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Engadget
Nikola founder Trevor Milton convicted on three charges of fraud
Trevor Milton, the founder and former executive chairman of Nikola, has been found guilty on three counts of fraud for misleading the electric vehicle company’s investors about its business and technology.
Bloomberg
US Year-Ahead Inflation Views Rise for First Time Since March
(Bloomberg) — US year-ahead inflation expectations rose in early October for the first time in seven months and the long-term outlook also crept up, a potentially worrisome development for the Federal Reserve as it tries to keep views anchored.Most Read from BloombergRolex Prices to Drop Further as Supply Surges: Morgan StanleyWorld Faces New Threats From Fast-Mutating Omicron VariantsPutin Tried for Years to Stop His Military From Using Western Parts — And Mostly FailedTesla Sinks 50% From Nov
Yahoo Finance
The Fed’s Daly: Hot CPI print shows ‘the data not cooperating’
San Francisco Fed President Mary Daly told Yahoo Finance that she expects the Fed to stay the course when it comes to expectations for interest rate hikes after the latest core inflation reading came in at a 40-year high.
Bloomberg
Walker Helps Drama-Filled Senate Bid With Solid Debate Showing
(Bloomberg) — Republican Senate contender Herschel Walker exceeded expectations in his highly anticipated debate with incumbent Raphael Warnock in Georgia by staying on message and on the attack.Most Read from BloombergRolex Prices to Drop Further as Supply Surges: Morgan StanleyWorld Faces New Threats From Fast-Mutating Omicron VariantsPutin Tried for Years to Stop His Military From Using Western Parts — And Mostly FailedStocks Upended by Inflation Survey’s Sobering View: Markets WrapTesla Sin
Reuters
Alex Jones faces long odds hiding assets after $1 billion Sandy Hook verdict, experts say
Right-wing conspiracy theorist Alex Jones has vowed to fight a nearly $1 billion defamation verdict against him, but experts say neither bankruptcy nor an appeal of a Connecticut jury’s findings on Wednesday are likely to salvage his personal fortune and media empire. A jury in Waterbury, Connecticut, state court found Jones and the parent company of his Infowars website must pay $965 million to numerous families of the 20 children and six staff members slain at Sandy Hook Elementary School in Newtown, Connecticut, in 2012 for claiming they were actors who faked the tragedy as part of a government plot. The verdict could grow substantially when a judge decides how much to award in punitive damages next month.
Yahoo Sports
Fantasy Football: Sit/Start tips for Week 6 of the NFL season
Fantasy football analyst Dalton Del Don reveals his top lineup advice for Week 6.
Yahoo Finance Video
NIO Inc. stock performance and analyst projections
NIO Inc. stock is trending on the Yahoo Finance Platform. Here is a visualization of $NIO performance over time, how that performance compares to the wider industry, and analyst projections for the current quarter.
Motley Fool
Why Rivian’s Shares Fell 7.5% on Friday
Shares of electric vehicle (EV) manufacturer Rivian (NASDAQ: RIVN) sank in Friday morning trading. At that time, the tech-heavy Nasdaq Composite was down by 2.3%. A number of factors were working against Rivian’s shares.
TipRanks
Time to Bottom Fish? 3 ‘Strong Buy’ Stocks That Are Down Over 40% This Year
Everyone is hoping the market might be bottoming and by the recent actions of Bank of America clients, some evidently think the lows must be in sight. Last week, BofA customers splashed out $6.1 billion on US stocks, in what amounted to the third largest inflow since 2008. While the bank has stated it is not as confident the bottom is quite so close, it’s not hard to see why investors feel the time is right to lean into equities. The widespread losses have left scores of beaten-down stocks looki
MarketWatch
There’s no rush to buy I-bonds
This week’s worse-than-expected inflation report led to turmoil in more than one market, but you only read about one of them. What got far less attention was the flurry of excitement that the inflation report caused in the normally-staid I-bond market.
Insider Monkey
10 Best LNG and LNG Shipping Stocks to Buy Now
In this article, we discuss the 10 best LNG and LNG shipping stocks to buy now. If you want to read about some more LNG and LNG shipping stocks, go directly to the 5 Best LNG and LNG Shipping Stocks to Buy Now. According to Shell LNG Outlook 2022 report, global trade in LNG climbed […]
TipRanks
Inflation at 8.2%: 2 ‘Strong Buy’ Dividend Stocks to Protect Your Money
Last month, the Federal Reserve implemented its fifth straight interest rate hike this year, and its third consecutive hike at 75 basis points, bringing its key funds rate up to the 3% to 3.25% range. The move showed that the central bank is deadly serious about taking on the stubbornly high inflation that has been plaguing the economy since the middle of 2021. The Fed’s turn toward an aggressive anti-inflationary policy may not be hard enough, however, as the September data, released this morni