Wallstreet

McDonald’s McFlurry Machine Is Broken (Again). Now the FTC Is On It.

Can the FTC help get you your McFlurry?

As many customers of McDonald’s know all too well, the fast-food chain has struggled for years to keep its ice cream machines working. Without them, people can’t get a milkshake, soft cone or above all a McFlurry, a cup of soft ice cream with candy and cookies that is whipped about in a blender with a specially designed hollow spoon.

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Apple Plans Blood-Pressure Measure, Wrist Thermometer in Apple Watch

Apple Inc. is working on new health-related features for its smartwatch, including a tool to tell users when their blood pressure is increasing and a thermometer to help with fertility planning, according to people familiar with the plans and internal company documents.

The fertility feature could be available as soon as next year, along with potential improvements to its irregular-heartbeat monitoring and an upgrade to how it tracks sleep patterns, the people said and the documents show.

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Wall Street hits new highs after Fed extends stimulus package | US economy

Share prices hit fresh records on Wall Street on Friday after the head of the US central bank, Jerome Powell, expressed concern about rocketing Covid-19 infections and gave no new clues on when the Federal Reserve would start to ease back on its stimulus programme.

Speaking at the virtual gathering of central bankers at Jackson Hole in Wyoming, the Fed chairman said that, while the economy was recovering from the pandemic, he and his fellow policymakers were carefully monitoring the impact of the Delta variant of the coronavirus.

Powell’s remarks were far less hawkish than some Wall Street analysts had

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Wall Street rises as Powell gives no signal on taper

People are seen on Wall Street outside the New York Stock Exchange (NYSE) in New York City, U.S., March 19, 2021. REUTERS/Brendan McDermid/File Photo

Aug 27 (Reuters) – Wall Street’s main indexes extended gains on Friday as Federal Reserve Chair Jerome Powell signaled the U.S. central bank will remain patient as it tries to nurse the economy back to full employment.

In prepared remarks for a speech to the Jackson Hole economic conference, Powell said the U.S. economy continued to make progress towards the central bank’s benchmarks for reducing its pandemic-era emergency programs, but stopped short of signaling the timing

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Cramer explains why the tragic events in Afghanistan are not really impacting Wall Street

CNBC’s Jim Cramer on Thursday tried to explain why the deteriorating situation in Afghanistan, including the two suicide bombings that killed U.S. service members, has yet to significantly impact Wall Street trading.

The “Mad Money” host said many people have asked him why the stock market seemingly hasn’t reacted to “the increasingly tragic events in Kabul,” which is under the Taliban’s control after the insurgency toppled the U.S.-backed Afghan government earlier this month. The Taliban reclaimed power in the country as the U.S. sought to withdraw its troops after a roughly two-decade presence there.

Cramer pointed to history to demonstrate

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Opinion | My Years on Wall Street Showed Me Why You Can’t Make a Deal on Zoom

For all the endless bravado and gobs of money sloshing through Wall Street, at their core, banking and trading are apprenticeship businesses. They are akin to the Florentine guilds of the Renaissance, in which the subtleties and intricacies of art and science were absorbed over many years through careful observation.

In my 17 years on Wall Street advising corporate executives on restructurings, leveraged buyouts and mergers and acquisitions, I was far from God’s gift to the profession. But watching and learning from Wall Street giants such as Felix Rohatyn at Lazard and Ray McGuire at Merrill Lynch were invaluable. Sitting

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Cramer sees chance to buy the dip as Wall Street delta worries persist

CNBC’s Jim Cramer on Wednesday urged investors to pounce on stocks that pull back due to Wall Street’s concern about the Covid delta variant and its potential to inhibit economic growth.

The “Mad Money” host’s comments came after all three major U.S. equity indexes closed in the red for the second-straight session. Only one of the S&P 500’s 11 sectors, consumer discretionary, finished in positive territory Wednesday, advancing 0.15%. Energy was the biggest laggard, declining 2.4%.

“This is day two of a larger sell-off. All I ask is that as the market gets more hideous, you get more interest in

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Top Wall Street analysts are underwhelmed by Robinhood. Here are their concerns

People wait in line for t-shirts at a pop-up kiosk for the online brokerage Robinhood along Wall Street after the company went public with an IPO earlier in the day on July 29, 2021 in New York City.

Spencer Platt | Getty Images News | Getty Images

Robinhood has proven popular with young traders, but it still has work to do to earn the approval of some of the top Wall Street analysts.

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Zeta Global Hones Its Martech Pitch To Wall Street

Zeta Global has had a rocky first two months as a public company. Its stock is down by a little more than a third since IPOing on the New York Stock Exchange in June.

But the whims of Wall Street investors don’t always align with the true value of a business.

Zeta CEO David Steinberg defended the company’s balance sheet. For one thing, Zeta started off with a net loss of $95 million in Q2 2021, after a net loss of $15 million a year ago. But that’s because Zeta paid off a one-time $119 million fee on pre-IPO shares

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