The Latest Breaking News from UBS

We finally have proof of the ‘rich-cession.’ The number of millionaires fell the most since the Global Financial Crisis of 2008, UBS says

Global wealth fell year over year, but declines were concentrated among the richest people in the richest countries.

Fortune · Aug 15, 2023

UBS agrees to $1.4 billion settlement over role in 2008 financial crisis

Companies in the financial sector have now paid more than $36 billion in U.S. settlements relating to the crisis.

Fortune · Aug 15, 2023

Global wealth fall cost 3.5m people ‘dollar millionaire’ status last year

UBS says assets dipped for first time since financial crisis as high inflation and struggling currencies took toll

The Guardian - UK · Aug 15, 2023

Stocks Gain on Positive Q2 Earnings Results

What you need to know… The S&P 500 Index ($SPX ) (SPY ) today is up +0.67%, the Dow Jones Industrials Index ($DOWI ) (DIA ) is up +0.94%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is up +0.49%. Stocks this morning are moderately higher on optimism that...

Barchart · Aug 7, 2023

Markets Today: Stocks Push Higher on Earnings Optimism

Morning Markets September E-Mini S&P 500 futures (ESU2 3) this morning are up +0.28%, and Sep Nasdaq 100 E-Mini futures (NQU2 3) are up +0.41%. Stock indexes this morning are moderately higher on optimism that Q2 corporate earnings results will continue to outperform. M&A activity also boosted stocks after Campbell...

Barchart · Aug 7, 2023

Pickleball injuries spike as popularity rises

Medical costs for pickleball-related injuries are expected to reach $250 million to $500 million this year, according to investment banking company UBS.

Chicago Sun-Times · Aug 4, 2023

Looking for a new car? Don’t expect prices to drop just yet

Electric vehicles have seen price cuts, but so far the trend has stayed within that small segment of the market.

Chicago Sun-Times · Jul 27, 2023

Tough Crowd: Nearly 6 Million Q2 Subscription Adds Not Enough For Unhappy Netflix Investors, Stock Craters

Netflix stock was down over 9% during Thursday Nasdaq trading

Broadcasting & Cable · Jul 20, 2023

Big growth plans for the world’s smallest gelateria

‘The first 500 machines delivered from China were built upside down’

Evening Standard · Jul 18, 2023

Stocks Fall Back as Inflation Expectations Climb

What you need to know… The S&P 500 Index ($SPX ) (SPY ) Friday closed down -0.10%, the Dow Jones Industrials Index ($DOWI ) (DIA ) closed up +0.33%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) closed down -0.04%. Stocks Friday initially moved higher, with the S&P 500...

Barchart · Jul 14, 2023