Browse more market moves, Bitcoin and digital asset updates, policy shifts, and personal finance stories from the Wealthier Today archive.
by Kayode Adeoti//2 minute read
On Tuesday, Peloton Interactive Inc. announced a public stock offering of $1.07 billion. Peloton will be selling 23.9 million shares (23,913,043) of its Class A common stock at a new stock offering price of $46 each....
by Kayode Adeoti//3 minute read
On Monday, Restaurant Brands International, the parent company of Burger King and Popeyes Louisiana Kitchen, announced it acquired Firehouse Subs for $1 billion. Restaurant Brands has been on the hunt for another fast...
by Kayode Adeoti//2 minute read
Earlier this week, Tesla CEO Elon Musk sold about $5 billion worth of shares in his electric car manufacturing company, mostly to pay taxes due after exercising options to acquire approximately 2.2 million shares of...
by Kayode Adeoti//3 minute read
According to the latest Job Openings and Labor Turnover Survey or JOLTS released by the Bureau of Labor Statistics on Friday, a record 4.4 million people in America quit their jobs in September, a difference of 100,000...
by Kayode Adeoti//3 minute read
This week, the world's richest man, Elon Musk, sold around $5 billion worth of shares in his electric car manufacturing company, Tesla. The number of shares offloaded by the Tesla owner and CEO amounts to 4.5 million,...
by Kayode Adeoti//3 minute read
Brivo Inc., a security software maker for buildings in particular, announced on Wednesday it is making plans to get listed as a public company through a merger with a newly formed special purpose acquisition company...
by Kayode Adeoti//3 minute read
Family debt punched through $15 trillion for the first time in the third-quarter report due to inflation, rapid increase in home and auto prices, and student loans. Total debt is almost $1.1 trillion higher than it was...
by Kayode Adeoti//2 minute read
Alphabet Inc becomes third US company to hits $2 trillion market capitalization. The shares of Alphabet Inc., the parent company of Google, surged on Monday with the stock passing the $2 trillion market capitalization...
by Kayode Adeoti//3 minute read
The House passed the most significant U.S. infrastructure bill in decades totaling up to $1 trillion. The bill received considerable bipartisan approval, with thirteen Republicans supporting it and six Democrats voting...
