Posts by Nathan Pine
Munetaka Murakami is bringing hope back to the Chicago White Sox
April is about to say goodbye as we move into May, and the first month of the 2026 MLB season has already been one to remember. In the AL Central, it is still anyone’s game, as no team has a record above .500 heading into the second month of the marathon campaign. Here’s the best…
Read MoreS&P 500, Nasdaq open higher as earnings optimism overshadows Middle East woes
Published Thu, Apr 30, 2026 · 09:46 PM [NEW YORK] The S&P 500 and the Nasdaq opened higher on Thursday (Apr 30) as investors drew comfort from strong earnings, even as fears about an escalation in the Middle East conflict deepened. The S&P 500 rose 25.8 points, or 0.36 per cent, at the open to…
Read MoreWall St mixed at open ahead of Big Tech earnings, Fed meeting
Published Wed, Apr 29, 2026 · 09:44 PM [NEW YORK] Wall Street’s main indexes were mixed at the open on Wednesday (Apr 29) as investors treaded carefully ahead of several Big Tech earnings reports and a Federal Reserve meeting expected to be the last for Jerome Powell as its Chair. The Dow Jones Industrial Average…
Read MorePhillies fire manager after losing 11 of last 12 games
It’s been a disastrous start to the 2026 season for the Philadelphia Phillies. The team reeled off a four-game win streak at the end of March and beginning of April, but since then, the Phillies have fallen off a cliff. Philadelphia’s 6-2 defeat to the Atlanta Braves on Sunday — the team’s 11th loss in…
Read MoreNasdaq opens lower as fresh concerns around AI pressure tech stocks
Published Tue, Apr 28, 2026 · 09:49 PM [NEW YORK] The Nasdaq Composite opened lower on Tuesday (Apr 28), underperforming the benchmark S&P 500 and the blue-chip Dow, as investors questioned whether the artificial intelligence boom can deliver meaningful growth for technology stocks. The Wall Street Journal reported that AI heavyweight OpenAI had missed internal…
Read MoreWall St opens lower as investors weigh US-Iran conflict before earnings rush
Published Mon, Apr 27, 2026 · 09:44 PM [NEW YORK] Wall Street’s main indexes opened slightly lower on Monday (Apr 27) as peace talks between the US and Iran stalled, while investors awaited a flood of earnings as well as commentary from the Federal Reserve meeting this week. The Dow Jones Industrial Average fell 118.5…
Read MoreHow states are cracking down on rich as California tax reaches milestone
A much-debated proposal to place a new tax on California billionaires has collected enough signatures to reach state voters in November, a labor union backing the measure announced over the weekend. The so-called “California Billionaire Tax,” spearheaded by the Service Employees International Union-United Healthcare Workers West (SEIU-UHW) union, calls for the introduction of a one-time…
Read MoreUI Boustead Reit, Fraxtor Group to develop two Japan logistics facilities
The Reit’s share of the total development cost is about 2.5 billion yen, or S$20.4 million [SINGAPORE] UI Boustead Real Estate Investment Trust (Reit) has entered into a joint venture with Fraxtor Group to develop two logistics facilities in Japan, said the Reit manager in a bourse filing on Friday (Apr 24). Total development costs,…
Read MoreRicky Sandler shuttering Eminence Capital after 27-year run
Published Sat, Apr 25, 2026 · 01:37 PM [NEW YORK] Hedge fund veteran Ricky Sandler is shuttering Eminence Capital and returning investor cash after a 27-year run, telling clients it has not performed well enough in recent years to keep operating. In a letter to investors, Sandler said that poor returns, the high cost of…
Read MoreP&G warns of US$1 billion profit hit in fiscal 2027 from higher oil prices
P&G joins a host of global companies flagging significant cost pressures from the war in Iran Published Fri, Apr 24, 2026 · 09:41 PM [WASHINGTON] US consumer goods giant Procter & Gamble on Friday (Apr 24) warned of a roughly US$1 billion hit to its fiscal 2027 profit from surging oil prices, joining a host…
Read MoreVideo: Who’s Getting a Tariff Refund?
new video loaded: Who’s Getting a Tariff Refund? Following a Supreme Court ruling that struck down several Trump administration tariffs, importers have begun applying for their share of $166 billion in refunds. As our economic policy reporter Tony Romm explains, consumers are unlikely to see much of that money returned to their own pockets. By…
Read MoreChristian Hubicki Has No Regrets About His ‘Survivor’ 50 Game
Christian Hubicki came into Survivor 50 with a plan, and for most of the season, it was working. The robotics professor and season 37 alum orchestrated one of the biggest blindsides of the season, maneuvering Mike White out of the game before the merge could make Hubicki a target. “Maneuvering to get out Mike White,” he said, “was both strategically and tactically the right…
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