United Health Group | 2023 Fortune 500

(Bloomberg) — Cisco Systems Inc. Inc., the largest maker of computer networking equipment, is in late trading after the company outlined advances in artificial intelligence and security technology, which helped ease concerns about slowing sales. Most Read from Bloomberg Cisco, which reported its fourth-quarter financial results on Wednesday, is seeing surging demand fueled by the…

Consolidation may be coming to the US steel industry. Ina Fassbender/AFP via Getty Images font size Investors should prepare for volatile trading in steel stocks to start a new week. Steel company built by Andrew Carnegie JPMorgan You may not be independent for much longer. Sunday, United States Steel (Stock ticker: X), which was formed…

Traders work on the floor of the New York Stock Exchange in New York on November 25, 2008.Photograph: Lucas Jackson/Reuters The US economy may soon be in danger of contracting, according to Wermuth Asset Management. Fluctuating commercial property values ​​correcting huge stock valuations would drive prices lower. Inflation accelerated by 3.3% year-on-year in Julymuch lower…

Ask an Advisor: I’m 61 and have $900K in my 401(k) account and $800K “sitting in a money market account”. How do I invest? I have $800,000 in a money market account because I don’t know what to do with it. I was hoping I could put it into something that could generate 4-5% growth….

Michael Perry, who was famous for shorting subprime mortgages before the 2008 financial crisis, closed the majority of his regional banking dealings in the second quarter, filings With the SEC revealed on Monday. Burry Scion Asset Management’s hedge fund divested stakes in Western Alliance (WAL), Huntington Bank (HBAN), PacWest (PACW) and First Republic (FRCB) during…

Bitcoin and Ether fell Thursday morning in Asia, along with the top 10 most volatile digital currencies. Bitcoin briefly fell below $28,500, while losses in Ether kept it below the important psychological minimum of $1,800. Smaller altcoins such as Dogecoin, Solana, and Ripple have suffered the biggest declines. In more bullish news, Coinbase Global has…