American Finance Insider – Page 1453 – Investing and Stock News

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NFL’s next big media rights payday is years off — and subject to a shifting industry

In 2021, the National Football League signed an 11-year, $111 billion media rights deal. In July, the National Basketball Association signed an 11-year, $77 billion deal of its own. What’s next? Well,…

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Why the LA Rams are worth $2 billion more than the LA Chargers

There is a $2 billion gulf growing in Los Angeles. The National Football League’s Los Angeles Rams, No. 2 on CNBC’s Official 2024 NFL Team Valuations list, are worth $8 billion, while the Los…

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Stock

Red Lobster cleared to exit Chapter 11 bankruptcy

A bankruptcy court approved Red Lobster’s plan to exit Chapter 11, putting the seafood chain one step closer to exiting bankruptcy. The company, known for its seafood offerings and cheddar biscuits, filed for…

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Biden preparing to block U.S. Steel sale to Japanese company

WASHINGTON — President Joe Biden is preparing to announce that he will formally block Nippon Steel’s proposed $14.9 billion acquisition of U.S. Steel, two people familiar with the matter confirmed…

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Investing

US equity funds see major outflows on growth concerns

(Reuters) – U.S. equity funds experienced their largest weekly outflow in 12 weeks by Sept. 4, driven by heightened investor anxiety about the economic outlook as they awaited crucial labor…

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Investing

US IRS enforcement efforts recover $1.3 billion in unpaid taxes, Treasury says

WASHINGTON (Reuters) – The U.S. Treasury and Internal Revenue Service said on Friday that they have recovered $1.3 billion in unpaid taxes from wealthy individuals under new enforcement initiatives funded…

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Investing

Global equity funds see outflows on growth worries; jobs data awaited

(Reuters) – Global equity funds experienced their first weekly outflow in four weeks in the week to September 4, as cautious investors pulled back on concerns about global economic growth…

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Investing

Instant view: August US payrolls short of expectations, boosts bigger rate cut view

NEW YORK (Reuters) – STORY: U.S. employment increased less than expected in August, but a drop in the jobless rate to 4.2% suggested an orderly labor market slowdown continued and…

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Investing

Putin thanks Saudi Arabia’s MbS for helping major US-Russia prisoner swap

VLADIVOSTOK, Russia (Reuters) – Russian President Vladimir Putin said on Thursday that he was grateful to Saudi Arabia’s Crown Prince Mohammed bin Salman for helping to organise the biggest U.S.-Russian…

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Investing

Wall Street reacts to today’s NFP report: 25 or 50bps cut by the Fed?

The U.S. Bureau of Labor Statistics (BLS) reported that nonfarm payrolls increased by 142,000 in August, a figure that fell short of the anticipated 161,000 jobs. The report also highlighted…

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