WeWork cut deeper into junk territory

WeWork CEO Adam Neumann steps down FOX Business’ Susan Li discusses WeWork’s change in executive management. S&P Global Ratings cut WeWork’s credit rating deeper into junk territory amid concerns it won’t be able to meet its growth plans. Continue Reading Below The credit rating agency on Thursday lowered WeWork’s rating one notch to B- and assigned a negative outlook, saying […]

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Did GameStop Need to Cut Its Dividend?

As buying video games has increasingly become an online experience, it's no secret that GameStop (NYSE: GME) has had a difficult time adjusting. However, investors are still shocked by how poorly GameStop is performing as the company's stock price crashed by as much as 40% after it reported earnings for the first quarter of 2019. Not only were its results […]

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Trump moves to cut aid to Central America, amid caravans and flood of refugees

Why President Trump’s threat to close the border with Mexico isn’t unprecedented Several U.S. presidents have closed parts of the southern border in times of national crisis; presidential historian Doug Wead explains. Making good on a longstanding threat, President Trump moved this weekend to cut direct aid to El Salvador, Guatemala and Honduras, whose citizens are fleeing north and overwhelming […]

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