By Marc Chandler As the year winds down, a Gordian knot tying Russia, oil prices and China together is receiving a great deal of attention. Let’s see if we can unravel some of the confusing twists and turns. We turn first to China’s offer of assistance to Russia. …
Updated September 2023. Charles Schwab became a major player by offering discounted stock trades back when high commissions were the norm. These days, nearly every broker offers $0 commission trades on online equity/ETF trades. Where they differ is how they choose to squeeze out profit in such a lean environment. Even though Schwab will deny […]
Earlier Tuesday, JM Smucker, the maker of Folgers coffee, announced that it would buy the privately held pet food maker Big Heart Pet Brands — aka the company that makes Meow Mix — in a cash-and-stock deal valued at about $5.8 billion. But here’s a related story: there’s …