Stocks soar as Wall Street looks past Washington violence
Stocks are rallying sharply on Thursday, as Wall Street continues to be unfazed by the prior day’s violent clashes on Capitol Hill. For…
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Why Wall Street can disregard protests, assassinations and riots
It’s not a surprise that stocks mostly rallied Wednesday and were up again Thursday morning, despite the ugly and tragic events during a riot…
Continue ReadingNext stop, $50,000? Bitcoin’s relentless surge rolls on
Bitcoin first topped $19,000 in December 2017 before crashing spectacularly to around $3,200 a year later. But long-term buy and hold bitcoin bulls,…
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Here’s what Burger King’s new logo looks like
Burger King’s identity is getting a whopper of a refresh, with its first new logo in more than 20 years. Using colors inspired by its…
Continue Reading‘Chaos. Anarchy. Assault on Democracy.’ Here’s how newspapers around the world reacted to US Capitol riots
Across the United States, millions watched in horror Wednesday as unprecedented scenes of chaos unfolded at the US Capitol. Supporters of President…
Continue ReadingLate-night hosts react to Capitol riot: ‘The treason finale of the Donald Trump era’
Late-night hosts, typically some of the most jovial personalities on television, were somber and angry Wednesday night after rioters stormed the…
Continue ReadingElon Musk is close to overtaking Jeff Bezos as the world’s richest person
Elon Musk is getting close to grabbing the title of world’s richest person from Amazon CEO Jeff Bezos. The Bloomberg real-time billionaire…
Continue ReadingAnother 787,000 Americans filed for unemployment benefits last week
The jobs recovery has run out of steam as the pandemic continues to spread across the country and world. Last week, another 787,000 Americans filed…
Continue ReadingElon Musk is close to overtaking Jeff Bezos the as world’s richest person
Elon Musk is getting close to grabbing the title of world’s richest person from Amazon CEO Jeff Bezos. The Bloomberg real-time billionaire…
Continue ReadingGE won’t claw back former CEO Jeff Immelt’s pay after private jet scandal
Jeff Immelt’s 16 years at the helm of General Electric left the company in shambles. The once-great company was drowning in debt, under fire…
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Business leaders react to Wednesday’s riots in Washington
Corporate America is speaking out forcefully against Wednesday’s riots in Washington, in which the US Capitol was breached by supporters of…
Continue ReadingAlibaba and Tencent stocks hit by reports that Trump could go after them next
Shares in Alibaba and Tencent were rocked in Hong Kong on Thursday following reports that they could be the next casualties of President Donald…
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California Gov. Newsom proposes new $600 stimulus checks
California Gov. Gavin Newsom is calling for the state to send new $600 stimulus payments to low-income residents. The cash would add to the $600 in…
Continue ReadingMain Street, not Wall Street, is the clear winner from Georgia Senate runoffs
Main Street is emerging as a clear winner following the Senate runoffs in Georgia. The outlook is far murkier, on the other hand, for Wall Street. If…
Continue ReadingWhy Roku wants more content — even from a failed app
Roku is reportedly in talks to buy the rights to content from Quibi, the short-form video company that shut down after just a few months. While it…
Continue ReadingYou can buy an FDA-approved Covid-19 test on Amazon
Covid-19 tests are in high demand as cases surge, with some Americans waiting in long lines at medical centers and drive-through sites. But now an…
Continue ReadingNYSE bans Chinese telecom stocks in second about-face of the week
The New York Stock Exchange will delist three Chinese telecommunications stocks to comply with an executive order from the Trump administration —…
Continue ReadingJeff Bezos just named a huge rocket recovery ship after his mom
It’s always a challenge to find the right gift to get one’s mother, the right token that accurately reflects the appreciation and…
Continue ReadingNeil Young has sold a big stake in his 1,180 songs
Folk-rock superstar Neil Young has sold a 50% stake in his song catalog to investment company Hipgnosis for an estimated $150 million. The deal…
Continue ReadingProof Big Tech is way too big: It’s a quarter of your portfolio
Thousands of stocks trade on Wall Street every day. But let’s be honest: Just a half dozen companies really, truly matter for many investors.…
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