Nike made a hands-free shoe and you have to see it to believe it
Nike’s newest shoe is “easy on, easy off” for those who can’t put their shoes on without assistance — or cannot be…
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5 things to know for February 2: Covid-19, stimulus, White House, GameStop, Myanmar
Happy Groundhog Day! Will we get more winter? Will we get an early spring? Will we ever spell “Punxsutawney Phil” correctly on the first…
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Silver is surging but users on WallStreetBets say they’re not behind the rally
The silver market is the latest flashpoint in the Reddit mania that took over Wall Street last week. Silver futures surged as much as 13% to Monday,…
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Speculation moves to silver, but it’s not clear who’s behind it
Editor’s Note: A version of this story appeared in CNN Business’ Nightcap newsletter. To get it in your inbox, sign up for free, here.…
Continue ReadingHouse panel launches probe into meatpackers’ coronavirus response
A panel of House representatives is launching an investigation into how major meat processors and OSHA handled coronavirus outbreaks at meatpacking…
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The GameStop frenzy is moving fast. Catch up here
If you thought the GameStop drama was over, think again. ICYMI: Last week, a tense showdown played out on Wall Street. It was a David vs. Goliath…
Continue ReadingGoogle investors may have forgotten how much lawmakers want to rein in Big Tech
Over the past few years, Google owner Alphabet’s stock had lagged compared to the stellar rise of big techs like the other FAANG members and…
Continue ReadingRobinhood CEO details 3:30 am call to put up $3 billion
Robinhood received a startling 3:30 am call from its clearinghouse during last week’s Reddit-inspired market chaos asking for the free-trading…
Continue ReadingPrince Harry wins ‘significant damages’ in legal dispute with UK newspaper
Prince Harry has settled a legal dispute with the Mail on Sunday and the MailOnline, accepting what his legal team called “significant…
Continue ReadingElon Musk: Bitcoin is on the verge of broad acceptance
Tesla CEO Elon Musk has declared his support for bitcoin, boosting the price of the cryptocurrency in the process. In an interview Sunday on…
Continue ReadingSilver surges as Reddit army targets precious metals
Move over GameStop, Reddit mania is spreading to the precious metals market. Silver futures surged as much as 13% to Monday, touching five-month…
Continue ReadingGlobal stocks rise as Wall Street braces for more turbulence
Global stocks and US futures advanced Monday as Wall Street prepared for what could be another week of rocky trading fueled by small investors on…
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Melvin Capital hedge fund lost 53% in the GameStop frenzy
Melvin Capital, a premier Wall Street hedge fund entangled in the frenzy over GameStop, lost 53% in January, a source familiar with the matter told…
Continue ReadingFox News focuses its ire on Liz Cheney as Democrats fume over Marjorie Taylor Greene
Congresswoman Marjorie Taylor Greene, a Trump-backed QAnon supporter, is a fountain of misinformation, conspiracy theories and hateful rhetoric, and…
Continue ReadingGoogle CEO and HBCU leaders discuss talent pipeline for Black tech workers
Leaders of five historically Black colleges and universities met with Google CEO Sundar Pichai on Friday to discuss the company’s relationship…
Continue ReadingTesla’s dirty little secret: Its net profit doesn’t come from selling cars
Tesla posted its first full year of net income in 2020 — but not because of sales to its customers. Eleven states require automakers sell a…
Continue ReadingGamestop proves the death of the individual investor was greatly exaggerated
Say what you will about the GameStop mania. It does illustrate one positive thing about today’s stock market: There are still some people…
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Global stocks rise after turbulent week on Wall Street
Global stocks are rising Monday, and Wall Street is getting ready to try to shake off turbulence from last week sparked by the GameStop stock frenzy.…
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US futures slump after turbulent week on Wall Street
US futures slumped slightly Sunday, building on the turbulence spurred in part last week by the GameStop stock frenzy. S&P 500 futures were last…
Continue ReadingDow futures drop after turbulent week on Wall Street
Stock futures dropped Sunday after a week that saw volatile markets due to the recent GameStop situation. Dow futures were down 252 points, or 0.8%.…
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