Elon 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…
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Silver 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…
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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St. Charles Bend union holds informational picketing, still seeking first contract
Dozens of St. Charles Bend technologists began two days of informational picketing in front of the hospital Sunday as they seek renewed talks on an…
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%.…
Continue Reading‘SNL’ takes on Marjorie Taylor Greene, GameStop and Tom Brady
“Saturday Night Live” returned for its first show of 2021, and had one question on its mind: “What still works?” That’s…
Continue ReadingToys ‘R’ Us has closed all its stores — again
Toys “R” Us is closing its only two stores roughly a year after a highly anticipated relaunch of the storied brand. Tru Kids Inc., which…
Continue ReadingA 10-year-old investor made big bucks on the GameStop shares he got for Kwanzaa
Jaydyn Carr was a GameStop shareholder long before the buying frenzy that sent share prices skyrocketing, and now the 10-year-old investor has cashed…
Continue ReadingConfused about this GameStop saga? Here are the 5 things you need to know
There was a lot to unpack in the deluge of news this week about GameStop, the stock market, Reddit groups, trading apps and hedge funds. If it all…
Continue ReadingHere’s what really happens to the items you return online
Let’s say you ordered…an air fryer. Online. You open up the box. For whatever reason, you don’t like it. So, you send it…
Continue ReadingWhat’s new in fast food: Chicken sandwiches and cauliflower rice
If you felt like a new fried chicken sandwich debuted every day in January, you’re not far off. Some chains tried their best to slim down,…
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A bit looser COVID-19 rules force C.O. businesses to think outside the box
New state COVID-19 guidance for theaters, gyms, concert halls, and museums enacted Friday allow for up to six people indoors at facilities over 500…
Continue ReadingUS stocks tumble, capping a messy week as the GameStop frenzy rages
It has been a turbulent week on Wall Street. GameStop has been at the center of it, again soaring on Friday and ending the day up nearly 68%, after…
Continue ReadingWall Street’s cops weren’t ready for GameStop. They’re paying attention now
The cops on the Wall Street beat weren’t prepared for an army of day traders coordinating on social media to run up the price of stocks like…
Continue ReadingCable news’ longest-serving executive is retiring after 40 years at CNN
The longest-serving executive in the history of cable news is retiring, and CNN will never be the same. Around the network he is known simply as…
Continue ReadingIt’s not just GameStop. Market bubble fears are rising
GameStop mania didn’t happen in a vacuum. It’s just the most glaring example of the bubble-like behavior running rampant in the financial…
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