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S&P 500 notches 63rd record close of 2021 amid encouraging jobless-claims data and tech strength
Investors have become more cautious about US stocks in recent weeks. Johannes Eisele/Getty Images The S&P; 500 closed at a record high on Thursday for the 63rd time in 2021 after encouraging jobless claims data.Filings for unemployment insurance fell to 269,000
Bank of America's COO shared his outlook for the future of the digital-asset space in ...
Tom Montag, COO of Bank of America (left), and Michael Gronager, CEO of Chainalysis (right). Isabelle Lee/Insider Bank of America COO Tom Montag said cryptos remind him of the early days of derivatives. At a conference hosted by Chainalysis, he also said the
New York City Mayor-Elect Eric Adams says he will take his first 3 paychecks in ...
New York City Mayor-Elect Eric Adams. Spencer Platt/Getty Images NYC Mayor-Elect Eric Adams said he will take his first three paychecks in bitcoin. His comment came after Miami Mayor Francis Suarez on Tuesday announced he'll take his next paycheck in bitcoin.
Stock markets kick off Samvat 2078 on a cheerful note
Stock markets kicked off Samvat 2078 on a cheerful note buoyed by the fuel duty cuts and the US Fed shying away from any decision to cut its policy rates in the future. At a special one-hour session on Thursday, the Sensex regained the 60000 mark as it rallied
Secret Student Loans Memo Means This For Student Loan Cancellation
What it means for your student loans. ...
WW stock falls after Q3 sales miss targets, membership slows
Shares of WW International Inc. WW, -2.59% fell more than 5% in the extended session Thursday after the company formerly known as Weight Watchers
Bloom Energy shares sink in after-hours trade after wider-than-expected loss and revenue miss
Bloom Energy Corp. BE, -5.66% shares slid 2.2% in after-hours trade Thursday, after the company posted a
Dow lags as S&P 500, Nasdaq score another record close
Stocks ended mostly higher, with the Dow Jones Industrial Average snapping a five-day
White House: Biden 'comfortable' with payments to families separated at border, but not $450,000 a person
The White House on Thursday provided more details on President Joe Biden's stance on potential payments of around $450,000 a person to immigrant
BT is right to ignore distractions and get on with digging for Britain | Nils Pratley
Shareholders will be reassured by group’s decision to roll out full-fibre broadband alone Hurrah, BT has seen the light. It has dropped the idea of forming a complicated joint venture to help fund the rollout of full-fibre broadband. That tentative proposal
‘Continuing with monetary stimulus likely to be riskier for economy’
There’s a possibility that RBI could start narrowing the policy corridor from the current 65 basis points in the next stage. I don’t expect a change of accommodative stance yet and maybe they may want to see two-three quarters of sustained growth. ...
Manhattan DA convenes new grand jury in Trump Org. case: report
The Manhattan district attorney has convened a second long-term grand jury to hear
Higher Prices At The Pump May Be Around For A While
By Daniel James Graeber The price at the gasoline pump is not expected to move substantially lower any time soon, though analysts told Zenger they can’t rule out some big ups and downs in the future. Travel club AAA listed a national average retail price
OPEC Leaves Output Plan Intact, Defies Biden Pressure
The Organization of the Petroleum Exporting Countries (OPEC) and its crude-producing allies, OPEC+, agreed to maintain their production plan, despite
Latest Fed Move Signals A Return To Normal
Commonwealth CIO Brad McMillan unpacks the latest move by the Fed, including why it may signal good news about the economy. ...
Why Bitcoin bears are trying to keep BTC price below $62K for Friday’s options expiry
Bitcoin price dropped to $60,700 on Nov. 4 and bears are keen to pin the price under $62,000 to profit from Nov. 5’s options expiry. ...
October's jobs report expected to show a rebound in hiring as Covid cases declined
Hiring is expected to have picked up at a solid pace and wages continued to climb in October, as Covid receded and the economy improved. ...
Stocks making the biggest moves midday: Moderna, Nvidia, Etsy and more
These are the stocks posting the largest moves in midday trading. ...
Google, CME Announces 10-year Strategic Partnership
CME Group and Alphabet Inc.’s Google has inked a strategic deal in a bid to transform the derivatives sector with the help of technology, expanding access and creating efficiencies for all market players. According to the official press release, Google
Crypto Data Provider CryptoCompare Receives FCA Authorization to Operate as Benchmark Administrator
Leading cryptocurrency market data and index provider
Earnings Preview: What To Expect From Airbnb Today
Airbnb Inc. is scheduled to report earnings after today’s close. Here's a closer look. ...
3 Things Parents Who Instill Healthy Financial Habits In Their Children Do Right
There’s no one right way to parent—particularly when it comes to instilling healthy habits in children. But here's what parents of financially stable kids do well. ...
Forget the supply chain ruining Christmas. Companies are prepping for a blowout holiday season.
A help wanted sign is posted outside of Dunkin Donuts in Downtown Crossing in Boston on June 14, 2021. Jessica Rinaldi/The Boston Globe/Getty Images Companies plan to hire 939,300 seasonal workers for the holidays, according to outplacement firm Challenger
Cryptocurrencies should not be viewed as their own asset class and should be evaluated individually, ...
Valerie Szczepanik, director of the SEC's Strategic Hub for Innovation and Financial Technology, is seated at right during the Chainalysis conference. Isabelle Lee/Insider Cryptocurrencies should not be viewed as their own asset class, said the director of the
'Crypto mom' Hester Peirce scoffed at the idea of adding a new watchdog for digital assets
SEC commissioner, Hester Peirce. Chris Maddaloni/CQ Roll Call Chris Maddaloni/CQ Roll Call Hester Peirce, the so-called crypto mom, said digital assets don't need a new watchdog. The SEC commissioner said the financial regulatory system is already so
16 million student-loan borrowers could be facing 'millions of mistakes and problems' at the hands ...
Students toss their hats at Wesleyan University's commencement ceremony in 2018. Eduardo Munoz Alvarez/Getty Images Three student-loan companies are shutting down federal services, impacting 16 million borrowers. Elizabeth Warren joined six Democrats in
The latest data on the economy say it's totally recovered, but it still feels like ...
Housing advocates and tenants gathered to protest the eviction of tenants from the 50-unit Tokio Hotel apartments following the lifting of eviction moratoriums in Los Angeles. Al Seib/Getty Images The pandemic has widened inequality, hitting vulnerable workers
U.S. oil prices settle below $80 a barrel after OPEC+ stands pat on output increases
Oil futures ended lower on Thursday, with U.S. prices settling below $80 a barrel for the first time since early October. Oil saw a volatile
Bank stocks take a broad beating as Treasury yields fall in wake of Fed taper talk
Financial stocks were suffering a broad beating Thursday, as Treasury yields sank in the wake of the Federal Reserve's detailing of its widely
European markets close higher, 4 indices post new records
European stock markets closed higher on Thursday while four indices climbed to new record high levels. The STOXX Europe 600, which includes
Earnings Preview: What To Expect From Square Today
Square Inc. is scheduled to report earnings after today's close. Here is a closer look. ...
Stocks rise on Wall Street, continuing gains for US indexes
Stocks edged higher in midday trading on Wall Street Thursday, potentially setting the market up to notch more record highs. The S&P; 500 rose 0.2% as of 11:51 a.m. Eastern. The benchmark index is coming off of five straight gains and a succession of record
Nasdaq rallies toward longest win streak in 2 years despite negative market breadth
Both the S&P; 500 SPX, +0.24% and Nasdaq Composite COMP, +0.77% are rallying toward sixth-straight record
Grayscale Says It’s Exploring Terra and Avalanche
Key Takeaways Grayscale is exploring adding Terra and Avalanche to
Elrond Enters Price Discovery Mode With $440 in Target
Key Takeaways Elrond has surged by more than 20% in
Dogecoin Rival SHIB Plunges 27% in 24 Hours in Massive Sell-Off
The hottest “meme coin” of the moment was hit hard by a
Livestock markets for Nov. 2-3
Victoria Advocate | 2021-11-04, 18:01
EL CAMPO Nov. 2 Receipts: 1,261 Steers: (under 200) $145-$210; (200-300) $160-$200; (300-400) $159-$198; (400-500) $144-$186; (500-600) $135-$155; (over 600) $124-$144. Heifers: (under 200) $141-$185; (200-300) $126-$160; (300-400) $134-$192; (400-500)
NerdWallet soars 91% in IPO debut, valuing the personal finance website at $2 billion
Tim Chen and Jake Gibson cofounded NerdWallet in 2009. LinkedIn NerdWallet stock soared as much as 91% in its IPO debut on Thursday, valuing the personal finance website at $2 billion.The company priced its IPO at $18 per share, in the middle of its
Gold futures settle higher as U.S. Treasury yields fall a day after the Fed's policy decision
Gold futures ended sharply higher on Thursday,
Moderna Stock Tumbles on Earnings Miss and Lower COVID-19 Vaccine Sales Forecast
Moderna shares fell by more than 17 percent in early trading Thursday after the company slashed its COVID-19 vaccine sales forecast for 2021 by
Big 3 Segments Drive Thomson Reuters’ Q3 Beat, Raises FY21 Outlook
Thomson Reuters Corp. reported third-quarter FY21 revenue growth of 6 percent year-on-year to $1.53 billion, beating the consensus of $1.50 billion.
Bond Markets Flash Turmoil and No One Else Much Cares
Investors have jolted government bond markets in the
What To Expect From Johnson Controls Stock Q4 FY2021 Results?
A recovery in economic growth will bode well for Johnson Control’s revenue growth, with a pickup in demand for security as well as HVAC products for the residential as well as non-residential market. ...
BUSINESS CLOSE: Bank of England holds interest rates; Pound slips; US Fed begins tapering Covid ...
The Bank of England voted to keep UK interest rates on hold at a record low of 0.1 per cent today, spelling more bad news for cash savers. Many City experts had expected the BoE to hike interest rates at today's crux vote, and some banks and building societies
K-Pop sensation BTS dives into the crypto space after the band's agency signs a deal ...
BTS The Chosunilbo JNS Hybe, which manages BTS and other K-Pop stars, said it had signed a deal to produce NFTs with South Korea's largest crypto operator. Bloomberg reported Thursday that Hybe was planning a video game and other digital content linked to the
Robinson-Patman Act: A federal law aimed at leveling the playing field between small and large businesses
The Robinson-Patman Act prevents distributors from giving large retailers preferential pricing over smaller ones. RUNSTUDIO/Getty The Robinson-Patman Act prohibits price discrimination against small business. It was enacted to overcome ambiguity in the Sherman
Bill Ackman says the Fed is ignoring how ESG investing is contributing to surging inflation
Bill Ackman, CEO of Pershing Square Capital. Reuters Bill Ackman said the Fed is ignoring the pressure ESG initiatives are putting on inflation."Stakeholder capitalism will drive much needed increases in wages, but also higher energy costs," he tweeted.Ackman
These 10 cities have seen the hottest crypto-hiring market in 2021
Austin, Texas. RoschetzkyProductions/Shutterstock Cities across the country are tapping into their pools of cryptocurrency talent. San Francisco, Austin, and New York have hired the most crypto-related workers, Bloomberg reported. Mid-size cities in Oregon,
Should You Pay Off Your Mortgage Before Retiring? Usually.
I would like to get your thoughts about the
Bitcoin on-chain metric suggests 2017-style bull run will continue
Dubbed MVRV, the indicator represents the ratio of Bitcoin's Market Value to Realized Value. ...
Bank of England Wrong-Foots Markets, Keeps Rates on Hold
LONDON—The Bank of England kept interest rates on hold on Thursday, dashing investors' expectations for a hike that would have made
Metro Bank's share price soars after takeover approach by US based private equity firm Carlyle
Metro Bank’s share price soared by almost 50 per cent today after news of a takeover approach was announced. The bank said it has been
Samvat 2078 starts with a bang; analysts expect a multi-year bull run
Diwali this year has brought cheer to the markets. After last week's sharp market fall, the Sensex and Nifty began Samvat 2078, the Hindu New Year, on a positive note. In the one-hour special trading session held by the BSE and National Stock Exchange
OPEC+ keeps cautious oil production despite Biden pressure
OPEC and allied oil-producing countries rebuffed pressure from US President Joe Biden to pump significantly more oil and lower gasoline prices for US drivers, deciding Thursday to stick with their plan for cautious monthly increases even as prices surge and
Twitter’s Stock Fell Post Earnings, Time To Enter?
At its current price of $54, Twitter’s stock has a good upside potential. In recently released Q3 2021 earnings, Twitter saw revenue grow to $1.28 billion, up 37% y-o-y. The growth was led by advertising revenue which was $1.14 billion.. ...
Aker world-record 10GW floating wind-to-hydrogen plan 'to turn Scotland into green energy exporter'
Norwegian player says massive offshore deployment would feed 'net zero refinery' on Shetland ...
Saudi Arabia’s market regulator approves Tadawul IPO
Owner of the kingdom’s bourse plans to sell 30 per cent of its share capital through the listing ...
Kyndryl starts trading on NYSE after spin-off from IBM
The managed infrastructure services division of IBM’s global technology services unit has 90,000 employees ...
Google to allow third-party payment options for in-app purchases in South Korea
Google parent Alphabet Inc. GOOGL, +1.41% GOOG, +1.56% late Wednesday said it would allow third-party payment options for in-app purchases on Google Play, a
Moderna tumbles 17% after cutting 2021 vaccine-sales forecast and badly missing earnings
HAZEM BADER/AFP via Getty Images Moderna fell as much as 17% on Thursday after cutting its 2021 vaccine-sales forecast. The company also reported quarterly sales and profit that badly missed estimates. The decline extends losses from Monday, when Moderna's
OPEC, Russia Stick to Gradual Oil Production Boost
OPEC and a group of Russia-led producers agreed to keep to their
Drug Industry Gets Mild Treatment From Congress
Wall Street shouldn’t be thrilled about this week’s agreement among Democrats
Are Investors Too Optimistic On MGM Resorts Stock?
The hospitality industry including integrated resorts such as MGM Resorts (NYSE: MGM) and Las Vegas Sands (NYSE: LVS), curtailed operational expenses to preserve cash and limit long-term debt. ...
Relative Strength Alert For Allstate
But making Allstate an even more interesting and timely stock to look at, is the fact that in trading on Thursday, shares of ALL entered into oversold territory, changing hands as low as $115.80 per share. ...
Tantrum-free Fed taper lifts stocks to record high, BoE looms for Europe
Summary Fed trims by $15 bln a month, market sees mid-2022 hikeInflation risks push long-term yields higherBoE rate rise on the menu as policy meeting loomsOil climbs as OPEC+ pressured to lift output<a
Tantrum-free Fed taper drives up stocks, BoE holds off from rate hike
Summary Fed trims by $15 bln a month, market sees mid-2022 hikeBoE backs off raising rates, pound tumblesInflation risks keep long-term yields in focusOil climbs as OPEC+ pressured to lift output<a href=""http://tmsnrt.rs/2yaDPgn">Graphic:"
Arhaus stock debuts 3.8% below its downsized IPO's price, then turns higher
Shares of Arhaus Inc. ARHS, +0.15% received a mixed reaction in its Wall Street debut, as the stock opened
NerdWallet shares soar 48% in trading debut
Shares of personal finance website NerdWallet Inc. NRDS, +48.22% soared 48% in
France announces 10 measures to support PV deployment
France has announced a new 10-measure plan to facilitate solar deployment, featuring new and existing provisions. It is designed to support the installation of more than 3 GW per year throughout the country by the end of 2025. From pv magazine France French
NerdWallet IPO prices at $18 a share, midpoint of proposed range
Personal finance website NerdWallet Inc. NRDS, said its initial public
Ford’s Stock Rallied Last Month, Will It Continue?
[Updated 11/03/2021] Ford’s Stock Update Ford’s stock (NYSE: F) at the current price of $18 seems to be in line with its valuation as per Trefis analysis of $17. ...
University of Kentucky basketball players can now mint their own NFTs as brand ambassadors for ...
University of Kentucky basketball team. Sam Craft/AP Images University of Kentucky basketball players can now be brand ambassadors for the FTX.US crypto exchange. The players can make and sell non-fungible tokens on the exchange's NFT platform. The exchange
Sensex, Nifty tick higher as Samvat 2078 begins on auspicious note
Reversing its two-session sliding streak, the 30-share BSE Sensex climbed 295.70 points or 0.49% to close at 60,067.62. ...
Papa John's shares soar after earnings beat, new $425 million share buyback program
Papa John's International Inc. PZZA, +7.79% stock soared 8.4% in Thursday trading after the pizza chain reported third-quarter earnings that beat
Oil futures extend gains as OPEC+ holds steady on output increase
Oil futures traded higher on Thursday after the Organization of the Petroleum Exporting Countries and their allies, together known as
Arhaus set for downbeat debut after retailer's downsized IPO priced below expected range
Arhaus Inc. ARHS, appear headed for a downbeat debut on Wall Street, as the Ohio-based premium home furnishings retailer's stock is
Fafsa May Be Tricky This Year for College Students and Parents
It is Fafsa time again, when parents and students fill out the required financial disclosure for college financial aid.
Cathie Wood Sells Chunk of Zillow Stock a Day After Buying the Dip
Fund manager Cathie Wood’s flagship exchange-traded fund sold a
Credit Suisse Plans a Cultural Revolution
António Horta-Osório’s planned overhaul of Credit Suisse is more cultural than
IC Markets Expands Sponsorship Portfolio with European Football Deals
FX and CFD trading services provider, IC Markets has enhanced its global sports sponsorship portfolio with the signing of sponsorship deals with some of the major professional football clubs in Spain and Germany. The company has secured the sponsorship of
The Fed needs to 'butt out' and let free markets work: Judy Shelton
Judy Shelton, senior fellow at the Independent Institute, joins 'Squawk Box' to discuss the Federal Reserve's decision to begin tapering its bond buying program later this month. ...
BOE shocks markets by keeping interest rates on hold
The Daily Progress Charlottesville | 2021-11-04, 15:05
Sensex tops 60,000 in Muhurat trading session, Nifty above 17,900
Sensex tops 60,000 in Muhurat trading session, Nifty above 17,900 ...
Penn National Gaming stock tumbles after big profit miss, as momentum slowed mid-quarter
Shares of Penn National Gaming Inc. PENN, -10.34% tumbled 9.6% toward a three-month low in morning trading Thursday, after the online gaming and sports betting company and Barstool
EIA reports a weekly climb of 63 billion cubic feet in natural-gas supplies
The U.S. Energy Information Administration reported on Thursday that domestic supplies of
Thessaloniki Film Festival Topper Orestis Andreadakis on How This Year’s Edition Is Like ‘Being in ...
When the curtain rises Thursday on the 62nd
Thessaloniki’s Crossroads Co-Production Forum Proves Region’s Resilience Despite Pandemic
Now in its 17th year, the Thessaloniki Film
SEC urges sustained green investments in capital market
The Securities and Exchange Commission (SEC) has reiterated the need to facilitate the issuance of green and sustainable instruments in the Nigerian capital market, saying such issuances will go a long way to assist in financing solar energy and other
Nigeria stocks shed additional N16bn as Unilever leads laggards
Nigeria stock market on Thursday could not deviate from preceding day’s negatives as investors continued to take profit on recent gains despite pockets of bargains in fundamentally sound names. The sell-side pressure caused the market to shed about
'COP26 shows that Big Oil's energy transition plans are not yet trusted'
OPINION | Unwelcome at the UN climate summit, the industry still has a mountain to climb to convince the general public it is genuine about the shift to lower carbon ...
'Certainty and transparency': Initiative to create a global Green Hydrogen Standard launched at COP26
Green Hydrogen Organisation will lead the development of the measure, which will guarantee that batches of H2 were produced using renewable energy ...
Gold prices today surge ₹600 per gram, silver rates jump ₹1,800 per kg
Gold and silver prices surged in the special Muhurat trading session on MCX, tracking positive global cues. On MCX, gold futures jumped 1.5% to ₹47,571 per 10 gram while silver rates surged ₹2.8% to ₹64,224 per kg. In US, gold futures rose rose 1.8% to
Beyond Meat, Tyson Foods: Plant-Based Meat Stocks Are Out Of Favor. Should You Buy?
Our theme of Plant-Based Meat Stocks, which includes companies that produce plant-based meat and related vegan ingredients, has returned just about 2% year-to-date, considerably underperforming the S&P; 500, which has returned about 23% year-to-date. ...
Moderna Crash Wipes Out Another $24 Billion After Supply Chain Issues Dent Covid Vaccine Sales
Now trading at their lowest level in three months, Moderna shares have struggled as experts question the long-term viability of the firm's Covid-19 vaccine sales. ...
Biden Gave $4.5 Billion Of Student Loan Forgiveness, But There’s One Problem
Student loan forgiveness: here's the problem. ...
Cboe Global Markets Plans to Launch New U.S. Treasuries Trading Platform
News-Press Now | 2021-11-04, 13:20
CHICAGO, Nov. 4, 2021 /PRNewswire/ -- Cboe Global Markets, Inc. (Cboe: CBOE), a leading provider of global market infrastructure and tradable products, today announced plans to introduce a new dealer-to-dealer electronic trading platform for On-The-Run U.S.
