Financial News

When Europe’s Energy Crisis Spreads to America…

The Boston Blackout - This is a major energy crisis that could spread from Europe to New England this winter, and then across America. If this happens, it will wreak even more havoc on the ailing stock market...

Editorial Staff

Financial News

Energy stocks crushed the S&P 500 in 2022, and Wall Street loves the sector next year

Energy stocks have been this year’s biggest winners in a bleak year for equities. And Wall Street is betting the sector’s outperformance will persist in the new year. Even as the price of oil pulls back...

Editorial Staff

Financial News

PCE inflation, FedEx, Nike results lead into the holidays: What to know this week

The holiday season is underway, but a few key earnings and economic reports will deck the halls on Wall Street before markets shut down for a long Christmas weekend. In the days ahead...

Editorial Staff

Category - Financial News

Financial News Tech News

Ethereum Miners Make Multimillion-Dollar Bet on Upgrade Delay

Major mining machine makers like Bitmain are building more specialized machines for Ethereum mining. Major bitcoin (BTC, -2.35%) mining firms and miner manufacturers are increasing their investments in ethereum (ETH, -4...

Editorial Staff

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Financial News

Landlords Sue U.S. Government for Unpaid Rent During Eviction Ban

The coronavirus pandemic has driven millions of Americans into unemployment, and that’s caused a lot of people to fall behind on their rent. To avoid a massive wave of evictions and prevent countless Americans...

Editorial Staff

30 views

Financial News Tech News

Coinbase Results Smash Estimates for Second Quarter

Revenue soars almost 12-fold to $2.22 billion in the second quarter. The FactSet analyst consensus called for $1.79 billion in the latest quarter. Coinbase (COIN) shares firmed in after-hours trading Tuesday, after...

Editorial Staff

72 views

Financial News

Here’s What’s Next for the $1 Trillion Bipartisan Infrastructure Bill

The Senate on Tuesday passed a $1 trillion infrastructure package, sending the provision to improve the nation’s roads, bridges and broadband to the House for approval. But progressive Democrats in the House, eager to...

Editorial Staff

87 views

Financial News

Moderna Stocks Jumps on Delta Efficacy

Moderna shares extended gains Tuesday, suggesting a fresh record high for the drugmaker, amid reports that its coronavirus vaccine scored a higher efficacy rate against Delta variants than that of its main Pfizer -made...

Editorial Staff

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Financial News

Buffett buys back Berkshire

Berkshire Hathaway’s own shares were Berkshire’s big buy in the second quarter Berkshire Hathaway (BRK-A, BRK-B) released its quarterly results on Saturday morning. Total revenue for the conglomerate hit...

Editorial Staff

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Financial News

AMC, Tesla, Roku and Sanderson Farms – 5 Things You Must Know Monday

1. — Stock Futures Mostly Lower as Taper Bets Rise Stock futures traded mostly lower Monday as investors increased bets the Federal Reserve would pull back on stimulus following a stronger-than-expected U.S. jobs...

Editorial Staff

88 views

Financial News

What’s Happening in the Markets the Week Ahead?

Investors are looking ahead to another busy week of earnings reports and some key economic releases that will provide more insight into the health of the consumer and housing market. Corporate earnings continue to...

Editorial Staff

56 views

Financial News

US Jobless Claims Down 14,000 to 385,000 as Economy Rebounds

The number of Americans applying for unemployment benefits fell last week by 14,000 to 385,000, more evidence that the economy and the job market are rebounding briskly from the coronavirus recession. The Labor...

Editorial Staff

32 views

Financial News Tech News

JPMorgan Launches In-House Bitcoin Fund for Wealthy Clients

JPMorgan Chase began pitching its Private Bank clients on an in-house bitcoin (BTC, -0.65%) fund for the first time this week, completing its transformation from the never-bitcoin mega-bank to a genuine...

Editorial Staff

65 views

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