U.S. stocks close sharply higher, snap 3-week losing streak with gains led by tech-heavy Nasdaq
admin U.S. stocks ended sharply higher Friday, with all three major benchmarks snapping three straight weeks…
Read MoreBusiness/Consumer Services
This asset class is poised to rise 38% because markets overestimate risk of global recession, Goldman says
Still reeling from Fed Chairman Jerome Powell’s higher-for-longer remarks last week, riskier asset like equities…
Read MoreDow drops 650 points as U.S. stocks fall sharply after Powell warns of pain to households in inflation battle
U.S. stocks were sinking Friday afternoon after Federal Reserve Jerome Powell said the central bank…
Read MoreReport finds Americans with long COVID losing billions in wages, as Moderna sues Pfizer and BioNTech over mRNA patents
Some 16 million Americans of working age have long-term COVID and as many as 4…
Read MoreStocks may be headed for another selloff according to RBC’s ‘hedge fund hot dogs’ basket
A group of the most popular stocks owned by the world’s largest hedge funds are…
Read MoreNvidia’s big reset has analysts wondering whether company is now in the clear
Nvidia Corp. just delivered an outlook for the latest quarter that was far lower than…
Read MoreBiden on Wednesday may unveil plan to cancel $10,000 in student loans for borrowers making under $125,000: report
The Biden White House could make an announcement as soon as Wednesday on canceling student-loan…
Read MoreZoom Video cuts earnings and revenue outlook for the year, stock falls
Zoom Video Communications Inc. executives trimmed their annual outlook Monday afternoon, sending shares lower in…
Read More‘Remote work is here to stay,’ says New York Federal Reserve
Employees in the New York area who work from home are reluctant to give up…
Read More
Only 5 stocks in the S&P 500 ended in positive territory after Powell’s hawkish inflation speech
It took only a 10-minute speech from Federal Reserve Chairman Jerome Powell on Friday to…
Read More