Oil prices were heading for their weekly losses as strong U.S. economic data raised concerns about whether the Federal Reserve would further revise or tighten […]
Category: Latest
Following strong economic data, Wall Street closed higher whilst the dollar gained
Wall Street’s three major indexes closed higher on Wednesday and the dollar soared along with the U.S. Treasury yields after U.S. retail sales data for […]
Last year, Musk donated approximately $1.95 billion in Tesla stock
Tesla CEO Elon Musk gave stocks worth $1.95 billion in the world’s most valuable automaker to charity in the previous year, a filing with the […]
Oil prices fall on the release of U.S. crude oil reserves
On Tuesday, oil prices fell after the U.S. government said it would free more crude from its Strategic Petroleum Reserve (SPR) as mandated by lawmakers, […]
Stock futures fell on Sunday night as Wall Street tries to recover from a rocky week
On Sunday night, Stock futures in the United States were lower after the S&P 500 and Nasdaq suffered their worst week in nearly two months. […]
According to Jim Cramer, price stability is just around the corner
On Thursday, CNBC’s Jim Cramer stated that the Federal Reserve is closer to winning its war against inflation than Wall Street might think. “Price stability… […]
Tesla shares slid nearly 9% on demand concerns and Elon Musk’s Twitter distraction
Experts became extremely worried about Tesla’s future as the company’s stock fell nearly 9% on Thursday. The stock is down by almost 70% year-to-date. Canaccord […]
Wall Street rallies, but trade remains choppy as investors digest Powell’s comments
US stocks finished strongly on Tuesday, but trade was rough as traders digested remarks from Federal Reserve Chair Jerome Powell about how long the central […]
Businesses will be charged $1,000 per month for their gold badges on Twitter
Twitter has informed businesses that they must spend $1,000 per month to retain their gold badges, and those who do not pay will lose their […]
Huawei looks to patents for a lifeline, including those in the United States
Chinese telecommunications giant Huawei is gravitating towards patents for a lifeline as the company looks to forge a path forward in advanced chip technology—the treasured […]