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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Global 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 Reading Fox 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 Reading Google 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 Reading Tesla’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 Reading Gamestop 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…
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 Reading Toys ‘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 Reading A 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 Reading What’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,…
Continue Reading US stocks post their worst month since October 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 Reading Wall 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 Reading Cable 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 Reading It’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…
Continue Reading Dow tumbles more than 600 points while GameStop continues to soar
It has been a turbulent week on Wall Street. GameStop soared some 100% at the opening bell, after trading platforms including Robinhood lifted…
Continue Reading GM looks to sell only emission-free vehicles by 2035
General Motors said Thursday it plans to be carbon neutral by 2040 in its global operations and hopes to offer only zero-emissions vehicles by 2035.…
Continue Reading Dow slips while GameStop and others continue to soar
It has been a crazy week on Wall Street — and Friday trading is still in the early going. GameStop soared some 100% at the opening bell, after…
Continue Reading HNA once wanted to rule the world. Now it faces bankruptcy
HNA Group was once one of China’s largest conglomerates, spending billions of dollars to expand its reach around the world. Now it could go…
Continue Reading The GameStop phenomenon has gone global
The GameStop mania that’s hijacked US markets is grabbing the attention of investors all over the world, as traders from London to Mumbai try…
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