VAN HORN, Texas — Jeff Bezos is the world’s most wealthy person, and now the first to hold that title while not on the Earth. Blue Origin launched him into spaceflight history on Tuesday, with Bezos riding his company’s first crewed New Shepard rocket, alongside his brother and the oldest […]
CNBC News
Dow futures rise by 140 points after after worst day in eight months
Stock futures rebounded slightly on Tuesday after concerns about the spread of Covid-19’s delta variant caused investors to dump equities in the prior session. Futures on the Dow Jones Industrial Average rose as high as 140 points at one point before pulling back. They’re currently up 83 points, or 0.27%. […]
White House says social media networks should be held accountable for spreading misinformation
Facebook CEO Mark Zuckerberg testifies during a remote video hearing held by subcommittees of the U.S. House of Representatives Energy and Commerce Committee on “Social Media’s Role in Promoting Extremism and Misinformation” in Washington, March 25, 2021. U.S. House of Representatives Energy and Commerce Committee | Handout | via Reuters […]
Companies may be afraid to give bullish earnings outlooks because of delta variant fears
Traders work on the floor of the New York Stock Exchange. NYSE I have several friends in the restaurant business. For the past few weeks, I’ve heard the same story every weekend: business is fabulous, and we can’t get enough help. This week, several of those restaurant people asked me what was […]
Dow futures rebound by 170 points after average suffers worst day in 8 months
Stock futures rebounded slightly on Tuesday after concerns about the spread of Covid-19’s delta variant caused investors to dump equities in the prior session. Futures on the Dow Jones Industrial Average were up 216 points, or 0.6%. S&P 500 futures added 0.5% and Nasdaq 100 futures also gained 0.5%. Wall […]
Nearly $90 billion wiped off crypto market as bitcoin drops below $30,000
A representations of virtual currency Bitcoin is seen in front of a stock graph in this illustration taken May 19, 2021. Dado Ruvic | Reuters Bitcoin fell below $30,000 for the first time since Jun. 22 dragging other digital coins lower. About $89 billion was wiped off the entire cryptocurrency […]
10-year Treasury yield continues slide, falls to 1.17%
U.S. Treasury yields fell on Tuesday morning, with the 10-year rate dipping to the 1.7% mark, extending a fall from the previous session amid Covid-19 variant fears. The yield on the benchmark 10-year Treasury note was down about 1 basis point to 1.17% at 6 a.m. ET. The yield on […]
CO2 emissions set to hit record levels in 2023 and there’s ‘no clear peak in sight,’ IEA says
querbeet | E+ | Getty Images Only a small chunk of governments’ recovery spending in response to the Covid-19 pandemic has been allocated to clean energy measures, according to the International Energy Agency, with the Paris-based organization forecasting that carbon dioxide emissions will hit record levels in 2023. Published on […]
Dow futures jump more than 200 points after the Dow suffers worst day since October
Stock futures jumped in early morning trading on Tuesday after concerns about the spread of Covid-19’s delta variant sent investors dumping equities, especially those directly affected by pandemic restrictions. Futures on the Dow Jones Industrial Average were up 263 points. S&P 500 futures and Nasdaq 100 futures both traded mildly […]
What to look out for as Europe’s earnings season begins, according to the experts
Bull and bear sculptures in front of the German stock exchange in Frankfurt, Germany. Kai Pfaffenbac | Reuters Europe’s corporate earnings season began in earnest last week, with analyst consensus projecting a 140% year-on-year increase in earnings per share for the second quarter. Earnings per share is an important metric […]