12-year-old Justing Concepcion receives a dose of the Pfizer-BioNTech vaccine for the coronavirus disease (COVID-19) from registered nurse Angela Nyarko, during a vaccination event for local adolescents and adults outside the Bronx Writing Academy school in the Bronx, New York City, June 4, 2021. Mike Segar | Reuters The U.S. […]
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SEC says it’s monitoring the ongoing volatility in certain stocks, vows to protect retail investors
The AMC Empire 25 off Times Square is open as New York City’s cinemas reopen for the first time in a year following the coronavirus shutdown, on March 5, 2021. Angela Weiss | AFP | Getty Images The U.S. Securities and Exchange Commission said Monday it’s keeping a close eye […]
AMC stock jumps more than 20% as retail-fueled rally stretches to another week
An AMC theatre is pictured in Times Square in the Manhattan borough of New York City, New York, June 2, 2021. Carlo Allegri | Reuters AMC Entertainment, the meme stock that amazed Wall Street recently, rallied double digits on Monday as speculative trading activity in the struggling movie theater gained […]
The Rolling Stones, Tom Jones and Yoko Ono urge UK to change music streaming laws
Mauricio Santana | WireImage | Getty Images LONDON — Some of the biggest names in the music industry have called on the U.K. government to change the way musicians get paid when their songs are streamed online over platforms like Spotify and Apple Music. The Rolling Stones and Tom Jones […]
Dr. Gottlieb: Fully vaccinated people should feel safe this summer but fall booster may be needed
Dr. Scott Gottlieb told CNBC on Monday that fully vaccinated Americans should feel well-protected against the coronavirus throughout the summer. However, Gottlieb, who serves on the board of vaccine maker Pfizer, said an additional dose might to boost immunity could still be needed later this year. “I think you could feel safe […]
Is there a labor shortage? What the May jobs report tells us
A help wanted sign is displayed outside of a business before Memorial Day near the boardwalk in Wildwood, New Jersey. Spencer Platt | Getty Images News | Getty Images The weaker-than-expected April jobs report fueled speculation of U.S. labor shortages and led some state officials to declare an early end […]
Jeff Bezos will fly on the first passenger spaceflight of his company Blue Origin in July
Jeff Bezos takes a look at the New Shepard rocket booster on the landing pad after a successful NS-15 flight and landing in April 2021. Blue Origin Jeff Bezos will fly on the first passenger flight of his space company Blue Origin, which the company plans to launch on July […]
‘The beginning of a long road’: Global tax reform will take sweat and tears to implement, experts say
Britain’s Chancellor of the Exchequer Rishi Sunak (R) welcomes US Treasury Secretary Janet Yellen to the G7 Finance Ministers Meeting at Lancaster House, central London on June 4, 2021. STEVE REIGATE | AFP | Getty Images Group of Seven (G-7) finance ministers might be congratulating themselves on their deal to […]
Forget AMC. Two traders share their own high-risk, high-reward stock bets
Meme stocks are coming off a wild week. AMC Entertainment, one of the most actively traded stocks, ended Friday up more than 80% for the week even as the company warned investors of the risks. For those who had gotten in at the lows in January, they’d be up more […]
France fines Google $267 million for abusing ‘dominant position’ in online advertising
Sundar Pichai, chief executive officer at Google LLC, speaks during the Google Cloud Next ’19 event in San Francisco, California, U.S., on Tuesday, April 9, 2019. Michael Short | Bloomberg | Getty Images France’s competition watchdog has fined Google 220 million euros ($268 million) for abusing its market power in […]