You probably didn’t go to a live concert in 2020. The majority of festivals, fairs and sporting events were canceled across the globe in 2020 to help stop the spread of the coronavirus. Alex and Kelsey Carroll’s company, Toss Up Events, designed and operated unique fan experiences at major sporting […]
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Ex-UAW president sentenced to 21 months in prison in union corruption scheme
United Auto Workers union president Dennis Williams raises his arm in solidarity after his farewell speech during the 37th Constitutional Convention in Detroit, Michigan, June 13, 2018. Rebecca Cook | Reuters DETROIT — A former president of the United Auto Workers who took part in a scheme along with other […]
Fed’s Bullard says ‘it’s too early to talk taper’ while the pandemic continues
St. Louis Federal Reserve President James Bullard acknowledged the progress the economy has made but said Tuesday it’s still not time to ease back the throttle on policy. In an interview on CNBC’s “Closing Bell,” the central bank official said fiscal and monetary policy help as well as aggressive vaccination […]
Nasdaq ends wild day flat after Big Tech reversal, Dow drops 470 points for worst day since February
It was one of the wildest days of the year for the U.S. stock market with technology shares as the battleground. Big Tech took a big hit to start the day on concerns about rising inflation and high valuations. The selling eventually spread to the rest of the market as […]
Airline CEOs ramp up pressure on governments to open up U.S., UK travel
A United Airlines passenger aircraft arrives over the top of residential houses to land at Heathrow Airport in west London, Britain, March 13, 2020. Matthew Childs | Reuters The CEOs of several large U.S. and U.K. airlines on Tuesday ramped up pressure on their respective governments to revive air travel […]
Virgin Galactic erases 20% loss, turns positive in wild session
Virgin Galactic’s spacecraft outside Spaceport America in New Mexico. Virgin Galactic Virgin Galactic stock plummeted and then recovered amid heavy trading volume on Tuesday, with the company’s next spaceflight test – and its broader path to beginning commercial flights – possibly delayed further. The space tourism company gave an update […]
Nasdaq erases 2% loss as tech stocks rebound from morning washout
It was one of the wildest days of the year for the U.S. stock market with technology shares as the battleground. Big Tech took a big hit to start the day on concerns about rising inflation and high valuations. The selling eventually spread to the rest of the market as […]
Unemployed Americans thought they’d receive benefits until September. Now that aid is in jeopardy
Justin Mackey, his wife, Cassie, and their three young children: Camdyn, 14, Connor, 7, and Charlie, 3. While Justin Mackey worked to rebuild his locksmith business, the 38-year-old was relying on getting a $420-a-week unemployment check for another four months. That money was a fraction of what he brought home […]
Democrats move to advance sweeping election reform bill that faces long odds of Senate passage
U.S. Senate Majority Leader Chuck Schumer (D-NY) touts Senate Democrats legislative accomplishments as he holds a news conference at the U.S. Capitol in Washington, March 25, 2021. Jonathan Ernst | Reuters Senate Democrats moved Tuesday to advance a sweeping federal election reform bill, calling it vital to combating a wave […]
Dow falls 500 points amid broad market sell-off, S&P 500 slides 1%
The market rout intensified on Tuesday as selling in higher-priced technology shares spilled over to everything from bank stocks to energy and industrials. The Dow Jones Industrial Average slid 500 points, led by declines in Home Depot and Boeing. The tech-heavy Nasdaq Composite lost 0.6% after shedding 2.2% at its […]