U.S. stocks traded mostly higher on Tuesday after a March inflation report turned out not as bad as some traders feared, but the impact of a halt to the rollout of Johnson & Johnson vaccine kept optimism in check. The S&P 500 added 0.33% to finish at 4,141.59 and locked […]
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Biden proposes summit in phone call with Putin as Russian military builds presence on Ukraine border
WASHINGTON — President Joe Biden proposed a summit with Russian President Vladimir Putin during a phone call Tuesday between the two leaders, the White House said. Biden proposed holding the summit “in the coming months,” said a readout of the call provided Tuesday by the administration. The call, at least […]
S&P 500 hits record, Nasdaq adds 1% as stocks shake off J&J vaccine halt, higher inflation
U.S. stocks traded mostly higher on Tuesday after a March inflation report turned out not as bad as some traders feared, but the impact of a halt to the rollout of Johnson & Johnson vaccine kept optimism in check. The S&P 500 added 0.45% to reach a new intraday record […]
What the Coinbase listing means for the price of bitcoin and other cryptocurrencies
Pavlo Gonchar | LightRocket | Getty Images Bitcoin has been surging to record highs, ahead of Wednesday’s stock debut of crypto exchange Coinbase, and some analysts say the offering could be a potential pivotal moment for cryptocurrencies. Bitcoin was trading up more than 5% Tuesday, above $63,220, according to Coin […]
Josh Brown: Here’s how you can double your money in the stock market, again and again
Wealth advisor Josh Brown has a go-to trick that he uses to impress even the smartest children and teens. “When I show them how money can double in an investment, again and again during the course of their lives, they’re blown away,” Brown said. Time is one of the most […]
Gas tax is not being considered in Biden’s infrastructure plan, White House says
White House Press Secretary Jen Psaki delivers remarks during a press briefing at the White House in Washington, February 8, 2021. Carlos Barria | Reuters The Biden administration is not considering a hike to the federal gasoline tax as a way to help pay for its landmark infrastructure proposal, according […]
The Fed is ‘overwhelmingly’ white and male and needs to change, study says
A woman wearing a face mask rides a scooter past the U.S. Federal Reserve in Washington, D.C., the United States, on Jan. 27, 2021. Lie Jie | Xinhua News Agency | Getty Images The Federal Reserve has a “staggering” lack of diversity among its directors who are charged with running […]
Coinbase is unlike any market debut Wall Street has ever seen
Brian Armstrong, co-founder and chief executive officer of Coinbase Inc. David Paul Morris | Bloomberg | Getty Images Coinbase is poised to command an astronomical valuation when the digital currency exchange goes public on Wednesday. But ask 10 market experts how the company should be valued and you’ll likely get […]
States rush to replace J&J vaccine appointments after FDA recommends pause
More than two dozen states took steps Tuesday to halt inoculations with Johnson & Johnson‘s coronavirus vaccine, shortly after the Food and Drug Administration recommended to pause its use after reports some women developed a rare blood clotting disorder. The states, like the FDA and the Centers for Disease Control […]
‘When is the housing market going to crash?’ is a red-hot search on Google – here’s why
Rick Nazarro of Colonial Manor Realty talks with a pair of interested buyers in the driveway as a couple waits to enter a property he is trying to sell during a “controlled” open house on May 2, 2020 in Revere, MA. Blake Nissen | Boston Globe | Getty Images The […]