Plaid co-founder and CEO Zach Perret. Plaid The Department of Justice is looking to block Visa‘s planned acquisition of fintech start-up Plaid on grounds that it would limit competition in the payments industry. U.S. attorneys for the DOJ outlined potential for the deal to extend a Visa “monopoly” on debit […]
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Trump campaign will sue in Nevada, claiming votes by people who moved or who are dead; Biden lead widens
A Clark County election worker scans mail-in ballots at the Clark County Election Department on October 20, 2020 in North Las Vegas, Nevada. Ethan Miller | Getty Images President Donald Trump‘s campaign said it is filing a federal lawsuit in Nevada on Thursday seeking to block “illegal votes” from people, […]
Homeowners and buyers are the real winners in this election
People wait to visit a house for sale in Garden City, Nassau County, New York, on Sept. 6, 2020. Xinhua News Agency | Getty Images Volatility surrounding the 2020 presidential election has helped push mortgage rates to their 12th record low this year, giving both homeowners and buyers a boost. […]
Stocks jump as post-election rally continues, Dow up more than 300 points
Stocks jumped on Thursday on hopes the winner of the U.S. presidential election would soon be determined. The Dow Jones Industrial Average traded 386 points higher, or 1.4%. Earlier in the day, the 30-stock average was higher by more than 600 points. The S&P 500 climbed 1.5% and the Nasdaq […]
Bitcoin surges past $15,000, hitting its highest level since January 2018
Chesnot | Getty Images Bitcoin‘s price climbed above $15,000 on Thursday, hitting a level not seen since January 2018 amid U.S. presidential election uncertainty. The world’s best-known cryptocurrency was last trading almost 9% higher at a price of $15,233, according to data from industry website CoinDesk. Bitcoin has been on […]
Trump campaign expected to file election lawsuit in Nevada as Biden gains ground in other states
A Clark County election worker scans mail-in ballots at the Clark County Election Department on October 20, 2020 in North Las Vegas, Nevada. Ethan Miller | Getty Images President Donald Trump’s campaign on Thursday is expected to announce a plan to file a lawsuit related to the presidential election in […]
Stocks surge as post-election rally continues, Dow up more than 600 points
Stocks jumped on Thursday on hopes the winner of the U.S. presidential election would soon be determined. The Dow Jones Industrial Average traded 613 points higher, or 2.2%. The S&P 500 climbed 2.4% and the Nasdaq Composite advanced 2.6%. Those gains put the major averages on pace for their biggest […]
Dow jumps more than 400 points as Wall Street extends post-election rally
Stocks jumped on Thursday on hopes the winner of the U.S. presidential election would soon be determined. The Dow Jones Industrial Average traded 423 points, or 1.5%. The S&P 500 climbed 1.6% and the Nasdaq Composite advanced 1.8%. Those gains put the major averages on pace for their biggest weekly […]
The ways Joe Biden or Donald Trump would get 270 electoral votes and the White House
Avishek Das | LightRocket | Getty Images As states worked to tally remaining ballots two days after Election Day, Democratic nominee Joe Biden sat just shy Thursday of the electoral votes needed to win the White House. Votes counted in undecided states so far show the paths both he and […]
Jobless claims edge lower but are still well above pre-pandemic levels
First-time claims for unemployment insurance continued a modest trend down last week, though the total remains well above what was considered normal prior to the coronavirus pandemic and was a touch higher than Wall Street estimates. The Labor Department reported Thursday that 751,000 U.S. workers filed for benefits, compared with […]