Iran’s President-elect Ebrahim Raisi attends a news conference in Tehran, Iran June 21, 2021. Majid Asgaripour | WANA News Agency | Reuters DUBAI, United Arab Emirates — Iran’s president-elect Ebrahim Raisi gave his first press conference since the country’s election, saying Monday that his government’s priorities would be to improve […]
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Biden administration slaps sanctions on Belarus after it forcibly diverted passenger jet to arrest opposition journalist
In this Sunday, March 26, 2017 file photo, Belarus police detain journalist Raman Pratasevich, center, in Minsk, Belarus. Sergei Grits | AP WASHINGTON – The Biden administration slapped a slew of sanctions against Belarus on Monday amid Western fury over the forced diversion of a Ryanair flight to arrest an […]
Amazon Prime Day is on. These are the deals you can skip
Amazon Prime Day is underway. But not every deal is as good as it seems. The two-day shopping event, which started early Monday and runs through 3 a.m. ET Wednesday, is offering more than 2 million deals — and some are better than others. “That is an incredible number,” said […]
Supreme Court rules against NCAA in compensation battle with college athletes
Texas Longhorns huddle during the second half against the UCLA Bruins in the second round game of the 2021 NCAA Women’s Basketball Tournament at the Alamodome on March 24, 2021 in San Antonio, Texas. Carmen Mandato | Getty Images The Supreme Court on Monday handed a unanimous win to Division […]
Dow’s comeback rally gains steam as blue-chip average jumps 500 points
U.S. stocks climbed on Monday as the market attempted to recover some of the losses caused by the Federal Reserve’s policy shift. The blue-chip Dow Jones Industrial Average rose 500 points, or 1.6%, rebounding from its worst week since October. The S&P 500 gained 1.1%. The Nasdaq Composite was the […]
Dow jumps more than 200 points, rebounds from its worst week since October
Stock futures were higher on Monday as the market attempted to rebound from the Dow Jones Industrial average’s worst week since October. Futures on the Dow rose 250 points. S&P 500 futures gained 0.5%, while Nasdaq-100 futures added 0.3%. The overnight action was volatile with Dow futures dropping about 200 […]
MicroStrategy now owns over 100,000 bitcoins worth more than $3 billion after latest purchase
Representations of the Bitcoin cryptocurrency are seen in this illustration picture taken June 7, 2021. Egdar Su | Reuters MicroStrategy said Monday it owns more than 100,000 bitcoins after completing another purchase round, this time spending roughly $489 million on 13,005 tokens. Shares of the Virginia-based enterprise software company were […]
Bitcoin sinks to two-week low as China intensifies crypto mining crackdown
A bitcoin mine near Kongyuxiang, Sichuan, China on August 12, 2016. Paul Ratje | The Washington Post | Getty Images Bitcoin sank Monday on reports that China has intensified its crackdown on cryptocurrency mining. The world’s largest digital currency fell 7% to a price of $32,801 Monday morning, dropping below […]
This Amazon Prime Day, it’s not about the deals. How other retailers are looking to win your business
Demdaco is an artisan gifts business that has been selling on Amazon for roughly the past five years. It won’t be holding any sales around Prime Day. Source: Demdaco PR Shoppers booting up a web browser and expecting to see big discounts for Amazon‘s annual Prime Day megasale on Monday […]
Biden’s top tax rate on capital gains, dividends would be among highest in developed world
Oliver Contreras/Sipa/Bloomberg via Getty Images The U.S. would tax capital gains and dividends for the rich at among the highest rates in the developed world if President Joe Biden’s proposal were enacted. The top rate high-earning Americans pay on dividends and the sale of appreciated assets would jump to nearly […]