U.S. stocks climbed Thursday with major averages notching new records as investors flocked into their growth tech darlings again amid easing fears of inflation and rates. The S&P 500 climbed 1.3% to reach an all-time high, its first record since Feb. 16. The Dow Jones Industrial Average added 350 points […]
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Congress delivered big Covid relief bills over the past year – but months of inaction took a major toll
An ambulance sits outside the US Capitol in Washington, DC, March 23, 2020, as the Senate continues negotiations on a relief package in response to the outbreak of COVID-19, known as the coronavirus. Saul Loeb | AFP | Getty Images When the World Health Organization declared Covid-19 a global pandemic […]
Beeple NFT becomes most expensive ever sold at auction after fetching over $60 million
A virtual art piece titled “Everydays: The First 5000 Days.” Created by digital artist Beeple, it’s the first NFT-based work of art to go on auction at Christie’s. Christie’s A non-fungible token by the artist Beeple sold at Christie’s for over $60 million, making it the most expensive NFT ever […]
Dow rises 200 points to another record, Nasdaq jumps 1.5% as tech comeback resumes
U.S. stocks climbed on Thursday led by technology names as investors flocked into their growth darlings again as fears of inflation and rates eased. The Dow Jones Industrial Average added 200 points to hit another intraday record high. The S&P 500 climbed 0.8%. The Nasdaq Composite jumped 1.6% amid a […]
Roblox shares jump after Cathie Wood’s fund buys on first trading day
The New York Stock Exchange welcomes executives and guests of Roblox (NYSE: RBLX), today, Wednesday, March 10, 2021, in celebration of its Direct Listing. NYSE Shares of Roblox, a kids gaming app, jumped about 6.5% Thursday morning after it was revealed one of Cathie Wood’s funds bought into the stock […]
Weekly jobless claims rise less than expected with Biden set to sign $1.9 trillion Covid package
Weekly jobless claims rose less than expected last week, but remained above pre-pandemic levels, as the U.S. economy tried to shake off impacts from Covid-19 and employers waited to see if President Joe Biden’s $1.9 trillion stimulus would become law. The Labor Department on Thursday reported that first-time filings for […]
States lift Covid restrictions, drop mask mandates and reopen businesses despite warnings from Biden officials
A man shops, during the coronavirus disease (COVID-19) pandemic, on 5th Avenue in New York, February 17, 2021. Brendan McDermid | Reuters More states are moving to significantly reopen their economies and terminate their mask mandates despite pleas from top U.S. officials to tread carefully until more Americans are vaccinated […]
Nasdaq futures jump as tech shares gain, Dow looks set to add to record
U.S. stock futures rose on Thursday after the market’s blue-chip average set another record high a day earlier. Futures contracts for the Dow Jones Industrial Average added 100 points, or 0.3%. S&P 500 futures climbed 0.7%. The big winner, however, was the tech-heavy Nasdaq 100 with futures jumping 2%. The […]
Prince William says royals are ‘very much not a racist family,’ has not spoken to Harry yet
Prince William photographed in Peterborough, England, on July 16, 2020. Kirsty Wigglesworth – WPA Pool | Getty Images News | Getty Images LONDON — Prince William has issued his first comments since the explosive interview given by his brother Prince Harry and Meghan, the Duchess of Sussex, saying the royal […]
Denmark suspends use of AstraZeneca Covid vaccine over reports of blood clots
The Oxford-AstraZeneca covid vaccine. Karwai Tang | Getty Images LONDON — Denmark announced Thursday it will temporarily suspend the use of the coronavirus vaccine developed by AstraZeneca and the University of Oxford. The Danish Health Authority said it would temporarily stop using the shot in its vaccination program as a […]