The S&P 500 and Nasdaq Composite rose in choppy trading on Friday as traders weighed the prospects of new fiscal aid as well as disappointing U.S. jobs data. The broader-market index rose 0.1% and hit an intraday record earlier in the day. The tech-heavy Nasdaq climbed 0.4%, also reaching an […]
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Trump not expected to be criminally charged with inciting Capitol riot, DOJ says
U.S. President Donald Trump gestures during a rally to contest the certification of the 2020 U.S. presidential election results by the U.S. Congress, in Washington, U.S, January 6, 2021. Jim Bourg | Reuters President Donald Trump is not expected to be criminally charged with inciting a riot at the U.S. […]
Global semiconductor shortage causes Ford and Nissan to cut vehicle production
A Ford Escape sports utility vehicle (SUV) undergoes final inspection during production at the Ford Motor Co. assembly plant in Louisville, Kentucky, U.S., on Tuesday, April 28, 2015. Luke Sharrett | Bloomberg | Getty Images Ford Motor and Nissan Motor on Friday confirmed they are cutting vehicle production at plants […]
White House Covid task force warns of possible new ‘USA variant’ driving spread
Healthcare workers prepare Pfizer coronavirus disease (COVID-19) vaccinations in Los Angeles, California, January 7, 2021. Lucy Nicholson | Reuters The White House coronavirus task force said there could be a new variant of the virus that evolved in the U.S. and is driving spread, according to a document obtained by […]
Latest unemployment boost is ‘too little, too late,’ workers say: ‘They forgot about us a long time ago’
Workers in several states are beginning to see the latest enhanced unemployment benefits hit their bank accounts this week, following the long awaited Covid stimulus package that was finally signed into law Dec. 27, 2020. But for millions of Americans, those benefits are too little, too late. That’s the sentiment […]
Here’s how much you’ll make if you invest your $600 stimulus check for up to 40 years
Millions of Americans are set to get their second stimulus checks in the coming days. The payments will be up to $600 per individual or $1,200 per married couple. Families will also receive an additional $600 per child under 17. You are allowed to spend the money however you want, […]
General Motors redesigns corporate logo as it focuses on electric vehicles
The new logo for General Motors is only its fifth major redesign since the autoamker was founded more than 110 years ago. Source: GM General Motors is changing its corporate logo as it launches a new marketing strategy focused on all-electric vehicles. It is only the fifth time the Detroit […]
How the $600 stimulus checks could affect your tax refund this year
Fertnig | E+ | Getty Images If you don’t receive your second stimulus check in your bank account or the mail, the good news is you can claim the money when you file your tax return this spring. But beware: That doesn’t necessarily mean you will automatically get the full […]
Bill Miller says bitcoin becomes less risky the higher the price goes
Value investor Bill Miller said Friday he believes owning bitcoin becomes a safer investment decision the higher the price of the digital coin gets. Bitcoin was trading over $40,000 per coin Friday afternoon, having posted a record high of almost $42,000 earlier in the day. The cryptocurrency has been on […]
Pelosi spoke to Joint Chiefs chairman about preventing ‘unstable’ Trump from ordering nuclear strike
House Speaker Nancy Pelosi said Friday she spoke to Joint Chiefs of Staff Chairman Gen. Mark Milley about precautions that could block “an unstable president” from “ordering a nuclear strike,” or even accessing nuclear launch codes or starting other military hostilities. “The situation of this unhinged President could not be […]