NEW YORK, Dec. 3 (Xinhua) — U.S.-listed Chinese companies traded lower on Friday with all the top 10 stocks by weight in the S&P U.S. Listed China 50 index ending the day on a downbeat note. Shares of Trip.com Group and NIO tumbled 12.2 percent and 11.19 percent, respectively, leading the losses in the top […]
NEW YORK, New York – U.S. stocks roared back to life Thursday shrugging off concerns about the new Covid variant Omicron. “While it is nice to see a rally, I am not sure investors should put much meaning into it,” Jim Paulsen, chief investment strategist for Leuthold Group told CNBC Thursday. “Fear and greed will […]
NEW YORK, New York – A single case of Omicron, that being the first in the U.S., sent stocks into freefall on Wednesday. Despite being well ahead the CDC, in reporting the first case, not exactly unexpected that cases would emerge in the United States, punctured the main indices, reversing the strong gains being recorded. […]
Federal Reserve Chairman Jerome Powell informed a Senate committee on Tuesday that ?transitory? is a word that should be retired when talking about inflation as it suggests the phenomenon will be ‘short-lived.? Asked about his use of the term transitory when speaking about inflation by Sen. Pat Toomey (R-Pennsylvania), Powell admitted the word’s actual definition […]
NEW YORK, New York – U.S. stocks were bought back on Monday after a ferocious sell-off on Friday due to the emergence of a potentially serious Covid-19 variant in African and other countries. Even over the weekend, there was concern Friday’s mini-panic on financial markets had been overdone as the seriousness of the new strain […]
Stocks fell hard last week as both the Dow Jones Industrial Average (DJINDICES:^DJI) and the S&P 500 (SNPINDEX:^GSPC) shed more than 2%. Indexes are still having an above-average year, though, with gains of 14% for the Dow and 22% for the S&P so far in 2021. Earnings season powers on over the next few days. Let’s […]
© Provided by Xinhua The World Health Organization (WHO) said there was preliminary evidence that the variant, which it named Omicron after the Greek letter, was more transmissible than the Delta variant that is currently dominant worldwide, and other virus strains. NEW YORK, Nov. 27 (Xinhua) — The newly-discovered Omicron variant of COVID-19 in South […]
JOHANNESBURG – South African scientists are scrambling to determine how quickly a newly discovered variant of the coronavirus can spread and if it is resistant to vaccines. The new strain has led Britain to reimpose flight bans on six southern African countries, which could deal another heavy blow to their economies. Coronavirus cases are once […]
Shares of Riskified (NYSE:RSKD) are down 45% over the past month and a whopping 72% from their all-time high, despite being on the market for just four months. This price drop was partially due to the IPO hype wearing off as other exciting IPOs came to the market, but the chief source of this pressure […]
The outspoken victims of the culture war galvanised into fighting cancellation are not defined by any coherent views they hold in common but by what cultural value they have been deemed to transgress by the wokeocracy. The inexorable rise of wokeism – the culture war and cancel culture – appears unstoppable mainly because its opposition […]
