Text size Commuters ride the New York City subway. Daniel Slim/AFP via Getty Images Signs of health in the economy just aren’t what they used to be. When the Bureau of Labor Statistics reports the employment figures for May on Friday, investors will be looking to see whether the labor market is still improving—and whether […]
LIMA, PERU – Peruvian voters chose between two polarizing populist candidates Sunday in a presidential runoff held as the coronavirus pandemic continues to batter the Andean country and festering anger has led to fears of more political instability. Political novice Pedro Castillo and Keiko Fujimori, making her third run for the presidency, both promised coronavirus […]
Shares of AMC Entertainment surged again Tuesday after the theater chain sold more than 8 million shares to an investment firm, the latest in a series of capital raises for the struggling company turned meme stock. AMC said in a securities filing that it raised $230.5 million through a stock sale to Mudrick Capital Management. […]
Following the epic gains in many growth stocks in 2020, it wasn’t surprising to see them pull back earlier this year. Many of these highly valued stocks were arguably overdue for a breather. But with lots of growth stocks finally starting to make a comeback, is the growth stock bull market about to make a […]
Good morning, and happy Memorial Day weekend! Crypto is slumping once again, but investors are looking to NFTs as refuge. Cathie Wood is the talk of the town with her tech ETF being targeted and her bold words on Bitcoin’s (CCC:BTC-USD) current flop. D.C. is getting ready for a busy, budget-dense Friday preceding the long […]
Let your shoulders relax. Breathe. Take a minute. This weekend marks the unofficial start of summer in the U.S., kicking off what could easily be the first real shot for many to get away since the start of COVID crisis, as domestic restrictions fade and vaccinations accelerate. But the period after Memorial Day also could […]
WELLINGTON, NEW ZEALAND – Several hundred people in New Zealand were evacuated from their homes Monday, with some recounting dramatic helicopter rescues as heavy rain caused widespread flooding in the Canterbury region. Authorities declared a state of emergency after some places received as much as 40 centimeters (16 inches) of rain over the weekend and […]
MIAMI, Florida: Norwegian Cruise Line and its sister lines Oceania Cruises and Regent Seven Seas Cruises have announced plans to restart more than half of their combined fleets over the next nine months, as part of a gradual reopening of operations that were halted last year after the coronavirus outbreak was declared a pandemic. “Our […]
By Sajjad Hussain Islamabad, May 26 (PTI) The Pakistan Stock Exchange (PSX) on Wednesday registered an all-time high daily trading volume days after the government announced that the GDP would grow by nearly 4 per cent during the current fiscal year. The capital market showed a record high traded […]
HONG KONG, CHINA – 2021/03/31: American soft drink brand Coca-Cola logo displayed at its branded … [+] delivery truck in Hong Kong. (Photo by Budrul Chukrut/SOPA Images/LightRocket via Getty Images) SOPA Images/LightRocket via Getty Images Coca-Cola stock (NYSE: KO) currently trades close to $55 and has still not recovered to its pre-Covid level. The stock […]