Washington Football Team majority owner Dan Snyder has agreed to buy the shares owned by the team’s limited partners, a league spokesman said. ending a boardroom fight within an NFL franchise that …
Read More »Stocks Rise Despite Tech Stocks Slump
The Dow Jones Industrial Average rose on Wednesday as investors returned to betting on economically sensitive sectors with bets that the US economy will continue to recover. The top-line equity index added …
Read More »Support for carbon tax grows, except where it matters most
There is no more effective way for President Biden to meet his aggressive climate goals than a carbon tax. The timing seems right: His Secretary of the Treasury, Janet Yellen, has been …
Read More »Unusual jump in gas prices puts $ 3 a gallon in sight
The prospect of summer drivers filling America’s roads is driving sharp increases in the price of gasoline, a sign of economic recovery and a boon for the pandemic-ravaged energy industry. Elevated by …
Read More »Tech Stocks led the market rally. Now they are falling behind.
A year ago, the US stock market bottomed out, with the S&P 500 hitting its lowest point after falling 34% in just 23 business days. At the time, few could have imagined …
Read More »Fire at a giant auto-chip plant Fuel supply concerns
TOKYO – A fire at a factory at one of the world’s leading car chipmakers has added to woes for automakers who have already cut production due to semiconductor shortages. Friday’s fire …
Read More »The NCAA retained the use of the powerful ‘March Madness’ brand of women’s basketball
The National Association of Collegiate Athletics has built its trademark phrase “March Madness” into one of the most powerful brands in the sport. It is stuck on the courts, stadiums and broadcasts …
Read More »Kansas City Southern, Tesla, Support.com, Synnex: What to Watch When the Stock Market Opens Today
This is what we are seeing before the trading action begins on Monday. –US equity futures rose, with tech stocks poised to lead earnings. Futures linked to the S&P 500 added 0.2%. …
Read More »Turkish lira sinks after Erdogan fires Central Bank head
Turkey’s currency fell 9% on Monday, heading for its biggest single-day selloff since 2018, following the abrupt removal of the central bank governor last week. The lira fell to a low of …
Read More »US Stock Futures Point to Earnings for Tech
US equities futures faltered on Monday, signaling a mixed start to the week for the major indices. S&P 500 futures ranged between gains and losses. The wide range of large-cap US stocks …
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