The NWSL and three attorneys general have agreed to a settlement over the league’s past mistreatment of players.
XRP price faces a double bearish divergence which could trigger a 25% correction.
A distribution notice from FTX Digital Markets showed that the initial group of claimants could expect the value of their funds to be returned plus
Walmart’s purchase was an all-cash $34 million deal, according to CBL, a shopping mall owner that sold the property.
Solana appears to be in the early stages of a recovery, and the network’s steady adoption could support longer-term price growth.
Block sizes have increased steadily since Bitcoin’s Taproot upgrade, but they have more room to grow, according to Mempool Research.
Bitcoin’s price rallied by 122% in 2024, yet its annualized volatility reached the lowest level on record.
Former Coin Center policy director Landon Zinda has left the crypto advocacy group to join the SEC as a senior adviser.
Bitcoin’s sell-off might not be over yet, but does data point to the potential end of the BTC bull market?
SEC Commissioner Hester Peirce said on Feb. 4 that the agency is reconsidering whether certain types of crypto assets are securities.
DEXs like Uniswap should not be held liable for user actions they can’t control, the venture capital firm said.
The working group involving four congressional committees will be separate from one studying a Bitcoin reserve under Donald Trump’s executive orders.
In today’s dynamic economic landscape, seasoned investors are reevaluating their portfolios and considering the potential of Bitcoin as an alternative to traditional assets like real
Chipotle earnings beat estimates as restaurant traffic rises again.
The bodies of all 67 people killed in the collision of an American Airlines regional jet with an Army helicopter have been recovered, officials said
Trump’s freeze is putting foreign aid to millions of vulnerable people at risk
Marc Rowan says his firm could create co-branded investment funds with traditional managers
Shell PLC (SHEL) shares up on resuming production at Penguins field in UK North Sea with new FPSO facility designed for lower emissions and extended
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Shares of Volcon surged following the company’s announcement of a strategic partnership with Super Sonic Company Limited. Volcon will now exclusively distribute AODES-branded golf carts
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Regeneron beat Q4 estimates with $12.07 EPS and $3.79B in sales. The company announced a dividend, a $3 billion buyback, and continued R&D investments. read
In a fiery first address as Secretary of Defense, Pete Hegseth issued a directive to America’s armed forces to “put America first” and “never back
South Dakota Governor Kristi Noem was officially sworn in as the United States Secretary of Homeland Security on Saturday in an intimate ceremony at the
In a landmark decision, the U.S. Securities and Exchange Commission (SEC) has rescinded Staff Accounting Bulletin (SAB) 121, marking a pivotal win for crypto-asset custodians,
In the evolving landscape of regulated finance, financial institutions are seeking ways to integrate blockchain technology without compromising on compliance and efficiency. A recent report
In the rapidly evolving world of artificial intelligence, where companies like Nvidia, OpenAI, and Meta have set the gold standard for disclosure and innovation, a
The world’s largest cryptocurrency exchange, Binance, is once again in the regulatory crosshairs—this time in France, where investigators have launched a judicial probe into money
The world is witnessing a financial revolution, and at the center of it stands Bitcoin, the undisputed king of digital assets. What was once dismissed
Blockchain technology has evolved dramatically since Bitcoin’s inception, with networks like Ethereum and Solana attempting to solve scalability, security, and transaction costs. Yet, for all
Hungary’s Prime Minister Viktor Orbán is one of the most polarizing yet effective leaders in modern European politics. To his supporters, he is a defender
General Motors is laying off off roughly half of its employees who remain at its discontinued Cruise robotaxi business.
Altcoin Daily’s Austin Arnold discusses how global events and Trump’s influence are shaping the crypto bull market.
Ross Ulbricht, sentenced to life in prison without the possibility of parole for creating the darknet market Silk Road, is free. Ulbricht is a freedom
In the rapidly evolving world of Bitcoin adoption, few regulatory shifts carry the magnitude of SAB 121’s recent rescission. According to prominent Bitcoin advocate and
Bitcoin’s decentralized consensus mechanism works based on some cleverly crafted incentive structures. The first and fundamental rule is that the chain with the most work
Things have changed now, and I don’t think people have truly grasped the scope of that change. For all his flaws, and complete lack of
Larry Fink, CEO of BlackRock, recently speculated that Bitcoin could potentially reach valuations as high as $700,000 per BTC. This projection arises against the backdrop
Follow Aaron on Nostr or X. Technically, Donald Trump broke his campaign promise by not freeing Silk Road founder Ross Ulbricht on day one of
Ross is now free. I predict this will be the one good thing to come out of this administration in the grand scheme of things.
Bitcoin appears poised for significant upside movement following a strong start to 2025. However, questions remain about the market’s overall health and whether the current
President Donald Trump has signed a Executive Order titled “Strengthening American Leadership in Digital Financial Technology.” The directive lays out a bold vision for bolstering
In a landmark decision, the U.S. Securities and Exchange Commission (SEC) has officially rescinded Staff Accounting Bulletin (SAB) No. 121, a controversial rule that had
Today, U.S. President Donald Trump signed an executive order (EO) related to Bitcoin and cryptocurrency, titled “Strengthening American Leadership In Digital Financial Technology”. This EO
Follow me on X for more Bitcoin Alpha https://x.com/GuerillaV2 In a recent announcement, Best in Slot, the infrastructure company powering some of the most popular
Follow Anastasia on X. Last night, President Trump signed the “Digital Assets” executive order (EO), and let’s just say Bitcoiners are feeling… sour. Initially, rumors
There is something to the stereotype of naive dreamers and idealists, or cold hard realists and cynics. Stereotypes don’t just come into being baselessly, there
Nasdaq has submitted a groundbreaking proposal to the U.S. Securities and Exchange Commission (SEC) that could transform the operational framework of Bitcoin exchange-traded funds (ETFs). The proposal,
Yesterday, President Trump signed an Executive Order (EO) entitled “Strengthening American Leadership In Digital Financial Technology.” The document outlines the ways in which the U.S.
MicroStrategy has once again solidified its position as the largest corporate holder of Bitcoin, announcing the acquisition of an additional 10,100 BTC for $1.1 billion.
The recent divergence in U.S. Treasury yields, where shorter-term yields have been declining while longer-term yields are on the rise, has sparked significant interest across
Founders: Becca Rubenfeld and Rob Hamilton Date Founded: March 2022 Location of Headquarters: Nashville, TN Number of Employees: Five (soon to be seven) Website: https://www.anchorwatch.com/
In a recent series of tweets, David Bailey, CEO of BTC Inc, shared highlights from a private conversation with President Donald Trump. Bailey revealed that
Something has fundamentally changed in this ecosystem. A big shift in the core ethos of things. Regardless of what you think about politics in the
Follow Aaron on Nostr or X. The news got buried in part due to Trump’s inauguration and subsequent rumblings of a Strategic Bitcoin Reserve (SBR),
CME Group, the world’s leading derivatives marketplace, has announced plans to introduce options on its Bitcoin Friday futures starting February 24, pending regulatory approval. These
The Czech National Bank (CNB) is contemplating a groundbreaking shift in its investment strategy by considering the allocation of up to 5% of its reserves
Bitcoin has been making waves in the financial world, with many speculating about its potential to reach new heights. As we explore whether the Bitcoin
The Bank Board of the Czech National Bank (CNB) has approved a proposal to evaluate investing in new asset classes, including Bitcoin, as part of
The Czech National Bank (CNB) is considering adding Bitcoin to its national reserves, with Governor Aleš Michl proposing to allocate up to 5% of the
Follow Guillaume on X. Earlier today at the Plan B Conference in El Salvador, Tether made an announcement that has been years in the making.
Peacock had 36 million subscribers during the most recent quarter, up year over year but flat from the prior period.
Broadband customer growth has lagged in recent quarters as competition from wireless providers has ramped up.
American Airlines CEO Robert Isom said the airline has activated its care team to assist in recovery efforts after one of its jets collided with
Kennedy struggled to identify and explain the fundamental aspects of Medicare, which provides coverage to older and disabled Americans.
Pending home sales in the U.S. fell in December as mortgage rates climbed again.
The Bitcoin market has long been defined by its seemingly immutable four-year cycle, a pattern of three years of surging prices followed by a sharp
I was recently having a conversation with a friend in Kenya who described how difficult it was for women in that country to stand in
Grayscale Investments LLC has officially launched the Grayscale Bitcoin Miners ETF (MNRS), providing investors with a unique opportunity to gain exposure to the Bitcoin mining
In the past two months, I’ve attended the Adopting Bitcoin Cape Town conference in South Africa and the African Bitcoin Conference in Kenya. I’ve also
IPO experts are expecting more companies to go public this year than last year, and restaurants including Panera and Fogo de Chao are considering offerings.
In the intricate dance of global finance, few metrics are as telling as the M2 money supply—a measure of global liquidity. Currently sitting at a
Home prices are already at records, and tariffs on building materials from Canada and Mexico could add even more pressure to the market.
I just sat down and watched this debate between Jimmy Song and Jameson Lopp on Bitcoin ossification. I don’t even know where to start as
Bitcoin’s price movements have always been a subject of debate among investors and analysts. With recent market retracements, many are questioning whether Bitcoin has already
Follow Nikolaus On 𝕏 Here For Daily Posts Today, The Wall Street Journal (WSJ) published an article attempting to discredit Bitcoin amidst the recent US,
This election cycle saw a sharp increase in political spending from cryptocurrency companies, positioning the industry to influence U.S. politics. Already several states have begun
Upgrades most notably include six “giga presses,” made known by Tesla, and a new “cell” manufacturing system for its upcoming electric vehicle battery cases.
Tariffs announced Saturday by the Trump administration are expected to have a profound impact on the global automotive industry.
The NTSB is continuing its investigation into how an American Airlines regional jetliner collided midair with a Black Hawk military helicopter.
American Eagle Flight 5342 was seconds away from landing at Reagan National Airport when it collided with the Army helicopter on Wednesday night.
Demand for New York City office space has finally returned to pre-pandemic levels, driven by an influx of new workers as well as return-to-office policies.
The New Nemesis There is no doubt that the last cycles of elections worldwide, particularly in the U.S., have revealed several “elephants in the room”
President Donald Trump is threatening 10% tariffs on Chinese goods as soon as Saturday, and manufacturers in China are figuring out how to cope.
Shein is detailing its commitment to product safety after it clashed with U.K. lawmakers on its supply chain and recalled a dangerous hair dryer.
The filing comes amid reports that Detroit Pistons owner Tom Gores submitted a bid for a WNBA expansion team.
An American Airlines regional jet collided with a helicopter near Ronald Reagan Washington National Airport.
From Bernard Arnault to Laurene Powell Jobs, the ultra-rich kicked off the new year with big startup bets. Here are the deals you should know
The Vertex drug is a milestone after a long history of unsuccessful efforts to develop painkillers without the addictive potential of opioids.
Airline executives have pushed the government to modernize air traffic control and alleviate congestion in some of the busiest air corridors in the U.S.
Follow Frank on X. Often, when I speak with everyday Bitcoiners — plebs, if you will — they share with me that they’re torn between
Discussing when and how to sell Bitcoin can be controversial, but if you’re planning to take profits this cycle, it’s essential to do it strategically.
The CEOs of Tiffany & Co., TAG Heuer and Bulgari and the director of watches for Louis Vuitton weigh in on China sales, tariffs and
Ethereum’s supply is climbing, ETH whales are dumping, and its biggest rival, Solana, is gaining ground more than two years after the switch to proof-of-stake.
The platform will offer BTC and AVA rewards for cryptocurrency-based bookings on Trivago.
Crypto investigators ZachXBT and tanuki42 claim Coinbase neglected security lapses that cost users more than $300 million annually.
XRP price is up 7% on Feb. 4, responding to US President Trump’s pause on Canada and Mexico tariffs, as chart technicals are warning of
THORChain’s node operators approved a plan to convert $200 million in debt into equity tokens, but community members are raising concerns over its long-term viability.
Steve Yun, founder of the TON-focused $100 million fund, TVM Ventures, is bullish on TON despite the Toncoin market cap dropping by 64% since April
Bitcoin fails to hold six figures as a fresh round of trade-war posturing begins, but market participants are confident that the worst is over.
Learn how Stellar (XLM) enables seamless transactions, promotes financial inclusion, and supports a decentralized digital economy.
Onchain value for the real-world asset sector has increased 94% since the same time last year, adding nearly $4 billion in three months.
The US Treasury was accused of unlawfully allowing Elon Musk and his government efficiency organization access to millions of Americans’ personal and financial data.
The Ethereum community has been debating whether to increase the gas limit, with some saying it would reduce fees, while others were worried it could
Agentic AI for crypto remains highly speculative but the emerging niche may gain traction this year, said researchers from Sygnum Bank.
Eric Trump, who is involved in the Trump family’s World Financial Liberty platform, told his followers it’s a good time to buy Ether.
The US Department of Justice charged Andean Medjedovic with exploiting two crypto protocols, alleging he tried to extort one with a “sham settlement proposal.”
The US commodities regulator is investigating Super Bowl markets offered by Crypto.com and reportedly Kalshi, asking them how they comply with derivatives rules.
Both Canada and Mexico have agreed to implement policies to stop the flow of illegal drugs and immigration into the US after a phone call
Wyoming Senator Cynthia Lummis suggested Donald Trump’s executive order creating a US sovereign wealth fund was a “big deal” for Bitcoin.
The U.S. relies heavily on other countries for pharmaceutical products, especially for generic drugs.
Trump’s import tariffs could threaten a long-standing relationship between Hollywood and Canada and could force American consumers to pull back on moviegoing.
The new layer-1 network, which is focused on derivatives trading, continues to gain traction, while Ethereum faces a sharp revenue decline.
WazirX warns creditors that repayments could be delayed until 2030 if they reject its restructuring plan, which was recently approved by the High Court of
Need to know what happened in crypto today? Here is the latest news on daily trends and events impacting Bitcoin price, blockchain, DeFi, NFTs, Web3
Trade war concerns and traditional market volatility threaten a short-term BTC correction below $90,000, analysts told Cointelegraph.
Coinbase, the largest custodian for US-based spot Bitcoin ETFs, wants US state-chartered banks to be allowed to provide and outsource crypto custody and execution services.
Bitcoin bulls face an uphill struggle to stem selling amid worries that BTC price weakness will end up challenging levels around $90,000.
The cryptocurrency exchange recently secured a MiCA license, allowing it to provide services throughout the European Economic Area.
The former White House communications director reportedly suggested that members of Congress running for reelection ”don’t want to be opposed by the crypto industry.”
Boeing losses on its Starliner spacecraft topped $2 billion and counting after a rough year.
Can Ethereum game Moonray repeat the success of Off The Grid when it launches on Xbox and Playstation later this year? Web3 Gamer.
Fox has so far been on the sidelines of streaming, with the exception of its free, ad-supported service Tubi.
Fox’s Tubi will host two feeds as the reigning champion Kansas City Chiefs take on the Philadelphia Eagles on Sunday.
Tokenization offers a blueprint for commodity markets, as it solves genuine problems.
Merck’s full-year 2025 revenue guidance fell short of what some analysts were expecting, at a range of $64.1 billion to $65.6 billion.
The results cap off a critical year for Pfizer, which has been slashing costs as it recovers from the rapid decline of its Covid business
Leveraged long liquidations would surpass $1 billion if Ether’s price falls below $2,650.
PepsiCo’s earnings topped Wall Street’s estimates, but the company’s revenue missed expectations, as drink and snack demand fell in North America.
McDonald’s is bringing back the mascot Uncle O’Grimacey, Grimace’s uncle, to promote the seasonal milkshake.
Canadian national Andean Medjedovic has been accused of committing the $48-million exploit on DeFi protocol KyberSwap.
The fund is part of the growing RWA tokenization sector, which refers to financial and other tangible assets minted on the immutable blockchain ledger.
Shares of Moderna, BioNTech, Novavax, GSK and Pfizer fell on Tuesday following the vote.
TheStreet aims to feature only the best products and services. If you buy something via one of our links, we may earn a commission. A
In just one week we went from AI to ay-ay-ay. Not so long ago AI was riding high. AI-chip colossus Nvidia (NVDA) was the second
TheStreet aims to feature only the best products and services. If you buy something via one of our links, we may earn a commission. Finding
TheStreet aims to feature only the best products and services. If you buy something via one of our links, we may earn a commission. Glitter
TheStreet aims to feature only the best products and services. If you buy something via one of our links, we may earn a commission. Whether
As airlines launch new flights and rework their networks, the impressive-sounding title of the longest flight in the world shifts. Since 2018, it has been
President Donald Trump has taken executive action to impose tariffs on imports from Canada, China and Mexico. Jessica Caldwell, head of insights at Edmunds, joined TheStreet
Transcript: Conway Gittens: President Trump is making good on his promise to slap tariffs on $1.4 trillion worth of goods made in Mexico, Canada, and China.
TheStreet aims to feature only the best products and services. If you buy something via one of our links, we may earn a commission. Food
People who smoke often complain that cruise lines limit smoking areas on embarkation day. That happens for a number of reasons. First, while most major
Straight-from-Broadway shows and Broadway-style productions have long been staples of cruise ship entertainment. Royal Caribbean has made a splash with cruise-ship performances of hit shows
On most cruise lines’ ships, dinner in the main dining rooms is divided into two seatings—an early dinner option and a late one. For parents
TheStreet aims to feature only the best products and services. If you buy something via one of our links, we may earn a commission. Whether
With over 21,000 miles of trails stretching across the country’s 63 national parks, visitors from across the country and around the world have traveled to
Sporting goods and apparel retailers have faced an array of economic issues since the industry faced store shutdowns in 2020 during the Covid-19 pandemic. Once
On February 1, President Donald J. Trump imposed new tariffs on goods originating from its most immediate neighbors, Canada and Mexico, that would take effect
This has been going on for quite a while. Some of the earliest recorded tariffs date back to 3000 BCE in the region of modern-day
If you’ve taken a trip to your local shopping mall, suburban plaza, or even just a tour down main street recently, you’ve probably noticed some
The most popular ways to experience the Grand Canyon are to hike through it or fly in on a helicopter tour from Las Vegas. Still,
Dollar General (DG) , which has almost 20,000 locations in the U.S., just sent a stern message to employees instructing them to comply with a
Margaritaville at Sea plans to create significant new experiences and make upgrades aboard its maiden vessel, Margaritaville at Sea Paradise, sailing from Port of Palm
Home buyers entering the housing market this year face a perfect storm of hardship: rising home prices and down payment expectations, elevated interest rates, and
TheStreet aims to feature only the best products and services. If you buy something via one of our links, we may earn a commission. Whether
Check back for updates throughout the trading day U.S. stocks edged higher in early Tuesday trading, amid downside moves for oil prices and the dollar,
TheStreet aims to feature only the best products and services. If you buy something via one of our links, we may earn a commission. Sometimes
Stellantis (STLA) , the multinational automaker that is the parent company of beloved American auto brands such as Chrysler, Jeep, Dodge, and Ram Trucks, has
The holiday season may be over, but with the Super Bowl quickly approaching, many Americans are likely as focused as ever on acquiring the newest
TheStreet aims to feature only the best products and services. If you buy something via one of our links, we may earn a commission. It’s
TheStreet aims to feature only the best products and services. If you buy something via one of our links, we may earn a commission. A
In 2023, Bud Light had one of the worst years of its existence as it faced a massive boycott and lost its spot as the
The retail sector has faced financial distress over the last year that has continued into 2025, leading to bankruptcy filings and hundreds of store closings.
While President Donald Trump quickly agreed to pause the tariffs he threatened to place on Canada and Mexico, the damage by eschewing diplomacy and using
Transcript: Conway Gittens: Waffle House has had enough with these sky-high egg prices. The restaurant chain is now tacking on an egg fee to any meal
While you might see some daring bathing suits on Carnival, Royal Caribbean and Norwegian Cruise Line, you won’t see any actual nudity. None of those
TheStreet aims to feature only the best products and services. If you buy something via one of our links, we may earn a commission. There’s
Since President Donald Trump’s election, tech companies have been preparing for policies that favor their growth and impose few regulations. After all, Trump’s close advisors
It’s no secret that taking a vacation improves your well-being. From providing an opportunity to rest, recharge and reduce stress to giving you a dopamine
One of the most convenient parts of living today is that almost everything is available to us with the simple press of a button. Dinner,
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Updated at 9:15 AM EST Palantir Technologies shares soared in early Tuesday trading, with the stock set to open at a fresh all-time high, following
Nominee known as a vaccine sceptic looks set to be confirmed as US health secretary
With Trump’s tariffs in focus, dividend-paying, domestically focused businesses are expected to benefit. ETFs like Vanguard Dividend Appreciation and iShares Select Dividend could offer exposure
Latest Ratings for CMG Date Firm Action From To Feb 2022 Morgan Stanley Maintains Overweight Feb 2022 Deutsche Bank Maintains Hold Feb 2022 Barclays Maintains
FN shares down premarket after reporting Q2 results, beating revenue and EPS expectations. Company remains optimistic, authorizes $100M buyback. read more
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TheStreet aims to feature only the best products and services. If you buy something via one of our links, we may earn a commission. As
In what has been a very grim few weeks for aviation, a plane preparing to leave from South Korea to Hong Kong caught fire last
While it wasn’t quite as shocking as the Luka Doncic/Anthony Davis trade, it’s fair to say that anyone who saw social-media posts about Royal Caribbean
As President Donald Trump continues to threaten tariffs to top trading partners, a critical economic debate emerges: Will these translate to higher prices for consumers?
Nvidia shares were active in early Tuesday trading after reports said China launched an antitrust probe into the AI-chip maker, as Beijing hits back at
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Cruise vacations just got caught in the middle of a shocking new trade war between two countries. Canadian Prime Minister Justin Trudeau is urging Canadians
It’s no question that the Super Bowl remains the most-watched night in television, but do companies really see the return from dropping millions on a
Humira’s reign has come to an end, but it’s not the end for AbbVie. AbbVie’s Humira was the biopharmaceutical company’s top-selling drug for two decades,
Beijing seeks leverage against US president by reviving investigations into tech giants
An inconsistent US is an unreliable partner — it’s that simple
Chief Alex Karp says efficiency department will be ‘very good’ for data analytics company
Beijing targets energy and Google after US brings in extra 10% levy on Chinese imports
US president’s trade offensive pushes producers to seek other markets as Beijing mulls retaliation options
Critics say fragmented ownership, weak culture and a fixation on financial results have harmed innovation
As Donald Trump tears up America’s rule book, the minority party can’t work out how to respond
Brussels issues regulatory guidance, even as US president threatens retaliation over treatment of Big Tech
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1869 scheme will invest in Wall Street bank’s private market vehicles
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Mitch McConnell, the Senate majority leader who refused to bring to a confirmation vote President Barack Obama’s nominee to replace conservative Supreme Court Justice Antonin Scalia upon his death in 2016 because it was an election year, announced Friday in the wake of news of the death of liberal Justice Ruth Bader Ginsburg that President Donald Trump’s selection to replace Ginsburg will get a Senate vote. McConnell argued in a statement that began by paying tribute to Ginsburg’s 87 years of life and trailblazing career that the Senate majority in place at the time of Scalia’s sudden death had been put there to oppose Obama, while the Senate majority currently in place exists to pursue the Trump agenda. Senate Minority Leader Charles Schumer had moments earlier referenced McConnell’s 2016 words in stating the view that the American people should have a voice, through their votes in the presidential election, in the selection of the next Supreme Court justice, which had a 5-4 conservative majority prior to Ginsburg’s death. Election Day is 46 days away.
https://www.cnbc.com/2020/09/18/a-brewing-us-china-tech-cold-war-rattles-the-semiconductor-industry.html
Venture capital firm Sequoia has long been the envy of its Silicon Valley peers, but has rarely had a week like this one.
https://www.cnbc.com/2020/09/18/jim-cramer-reacts-to-unity-stock-market-debut-patience-is-a-virtue.html
https://www.cnbc.com/2020/09/18/cramers-week-ahead-the-market-will-go-lower-until-the-big-ipos-ease.html
The steep losses came as Apple’s recent product event — its first in 2020 — didn’t live up to the hype.
https://www.cnbc.com/2020/09/18/trump-says-us-will-manufacture-enough-vaccine-doses-for-every-american-by-april.html
https://www.cnbc.com/2020/09/18/cdc-reverses-coronavirus-guidance-that-said-people-without-symptoms-may-not-need-a-test.html
Consultants allegedly bribed Amazon employees for privileged information on sellers’ competitors, giving them an unfair advantage.
Stocks ended lower Friday, pulling major benchmarks into negative territory for the third consecutive week as investors again dumped high-flying tech shares. The Dow Jones Industrial Average fell around 245 points, or 0.9%, to end near 27,657, according to preliminary figures. The S&P 500 lost around 38 points, or 1.1%, to close near 3,319, while the tech-heavy Nasdaq Composite dropped around 117 points, or 1.1%, finishing near 10,793. For the week, the Dow fell less than 0.1%, while the S&P 500 and Nasdaq each gave up 0.6%.
Shares of Unity, a video game software developer, jumped in its market debut Friday.
President Donald Trump predicted Friday that the U.S. would make available to all Americans a coronavirus vaccine “by April.” That estimate is at odds with CDC Director Robert Redfield’s prediction Wednesday that a vaccine probably would not be widely available to Americans until the summer or fall of 2021. Trump has said the CDC chief was “confused.” Speaking at a White House news conference, Trump said distribution would begin within 24 hours of approval.
The Commerce Department announced it will ban U.S. business transactions with China-owned social apps WeChat and TikTok on Sunday.
https://www.cnbc.com/2020/09/18/coronavirus-who-says-pandemic-is-killing-about-50000-people-a-week-that-is-not-where-we-want-to-be.html
The Invesco QQQ ETF , which tracks the technology-heavy Nasdaq 100 index , dropped 1.4% in afternoon trading Friday, led lower by the extended pullbacks in the shares of mega-capitalization companies. The QQQs are now down 9.6% month to date, which puts it on track for the biggest monthly percentage decline since it dropped 11.5% in November 2008. Among the three most heavily weighted components of the QQQ, Apple Inc.’s stock has tumbled 16.5% this month, on track for the biggest monthly decline since it shed 18.4% in November 2018; Microsoft Corp. shares have slid 11.6% in September, which puts them in danger of the biggest monthly drop since it tumbled 13.0% in January 2015; and Amazon.com Inc.’s stock has sunk 14.8% in September to date, which puts it on track for the worst monthly performance since it fell 20.2% in October 2018. Meanwhile, the S&P 500 is down 5.2% so far this month, and is headed for the biggest percentage decline since March 2020, when it slumped 12.5%.
U.S. stocks on Friday were seeing heavy selling pressure, led by declines in large-capitalization technology-related companies. The selling action managed to erase weekly gains for the Dow Jones Industrial Average , the S&P 500 index and the Nasdaq Composite . On the day, the Dow was off 1.2% at 27,570, the S&P 500 index was trading 1.5% lower at 3,307, well below its 50-day moving average at around 3,343.34, according to FactSet data. The Nasdaq was nearly 1.8% lower on the session at 10,711. For the week, the Dow was down 0.4% for the week, the S&P 500 was seeing a 1.1% weekly decline, while the Nasdaq was on track for a 1.4% weekly loss. A weekly decline would represent the longest such streak since three weekly declines ended Oct. 4 of 2019 for the Dow and the S&P 500. For the Nasdaq, would mark the longest weekly losing streak since the four-week stretch ended Aug. 23, 2019. However, some stocks were maintaining altitude in the market, including popular Tesla Inc. , which was up 3% despite the broad-market downturn.