Amazon’s Key Working day kicked off Tuesday. Here’s what the pros are indicating
Finance
Treasury delays deadline for small businesses to file new form to avoid risk of fines for noncompliance
Key Points The U.S. Treasury Department delayed a Jan. 1, 2025, deadline to file a new “beneficial ownership information” report by about two weeks, to Jan. 13. It delayed the BOI reporting requirement following recent federal court rulings. The requirement was created by the Corporate Transparency Act, which aims to curb illicit finance. Source
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Finance
Stocks making the biggest moves midday: Broadcom, Honda, GameStop, KULR Technology and more
Check out the companies making headlines in midday trading: KULR Technology Group — The space technology company skyrocketed more than 26% after it bought 217.18 bitcoin worth about $21 million. The cryptocurrency purchase was the first for the company since it announced a new bitcoin treasury initiative on Dec. 4, the day bitcoin hit the $100,000 […]
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Finance
10-year Treasury yield rises above 4.6% as investors digest jobless claims data
Traders work at the New York Stock Exchange on Dec. 17, 2024. NYSE Treasury yields rose Thursday morning as investors digested new data on weekly jobless claims. The yield on the 10-year Treasury jumped 5 basis points 4.633%. The 2-year Treasury traded 2 basis points higher at 4.359%. One basis point is equal to 0.01%. Yields move inversely to […]
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