World
Stock futures are flat on Wednesday evening
Traders work on the floor of the New York Stock Exchange during morning trading on June 08, 2022 in New York City. Michael M. Santiago | Getty Images Stock futures were flat in overnight trading Wednesday after the major averages ended the regular session lower and U.S. Treasury yields rose. Futures on the Dow Jones […]
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Cathie Wood has been buying the dip in Tesla following the EV company’s 40% pullback
Ark Invest’s Cathie Wood has been adding shares of Tesla in her various funds after the electric vehicle maker’s 40% pullback from its record high. The closely followed innovation investor bought at least 50,000 shares of Tesla over the past two weeks for her flagship Ark Innovation ETF , Ark Autonomous Technology and Robotics ETF […]
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Falling investor interest, lackluster user adoption threaten bitcoin outlook, Citi says
The collapse of the Terra network’s algorithmic stablecoin and sister currency luna added pressure to an already downbeat cryptocurrency market. Now investor activity and interest seem to be waning, according to Citi. The firm said that trading volumes and active wallet addresses have reverted back to normal levels after spiking around the time of Terra’s […]
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U.S. SEC chief Gary Gensler unveils plan to overhaul Wall Street stock trading
U.S. Securities and Exchange Commission (SEC) Chair Gary Gensler testifies before a Senate Banking, Housing, and Urban Affairs Committee oversight hearing on the SEC on Capitol Hill in Washington, September 14, 2021. Evelyn Hockstein | Pool | Reuters The top U.S. securities regulator on Wednesday proposed rule changes to transform how Wall Street handles retail […]
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These stocks post solid returns during sluggish economic times like we’re going through now
Ever-growing fears of an economic recession have left investors scrambling to figure out how to protect their portfolios. In the first quarter, U.S. GDP contracted by more than 1% as the country dealt with the spread of the omicron Covid-19 variant. The economy is also seen as struggling in the second quarter, with the Atlanta […]
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DeChambeau, Reed to join Saudi-funded golf league in U.S.
Bryson DeChambeau of the United States plays his shot from the 18th tee during a practice round prior to the Masters at Augusta National Golf Club on April 06, 2022 in Augusta, Georgia. David Cannon | Getty Images Major champions Bryson DeChambeau and Patrick Reed plan to sign up with the Saudi-funded LIV Golf Invitational […]
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Armed man who sought to kill Brett Kavanaugh arrested near Supreme Court justice’s home
Associate Justice Brett Kavanaugh poses during a group photo of the Justices at the Supreme Court in Washington, April 23, 2021. Erin Schaff | Pool | Reuters A man armed with a handgun, knife, and pepper spray was arrested early Wednesday morning near the Maryland home of Supreme Court Justice Brett Kavanaugh, law-enforcement authorities said. […]
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Harvey Weinstein to be charged in UK over assault claims
Former film producer Harvey Weinstein listens in court during a pre-trial hearing for Weinstein, who was extradited from New York to Los Angeles to face sex-related charges in Los Angeles, California, on July 29, 2021. Etienne Laurent | AFP | Getty Images British prosecutors said Wednesday they have authorized police to charge ex-film producer Harvey Weinstein with […]
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Mortgage demand falls to the lowest level in 22 years, amid rising rates and slowing home sales
Real estate agents Rosa Arrigo, center, and Elisa Rosen, right, work an open house in West Hempstead, New York. Newsday LLC | Newsday | Getty Images Mortgage rates are back on the upswing, after a brief decline in May, and the housing market is still suffering from a lack of listings. As a result, mortgage […]
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Car drives into a crowd in Berlin, at least one dead and a dozen injured
A vehicle drove into a crowd of people in western Berlin, injuring at least 30 people on Wednesday June 8. Odd Andersen | Afp | Getty Images A car drove into a crowd of people in western Berlin on Wednesday, killing one person and smashing through a shop window, police said, in a district of […]
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