business news
Jim Chanos reveals new short position in crypto exchange Coinbase
His comments came on CNBC’s “Closing Bell: Overtime” to Scott Wapner on Friday after the close. Source
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Goldman gives 5 possible reasons behind the market’s mysterious comeback this week
Goldman suggested five reasons the market performed so well this week despite the biggest issues in the market still being unresolved. Source
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Investors come off a strong week looking for more gains now that they have some clarity from the Fed
Traders work on the floor of the New York Stock Exchange (NYSE) on February 04, 2022 in New York City. Spencer Platt | Getty Images With the Federal Reserve’s first rate hike out of the way, market pros are now debating whether the market can continue the upswing it started in the past week. A […]
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U.S. officials continue to press Russia for access to WNBA star Brittney Griner
Brittney Griner #42 of the Phoenix Mercury is seen during the game against the Indiana Fever at Indiana Farmers Coliseum on September 6, 2021 in Indianapolis, Indiana. Michael Hickey | Getty Images WASHINGTON — The State Department is still working to get access to WNBA star Brittney Griner after Russian officials arrested her on accusations […]
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Russia backs down on demands in Iran nuclear deal talks, making revival of 2015 pact imminent
A picture taken on November 10, 2019, shows an Iranian flag in Iran’s Bushehr nuclear power plant, during an official ceremony to kick-start works on a second reactor at the facility. ATTA KENARE | AFP via Getty Images Russia has walked back its threat to torpedo the revival of the 2015 Iranian nuclear deal over […]
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Investing Club: We’re trimming one of our big winners with the S&P 500 on a four-day win streak
We see now as a pretty good level in the overall market to start raising some cash. Source
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These stocks win when the Fed starts hiking rates and Wall Street thinks they could triumph again
With the Fed’s latest rate-hike cycle on the horizon, these stocks could perform well based on recent history, and Wall Street agrees. Source
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The IRS has delivered more than 45 million tax refunds. This is the average payment
Bill Oxford | E+ | Getty Images The IRS has issued more than 45 million tax refunds worth almost $152 billion in total, as of March 11, the agency reported Friday. Nearly half of Americans expect refunds this season, according to a Capital One report, providing a needed financial boost for a large percentage of […]
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Toyota, major chip supplier suspend production due to earthquake in Japan
A car dealership’s window is broken following a strong earthquake in Koriyama, Fukushima prefecture, Japan in this photo taken by Kyodo on March 17, 2022. Kyodo| via Reuters DETROIT – A major earthquake this week in Japan is causing additional problems for the already constrained global automotive supply chain, which continues to manage through problems […]
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Here’s how Covid-19 transitions from a pandemic to endemic
It’s been two years since Covid-19 crept across the globe, battered the U.S. economy and wreaked havoc on health-care systems unprepared to defend themselves against the novel pathogen. Now, as the latest wave of infections driven by the fast-spreading omicron variant rapidly subsides, many are beginning to question: Is Covid-19 becoming endemic? “There’s a high […]
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