U.S. stock index futures were little changed during overnight trading on Tuesday, after the S&P 500 closed just shy of a new record. Futures contracts tied to the Dow Jones Industrial Average advanced 28 points. S&P 500 futures were flat, while Nasdaq 100 futures gained 0.07%. All three major averages finished Tuesday’s session in the
Longtime crypto bull Meltem Demirors reiterated her confidence in the cryptocurrency Tuesday, telling CNBC she believes the correction in bitcoin is simply weeding out the investors with “paper hands.” Paper hands is a term used in the crypto community to characterize people who sell a digital asset such as bitcoin when turbulence strikes markets. It’s
Crypto investor Mike Novogratz told CNBC on Tuesday that bitcoin faces near-term uncertainty after falling below $30,000, but he maintained a long-term positive outlook. Bitcoin has struggled in the past two months, after notching an all-time high in April near $65,000. The weakness in recent days comes as reports indicated China took further steps to
In this article IVZ Thiago Prudencio | LightRocket | Getty Images As the Securities and Exchange Commission defers signing off on bitcoin exchange-traded funds, some companies are exploring other ways to meet investors’ growing demand for cryptocurrency. The SEC on Wednesday pushed another decision to approve Van Eck’s bitcoin ETF, extending the review and asking
The North Park Theatre in Buffalo, New York, is a local landmark. Featuring a single screen, 600 seats and ornate domed ceilings, it is an increasingly rare gem in a sea of multiplex cinemas. “This is the kind of place you want to see a movie — you’re going to forget about the outside world
Taking 30 years to pay back a loan can feel like a lifetime. Andy and Nicole Hill were worried that being tied to a mortgage payment would stop them from taking career risks, so the couple came to an agreement: They would pay the house off in under five years. The Hills made their first
Ben Rains takes a look at Nike (NKE) and FedEx (FDX) ahead of their upcoming fourth quarter fiscal 2021 earnings releases on Thursday, June 24 to see if ether stock might be worth buying. Both the apparel giant and the shipping power boast strong growth outlooks and are trading below their highs. (0:35) – Stock
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U.S. President Joe Biden speaks during an event in the South Court Auditorium of the White House June 2, 2021 in Washington, DC. Alex Wong | Getty Images The Biden administration plans to confirm Tuesday that it won’t likely hit President Joe Biden’s goal of getting 70% of American adults to receive one vaccine shot
A GameStop store is pictured in New York, January 29, 2021. Carlo AllegriI | Reuters GameStop shares climbed after the videogame retailer said it sold five million additional shares, raising $1.13 billion in capital to accelerate growth. The original Reddit favorite meme stock jumped 9% in premarket trading on Tuesday after the company announced the
Southeast Asia’s start-up scene is heating up. This year alone, two of the region’s biggest names — on-demand platforms Grab and GoTo — announced their plans to go public in what investors see as a major milestone that could spawn further entrepreneurship. And now is the perfect time for new entrepreneurs to get started, according
A view of the ExxonMobil Baton Rouge Refinery in Baton Rouge, Louisiana, May 15, 2021. Kathleen Flynn | Reuters Engine No. 1, the upstart activist firm that put three candidates on Exxon’s board of directors, is launching an exchange-traded fund in a bet that shareholder activism will take center stage in coming years. The Engine
LAS VEGAS, NEVADA – NOVEMBER 15: Carl Nassib of the Las Vegas Raiders flexes while smiling during warmups before a game against the Denver Broncos at Allegiant Stadium. Ethan Miller | Getty Images Sport | Getty Images Carl Nassib, who came out as the first openly gay National Football League player on Monday, has strict
Sales of existing homes dropped for the fourth straight month due to a very low supply of homes on the market. Existing home sales fell 0.9% in May from the previous month to a seasonally adjusted annualized rate of 5.8 million units, according to the National Association of Realtors. That is the fourth straight month
Should AMC be worth over 4X what Amazon just paid for MGM Studios? zacks.com zacks.com/ultimate
A woman reacts as she receives the Johnson & Johnson vaccine against the coronavirus disease (COVID-19), as part of a government plan to inoculate Mexican border residents on its shared frontier with the United States, in Tijuana, Mexico June 17, 2021. Jorge Duenes | Reuters Coronavirus vaccine booster shots will likely be needed in the
In this article JPM LB Pedestrians walk past a Bath & Body Works store. Craig Warga | Bloomberg | Getty Images Lingerie retailer Victoria’s Secret is taking out a $500 million loan to finance its split from Bath & Body Works, Bloomberg News reported Monday. The loan is due 2028 and could pay interest that’s
It’s one thing to require unvaccinated travelers to quarantine or undergo extra Covid tests. It’s another to bar them altogether. A small but growing list of travel destinations is either closing its doors to unvaccinated travelers or reopening only to vaccinated ones. Either way, the unvaccinated are seeing their travel options start to dwindle as
Amazon Prime Day is underway. But not every deal is too good to be true. The two-day shopping event, which started early Monday and runs through 3 a.m. ET Wednesday, is offering more 2 million deals — and some are better than others. “That is an incredible number,” said Dave Kender, the editor in chief
Recent discussions of a global minimum tax may lead many to believe that there is just one proposal being discussed for the world. That is not the case. While President Biden has led a renewed effort on global negotiations over minimum taxation, his own proposals for U.S. companies differ significantly from proposals that had previously