Construction workers pouring wet concrete on a road. With 20% of the planned infrastructure bill, or $110 billion, dedicated for the construction of roads and bridges, small constructions firms are hoping for a long-term boom in business. Jung Getty As small businesses recover from labor constraints and business losses due to Covid-19, a bipartisan infrastructure
With several states contemplating legalization of recreational marijuana, and federal lawmakers starting the process of federal descheduling, it is a good time to examine the tax implications of legalization. Taxes play a crucial role in the success of marijuana reform, as competitive prices in a licensed market are key to convert illicit consumption to the
In this article GOOGL Google is asking the city for feedback on its early plans to transform a Silicon Valley office site with “sustainability” features. City of San Jose filings Google is planning yet another Silicon Valley campus, which will sit adjacent to a new center partly devoted to hardware, according to preliminary plans obtained
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These ETFs provide diversified exposure to this hot area.
In this article ZG DIDI DKNG WEED-CA NVAX GCI Check out the companies making headlines before the bell: Canopy Growth (CGC) – The Canadian cannabis producer’s shares rose 1.9% premarket after it posted an unexpected quarterly profit on rising marijuana demand and cost cuts. The gain comes even as revenue falls short of Wall Street
In this article NCLH The Norwegian Dawn cruise ship arriving in the French Mediterranean port of Marseille, July 27, 2021. Gerard Bottino | SOPA Images | LightRocket | Getty Images Norwegian Cruise Line reported mixed second-quarter results on Friday ahead of its first cruises in the U.S. since last year. Shares of the company fell
A currency dealer monitors exchange rates in a trading room at KEB Hana Bank in Seoul on June 21, 2021. JUNG YEON-JE | AFP via Getty Images Shares of Kakao Bank shot up more than 70% during its market debut in South Korea on Friday. Kakao Bank is South Korea’s first digital bank to go
In this article WFC Wells Fargo signage on May 5th, 2021 in New York City. Bill Tompkins | Michael Ochs Archives | Getty Images Wells Fargo has pushed back plans for employees to return to corporate offices by a month in response to the rise in U.S. coronavirus cases. The bank is now aiming to
Hunter Hastings / 500px | 500px | Getty Images Although everyone wants to leave the pandemic behind, the loss of the financial relief many families received because of the crisis will be less easy to part with. Stimulus checks, more generous jobless benefits, expanded money to feed children and other aid and protections kept the
WallStreetBets and its 3.1 million followers are fighting back against short-selling hedge funds and winning.
It’s not just high short-interest fueling the massive rallies, it’s also about option market dynamics.
In this article SAVE People wait in line at a Spirit Airlines counter, at the George Bush Intercontinental Airport, on Aug. 5, 2021 in Houston, Texas. Brandon Bell | Getty Images The causes of Spirit Airlines‘ massive flight cancellations that derailed the summer vacations of tens of thousands of customers this week have been brewing
The highest-valued cloud stocks have been on a tear of late and just got a further boost from data analytics and monitoring company Datadog, whose results blew past analysts’ estimates. Datadog shares jumped 15% on Thursday to close at a record $132.47. Heading into the day, Datadog traded for about 32 times revenue over the
Jamie Dimon, chairman and chief executive officer of JPMorgan Chase & Co., listens during a Business Roundtable CEO Innovation Summit discussion in Washington, D.C., Dec. 6, 2018. Andrew Harrer | Bloomberg | Getty Images With little fanfare, JPMorgan Chase has started giving its wealth management clients access to six crypto funds in the past month.
Virgin Galactic’s passenger rocket plane VSS Unity, carrying Richard Branson and crew, begins its ascent to the edge of space above Spaceport America near Truth or Consequences, New Mexico, U.S. July 11, 2021 in a still image from video. Virgin Galactic | via Reuters Virgin Galactic delivered second-quarter results after the market closed on Thursday
It might be time, again, to protect your credit. An estimated 1 million U.S. and global credit cards were released by a Russian criminal organization on the so-called dark web, according to analysts at cybersecurity firm Q6. The group, which calls itself “All World Cards,” offers stolen credit card information to other criminals. Although there’s
WallStreetBets brought some major short-sellers to their knees, but they began an initiative much larger than themselves
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A man gets vaccinated against COVID-19 at a vaccination festival in New Orleans, New Orleans, Louisiana, the United States, on May 29, 2021. Lan Wei | Xinhua News Agency | Getty Images More and more people who were once vaccine hesitant in several Southern states are now getting their first shots as the delta Covid