A herd of new, institutional investors are scooping up bitcoin this year as the price more than doubles.
Kategorie-Archiv: CNBC Financial News
Pain, despair and poverty reach fever pitch for unemployed workers
It’s been nine months since the coronavirus pandemic led to mass joblessness. Three American workers are a microcosm of the plight that has resulted.
Elliott tries to turn around a decade-long laggard with new real estate investment
Elliott has nominated six directors to the Public Storage board to oversee a more aggressive growth strategy.
Tesla jumps 6% in heavy volume ahead of S&P 500 entry, stock then falls a bit in after hours
Tesla had a wild trading day on Friday, with more than four times the usual volume.
Fed allows banks to resume share buybacks, JPMorgan stock jumps 5%
The Fed announced that it will allow the nation’s largest banks to resume share buybacks — with certain rules.
Big investors new to cryptocurrencies appear to be behind bitcoin’s rally to a record
A herd of new, institutional investors are scooping up bitcoin this year as the price more than doubles.
Nike shares rise as pandemic fuels sneaker maker’s online growth, annual revenue outlook gets a boost
Nike’s earnings and sales topped estimates, driven by triple-digit growth online in North America and strong demand from Chinese consumers.
Traders brace for wild action and historic volume ahead of Tesla’s entry into the S&P 500
Electric vehicle maker Tesla is poised to enter the S&P 500 in what will be the largest rebalancing in the history of that index.
Fed raises its economic outlook slightly, sees 4.2% growth next year and 5% unemployment rate
The central bank now expects real gross domestic product to fall just 2.4% in 2020, compared to the decline of 3.7% predicted in September.
SEC charges Robinhood with misleading customers about how it makes money
Robinhood agreed to pay a $65 million civil penalty, without admitting or denying SEC’s findings.