Traders work on the floor of the New York Stock Exchange. NYSE I have several friends in the restaurant business. For the past few weeks, I’ve heard the same story every weekend: business is fabulous, and we can’t get enough help. This week, several of those restaurant people asked me what was going on with these Covid
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A button for launching the Netflix application is seen on a remote control in this photo illustration in Warsaw, Poland on April 25, 2019. Jaap Arriens | NurPhoto | Getty Images Check out the companies making headlines after the bell: Netflix — Shares of the streaming platform slid 2% in after hours trading after reporting
Backpacks and loose-leaf binders are sliding into the seasonal aisles of your favorite retail chains as back-to-school season approaches again. Millions of parents across the country look forward enthusiastically to their kids being in the classroom after the strangest year in most of their lifetimes. If you’re one of them, there are adjustments you can
Residential single family homes construction by KB Home are shown under construction in the community of Valley Center, California, U.S. June 3, 2021. Mike Blake | Reuters There are several signs in the market for newly built homes that point to a potential slowdown for the nation’s homebuilders. Data released Tuesday added to the evidence
The National League of Cities is calling on lawmakers to take swift action on infrastructure funding, even as the path forward remains extremely muddled ahead of a vote planned Wednesday. The brief NLC letter, dated July 19 and addressed to House and Senate leadership of both parties, references a previous more comprehensive policy document from
US health officials said the more contagious Delta variant now accounts for more than 80 per cent of new coronavirus cases in the country, a dramatic increase that has underscored how quickly the more contagious strain is spreading. “[The] CDC has released estimates of variants across the country and predicted the Delta variant now represents
Municipals underperformed a flight-to-safety rally in U.S. Treasuries as COVID-19 and its variants surge around the globe, pushing edgy investors to flee the stock market, as some contemplate the idea the economic recovery has peaked, and will potentially regress from the virus’ effects. Municipal triple-A benchmarks were pushed to lower yields by one to three
Binance, the leading P2P exchange in Venezuela, is now present in several popular dollar indexes in the country. The price of USDT on Binance’s P2P platform is now used to calculate the average price of the dollar with other P2P and electronic markets. The Venezuelan currency, the Bolivar, took a plunge last week losing 10%
The rocky road that Bitcoin (BTC) has been on for the past two months continued on July 19 as a widely predicted move downwards materialized in the early hours on Monday and dropped the price of BTC below $31,000. Data from Cointelegraph Markets Pro and TradingView shows that a wave of mid-day selling pushed the price
In this article SPCE AMZN An uncrewed New Shepard rocket launches on the company’s NS-14 test flight in January 2021. Blue Origin VAN HORN, Texas — Near a small town in the West Texas desert, a quartet led by the world’s richest person is preparing to launch on a historic flight to the edge of
In this article WFC GSBD Employees work in the cargo hold of a Boeing 737 MAX 9 test plane outside the company’s factory, on March 14, 2019 in Renton, Washington. Stephen Brashear | Getty Images News | Getty Images Check out the companies making headlines in midday trading. Delta, United, American Airlines — Airline stocks
Despite our best wishes, 2021 has been pretty wild so far. Of course this has had ripple effects into every industry, but real estate has been fascinating. People have new opportunities to negotiate lower rents and the prices of living in cities have dropped while the price of living in small towns has been on
A contractor works on the roof of a house under construction in the Stillpointe subdivision in Sumter, South Carolina, on Tuesday, July 6, 2021. Micah Green | Bloomberg | Getty Images The price of lumber on the future’s market has given up all of its gains for this year, falling by more than 50% in
The government of France has proposed that the European Securities and Market Authority, or ESMA, should regulate digital currency activity across the European Union. If enacted, this would establish a single authority over the crypto sector across the trading bloc and would create uniform regulations across the union through ESMA, as suggested by the French
President Joe Biden said he believes the surge in U.S. inflation is temporary and that he has told Federal Reserve Chairman Jerome Powell that he respects the central bank’s independence. Biden said Monday at the White House that recent price increases are “temporary,” countering Republican arguments that the president’s economic spending plans would cause inflation
European equities were heading for their worst session of the year as the growing threat of the Delta coronavirus variant triggered falls in global share markets and commodities, while investors sought havens in government bonds and gold. Europe’s region-wide Stoxx Europe 600 lost 2.7 per cent, the biggest drop since October, while London’s FTSE 100
Richard “Dick” L. Weill, 78, a pioneer in the financial guaranty insurance industry and former vice chairman of MBIA Insurance Corporation, died on July 4. With over 40 years of experience in the municipal bond industry, Weill was a former partner and municipal bond attorney at Kutak Rock before joining MBIA in 1989 as general
Bitcoin (BTC) bulls have successfully defended the $30,000 level in the past few days but the failure to achieve a strong rebound has some traders worried that the price will eventually dip to new lows. In a series of tweets, Ecoinometrics said that the current correction “looks very similar to 2013” when Bitcoin took 197
Co-founder and director of Netflix Reed Hastings delivers a speech as he inaugurates the new offices of Netflix France, in Paris on January 17, 2020. Christophe Archambault | AFP | Getty Images As second-quarter earnings season kicks into gear, Wall Street analysts are highlighting the stocks that are poised to deliver impressive quarterly performances. The
In this article DIDI 22UA-DE MRNA Check out the companies making headlines before the bell: Moderna (MRNA) – The drug maker’s shares surged 7.3% in the premarket on news that the stock would be included in the S&P 500 as of July 21st. It will replace Alexion Pharmaceuticals, which is being acquired by AstraZeneca (AZN).