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How the rich got richer: Reddit trading frenzy benefited Wall Street elite Giant mutual funds that own the largest stakes in GameStop saw the biggest gains in value. Hedge funds — some that have started using algorithms to track retail investors on social media sites — appear to have bought and sold millions of shares during the ...
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Dollar steady after Friday's US jobs-related losses; bitcoin soars NEW YORK (Reuters) - The dollar was flat to slightly lower on Monday in choppy trading, after falling sharply on disappointing U.S. jobs data last week, even as investors also focused on rallying cryptocurrencies led by bitcoin after Tesla announced a $1.5 ...
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Dollar steadies after US jobs-related losses NEW YORK (Reuters) - The dollar was flat to slightly higher on Monday in choppy trading after falling sharply on disappointing U.S. jobs data last week, as investors continued to see a faster U.S. recovery than in most countries and were also focused on ...
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'We Are Forgotten': Grocery Workers Hope for Higher Pay and Vaccinations She has been helping to oversee about 40 anxious employees during a deadly pandemic, vigilantly disinfecting counters at the store and worrying about passing the coronavirus to her elderly mother while dropping off produce. News of the ...
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Explainer: What rising bond yields mean for markets NEW YORK (Reuters) - Yields on U.S. Treasuries are rising again, as expectations of an economic rebound pushed the 30-year yield above 2% on Monday for the first time since the pandemic began and the benchmark 10-year yield climbed to its highest ...
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Musk's Tesla electrifies bitcoin with $1.5 billion bet, car payments pledge (Reuters) - Bitcoin took another large stride toward mainstream acceptance on Monday after billionaire Elon Musk's electric vehicle company Tesla Inc revealed it had purchased $1.5 billion of the cryptocurrency and would soon accept it as a form of payment.
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Tesla Summoned by Chinese Regulators on Quality Issues The State Administration for Market Regulation, China's top market regulator, said Monday that it and four other regulators had instructed Tesla to abide by Chinese laws and regulations and strengthen internal management to ensure the quality and safety of its ...
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A Tesla for a bitcoin: Musk drives price to moon with $1.5 billion purchase (Reuters) - Bitcoin took another large stride toward mainstream acceptance on Monday after billionaire Elon Musk's electric vehicle company Tesla Inc revealed it had bought $1.5 billion of the cryptocurrency and would soon accept it as a form of payment for ...
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Brent hits $60 as supply cuts and stimulus hopes boost prices LONDON (Reuters) - Oil prices rose on Monday to their highest in just over a year, with Brent nudging past $60 a barrel, boosted by supply cuts among key producers and hopes for further U.S. economic stimulus measures that can boost demand.
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Great Reflation Trade Brings New Threats to Record Stock Rally Pressure on bonds has Jefferies and UBS mulling market impact · S&P 500 earnings yield remains well above benchmark Treasuries ...
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