Associated Press Mixed results as South Dakota's Noem intervenes in GOP races Ahead of a potential presidential bid, South Dakota Gov. Kristi Noem handily won the Republican nomination last week for a second term. It's a lesson that Donald Trump, Noem's ally, is learning as he
In this article ORCL Safra Catz, then co-chief executive officer of Oracle Corp., speaks during the Oracle OpenWorld conference in San Francisco on Sept. 20, 2016. David Paul Morris | Bloomberg | Getty Images Oracle shares rose almost 9% in extended trading on Monday after the database software company
Traders on the floor of the NYSE, June 13, 2022. Source: NYSE It's official, according to the folks who decide which markets are bulls and which are bears, not to mention which stocks go into the Dow Jones Industrial Average and the S&P 500. U.S. stocks on Monday
The Big Picture in 5 Your 5-Minute Weekly Update on the World’s Biggest Trends and Opportunities Countdown to a $3.96 Billion Margin Call MicroStrategy’s Michael Saylor was one of the biggest advocates of bitcoin as it rose and rose throughout 2020 and 2021. His software company started
It’s Times Like These… Great Ones, I was all ready to come into today like a new day rising … a brand-new sky to hang the stars upon tonight. I figured that after last week’s barrage of bad news and Wall Street’s accompanying sell-off, the markets would
Short-term rates jumped on Monday as the 2-year and 10-year Treasury yield curve briefly inverted for the first time since early April. The measure, which is closely monitored by traders, is seen by many as an indicator of a recession. The gap between the 2-year and
Jake Sullivan, White House national security adviser, speaks during an interview at an Economic Club of Washington event in Washington, D.C., U.S., on Thursday, April 14, 2022. Al Drago | Bloomberg | Getty Images WASHINGTON -- National security adviser Jake Sullivan met with China's top diplomat, Yang
The logo of cryptocurrency platform BlockFi. Budrul Chukrut | SOPA Images | LightRocket via Getty Images Crypto lender BlockFi is cutting around 20% of its staff as the company reckons with a dramatic downturn in digital currencies and heightened concerns about a weakening economy. CEO Zac Prince said
Top Wall Street strategist Marko Kolanovic is sticking by his guns amid the sharp market sell-off, seeing the S & P 500 to rebound and finish 2022 flat. "We believe rates market repricing went too far and the Fed will surprise dovishly relative to what
Stocks sold off Monday, pushing the S&P 500 to a fresh 2022 low and back into bear market territory, as recession fears grew ahead of a key Federal Reserve meeting this week. The Dow Jones Industrial Average dropped 720 points, or about 2.3%, the S&P 500
