Coming Supreme Court decision in major LGBT rights case seen as bellwether of conservative court
The Supreme Court is expected to release a decision in the coming days that could provide the first glimpses of…
Month: May 2021
These are Wall Street’s top analysts favorite stocks heading into June
With May coming to a close, Wall Street analysts are fine tuning their recommendations as COVID-19 vaccinations pave the way…
Black Wall Street was shattered 100 years ago. How the Tulsa race massacre was covered up and unearthed
A century ago this week, the wealthiest U.S. Black community was burned to the ground. At the turn of the…
U.S futures start month slightly lower after major indexes saw gains in May
Stock futures are slightly lower in overnight trading after major indexes saw gains in May. Futures on the Dow Jones…
Millions of Americans could face eviction as housing protection expires in June
More than 11 million Americans are behind on their rent and many could be pushed from their homes when the…
Cryptocurrency poses a significant risk of tax evasion
The Biden administration wants to get tougher on tax cheats — and cryptocurrency is an area of interest. Virtual currencies…
Nigeria Records N5tr Non-Oil Exports
More than N5 trillion non-oil export cargoes were ferried out of the country in the fourth quarter of last year.…
Gas Shortage Knocks Out Several Power Plants
Low pressure on the Escravos-Lagos Pipeline System, ELPS, has left several power plants without gas supply leaving about 3,000 megawatts…
China’s Yuan Pulls Back After Officials Warn Against Speculation
The yuan hit a three-year high against the dollar on Monday before falling back following a chorus of warnings from…
Gold Heads For Biggest Monthly Gain Since July On Inflation Bets
Bullion has erased its 2021 losses, and is one of the best-performing metals in May, amid signs of rising inflation…
FX Spot, Forwards, Futures Markets Record $1.252bn Turnover
The foreign exchange (FX) Spot, Forwards and Futures markets on the FMDQ Securities Exchange recorded a total turnover of $1,250.97…
Forex Speculators Responsible For Naira Crisis, Says ABCON
Speculators are responsible for the sale of dollars above the exchange rate approved by the Central Bank of Nigeria (CBN)…
HSBC Is Closing — What Will Happen To Your Checking And Savings Accounts?
British bank HSBC Holdings PLC announced Wednesday that it will sell most of its retail locations across the U.S., reducing…
Dangote Cement Increases Capacity, Promises More Supply
The Dangote Cement Plc has announced that it has deeply invested in enlightening consumers on the different applications and the…
Naira In Best Health Against Dollar, Says Garba Shehu
Senior Special Assistant to the President on Media and Publicity, Garba Shehu, says the naira in its best possible health…
With meme stocks on the move again, these are the next Reddit stocks to watch
Meme stocks are grabbing the spotlight once again, and Bank of America said to watch out for a handful of…
Deutsche Bank believes the copper rally will steam ahead. These stocks will benefit most
Deutsche Bank is bullish on copper based on increasing supply risks, resurgent demand from China and other macro factors it said would…
These stocks may win as consumers get back to normal this Memorial Day weekend, Bank of America says
Consumer retail, apparel and food and beverage companies are well positioned ahead of the holiday weekend, according to Bank of…
WHO says Covid origin investigation is being ‘poisoned by politics’
A top World Health Organization official said Friday that investigations into the origins of Covid-19 are being “poisoned by politics.” U.S. President Joe…
Biden budget would give CDC its biggest funding boost in nearly 20 years
President Joe Biden’s first budget proposal would give the largest funding boost in nearly two decades to the agency most closely…
Tesla starts using cabin cameras to make sure drivers are paying attention
Tesla has started using cabin cameras in some Model 3 and Model Y vehicles to make sure drivers are paying attention…
Massive bitcoin mine discovered in UK after police raid suspected cannabis farm
LONDON — An illegal bitcoin mine has been found by police in the U.K. who were looking for a cannabis…
AMC short sellers dealt massive $1.2 billion blow after weeklong stock rally
Investors shorting the meme stock AMC Entertainment are estimated to have lost $1.23 billion over the last week as the shares rallied…
Costco is seeing inflation abound, impacting a slew of consumer products
Don’t tell Costco executives that inflation is low. The big-box club chain said it’s been seeing accelerating prices across a…
New bill would ‘open up Big Tech’s hood,’ make companies explain how they decide which content to show
A new federal bill seeks to demystify how social media platforms determine which posts users see, without touching a law…
Facebook, Twitter And A Future Of Social That’s Increasingly Audio
When pandemic lockdowns swept the country in Spring 2020, there were concerns that the booming podcast business might take a…
Box CEO Says He’d Consider A Sale Of The Company Amid Feud With Activist Investor Starboard
Box CEO Aaron Levie sat down with CNBC’s Josh Lipton this week to talk about the company’s feud with activist investor…
Goldman, Roubini and Novogratz explain where they stand on bitcoin and ether
The world appears to be firmly divided into two camps: those who are bullish on cryptocurrencies and those who aren’t. The…
Apple gets rare sell rating as New Street downgrades and predicts nearly 30% stock decline
Apple could see a significant decline in sales of its flagship iPhone, and investors should get out before the stock tumbles,…
Credit Suisse Scandals Prompt Switzerland To Think Unthinkable: Punish Bankers
Exasperation with Credit Suisse following a string of scandals is prompting Switzerland to rethink a system in which top bankers…