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Pound’s Gain To Three-Year High Cut Short Amid Variant Concerns
The pound retreated after hitting its strongest level in three years as concern over a new coronavirus strain…
Precious-Gold Prices Near 5-Month Peak On Weaker Dollar, Inflation Worries
Gold prices scaled a near five-month high on Tuesday, driven by a weaker dollar and growing inflationary pressures,…
Economy Can Handle The Sharp Rise In Inflation, Market Bull Ed Yardeni Predicts
The post-lockdown spending frenzy may contribute to a sharp rise in inflation, but Ed Yardeni believes the economy…
Bank of America names its ‘best’ stocks to play the U.S. and global recovery
Analysts from Bank of America have picked stocks set to get a boost as economies in the U.S. and Europe recover…
Chinese yuan will become a top reserve currency sooner than expected, says Ray…
The Chinese yuan will become a global reserve currency sooner than most people expect, said billionaire…
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…
Black Wall Street was shattered 100 years ago. How the Tulsa race massacre was…
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…
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.…
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…
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.,…
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 new…
Deutsche Bank believes the copper rally will steam ahead. These stocks will…
Deutsche Bank is bullish on copper based on increasing supply risks, resurgent demand from China and other…
These stocks may win as consumers get back to normal this Memorial Day weekend,…
Consumer retail, apparel and food and beverage companies are well positioned ahead of the holiday weekend,…
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…
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…
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…
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…
New bill would ‘open up Big Tech’s hood,’ make companies explain how they decide…
A new federal bill seeks to demystify how social media platforms determine which posts users see, without…
Box CEO Says He’d Consider A Sale Of The Company Amid Feud With Activist Investor…
Box CEO Aaron Levie sat down with CNBC’s Josh Lipton this week to talk about the company’s feud with activist…
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…
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…
Canadian Dollar Gains As Investors Cheer Higher Commodity Prices
The Canadian dollar strengthened against its U.S. counterpart on Thursday, moving closer to a recent 6-year high,…
EMERGING MARKETS-Turkey’s Currency Hit All-Time Low; EM Stocks At 1-Month…
Emerging market currencies touched new highs on Friday but a rising dollar ahead of U.S. inflation data tempered…
Turkish Lira Falls To Record As Rising U.S. Yields Add To Woes
The Turkish currency sank to a record low, weighed down by rising U.S. yields and concern that monetary policy…
China’s Warnings Come In Thick And Fast To Curb Inflation, Yuan
China has dialed up its rhetoric about surging commodity prices and a strong currency with almost daily commentary…
Cathie Wood Sees Deflation Returning, Boosting Innovation Stocks And Bitcoin
Cathie Wood is going against the grain yet again — this time on inflation.
The founder and CEO of Ark…
Bank Of America Hikes Price Target For Nvidia To $750 After Earnings Beat
The latest earnings report from Nvidia should help the semiconductor giant’s stock continue its hot streak,…