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Wall Street set for bounceback but recession risk keeps investors cautious
LONDON, June 21 (Reuters) - Wall Street was set to open higher on Tuesday and European shares were set for a second day of gains, recovering slightly from last week's 17-month lows, but major central banks' rate hike plans and global…
Stock Market Swoon Pulls Rug Out from under Luxury Home Sales
The June sell-off did a job on them.
By Wolf Richter for WOLF STREET.
Manhattan luxury real estate vs. stock market downward spiral in June: In the week through June 19, only 12 sales contracts were signed for condos, co-ops, and…
American Airlines ending service to three cities due to pilot shortage
American Airlines will eliminate service for three cities following the Labor Day holiday weekend as a result of staffing shortages, marking the latest hiccup for the airline industry amid thousands of cancellations and cuts in…
Crypto industry fears contagion as bitcoin slips under $20,000
Representations of the Ripple, Bitcoin, Etherum and Litecoin virtual currencies are seen on a PC motherboard in this illustration picture, February 14, 2018. REUTERS/Dado Ruvic/File PhotoRegister now for FREE unlimited access to…
Mad Money’s Jim Cramer Expects Bitcoin to Fall to $12,000 – Bitcoin News
The host of Mad Money, Jim Cramer, has predicted that bitcoin’s price will fall to $12,000. Nonetheless, he has recommended bitcoin and ether for people wanting to invest in crypto.
Jim Cramer’s Bitcoin Price Prediction
Jim…
Why New Jersey and Oregon still don’t let you pump your own gas
But not people in New Jersey and Oregon. They're not allowed to touch the gas nozzle. Seriously.In New Jersey, it's been illegal for drivers to pump their own gas since 1949. A ban on self-service gas has been in place in Oregon since…
Bitcoin’s Price Falls Below $20,000
The price of bitcoin lurched below $20,000, and below a level widely monitored by cryptocurrency enthusiasts, as a brutal selloff in crypto showed no signs of abating.
Bitcoin fell as low as $18,739.50…
As gas prices soar, thieves steal thousands of dollars’ worth of gasoline to sell,
Now, thieves are pumping thousands of dollars' worth of fuel from gas stations and selling it on the black market, according to authorities.Two men were arrested in connection with the theft of thousands of dollars' worth of gasoline…
60% of CEOs expect recession by 2023: Conference Board
Fears of an economic downturn are growing among CEOs, with some convinced the economy has already rolled over.The majority of chief executive officers and other C-suite leaders across the globe believe their geographic region will enter…
Over one-third of all flights at LaGuardia Airport canceled Thursday
More than one-third of all flights at LaGuardia Airport and over a quarter of flights at Newark Airport were cancelled Thursday in one of the worst travel days yet this summer.
The huge percentage of flight…