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Wall Street
Inflation, Fed blackout, CEO doom and gloom: What to know this week
Inflation will take top billing in the week ahead for the first full trading week of June.Investors will get the latest gauge on how quickly prices are rising across the U.S. when the Bureau of Labor Statistics releases its latest…
Sanders says forget marijuana, go after Wall Street
Sen. Bernie Sanders suggested Friday that instead of bringing the weight of the criminal justice system down on marijuana users, the United States should use its resources to crack down on corporate crime as…
Hundreds of Black-owned businesses showcase their products at expo
Black Wall Street Black Business Expo kicks off this weekend The Financial Literacy Institute kicked off the second annual Black Wall Street Expo Saturday. ATLANTA — One organization is highlighting Black-owned businesses and African…
De-Leveraging The Eurodollar System In Favor Of Bitcoin
Kane McGukin has 13 years of wealth management experience spanning brokerage and institutional equity sales. He is an independent registered investment advisor. As the calendar neared September 2021, the money printer had slowed and…
Fear of a June Swoon Rattles Investors. Is a Rebound Lurking?
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The latest jobs numbers, released Friday, show a…
Stock market news live updates: Stocks drop after strong jobs data renews rate worries
U.S. stocks slid Friday to close the week lower as investors weighed May jobs data that likely gave Fed policymakers a signal labor market conditions can weather a more aggressive rate hiking cycle.Friday's sell-off was led by tech…
Companies that exited Russia after its invasion of Ukraine are being rewarded with
The almost 1,000 companies that have opted to pull out of Russia following its unprovoked invasion of Ukraine are not just benefiting from a reputational boost. They are also being rewarded by financial markets, while those who remain…
Some hedge funds face steep losses after betting on hot sectors
BOSTON, June 2 (Reuters) - Hedge fund investors are bracing for a river of red ink as firms begin reporting returns for May when the stock market hovered near bear territory on disappointing earnings and worries about aggressive rate…
S&P 500, Nasdaq Finish Higher in Volatile Session
Stocks rose Thursday, with all three major U.S. indexes in the green, putting the S&P 500 on track to finish the week in positive territory. The benchmark S&P 500 gained around 1.8% in 4 p.m. trading, while the tech-focused…
Goldman Sachs names its top battery stock to play rising demand for electric vehicles
With battery prices on the rise but demand for electric vehicles showing no signs of slowing, analysts at Goldman Sachs have named their top stock to play this trend. Goldman Sachs has raised its global average battery pack price…