Text size After years of yielding near zero, cash is suddenly a better investment. Eva Hambach/AFP via Getty Images Cash is no longer trash. For the first time in 15 years, investors can get nearly 4%...
Tag: Politics
GBP/USD Reaches 1.1500 With UK Politics and Brexit Testing Buyers
The week started well for the Britain Pound Sterling, but the currency does not appear to be holding its progress. Wednesday witnessed the GBP/USD pair falling back to 1.1500, fading its corrective bo...
Biden announces first round of funding for EV charging network across 35 states
President Joe Biden announced Wednesday the release of the first round of funding for a nationwide electric vehicle charging network, financing the construction of stations in 35 states. “I̵...
United Airlines partners with one-time foe Emirates, will launch Dubai flights
Emirates airlines Boeing 777-31H(ER) takes off from Los Angeles international Airport on January 13, 2021. Aaronp / Bauer-Griffin | GC Images | Getty Images United Airlines and Emirates will sell seat...
Taking Bitcoin Out of Football Politics – Trustnodes
Bitcoin for the first time has become part of national election politics, ouch, as an openly pro-bitcoiner of the center-right now officially leads the Opposition party in Canada, with the leader of t...
UN warns of ‘uncharted territories of destruction’
Boys, victims of the flood, reach out for food from a relief worker, following rains and floods during the monsoon season in Nowshera, Pakistan August 30, 2022. Fayaz Aziz | Reuters The United Nations...
This superbull at JPMorgan who called the summer rally sees a soft landing ahead. Here’s his advice on stocks and oil.
A fifth-straight win was taken off the table after August CPI numbers surprised on the upside. And it looks like there’s nothing to sway the Fed from a 75-basis-point hike this month. Still, when it d...
NYT Politics Reporter’s New Book Highlights Trump’s Move From Accepting To Rejecting Election Loss
WASHINGTON, DC – AUGUST 28: U.S. President Donald Trump awaits the arrival of Finnish President … [+] Sauli Niinisto to the White House August 28, 2017 in Washington, DC. The two leaders a...
These three potential ‘naked swimmers’ threaten stocks and financial markets
Following a hat trick for all three major indexes last week, both optimism and trepidation are in the air as a new trading stretch begins. But some, like the Kobeissi Letter’s editor in chief and foun...
Europe’s Unfolding Crises Could Impact U.S. Stocks. Here’s How.
U.S. investors are watching the Federal Reserve but the European Central Bank is likely to keep hiking rates to pull down prices, and those moves deserve more attention. Graeme Sloan/Bloomberg Text si...
A strong market rally could be just weeks away if the U.S. midterm elections can put anxious stock investors at ease
If the U.S. midterm election cycle this year is like past ones, the stock market will carve out an important low right around Election Day in November. That should give some hope to beleaguered invest...
Senators introduce the next retirement savings proposal – the EARN Act
The EARN Act is the latest addition to the lineup of proposals legislators have put forth to bolster retirement savings. Senators Ron Wyden, a Democrat from Oregon, and Mike Crapo, a Republican from ...
Measuring climate investment risk is capitalism
Larry Fink, chief executive officer of BlackRock Inc. Christopher Goodney | Bloomberg | Getty Images Billionaire businessman and former New York Mayor Michael Bloomberg and the investing behemoth Blac...
Democrats want probe of airline Covid bailouts over staff buyouts
Airline pilots walk through the Ronald Reagan Washington National Airport on December 27, 2021 in Arlington, Virginia. Anna Moneymaker | Getty Images Two House Democrats have asked a Treasury Departme...
LA health officials are probing death of a person who had monkeypox
A health care worker administers a dose of the JYNNEOS Monkeypox vaccine at a pop-up vaccination clinic in Los Angeles, California, on August 9, 2022. Patrick T. Fallon | AFP | Getty Images Los Angele...
Airlines’ chaotic summer is over. These 5 charts show how it went
Travelers make their way through Orlando International Airport on New Year’s weekend, despite thousands of flight cancellations and delays across United States. Paul Hennessy | Lightrocket | Get...
Why America still can’t agree on charter schools after 30 years
Whether it’s student loan forgiveness or banning books, education policy in the United States can get contentious. One controversial education policy that goes back to the 1990s is the charter s...
Yellen pledges to target high-earning Americans in bid to keep U.S. finances on ‘sound footing’
U.S. Treasury Secretary Janet Yellen on Thursday pledged to pursue tax increases for high-earning Americans in a bid to keep U.S. finances sound, as she gave a speech in Michigan on the Biden administ...
Crypto mining could hinder battle against climate change: White House
An array of bitcoin mining units inside a container at a Cleanspark facility in College Park, Georgia, U.S., on Friday, April 22, 2022. Elijah Nouvelage | Bloomberg | Getty Images The White House Offi...
You may owe taxes for federal student loan forgiveness in these states
Marko Geber | DigitalVision | Getty Images If you’re one of the millions of Americans expecting student loan forgiveness, you won’t owe federal taxes. But that doesn’t mean you’...
HIV positive people hospitalized with monkeypox more often, CDC says
People living with HIV who have monkeypox are hospitalized more than twice as often as other patients diagnosed with the rapidly spreading virus, according to a study from the Centers for Disease Cont...
FuelCell Reports Strongest Quarterly Revenue in 5 Years. The Stock Still Falls.
Text size FuelCell reported revenue of $43.1 million for its fiscal third quarter. Jung Yeon-je /AFP via Getty Images FuelCell Energy shares traded lower Thursday as the producer of units that make el...
Crude Oil Prices Tick Higher After Putin Threatens to Let Europe ‘Freeze’
Text size Russian President Vladimir Putin Mikhail Klimentyev/SPUTNIK/AFP via Getty Images Oil prices inched up on Thursday after Russian President Vladimir Putin hinted that he might tear up supply c...
‘These are not laundromat tokens.’ SEC chief sends warning to crypto industry
Gary Gensler had strong words for the crypto industry in a Thursday speech, telling an audience of lawyers that the “vast majority” of the nearly 10,000 existing crypto tokens are securities, being is...
The IRS may be coming for your savings account (but don’t worry, it’s not as bad as it sounds)
Interest you earn from a high-yield savings account is generally taxable Getty Images/iStockphoto For years now, savings accounts have paid an abysmal rate of interest. But in recent months, we’ve see...
Oil Prices Tick Higher After Putin Threatens to Let Europe ‘Freeze’
Text size Russian President Vladimir Putin Mikhail Klimentyev/SPUTNIK/AFP via Getty Images Oil prices inched up on Thursday after Russian President Vladimir Putin hinted that he might tear up supply c...
U.S. monkeypox outbreak is slowing as vaccines become more accessible, health officials say
The U.S. monkeypox outbreak is slowing as vaccines have become more available and there’s broader public awareness about what actions individuals can take to lower their risk of infection, accor...
Ray Dalio says watch out for rates reaching this level, because Wall Street stocks will take a 20% hit
After that CPI shock earlier in the week, Wall Street is fielding a fresh batch of data on Thursday, with the headline retail sales number coming in stronger than expected. And a disastrous rail strik...