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AMC Entertainment shares shoot up 35% as Reddit traders double down

May 27, 2021 by admin

AMC has overtaken GameStop to become the most-loved stock in the infamous WallStreetBets Reddit forum, according to Bank of America’s analysis of stock mentions on the platform. With its massive …

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Biden orders closer review of Covid origins as U.S. intel weighs Wuhan lab leak theory

May 26, 2021 by admin

Security personnel stand guard outside the Wuhan Institute of Virology in Wuhan as members of the World Health Organization (WHO) team investigating the origins of the COVID-19 coronavirus make a …

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S&P 500 erases gains and ends day slightly lower as market rally stalls

May 25, 2021 by admin

U.S. stocks wiped out earlier gains and finished Tuesday’s session lower as the market struggled for a direction. The S&P 500 dipped 0.2% to 4,188.13, dragged down by the energy …

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Bitcoin’s trading action lately is wild even by crypto’s standards and the drama is not over yet

May 24, 2021 by admin

VIDEO 5:17 05:17 CoinShares’ Demirors on what’s fueling bitcoin volatility The Exchange Bitcoin is still in a stretch of double-digit intraday moves after briefly halving its value last week, and …

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Bitcoin resumes sell-off over weekend, falls below $32,000

May 23, 2021 by admin

The bitcoin selloff continued Sunday following a roller-coaster week of trading, as authorities in China and the U.S. move to tighten regulation and tax compliance on cryptocurrencies. Bitcoin fell roughly …

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U.N. Security Council calls for ‘full adherence’ to Gaza cease-fire, immediate humanitarian aid

May 22, 2021 by admin

The U.N. Security Council on Saturday called for a “full adherence” to the cease-fire in Gaza and urged immediate humanitarian aid for Palestinian civilians in its first statement on the …

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White House sees global minimum corporate tax as key to broader multilateral approach

May 21, 2021 by admin

U.S. President Joe Biden speaks about jobs and the economy at the White House in Washington, April 7, 2021. Kevin Lamarque | Reuters The White House on Friday stressed that …

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Israel and Hamas agree to cease-fire over Gaza conflict

May 20, 2021 by admin

Palestinians inspect a site hit during an Israeli airstrike in Gaza City on May 20, 2021. Mahmud Hams | AFP | Getty Images WASHINGTON — Israel’s security cabinet on Thursday …

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The crypto collapse: Here’s what’s behind bitcoin’s sudden drop

May 19, 2021 by admin

Key Points The flagship cryptocurrency fell to more than three-month lows on Wednesday, dropping to about $30,000 at one point. The recent slide is a reversal from the dramatic rise …

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Yellen pushes higher taxes, stronger unions, more global competition to U.S. Chamber

May 18, 2021 by admin

Secretary of the Treasury Janet Yellen speaks during a daily news briefing at the James Brady Press Briefing Room of the White House May 7, in Washington, DC. Alex Wong …

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