GameStop Corp. GME shares soared Wednesday in an apparent short squeeze, but one analyst who specializes in information on short-selling doesn’t think that’s the case.
Futures for gold on Wednesday finish higher after a report on U.S. inflation and as investors monitor a House vote on impeaching President Donald Trump, for a second time, days before he is set to relinquish power to President-elect Joe Biden on Jan. 20.
U.S. stock benchmarks trade mostly just above the neutral line as investors gird for a House vote on impeaching President Donald Trump, a week before he is set to leave office.
The industry sees a chance to burnish its credentials while fulfilling an urgent societal need. But the ambitious deployment comes fraught with risks, as illustrated by potential security breaches in open-access systems and fraudulent accounts.
The U.S. set another grim milestone in the coronavirus pandemic on Tuesday, when more than 4,400 COVID-19 patients died, the most in a single day since the start of the outbreak, and experts said that with cases continuing to accelerate, the worst is still to come.
The U.S. government ran a budget deficit of $144 billion in December and the gap is likely to grow even higher in the next few months after Washington approved more federal aid for the economy.
Shares of Exxon Mobil Corp. rose Wednesday, putting them on track for the longest win streak in 16 months, after J.P. Morgan analyst Phil Gresh turned bullish on the oil giant for the first time, citing an improved financial outlook and more reasonable valuation.
Treasury yields fell Wednesday after a successful debt auction highlighted strong demand for long-term government paper, after a January selloff pushed rates to more appetizing levels for bond buyers.
Donald Trump could become the first president in U.S. history to be impeached twice, as the House of Republicans prepares to approve a charge of inciting an insurrection following the riotous invasion of the Capitol last Wednesday.
The most effective stimulus for the economy would be a large and well-targeted public infrastructure spending program, not another $2,000 check that will be saved and not spent.
Countries across the world have begun vaccination drives, mobilizing to protect their elderly and most vulnerable citizens from COVID-19, but Indonesia has adopted a different approach.
As an unprecedented second impeachment of President Donald Trump looms Wednesday, market participants appear mostly unperturbed but mindful of what is shaping up to be a historic moment in U.S. politics.
The coronavirus situation in the U.K. is far more pervasive now than in March 2020 when the country first locked down, but the population is traveling outside their homes much more.
Sales of electric vehicles by European car makers accelerated rapidly in 2020, amid governments offering generous incentives to trade in gas guzzlers for cleaner alternatives.
Countries across the world have begun vaccination drives, mobilizing to protect their elderly and most vulnerable citizens from COVID-19, but Indonesia has adopted a different approach.