Stocks continue to slide, with tech leading the retreat as ‘surging yields are kryptonite for many tech stocks.’ Stocks extended declines Monday, falling for a fifth consecutive session with benchmark 10-year Treasury note yields piercing a Read more…
Treasury officials say the Internal Revenue Service will face “enormous challenges” during this year’s tax filing season. The Treasury Department reportedly warned Monday of a “frustrating season” for taxpayers and tax preparers as a result Read more…
T-Mobile acquired Octopus Interactive, a national network of interactive video screens in the vehicles of ride-share providers like Uber and Lyft. T-Mobile, (TMUS) – Get T-Mobile US, Inc. Report expanding its marketing-solutions business, said on Monday Read more…
Cathie Wood’s flagship Ark Innovation ETF has slumped 42% over the past year. She says her stocks will likely rebound soon. Market-darling investor Cathie Wood of Ark Investment Management is reassuring investors who have suffered Read more…
Cowen says the removal of the SAFE Act from the defense bill in December was a blessing in disguise. The fact that the SAFE Banking Act legislation that would provide banking access for cannabis companies Read more…
Goldman Sachs chief economist Jan Hatzius raised his estimate from three, as the Fed adopted a more hawkish policy stance. Goldman Sachs has increased its estimate of the number of Federal Reserve interest rate hikes Read more…
As large private companies grow larger and more numerous, the SEC wants them to disclose more information, a media report says.. The Securities and Exchange Commission is reportedly working on making large private companies disclose Read more…
NZD/JPY and AUD/JPY are breaking down, together with US stocks. At the time of writing, DOW is down -1.5%, S&P 500 down -1.78% and NASDAQ even -2.5%. NZD/JPY’s strong break of 77.96 resistance turned support Read more…
At mid-day on Monday, the price for gold broke the resistance of the 1,800.00 mark and shortly traded above this level. However, the surge was stopped and reversed by the 100-hour simple moving average at Read more…
Intel gets slammed on social media after reportedly removing references to the Chinese region of Xinjiang from an open letter it sent to suppliers. Intel (INTC) – Get Intel Corporation Report was being blasted on social Read more…