Political News, Analysis and Opinion
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New York (CNN Business)The price of bitcoin breached $19,000 and ethereum fell below $1,000 Saturday morning, extending the brutal crypto bear market to new lows. Bitcoin plunged nearly 10% in … Read More
Crude oil prices drifted lower on Wednesday after data showed a jump in oil inventories in the U.S. last week, and the Federal Reserve hiked interest rates by a sharp … Read More
New York (CNN Business)US markets are hurting, and investors are panicked. Stocks have entered a bear-market territory as recession fears gained steam. Inflation rates remain at 40-year highs, interest rates … Read More
A version of this story first appeared in CNN Business’ Before the Bell newsletter. Not a subscriber? You can sign up right here. You can listen to an audio version of … Read More
A version of this story first appeared in CNN Business’ Before the Bell newsletter. Not a subscriber? You can sign up right here. You can listen to an audio version of … Read More
New York (CNN Business)For decades, ExxonMobil was an unstoppable machine. It made gobs of money, spent that cash wisely and rewarded shareholders lavishly. As recently as 2013, Exxon (XOM) was … Read More
British drug major AstraZeneca PLC (AZN.L,AZN) announced positive results of COVID-19 treatment Evusheld in TACKLE Phase III treatment trial. Evusheld significantly prevented COVID-19 disease progression or death in the outpatient … Read More
Markets pushed higher on Tuesday, with the Nasdaq leading the charge, up roughly 0.6%. Equities have been in a downtrend for the past couple months, but recent moves might be … Read More
(CNN Business)Didi’s regulatory nightmare in China may be nearly over. That’s according to the Wall Street Journal, which reported Monday, citing unidentified sources, that Beijing’s cybersecurity review of the ride-hailing … Read More
The futures traded higher after the nonfarm payrolls data for May came in higher than Wall Street expected. The 390,000 jobs added topped the anticipated 325,00. The major indexes closed … Read More
