|
The Dow Jones Industrial Average surged more than 1,200 points Friday, leading a broader stock-market rebound.
|
|
If you're risking money on the big game, one of these methods could be a surprising tax win.
|
|
The company's IPO comes as shoppers and policymakers alike have pushed back on ultra-processed foods.
|
|
Dow surges 1,200 points for first close above 50,000 in sharp rebound from tech rout: Live updates CNBCStocks hit historic milestone as Dow crosses 50,000 points for first time ever cnn.comStock market today: Dow, S&P 500, Nasdaq rise after tech rout as Wall Street rethinks AI risks Yahoo FinanceCommentary: The Dow just broke 50,000. Here's what that means latimes.com
|
|
The Dow Jones Industrial Average finished at a record 50,115.67 on Friday, rising more than 1,200 points for the day.
|
|
The weekend brings fresh Iran sanctions and risks of a U.S. move against Tehran.
|
|
The low-priced furniture store is debuting on the stock market as it plans to more than double its store count.
|
|
Asian markets rally after steep fall in precious metals spills over into region's stocks
|
|
New York Attorney General Letitia James is cautioning all New Yorkers about placing trades on prediction markets ahead of the Super Bowl.
|
|
Disruption. It's coming for the U.S. dollar in the form of digital currency. Last week the Biden administration detailed a broad plan for adopting a central bank digital currency (CBDC) in the coming years. The Departments of Energy, Commerce, the Treasury, and other agencies weighed in on how to manage and regulate a CBDC.
The government is reacting in part to the explosive growth of digital currencies. About three out of ten U.S. adults currently invest in some form of cryptocurrency, or "crypto," like Bitcoin or Ethereum. These digital "coins" rely on a decentralized network of computers to verify financial transactions, cutting out third parties like banks or credit cards.
The good, the bad, and the ugly of crypto
Advocates of crypto point to its affordability, efficiency, and its ability to reach consumers with little or no access to traditional banking services. With just a mobile phone or a crypto ATM, consumers can easily send and receive digital currency, even across international borders.
On the other hand, crypto is still largely unregulated and volatile. Investors in Bitcoin, for example, saw returns of over 70% in 2021, but the currency is down almost 60% year to date. And if you send your payment to the wrong account (called a "digital wallet") there may be no way to retrieve it. Crypto has also been used for money laundering, fraud, and to fund terrorism. Several
|
|
AMONG radical environmentalists, it has often been said that carbon trading and carbon offsets (which allow emitters of greenhouse gases to "redeem" their sins by countervailing actions) are comparable to the medieval practice of selling indulgences. In those days, believers were encouraged to improve their prospects in the after-life through a monetary transaction with the Church. Reaction against this practice helped to inspire the Protestant Reformation.
The parallel is not perfect. Buying indulgences had few earthly consequences, besides making the Church richer. Whereas carbon markets, if they work as they are supposed to, could have the effect of helping to save the planet. In both cases, however, critics feel that moral integrity is compromised.
In any case, visitors converging on the Vatican today are unlikely to be given a free pass as easily as the fee-paying transgressors of the Middle Ages. Chief executives of leading oil companies are due to meet Pope Francis, whose green encyclical, "Laudato Si", calls for...Continue reading
|
|
