[ad_1] Enlarge / Elizabeth Holmes, founder and CEO of Theranos, is on trial for wire fraud. David Paul Morris / Bloomberg / Getty Images The charisma of Elizabeth Holmes, founder of Theranos, may have convinced the CEO of a large grocery chain to form a partnership with the company, but that was not enough to … Read more
[ad_1] Carlos Watson records a televised debate for Take On America With OZY at Bently Reserve on October 29, 2018 in San Francisco, California. Kimberly White | Getty Images Several former Ozy Media employees claim there is no evidence the millions of dollars the company received under a federal Covid relief program to protect paychecks … Read more
[ad_1] Text size Investors welcomed the positive signs that Congress would resolve the impending debt ceiling. Samuel Corum / Getty Images The stock market was higher on Thursday, building on the momentum of late gains on Wednesday, after a deal to extend the debt ceiling was reached in Congress. Weekly jobless claims also painted an … Read more
[ad_1] (Bloomberg) – U.S.-listed Chinese tech stocks were up for a third day in a row Thursday after their peers in Asia rallied amid better risk appetite. Bloomberg’s Most Read The shares of Tencent Holdings Ltd. jumped 5.3% as of 10:01 a.m. in New York, while tech giant Alibaba Group Holding Ltd. climbed 6.9%. Other … Read more
[ad_1] The shiba inu coin has reached a market value of $ 12 billion. Jakub Porzycki / NurPhoto via Getty Images It took 14 months for the shiba inu coin to enter the ranks of the top 20 cryptos in the world. Its market value hit $ 12 billion on Thursday. Dogecoin took six times … Read more
[ad_1] New Jersey cut its gasoline tax by 8.3 cents a gallon last Friday – a 16% cut in the state gasoline tax – but most motorists probably haven’t seen it rise. reflected in lower prices at the pump. And they may never do, according to advocates for people who sell gas and those who … Read more
[ad_1] (Bloomberg) – Former U.S. Treasury Secretary Steven Mnuchin has warned of the risks of going over the debt ceiling, the Biden administration’s overspending and fears it may fuel inflation further . Bloomberg’s Most Read “I am concerned that this is continued inflation, and we could easily end up with 3.5% 10-year Treasuries, which only … Read more
[ad_1] The SolarWinds logo is seen outside its corporate headquarters in Austin, Texas, USA, December 18, 2020. REUTERS / Sergio Flores / File Photo SAN FRANCISCO, October 7 (Reuters) – Suspected Russian hackers who used SolarWinds and Microsoft software to burrow into U.S. federal agencies have come out with information on counterintelligence investigations, the policy … Read more
[ad_1] Julian Brigden, co-founder of Macro Intelligence 2 Partners, on what will happen to the stock market if the debt ceiling is extended until December. U.S. stock indexes surged Thursday morning after lawmakers struck a short-term deal to raise the debt ceiling. The Dow Jones Industrial Average gained 540 points, or 1.56%, while the S&P … Read more
[ad_1] “The pandemic has always been at the helm of this recovery,” Nela Richardson, chief economist at ADP, said during a call to reporters on Wednesday. “The name of the job recovery game is still ‘spotty’.” Last year the job market was quite fragile and during the colder months the struggling leisure and hospitality industry … Read more