Thinking along those lines, we did add to that Goldman-recommended energy position twice this month.… MORE
Category Archives: Top News
Block shares plunge 15% after short seller Hindenburg says Jack Dorsey’s company facilitates fraud
Block shares plunged after noted short seller Hindenburg Research said the company’s flagship Cash App facilitates crime and lacks strong compliance controls.… MORE
Banks ramp up use of new Fed facility created during crisis
Banks are sitting on unrealized losses thanks to rising interest rates. That helped lead to the implosion of Silicon Valley Bank this month.… MORE
Trump live updates: Grand jury to resume work at noon, but it may not be on the indictment
A grand jury has been meeting to hear evidence about a hush money payment benefiting former President Donald Trump. Follow live updates on the probe.… MORE
Lidar maker Ouster dips as quarterly losses widen, but CEO sees savings in Velodyne merger
Ouster is on track to realize the benefits of its merger with Velodyne, completed in February. But its pre-merger Q4 results fell short of expectations.… MORE
Biden’s approval slips to 38%, near the lowest of his presidency, new poll says
President Joe Biden’s approval rating in a new poll fell to 38%, just two points above his all-time low in office.… MORE
Yellen says Treasury is ready to take ‘additional actions if warranted’ to stabilize banks
Emergency federal actions to back up customers of Silicon Valley Bank and Signature Bank could be used again if necessary, Treasury Secretary Janet Yellen said.… MORE
How Ford plans to turn a profit on EVs in under four years
Ford forecast a drastic turnaround for its electric vehicle unit, reiterating that it expects its EV business to be solidly profitable by the end of 2026.… MORE
Crypto rebounds from post-Fed sell-off as investors shake off regulatory concerns
Investors studied the outlook for the Federal Reserve’s rate hiking campaign and the continued crisis in parts of the banking system.… MORE
These eight charts show why climate change matters right now
These 8 charts are a visual guide to the story of climate change right now.… MORE