Tag: business

November 22, 2021

Prosus (OTC:PROSF), which owns a $175 billion minority stake in Chinese internet gaming and social media group Tencent, posted an 8% rise in first-half trading profit to $2.9 billion as revenue rose rapidly in its overall portfolio. Sometimes compared to […]

September 27, 2021

The U.S. Securities and Exchange Commission on Monday charged two individuals for a fraudulent trading scheme involving so-called “meme stocks” in early 2021. The securities regulator said it has charged a Florida resident and his friend who used wash trading […]

September 27, 2021

The nation’s business economists now expect slower economic growth this year due to the widespread delta variant of the coronavirus, while also saying the economy could improve more quickly next year as vaccinations become more accepted. In a survey being […]

September 24, 2021

Benchmark U.S. crude oil for November delivery rose 68 cents to $73.98 a barrel Friday. Brent crude oil for November delivery rose 84 cents to $78.09 a barrel. Wholesale gasoline for October delivery rose 2 cents to $2.19 a gallon. […]

September 8, 2021

Benchmark U.S. crude oil for October delivery rose 95 cents to $69.30 a barrel Wednesday. Brent crude oil for November delivery rose 91 cents to $72.60 a barrel. Wholesale gasoline for October delivery was unchanged at $2.13 a gallon. October […]

September 8, 2021

Stocks are closing lower on Wall Street Wednesday following a Federal Reserve report that shows U.S. economic activity slowed this summer amid rising worries over resurgent coronavirus cases and mounting supply chain problems and labor shortages. The S&P 500 index, […]

August 13, 2021

Restaurants prices are increasing faster than they have in decades as labor and ingredients grow more expensive. Pricing for dining out increased 0.8% from June to July this year, according to new data from the Bureau of Labor Statistics. Menu […]

August 12, 2021

It is an absolutely amazing irony that the biggest policy fight right now among the industry behind blockchain — which allows anyone to independently verify transactions through its distributed ledger — is over the independent and decentralized verification of transactions. […]

August 3, 2021

Stocks shook off a wobbly start and ended higher Tuesday as traders weighed another big set of company earnings reports. Investors were also closely monitoring the latest developments with COVID-19 and its potential impact on a still-recovering economy amid the […]

August 3, 2021

The price of gold appears to have reversed course following the failed attempt to test the July high ($1834), and the precious metal may continue to give back the rebound from the June low ($1751) as it initiates a fresh […]