The Hill Is Sold to a TV Giant The political news publication, which started as an insider’s guide to Washington and greatly expanded its audience after it went digital, fetched a price of $130 million.Jimmy Finkelstein with Arianna Huffington in Washington in 2012.
Forexlive Americas FX news wrap: Fed's Kaplan's softens stance on taper Forex news for North American trading on August 20, 2021 Back on August 11, Fed's Kaplan said "he was in favor of announcing a plan to taper at the Sept meeting and start tapering in October".
G.M. Is Expanding the Chevrolet Bolt Recall The recall now covers 2017-2022 models. The latest move, to add three more model years, will increase costs by $1 billion.A 2018 Chevrolet Bolt on a General Motors assembly line in Lake Orion, Mich.
Jackson Hole Summit to be held virtually The summit was to be held face-to-face The Jackson Hole Summit will be held virtually instead of face-to-face. This according to the Kansas City Fed who stages the event annually. The risk of Covid is leading to the decision. The scheduled three day event will now be all conducted on August 27th.
New visas urged to tackle EU lorry driver shortage A lorry driver shortage is leaving shelves empty, and one group wants 10,000 EU visas granted to solve it.
NASDAQ the big winner today but major indices close lower for the week All 11 sectors higher The major indices all closed higher for the day led by the NASDAQ index which rose 1.17%. the final numbers are showing - Dow industrial average rose 225.50 points or 0.65% at 35120.08
SEC Weighs Requiring Companies to Give More Details on Workers Chairman Gary Gensler has asked staff for recommendations on human-capital disclosures as Democrats seek more-detailed information on diversity and other metrics.
How To Trade When There Is Panic Selling In The Market Straight from me to you – what you should do when panic selling hits the market. Should you follow the pack or hold firm? As technical traders when all indicators are saying to get out of the market, then this is exactly what should be done.
Does Studying Economics Make You More Hostile to Immigration? Surprisingly, yes, at least for this group of U Mass Amherst students. We find no discernible effect of studying economics (whatever the course content) on self-interest or beliefs about others’ self-interest.
EURGBP runs up to the 100 day MA and stalling. Next week the MA will be a key barometer for buyers and sellers Stall at the key MA level The GBPUSD trended sharply to the downside yesterday and is modestly lower today. The EURUSD had an up and down day yesterday - closing lower - and is higher today.
*Against White Feminism* In Zero Dark Thirty (and the truish story behind it), American feminism — once a movement that existed in opposition to the state, as a critique of its institutions and mores — was recast as one that served the state’s interests through any means imaginable.
Treasury Yields Edge Higher After Talk of Fed Tapering The labor market recovery and inflation are crucial to the Federal Reserve’s timeline.
WTI crude oil futures settle at $62.32. Down $1.37 or 2.15% The price has since moved down to test the $62 level. The move lower was the seventh consecutive day with lower levels. Over that time, the price has moved -10.87%.
WTI crude oil futures testing $62 into the settlement Trades down to $62 and finds natural support buyers on the first test A break below the $62 level will have traders looking toward the May 21 low at $61.58. The 200 day moving averages at $60.66 and moving higher.
Key events and releases next week. Jackson Hole symposium the highlight Feds Powell to speak at 10 AM ET on Friday August 27 Next week's key events and releases will be highlighted by the Jackson Hole symposium which will take place from August 26 through August 28. The main speech made by Fed chair Powell, will take place on August 27 at 10 AM ET/1400 GMT.
Biden's Eviction Moratorium to Continue, Appeals Court Rules A federal appeals court says the Biden administration can continue to enforce its latest eviction moratorium for now, a move that could return the issue to the Supreme Court in a matter of days.
How the Taliban Can Use Social Media to Tame Afghanistan In the 1990s, they banned the internet. Now they use it to threaten and cajole the Afghan people, in a sign of how they might use technology to build power.Taliban fighters in Kabul, Afghanistan, on Thursday.
Ackman Plans to Return Proceeds From $4 Billion SPAC Hedge-fund billionaire William Ackman, who launched the largest-ever special-purpose acquisition vehicle with an aim of taking a mammoth company public, now plans to return its funds to shareholders in the face of a shareholder lawsuit.
Baker Hughes oil rig count up eight at 405. Total rigs up three at 503. Crude oil remains down over one dollar today for the seventh consecutive decline The price of crude oil remains down $1.08 or -1.69% at $62.54.
Bitcoin trades the highest level since May 16 High today reached $49,164 The price of bitcoin traded to the highest level since May 16 today. The move reached a peak of $49,163.98. That was just short of the natural resistance at the $50,000 level.