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Covid vaccine boosters are now available. Here's who's eligible for Pfizer, Moderna and J&J's shots


Created: Sat, 23 Oct 2021 12:00:01 GMT

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Read more: Covid vaccine boosters are now available. Here's who's eligible for Pfizer, Moderna and J&J's shots


Facebook whistleblower releases documents to multiple news outlets showing company knows the harm it causes


Created: Sat, 23 Oct 2021 01:26:03 GMT

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Facebook was hit with reports from multiple news outlets based on documents provided by Frances Haugen, a former employee and whistleblower.

Read more: Facebook whistleblower releases documents to multiple news outlets showing company knows the harm it causes


Jeffrey Gundlach says inflation will stay above 4% through 2022


Created: Fri, 22 Oct 2021 17:27:36 GMT

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Billionaire investor Jeffrey Gundlach said inflation likely will remain elevated through 2021 and stay above 4% through at least 2022.

Read more: Jeffrey Gundlach says inflation will stay above 4% through 2022


U.S. officials keep close watch on the 'delta plus' Covid mutation as it spreads in the U.K.


Created: Sat, 23 Oct 2021 09:26:24 GMT

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The AY.4.2 subvariant has been detected in at least five cases in the U.S.: in Washington, D.C., California, North Carolina, Washington state and Massachusetts.

Read more: U.S. officials keep close watch on the 'delta plus' Covid mutation as it spreads in the U.K.


Ron Insana: A new 'Marshall Plan' is needed to combat inflation and supply chain problems


Created: Fri, 22 Oct 2021 17:19:54 GMT

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Read more: Ron Insana: A new 'Marshall Plan' is needed to combat inflation and supply chain problems


Supreme Court should block Texas abortion law and reject bids to overturn Roe v. Wade, DOJ says


Created: Fri, 22 Oct 2021 17:11:50 GMT

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If the Supreme Court considers arguments to overturn Roe v. Wade's precedent for abortion rights, "it should reject them," the Justice Department said.

Read more: Supreme Court should block Texas abortion law and reject bids to overturn Roe v. Wade, DOJ says


Champagne sales are surging close to pre-pandemic highs: 'Consumers are ready to celebrate'


Created: Fri, 22 Oct 2021 17:17:30 GMT

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Champagne sales are surging back after going flat during the Covid pandemic.

Read more: Champagne sales are surging close to pre-pandemic highs: 'Consumers are ready to celebrate'


Two hedge funds sell stakes in Trump SPAC firm DWAC after merger news, big stock price rise


Created: Sat, 23 Oct 2021 00:41:46 GMT

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The huge increase in Digital World Acquisition's stock price came after Donald Trump said his new social media company would merge with the SPAC.

Read more: Two hedge funds sell stakes in Trump SPAC firm DWAC after merger news, big stock price rise


Watch Fed Chairman Jerome Powell speak live at a Bank for International Settlements conference


Created: Fri, 22 Oct 2021 15:11:59 GMT

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Read more: Watch Fed Chairman Jerome Powell speak live at a Bank for International Settlements conference


SpaceX test fires Starship as FAA reviews key license for first orbital launch


Created: Fri, 22 Oct 2021 16:13:58 GMT

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Elon Musk's SpaceX completed two test firings of Starship 20, preparing for the rocket's first orbital launch while the FAA reviews its license request.

Read more: SpaceX test fires Starship as FAA reviews key license for first orbital launch


Now you can buy now, pay later for just about everything


Created: Fri, 22 Oct 2021 14:27:38 GMT

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Buy now, pay later is booming. For consumers, there are many advantages to installment payments. There are also downsides.

Read more: Now you can buy now, pay later for just about everything


House Majority Leader Steny Hoyer wants framework for Biden's social spending plan set before Monday


Created: Fri, 22 Oct 2021 14:35:04 GMT

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Hoyer is hopeful about reaching a framework as Democrats try to resolve sticking points over what to include in Biden's economic plan and how to pay for it.

Read more: House Majority Leader Steny Hoyer wants framework for Biden's social spending plan set before Monday


YouTube is about to pull its apps from Roku, and the fight is going all the way to Congress


Created: Fri, 22 Oct 2021 21:54:25 GMT

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Google said Thursday it would remove YouTube apps from the Roku app store on Dec. 9 as the two sides fight over a new agreement.

Read more: YouTube is about to pull its apps from Roku, and the fight is going all the way to Congress


Beyond Meat stock tumbles to 52-week low after lowering third-quarter revenue outlook


Created: Fri, 22 Oct 2021 16:57:42 GMT

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Shares of Beyond Meat tumbled 14% in morning trading Friday after the company warned it expects to report lower revenue for the third quarter.

Read more: Beyond Meat stock tumbles to 52-week low after lowering third-quarter revenue outlook


Debt cancellation and free tuition proposals target student loan crisis in first big push to expand college access since World War II


Created: Fri, 22 Oct 2021 12:30:02 GMT

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The pandemic’s student loan payment pause and debt cancellation and free college proposals are finally disrupting a system that hasn’t been working for decades.

Read more: Debt cancellation and free tuition proposals target student loan crisis in first big push to expand college access since World War II


Palantir's Peter Thiel thinks people should be concerned about surveillance AI


Created: Fri, 22 Oct 2021 13:44:55 GMT

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Tech billionaire Peter Thiel said this week that people should be more worried about "surveillance AI" than artificial general intelligences.

Read more: Palantir's Peter Thiel thinks people should be concerned about surveillance AI


10-year Treasury yield tops 1.68% as investors digest jobless claims report


Created: Fri, 22 Oct 2021 20:49:19 GMT

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The 10-year U.S. Treasury yield hit 1.68% early on Friday, after the latest weekly jobless claims report came in lower than expected in the previous session.

Read more: 10-year Treasury yield tops 1.68% as investors digest jobless claims report


Big-name U.S. tech investors are moving in on Europe in increasing numbers


Created: Fri, 22 Oct 2021 13:41:43 GMT

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A growing number of renowned U.S. tech investors are moving to Europe to try and spot the next Klarna or Spotify.

Read more: Big-name U.S. tech investors are moving in on Europe in increasing numbers


The complicated road ahead for the Justice Department and Steve Bannon


Created: Fri, 22 Oct 2021 00:47:25 GMT

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Former federal prosecutor Renato Mariotti breaks down the legal issues the DOJ will have to weigh as it decides whether to criminally prosecuting Steve Bannon.

Read more: The complicated road ahead for the Justice Department and Steve Bannon


General Motors unveils new high-end GMC Sierra Denali and AT4X pickups


Created: Sat, 23 Oct 2021 00:52:41 GMT

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The new GMC models aim to build upon the Sierra's already high profit margins and average transaction prices, which are at more than $53,342.

Read more: General Motors unveils new high-end GMC Sierra Denali and AT4X pickups


U.S. government agency in charge of financial stability weighs in on climate change risks


Created: Thu, 21 Oct 2021 22:15:02 GMT

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The Financial Stability Oversight Council issued a report on the risks a changing climate poses to the U.S. financial system, in response to Biden's order.

Read more: U.S. government agency in charge of financial stability weighs in on climate change risks


Stock picking is as popular as ever despite indexing's proven success — 'Trillions' author on what's driving it


Created: Thu, 21 Oct 2021 21:46:17 GMT

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It's a stock picker's market, but long-term data still supports the buy-and-hold crowd, says Robin Wigglesworth, author of "Trillions."

Read more: Stock picking is as popular as ever despite indexing's proven success — 'Trillions' author on what's driving it


CDC approves Moderna and J&J Covid vaccine boosters, allowing people to mix-and-match shots


Created: Fri, 22 Oct 2021 12:53:41 GMT

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A CDC advisory panel Thursday endorsed boosters of Moderna and J&J Covid vaccines, sending the recommendation to the agency's director for final approval.

Read more: CDC approves Moderna and J&J Covid vaccine boosters, allowing people to mix-and-match shots


American, Southwest CEOs say they don't plan to fire employees over federal vaccine mandate


Created: Thu, 21 Oct 2021 20:47:56 GMT

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American and Southwest have urged employees to apply for medical and religious exemptions.

Read more: American, Southwest CEOs say they don't plan to fire employees over federal vaccine mandate


Intel shares fall after component shortages hurt PC chip business


Created: Fri, 22 Oct 2021 00:57:30 GMT

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Intel is in a period of massive capital expenditure as it spends $20 billion this year, including on a new semiconductor factory in Arizona.

Read more: Intel shares fall after component shortages hurt PC chip business


House votes to ask Justice Department to prosecute Trump ally Steve Bannon for ignoring Jan. 6 subpoena


Created: Fri, 22 Oct 2021 00:49:43 GMT

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The resolution holding Bannon in contempt will now head to the Department of Justice for possible criminal prosecution.

Read more: House votes to ask Justice Department to prosecute Trump ally Steve Bannon for ignoring Jan. 6 subpoena


Snap plummets 22% after missing on revenue expectations


Created: Fri, 22 Oct 2021 00:48:14 GMT

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Snap reported its third-quarter earnings on Thursday, missing revenue expectations after Apple’s iPhone privacy changes disrupted its advertising business.

Read more: Snap plummets 22% after missing on revenue expectations


Fed's Bostic sees interest rate hike coming next year as inflation lingers


Created: Thu, 21 Oct 2021 20:08:26 GMT

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Atlanta Federal Reserve President Raphael Bostic said Thursday that he sees an interest rate hike coming later in 2022.

Read more: Fed's Bostic sees interest rate hike coming next year as inflation lingers


Chipotle earnings crush estimates as sales jump 22%, higher menu prices offset rising costs


Created: Fri, 22 Oct 2021 00:59:59 GMT

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Shares of Chipotle have risen 33% this year, giving it a market value of $51.79 billion.

Read more: Chipotle earnings crush estimates as sales jump 22%, higher menu prices offset rising costs


Bumble, Duolingo lead rally in shares of app developers after Google slashes subscription fees


Created: Thu, 21 Oct 2021 21:03:54 GMT

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Shares of app developers rose on Thursday after Google announced it would reduce the company's cut from subscriptions on its Android app store.

Read more: Bumble, Duolingo lead rally in shares of app developers after Google slashes subscription fees

 
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