Tesla is the new meme stock, according to one billionaire investor
Longtime investor Bill Gross believes Elon Musk’s Tesla is behaving like a speculative play among retail investors. “Tesla acting like a meme stock — sagging fundamentals, straight up price action,” the former chief investment officer and co-founder of Pimco said in a post Tuesday afternoon
S&P 500 closes above 5,600 for the first time, lifted by gains in Big Tech
The S&P 500 climbed Wednesday to a fresh record, breaking above 5,600 for the first time, as a sharp rise in semiconductor stocks led the market higher. The broad market index jumped 1.02%, closing at 5,633.91, and notching a seventh straight day of
The Fed may soon cut interest rates. That could make your next trip abroad more expensive
The U.S. Federal Reserve may start cutting interest rates before year’s end. That could make future trips abroad more expensive for the nation’s travelers. That’s due to how interest-rate policy affects the strength of the U.S. dollar. Here’s the basic idea: An environment of rising U.S.
Costco hikes membership fee for the first time since 2017
You’ll soon have to pay more if you want to shop at Costco. The membership-based warehouse club said Wednesday that it will increase its membership fee by $5 in the U.S. and Canada as of Sept. 1. That’s an increase to $65
The Fed may soon cut interest rates. That could make your next trip abroad more expensive.
The U.S. Federal Reserve may start cutting interest rates before year’s end. That could make future trips abroad more expensive for the nation’s travelers. That’s due to how interest-rate policy affects the strength of the U.S. dollar. Here’s the basic idea: An environment of rising U.S.
Forex Sheet Essentials: Your Guide to Smarter Trading
Essential Forex Sheet: Your Guide to Smarter Trading One of the handy ways to simplify the process of trading is by incorporating forex sheets in your trading strategy. Forex sheets can be challenging to navigate due to their broad variety of
Trump tells GOP to ‘pass the SAVE Act’ or ‘go home and cry yourself to sleep’
Former President Donald Trump published a screed on Tuesday warning Republican lawmakers that they have no choice but to pass the SAVE Act, warning ‘our whole voting system is under siege.’ The Safeguard American Voter Eligibility (SAVE) Act would amend the
Who is White House physician Dr. Kevin O’Connor and what are his close ties to the Biden family?
Dr. Kevin O’Connor, President Biden’s physician, has been mostly out of the public’s view despite first overseeing Biden’s health care in 2009 and building what has been described as a cozy relationship with the Biden family over the last 15
Democrats in Congress mostly resist calling for Biden to drop out despite private concerns: reports
Democrats in Congress mostly resisted calling for President Biden to drop out of the race despite raising private concerns during an all-caucus, closed-door meeting Tuesday, according to reports. Lawmakers returned to Washington, D.C., this week after the Fourth of July recess,
Democratic lawmakers seek criminal investigation of Justice Thomas
Two Democratic U.S. senators announced Tuesday that they are seeking a criminal investigation of Supreme Court Justice Clarence Thomas over gifts of travel, a loan for a recreational vehicle and other benefits he received from wealthy benefactors. Sens. Sheldon Whitehouse (D-R.I.)