Nasdaq 100 futures rose Thursday after the latest batch of corporate earnings, including a boost from Tesla shares. Meanwhile, S&P 500 futures ticked higher. Futures tied to the Dow Jones Industrial Average fell 63 points, … Read more
Amazon said Thursday it will acquire One Medical for $18 a share, in an all-cash deal valuing the primary health care provider at roughly $3.9 billion. Neil Lindsay, senior vice president of Amazon Health Services, said in a statement … Read more
Initial jobless claims hit their highest level since mid-November last week, the latest sign that a historically tight labor market is beginning to slow, according to Labor Department data released Thursday. Claims totaled 251,000 for the week … Read more
Futures are flat again this morning and the bulls are starting to look a little tired. The sell signals on the /es 60’s are clear and the choppy toppy pattern is suggesting we could see … Read more
While the fallout from responses to the COVID-19 pandemic has further eroded people’s trust in institutions like government, media, and business, that hasn’t prevented politicians from further cultivating a technocratic authoritarian state that once was left to the authors of … Read more
ASIA: Chinese authorities on Sunday violently dispersed a peaceful protest by hundreds of depositors, who sought in vain to demand their life savings back from banks that have run into a deepening cash crisis. Since … Read more
Futures are flat this morning after yesterday’s massive short squeeze yesterday. That is a win for the bulls and there really isn’t a whole lot to go over this morning. Nothing has changed in my … Read more
Crypto infrastructure provider Blockdaemon has acquired Danish startup Sepior, a digital asset security company providing key management services for institutional clients, for an undisclosed price. The deal marks the startup’s fourth acquisition in two years, the latest of … Read more
The pain in the mortgage market is only getting worse as higher interest rates and inflation hammer American consumers. Mortgage demand fell more than 6% last week compared with the previous week, hitting the lowest … Read more
A few weeks ago, the Board of Trustees for Social Security released its annual report. And, once again, it was a scathing indictment of the program’s solvency. Primarily, the report points out that, since 2008, the cost … Read more