Alabama man charged with hacking SEC’s X account, causing bitcoin to soar with fake post
A 25-year-old Alabama man was arrested Thursday for hacking the Securities and Exchange Commission's X account as part of a conspiracy to manipulate Bitcoin prices earlier this year, prosecutors said. In January, hackers posted false news to the SEC's @SECGov X account announcing that the SEC had approved a Bitcoin exchange-traded fund, causing the cryptocurrency's […]
Food, Rent, Electricity Prices Soar Under Joe Biden and Kamala Harris
Since President Joe Biden (D) and Vice President Kamala Harris (D) took office in January 2021, Americans have felt the pain of rising prices for essential goods. Food, rent and electricity prices are on the rise under the Biden-Harris administration, according to data from the St. Louis Fed. price of groceries It has increased by […]
History Says Small-Cap Growth Stocks Could Soar: Here Are 2 to Buy Now – The Motley Fool
These companies are doing exciting work in a multi-billion dollar industry. More than a year into the new bull market, small-cap stocks are not performing as well as large-cap stocks, unlike in previous market cycles. Small-cap stocks have historically outperformed stock price returns. S&P500 Although emerging from a bear market, small-cap stocks have been in […]
McDonald’s Fries Supplier to Shut Down Washington Plant, Lay Off 375 Workers as Fast Food Prices Soar
North America's largest french fry maker will close its Washington factory and lay off hundreds of workers, company officials announced in a recent earnings call. In an Oct. 1 article, Tom Warner, president and CEO of Lamb Weston Holdings, cited “sluggish” restaurant traffic and demand for frozen fries. press release Provides details of business failures […]
Antisemitic attacks in US soar 200% to 10,000 incidents: ADL
The number of anti-Semitic attacks in the United States has jumped 200% in the past year to more than 10,000. This is the highest number ever recorded by the Anti-Defamation League, and was spurred by large-scale attacks on college campuses. At least 1,200 of last year's hateful incidents occurred at universities, an increase of 500% […]
3 Stock-Split Stocks to Buy Before They Soar as Much as 215%, According to Select Wall Street Analysts – Yahoo Finance
Stock splits have become popular again in recent years. This practice was common in the past few decades, but fell out of favor and has been revived again in recent years. Companies typically embark on this course after years of strong operating and financial results, resulting in stock prices soaring. The evidence suggests that the […]
2 High-Yield Dividend Stocks Set to Soar – Yahoo Finance
“True investors will do better if they forget about the stock market and focus on their own dividend yield and the performance of their companies.” – Benjamin Graham With this in mind, here are two companies with high dividend yields, improved management, and potential for future growth that income investors should pay close attention to. […]
Chinese Stocks Soar More Than 8% in Hong Kong on Stimulus Bets – Yahoo Finance
(Bloomberg) — Chinese stocks listed in Hong Kong rose by the most in nearly two years, as traders returned from the holidays, fueling stimulus-fueled euphoria. Most Read Articles on Bloomberg The Hang Seng China Enterprises (^HSCE) index rose by up to 8.5%, extending its winning streak to 13 consecutive days. Real estate developers led the […]
Activist Elliott slams Southwest CEO Bob Jordan as shares soar 7%
Activist hedge fund Elliott Investment Management said Thursday that Southwest Airlines' Bob Jordan is to blame for Southwest Airlines' financial woes, hours after the struggling airline raised its profit and revenue outlook. He accused him of being the CEO. Elliott, led by billionaire Paul Singer, reaffirmed its intention to call a special meeting to remove […]
Stock market today: Wall Street drifts around its all-time highs after Chinese stocks soar – Yahoo Finance
NEW YORK (AP) — U.S. stocks shook off a shaky start to the day to hit yet another record high on Wall Street. The S&P 500 rose 0.3% on Tuesday. The Dow Jones Industrial Average rose 0.2%, hitting a new record of its own. The Nasdaq Composite Index rose 0.6%. In the Treasury market, Treasury […]