NEW YORK — The S&P 500 closed out 2023 with a gain of more than 24% and the Dow finished near a record high, as easing inflation, a resilient economy and the prospect of lower […]
NEW YORK — Bitcoin is having another moment. The world’s largest cryptocurrency soared to almost $35,000 this week, marking its highest point in nearly 18 months — and more than double the price seen at […]
DALLAS — American Airlines posted a $545 million loss for the third quarter as revenue was flat with last summer and costs rose, especially to cover a new contract with its pilots. American on Thursday […]
NEW YORK — The worst may be yet to come for the stock market. Wall Street’s mini-rebound since mid-October has recovered some of the index’s sharp losses from the first 10 months of the year. […]
NEW YORK — Bonds are supposed to be the safe part of any nest egg, but they’re getting brutalized. High-quality U.S. bonds have lost more than 10% so far this year, as of Monday, on […]
Robinhood, the online brokerage that found itself embroiled in this year’s meme stock phenomenon, will go public next week seeking a market valuation of up to $35 billion. The company said in a regulatory filing […]
NEW YORK — It’s time to show the receipts, CEOs. For more than a year, investors have been pushing up stock prices, even though the pandemic caused profits to crater for companies. With COVID-19 vaccines […]
NEW YORK — It was a little over one year ago that the terrifying free fall for the stock market suddenly ended, ushering in one of its greatest runs. On March 23, 2020, the S&P […]
The biggest IPO in years rolled out Thursday on the New York Stock Exchange where Coupang, the South Korean equivalent of Amazon in the U.S., or Alibaba in China, began trading under the ticker “CPNG.” […]
© 2022 — North State Media LLC