Wall Street consolidated its gains on Wednesday, with stocks opening flat to slightly lower a day after major benchmarks scaled to new highs. Ahead of the U.S. Thanksgiving holiday, optimism over the imminent deployment of a COVID-19 vaccine propelled the Dow Jones Industrial Average above 30,000 for the first time ever on Tuesday, extending a breathtaking rally that’s carried stocks deep into a bull market. However, caution set in early Wednesday, as investors digested weekly jobless claims… Source link

The U.S. Centers for Disease Control and Prevention (CDC) is aiming to reduce the quarantine requirements for someone potentially exposed to the virus from 14 days to somewhere between 7 to 10 days. The change in days, in addition to conducting a test, is being pursued as health officials try to gain better compliance with an increasingly covid-weary population, according to the Wall Street Journal. The decision is also guided by a better understanding of the phases of virus incubation and… Source link

You can stop Google from tracking your Android device by disabling Google’s “Location History” option, or by disabling specific apps. Google tracks your Android’s location at all times by default, and uses that information to give you traffic information, browsing recommendations, and more. Turning off location tracking may cause certain apps to stop working. Visit Business Insider’s Tech Reference library for more stories. Google thrives on data, and knowing where you… Source link

The chairman of the House Ways and Means committee joins Yahoo Finance’s Jessica Smith to discuss whether there will be a stimulus bill this year, the chances of Joe Biden’s tax plan becoming law, and his long push to reform the American retirement system. Video Transcript [MUSIC PLAYING] JESSICA SMITH: Welcome to “Yahoo Finance Presents.” I’m Jessica Smith. Joining me now is Congressman Richard Neal of Massachusetts. He is the chairman of the House Ways and Means Committee. Chairman, thank you… Source link

TipRanks Billionaire Steven Cohen Pulls the Trigger on These 2 Penny Stocks Which stocks are either a fan favorite or a must-avoid? Penny stocks. These tickers going for less than $5 apiece are particularly divisive on Wall Street, with those in favor as well as the naysayers laying out strong arguments.These names are too appealing for the risk-tolerant investor to ignore. Given the low prices, you get more for your money. On top of this, even minor share price appreciation can translate to… Source link

This is a breaking news story: Please check back for updates. The beleaguered U.S. labor market is absorbing a fresh wave of jobless workers, with 778,000 new unemployment claims filed in the latest week, as soaring COVID-19 infections lead states and cities to clamp down on public life. The Department of Labor released its weekly report on initial jobless claims Thursday morning at 8:30 a.m. ET. Here are the numbers compared to what Wall Street expected, according to consensus estimates… Source link

Google Pay’s old iOS app, Android app, and website are set to lose many of their payment features in January, the company has confirmed to The Verge. According to a Google support document the old apps will soon no longer be able to send or receive payments or withdraw money. Meanwhile, a notice on the Google Pay website says it’s also losing the ability to send and receive peer-to-peer payments. Google is also introducing a 1.5 percent fee when you transfer money out of Google Pay… Source link

Bitcoin (BTC-USD) is back. The most popular cryptocurrency has breached $19,000 and is approaching the record high it touched in 2017, before a spectacular crash. Longtime bull Mike Novogratz said bitcoin is a solid buy for everyday investors. “Bitcoin is for everyone,” he said in an interview with Yahoo Finance Live. “Everyone should put 2% to 3% of their net worth in bitcoin and look at it in five years, and it’s going to be a whole lot more.” Novogratz is a big player in bitcoin,… Source link

National Review Obama Claims Evangelical Latinos Disregarded Trump’s Racism Because of Views on ‘Abortion,’ ‘Gay Marriage’ Former President Obama claimed on Wednesday that evangelical Latino voters chose President Trump over Joe Biden because Trump backs their views on abortion and gay marriage.While Trump lost the 2020 election, he gained support among Latino voters according to exit polls and voting data in counties with large Hispanic populations. For example, in 93-percent… Source link

The College Football Playoff released its first set of rankings on Tuesday night. No. 1 Alabama led the list, as expected. Here are five takeaways: Schedule matters in college football Amid the inequity and chaos inherent to the 2020 college football season, two factors that will appear to weigh heavily are the quality and the number of opponents. At the top of the rankings, No. 3 Clemson (7-1) being ahead of Ohio State (4-0) is a sign that who teams have faced and how many games they’ve… Source link