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Bloomberg Tesla Is Plugging a Secret Mega-Battery Into the Texas Grid (Bloomberg) — Elon Musk is getting into the Texas power market, with previously unrevealed construction of a gigantic battery connected to an ailing electric grid that nearly collapsed last month. The move marks Tesla Inc.’s first major foray into the epicenter of the U.S. energy economy.A Tesla subsidiary registered as Gambit Energy Storage LLC is quietly building a more than 100 megawatt energy storage project in… Source link

TipRanks JPMorgan Bets on These 3 Stocks; Sees Over 50% Upside Potential It’s time to check in with the macro picture, to get an idea of just where markets are headed in the coming months. That’s what a JPMorgan global research team, headed up by Joyce Chang, has been doing. The JPM team starts by noting the sell-off in US Treasury bonds last week, pushing up yields as investors acted in response to inflationary fears. However, the rise in bond yields steadied on Friday, and Chang’s team… Source link

TipRanks JPMorgan Bets on These 3 Stocks; Sees Over 50% Upside Potential It’s time to check in with the macro picture, to get an idea of just where markets are headed in the coming months. That’s what a JPMorgan global research team, headed up by Joyce Chang, has been doing. The JPM team starts by noting the sell-off in US Treasury bonds last week, pushing up yields as investors acted in response to inflationary fears. However, the rise in bond yields steadied on Friday, and Chang’s team… Source link

TipRanks Billionaire Jim Simons Snaps Up These 2 Biotech Stocks Quant trading guru Jim Simons is calling it a day, sort of. The mathematician and cryptologist is famous in the investing community for bringing his analytical eye to the world of the stock exchange, creating both the quant trading revolution and a personal fortune now estimated at more than $22 billion. His has been a career of multifaceted success, and his innovations on Wall Street have influenced the strategies of two… Source link

Bloomberg Haunted by 2008, China and U.S. Diverge on Stimulus Plans (Bloomberg) — The U.S. and China are pursuing divergent economic policies in the aftermath of the coronavirus recession in a role reversal from last time the world economy was recovering from a shock.One of the takeaways from the annual National People’s Congress under way in Beijing is a conservative growth goal, with a tighter fiscal-deficit target and restrained monetary settings. That’s a big contrast with Washington,… Source link

TipRanks JPMorgan Bets on These 3 Stocks; Sees Over 50% Upside Potential It’s time to check in with the macro picture, to get an idea of just where markets are headed in the coming months. That’s what a JPMorgan global research team, headed up by Joyce Chang, has been doing. The JPM team starts by noting the sell-off in US Treasury bonds last week, pushing up yields as investors acted in response to inflationary fears. However, the rise in bond yields steadied on Friday, and Chang’s team… Source link

A woman who has been charged with allegedly raping a 14-year-old boy repeatedly over the course of a year is now pregnant with his child. Brittni Gray, 23, from Arkansas, was arrested earlier this month after police received two tips about the alleged relationship. On February 28 last year, police were told about Gray’s alleged sexual relationship with a then 13-year-old boy through a child abuse hotline, local news station KAIT reported. Another tip was received in September from someone who… Source link

For more business and finance explainers, check out our Yahoo U page. The market for U.S. government debt is among the largest, most liquid markets in the world. When yields on U.S. Treasuries move, so does everyone else. Because investors generally perceive U.S. Treasuries to be risk-free assets, their yields serve as proxies for interest rates. When the U.S. 10-year (^TNX) or 30-year bond yield (^TYX) rises, so do loans (business loans, mortgages) of comparable duration. For a central bank,… Source link

For more business and finance explainers, check out our Yahoo U page. The market for U.S. government debt is among the largest, most liquid markets in the world. When yields on U.S. Treasuries move, so does everyone else. Because investors generally perceive U.S. Treasuries to be risk-free assets, their yields serve as proxies for interest rates. When the U.S. 10-year (^TNX) or 30-year bond yield (^TYX) rises, so do loans (business loans, mortgages) of comparable duration. For a central bank,… Source link

The Guardian ‘Yay!’: WSJ issues correction after stray word inadvertently inserted in story Paper says word was inserted ‘during editing of an article on Friday about Connecticut’s Covid-19 restrictions’ The Wall Street Journal building at 1155 6th Avenue in New York City. Photograph: Michael Nagle/Getty Images Wall Street Journal editors working from home in Connecticut fell under suspicion on Monday, when the paper published an unusual correction. “The stray word ‘Yay!’ was… Source link