Tag Archives: days

President Biden is wrapping up a historic first 100 days as president of the United States. With the Dow up 3375 points, or 11%, it would be the second best 100 days’ performance in 100 years — handily beating the median Dow return of 2% and the average of 5%. Only former President Franklin D. Roosevelt’s sky-high return of 75% in the 1930s fared better. “Love him or hate him, stocks have voted and they love him… Considering stocks also had their best rally ever from Election Day until… Source link

Stocks fell Tuesday, with the three major indexes looking for dip for a second straight session.  The Dow and S&P 500 each opened further below their recent all-time highs. Cyclical travel and leisure stocks including airlines and cruise lines slid, while Big Tech stocks were little changed as the benchmark 10-year Treasury yield edged lower.  “It’s really been an amazing tug-of-war between growth and value, cyclicals and defensives. Tech has outperformed phenomenally well over the last… Source link

Google has added an extra 30-day period to its vulnerability disclosure cycle to allow customers more time to fix vulnerabilities before technical details are released. The tech giant’s Project Zero team is a prolific researcher of industry vulnerabilities, and maintains a strict 90-day policy of public vulnerability disclosure after vendor notification, in order to pressure firms to issue patches quicker. “In practice however, we didn’t observe a significant shift in patch development… Source link

In a new interview with Yahoo Finance, U.S. Labor Secretary Marty Walsh suggested the results of a historic union vote at an Amazon (AMZN) warehouse in Alabama are imminent. He also objected in general terms to anti-union “intimidation” amid concerns over a campaign waged by Amazon to dissuade workers from supporting the organizing drive. “The Amazon situation — we’re going to see what the result of the vote is in the next few days,” Walsh says. Vote-tallying by the National Labor Relations… Source link

(Bloomberg) — From his perch high above Midtown Manhattan, just across from Carnegie Hall, Bill Hwang was quietly building one of the world’s greatest fortunes. Even on Wall Street, few ever noticed him — until suddenly, everyone did. Hwang and his private investment firm, Archegos Capital Management, are now at the center of one of the biggest margin calls of all time — a multibillion-dollar fiasco involving secretive market bets that were dangerously leveraged and unwound in a… Source link

NSW has recorded its first case of coronavirus in more than 50 days. The health department said on Sunday a quarantine hotel worker tested positive after working at two different Sydney hotels which host returned travellers. “The source of the new infection reported overnight is under investigation and urgent genome sequencing is underway,” NSW Health said. “Testing of close contacts of the case is also urgently underway.” A person undergoes Covid testing at Bondi. Source: AAP It is the first… Source link

InvestorPlace 10 Dividend Stocks Increasing Their Payouts There are two types of dividend stocks: those that increase their annual dividend payments year after year, often referred to as Dividend Aristocrats, and those that grow their annual dividends by double-digit percentages every year. In early January, Rob Carrick, one of Canada’s best personal finance columnists, wrote an article about dividend stocks that doubled their payouts over the past 10 years. With an assist from Tom Connolly… Source link

Blockchain startup Dapper Labs turned heads when it signed a deal with the National Basketball League more than a year ago to let fans buy collectible video moments from games. Now, it’s proving to be a genius idea with more than $50 million in sales coming through its NBA Top Shot platform in just the last 30 days. As a simple explainer, the platform allows for something akin to verifiable video trading cards: The NBA selects the best moments from games and then Dapper Labs verifies how… Source link

Brooklyn Nets forward Kevin Durant will have to quarantine for seven days after having close contact with a team employee who tested positive for COVID-19, Yahoo Sports has learned. On Friday, a team employee drove in a car with Durant three separate times — to the practice facility, back home from testing and to the arena for the game. Durant and the team employee were seemingly not wearing facemasks during these interactions. The team employee initially tested inconclusive, which led to… Source link

A menacing sign has emerged outside a gun shop in the US ahead of President-elect Joe Biden’s inauguration this week. While Donald Trump spends his last few days in the top job, people have rushed to gun stores across the country with the demand for firearms and ammunition soaring as thousands of National Guard troops descend on Washington. Gun safety instructor Stephen Gutowski posted a photo of a sign at his local gun shop in Virginia on Twitter, revealing strict purchasing limits for… Source link