Former President Donald Trump swept nearly all of this year’s Super Tuesday primaries and caucuses, routing his last major rival for the Republican presidential nomination, former South Carolina Gov. Nikki Haley. Haley announced Wednesday morning that she is suspending her campaign, clearing the way for Trump’s rematch with President Biden, the Democrat who beat him in 2020. Biden also won lopsided victories on Tuesday across 15 states. Trump, who gained several hundred delegates with major… Source link
Read More »Tax-loss selling, 'Santa rally' could sway U.S. stocks after November melt-up – Yahoo Finance
[unable to retrieve full-text content]Tax-loss selling, ‘Santa rally’ could sway U.S. stocks after November melt-up Yahoo Finance Source link
Read More »Epic and Match antitrust case against Google goes to trial November 6th
Epic Games and Match Group now have a court date for their antitrust case against Google. A Northern District of California judge has set the start of a jury trial for November 6th. Both Epic and Match accuse Google of abusing its control of Android app distribution through the Play Store by establishing unfair fees and requirements for in-app purchases. This comes alongside a lawsuit from 39 attorneys general as well as a customer class action suit demanding $4.7 billion in damages. Epic… Source link
Read More »Epic and Match antitrust case against Google goes to trial November 6th
Good Morning America Trial resumes for David Barnes, American detained in Russia Over the last two months, following lengthy periods of detention in Russia, Americans Brittney Griner, Sarah Krivanek and Taylor Dudley were all allowed to return home — but Alabama native David Barnes continues to be held by Russian authorities. Now, after more than a year of incarceration in Russia, Barnes’ trial is scheduled to resume this week before a judge in Moscow. Court filings show that Barnes, a… Source link
Read More »Epic and Match’s antitrust case against Google heads to jury trial on November 6 • TechCrunch
A date has been set for a trial by jury in a significant antitrust case against Google involving its alleged abuses of power in the Android app market. Fortnite maker Epic Games and dating app giant Match Group, joined by over three dozen state Attorneys General, have accused Google of unfairly leveraging its market dominance and harming competition through its Google Play Store terms and practices. In particular, the plaintiffs take issue with the commissions Google requires on app… Source link
Read More »Crypto market cap touches trillion dollar mark for first time since early November
The total market capitalization of cryptocurrencies rose above $1 trillion on Wednesday morning for the first time since November 8. This latest rally in crypto has been led by bitcoin (BTC-USD), which briefly spiked to as high as $21,501 as of 9:15 a.m. ET. Bitcoin is up more than 20% from where it traded just one week ago and has gained roughly 30% so far this year. Shortly after hitting his milestone, crypto prices dropped along with broader markets. Near 12:20 p.m. ET, bitcoin was trading… Source link
Read More »Grocery prices jumped 12.0% in November
Not all the inflation news was cheery. Backing out volatile gasoline and food prices, inflation in the U.S. slowed again last month, up 7.1% year-over-year. That was lower than economists’ exception of a 7.3% increase, per Bloomberg data. Still, the latest report was not great news for grocery shoppers: Food prices in November rose 12.0% year-over-year. On monthly basis, the category increased by 0.5%, according to the Bureau of Labor Statistics’ (BLS) November Consumer Price Index (CPI)…. Source link
Read More »Stocks close mixed ahead of November jobs report
U.S. stocks lagged Thursday ahead of monthly employment data as traders failed to continue momentum from a rally fueled by Fed Chair Jerome Powell’s indication of a slowdown in rate increases. The S&P 500 (^GSPC) slipped 0.1%, while the Dow Jones Industrial Average shed 200 points, or 0.6%. The technology-heavy Nasdaq Composite was an outlier — closing up 0.1%. In other pockets of the market, the U.S. dollar index retreated as the greenback had its worst monthly performance in over a… Source link
Read More »Stock market news live updates: November 30, 2022
U.S. stocks edged higher at Wednesday’s session open before giving up gains, continuing a sluggish start to the week as investors digested new economic data and awaited comments from Federal Reserve Chair Jerome Powell. The S&P 500 (^GSPC) slipped by 0.3% in early trading, while the Dow Jones Industrial Average (^DJI) was down by 0.6%. The technology-heavy Nasdaq Composite (^IXIC) ticked up by 0.2%. Stocks finished lower on Tuesday, even as concerns regarding China’s strict zero-COVID policy… Source link
Read More »Stock market news live updates: November 30, 2022
U.S. stocks ticked higher at Wednesday’s session open before giving up gains, continuing a sluggish start to the week as investors digested new economic data and awaited comments from Federal Reserve Chair Jerome Powell. The S&P 500 (^GSPC) inched lower by 0.1% in early trading, while the Dow Jones Industrial Average (^DJI) was down by 0.3%. The technology-heavy Nasdaq Composite (^IXIC) rose by 0.3%. Stocks finished lower on Tuesday, even as concerns regarding China’s strict zero-COVID… Source link
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