Tag Archives: short

Federal Reserve officials this week reiterated their support for loose monetary policy and downplayed the threat of inflation, despite a recent report that showed in April the Consumer Price Index (CPI) increased at its fastest rate in more than a decade. The stay-the-course approach from Fed officials defies criticism from some economists on the left and right over fears of a persistent spike in inflation that could derail the economic recovery. Such critics rightly worry about continued… Source link

Republican leaders in Congress sought to distance themselves Tuesday from comments made by Rep. Marjorie Taylor Greene, R-Ga., that compared House Speaker Nancy Pelosi’s mask mandate in the House of Representatives to the killing of 6 million Jews in the Holocaust by Nazi Germany.  The controversy was just the latest in a series of incendiary comments from Greene that stretch back to before she was elected last year. “Marjorie is wrong, and her intentional decision to compare the horrors of… Source link

Bloomberg AT&T’s WarnerMedia, Discovery to Merge in Blockbuster Deal (Bloomberg) — AT&T Inc. agreed to spin off its media operations in a deal with Discovery Inc. that will create a new entertainment company, merging assets ranging from CNN and HBO to HGTV and the Food Network.The transaction values the combined entity at about $130 billion including debt, based on WarnerMedia’s estimated enterprise value of more than $90 billion.AT&T will receive $43 billion in cash, debt securities and… Source link

Bloomberg As Sanjeev Gupta Rose From Trader to Tycoon, Several Banks Backed Away (Bloomberg) — British industrialist Sanjeev Gupta’s companies seemed to be prospering until his main lender, Greensill Capital, imploded last month. But long before Greensill collapsed, several banks had cut off the commodity trading business of Gupta’s Liberty House Group.Four banks stopped working with Gupta’s commodity trading business, starting in 2016, after they became concerned about what they… Source link

Firework is the brainchild of co-founders Vincent Yang and Jerry Luk, that officially launched in … [+] 2017. Firework App Serial entrepreneur Vincent Yang envisioned his next project after a trip in China. An app called Douyin had exploded in the country and offered users compelling short form video. He wanted to create a similar experience for American users.  He knew that ByteDance, the parent company of Douyin, had acquired an app called Musical.ly in 2017, and had… Source link

Fool’s gold? The SEC alleges that a stock manipulator sucked investors into a worthless company by claiming it was about to become a big player in cannabis. If you’ve been following the ludicrous saga of trading in GameStop shares, you’ve probably heard about how short sellers try to profit by manipulating stocks to fall in price. But that’s not the only way people try to play the market. The Securities and Exchange Commission just unveiled fraud charges against a trader allegedly trying to… Source link

Bloomberg China Producer Prices Jump, Adding to Global Inflation Risks (Bloomberg) — China’s producer prices rose at the fastest pace in more than two years in February, joining more expensive oil, computer chip shortages and soaring shipping costs as tailwinds for global inflation pressures.The Chinese producer price index rose 1.7% from a year earlier, official data showed Wednesday, stronger than economists’ forecasts for a 1.5% increase and up from 0.3% in January. Consumer prices… Source link

TipRanks Raymond James: These 3 Stocks Are Poised to Surge by at Least 50% In a recent note on the state of the stock markets, Raymond James equity strategist Tavis McCourt points out a series of policy factors that are playing a role in the current market volatility; the situation is more complex, perhaps, than most of us have been willing to admit. McCourt notes permutations of the SLR rule, political dynamics on the Senate Banking Committee, and the regulatory atmosphere towards potential… Source link

QINGDAO, China, March 1, 2021 /PRNewswire/ — SOS Limited (NYSE: SOS) (the “Company” or “SOS”) was recently attacked by short sellers with distorted, misleading, and unsubstantiated claims regarding the Company. The Company also believes certain social media accounts of some Company board members may have been impersonated or disabled for short periods of time. The Company believes these attacks were purposefully designed to manipulate the price of the Company’s shares, with the aim of… Source link

Google’s John Mueller answers questions about SEO best practices for news websites, particularly as it relates to publishing shorter articles. News sites shouldn’t be overly concerned with the length of articles, Mueller says, as shorter articles are sometimes fine for the given query. This is discussed during the Google Search Central SEO hangout recorded on February 19. An SEO named Lene Hegland, who runs a news website, asks Mueller about the risks of having short articles viewed as thin… Source link