Michael Sonnenshein, chief executive officer of Grayscale Investments LLC, speaks virtually during a Crypto Summit Feb. 25, 2021. Daniel Acker | Bloomberg | Getty Images Grayscale Investments plans on filing an application to convert the world’s biggest bitcoin fund into a spot ETF early next week, according to a person with knowledge of the matter.
Month: October 2021
In this article DPZ Domino’s in Denmark Francis Dean Domino’s Pizza shares were down more than 3% in premarket trading after the pizza chain’s third-quarter revenue fell short of estimates and its U.S. same-store sales turned negative. The pandemic brought skyrocketing demand for Domino’s pizza in its home market, but as consumers were vaccinated and
People gather for picnics beside the Harbour Bridge in the suburb of Kirribilli on September 19, 2021 in Sydney, Australia. Covid-19 restrictions have eased for people in NSW who are fully vaccinated. James D. Morgan | Getty Images News | Getty Images Fully vaccinated Australians arriving in Sydney from overseas will no longer have to
CNNMoney gets a preview of what the new 1 World Trade Center building will look like when it opens at the end of 2014.
People receive information as they attend a job fair at SoFi Stadium on Sept. 9, 2021, in Inglewood, California. PATRICK T. FALLON | AFP | Getty Images More than a third of jobless Americans are still long-term unemployed, and federal benefits for these workers ended more than a month ago. However, the number of
Elon Musk, Tesla CEO, stands in the foundry of the Tesla Gigafactory during a press event. year. Patrick Pleul | picture alliance | picture alliance | Getty Images Elon Musk on Thursday touted SpaceX’s plan to use Starlink for in-flight Wi-Fi, emphasizing that his company is in discussions with airlines to add the high-speed satellite
Christian travelers visit Jerusalem to retrace Jesus’ final footsteps along the Via Dolorosa, Muslims to revere the Dome of the Rock, and Jewish people to insert written prayers into the cracks of the Western Wall. Some people do all three. Come December, travelers will have a new option available to them when visiting Jerusalem. They
In this article GS GSBD David Solomon, chief executive officer of Goldman Sachs & Co., speaks during the Milken Institute Global Conference in Beverly Hills, California, U.S., on Monday, April 29, 2019. Kyle Grillot | Bloomberg | Getty Images Goldman Sachs is scheduled to report third-quarter earnings before the opening bell Friday. Here’s what Wall
In this article C A Citibank sign in front of one of the company’s offices in California. Justin Sullivan | Getty Images Citigroup is set to report its third-quarter earnings before the bell on Thursday. Wall Street is anticipating earnings per share of $1.65 on revenue of $16.97 billion, based on Refinitiv consensus estimates. Within
U.S. President Joe Biden delivers remarks on the September jobs numbers in the South Court Auditorium in the Eisenhower Executive Office Building on October 08, 2021 in Washington, DC. Chip Somodevilla | Getty Images The Biden administration on Friday unveiled a government-wide plan to address the systemic threat climate change poses to all sectors of
Peter Cade | Getty Images Federal Reserve officials are worried that inflation could last longer than they had anticipated, according to minutes from a recent meeting released this week. Now, a survey from Global Atlantic Financial Group shows that retirement age investors ages 59 to 75 are concerned inflation could wreak havoc on their investments.
Carrier aircraft VMS Eve takes off from Spaceport America in New Mexico, carrying spacecraft VSS Unity on July 11, 2021. Virgin Galactic Virgin Galactic is delaying the beginning of its commercial space tourism service to fourth quarter 2022, with the company on Thursday announcing a reorganization of its development and test flight schedule. The space
Are MBAs worth it? It depends on many factors, like whether you have the money, time and willingness to commit. In 2015, I enrolled in The University of Florida’s online MBA program, all while working a full-time job in finance. The degree cost me $60,000 and took two years to complete, but it gave me
U.S. stock index futures were little changed during overnight trading on Thursday, after the S&P 500 posted its best day since March on stronger-than-expected earnings. Futures contracts tied to the Dow Jones Industrial Average gained 36 points. S&P 500 futures advanced 0.11%, while Nasdaq 100 futures were up 0.12%. During regular trading the S&P 500
Wells Fargo signage on May 5th, 2021 in New York City. Bill Tompkins | Michael Ochs Archives | Getty Images Wells Fargo on Thursday posted a jump in profit in the third quarter, boosted by a release of its credit loss reserves as the recovery from the pandemic accelerated in 2021. Shares of the bank
In this article HOLX AA SPCE Virgin Galactic’s space tourism rocket plane SpaceShipTwo returns after a test flight from Mojave Air and Space Port in Mojave, California, December 13, 2018. Gene Blevins | Reuters Check out the companies making headlines in after hours trading Virgin Galactic — Shares of the space company fell more than
McDonald’s has experimented with many different menu items over the years. McPizza?! Yeah, McPizza. Here we rounded up 9 of the most bizarre food items that disappeared from the McDonald’s menu. MORE FAST FOOD CONTENT: Sneaky Ways Fast Food Restaurants Get You To Spend Money The Rise And Fall Of Subway Animated Map Shows Where
Greg Abbott, governor of Texas, speaks during a news conference in Mission, Texas, on Wednesday, Oct. 6, 2021. Sergio Flores | Bloomberg | Getty Images U.S. Education Secretary Miguel Cardona said that he disagrees with Texas Gov. Greg Abbott’s move to ban nearly any coronavirus vaccine mandates in the state. That’s because the move will
The shrinking U.S. workforce during the Covid pandemic is “going to cripple” the economic recovery, billionaire investor and businessman Barry Sternlicht warned Wednesday. The founder of Starwood Capital Group, which operates hotels as part of its broader portfolio, said the federal government should pay people go back to work, not to stay home. “The whole
In this article WBA Elizabeth Holmes, the founder and former CEO of blood testing and life sciences company Theranos, arrives for the first day of her fraud trial, outside Federal Court in San Jose, California. September 8, 2021. Nick Otto | AFP | Getty Images SAN JOSE, CALIF. — A defense attorney for embattled Theranos
In this article MS James Gorman, chief executive officer of Morgan Stanley, speaks during a Bloomberg Television interview on day three of the World Economic Forum (WEF) in Davos, Switzerland, on Thursday, Jan. 24, 2019. Simon Dawson | Bloomberg | Getty Images Morgan Stanley is set to report third-quarter earnings before the opening bell on
In this article BAC Bank Of America CEO Brian Moynihan is interviewed by Jack Otter during “Barron’s Roundtable” at Fox Business Network Studios on January 09, 2020 in New York City. John Lamparski | Getty Images Bank of America is scheduled to report third-quarter earnings before the opening bell Thursday. Here’s what Wall Street expects:
A Tesla salesperson (L) speaks to a visitor as they sit in a Tesla Model Y car at a Tesla showroom in Beijing on January 5, 2021. Wang Zhao | AFP | Getty Images BEIJING — Tesla took two of the top three spots for best-selling electric car models in China, industry data for the
There’s a growing push for students to get personal financial education in high school. But, according to U.S. Secretary of Education Miguel Cardona, that might not be early enough. “When I talk to students now, they talk about the need for financial literacy learning in a practical sense — how to look at debt and
Paul Taylor | Getty Images It’s maybe the most human question there is: What’s going to happen next? We all want to know where we’re going, what bad will befall us, what good turns our lives may take. When it comes to our money, these questions feel especially high-stakes. What if that investment decision backfires?
Global investor Barry Sternlicht told CNBC on Wednesday he continues to hold a cautious view on investing in China. “We’re not investors directly in China,” the chairman and CEO of Starwood Capital Group said in an interview on “Squawk Box.” “It’s not a China thing, so much as countries where we think the deck is stacked or we can’t
It’s a big week for Jeff Bezos’ inner “Trekkie.” On Wednesday, the Amazon and Blue Origin founder lived out something of a childhood fantasy by launching Captain James T. Kirk — that is, the “Star Trek” actor who portrayed Kirk, 90-year-old William Shatner — to the edge of space in a Blue Origin New Shepard
Traders work on the floor at the New York Stock Exchange. Brendan McDermid | Reuters U.S. stock futures were little changed Wednesday night after the S&P 500 snapped a three-day losing streak as companies kicked off the quarterly earnings season. Dow Jones Industrial Average futures fell 0.01%. S&P 500 and Nasdaq 100 futures inched up
In this article DAL Delta Air Lines Airbus A330neo or A330-900 aircraft with neo engine option of the European plane manufacturer, as seen departing from Amsterdam Schiphol AMS EHAM International airport. Nicolas Economou | NurPhoto | Getty Images Delta Air Lines on Wednesday reported a quarterly profit and higher-than-expected revenue for the third quarter, but
Migrants expelled from the U.S. and sent back to Mexico under Title 42, walk towards Mexico at the Paso del Norte International border bridge, in this picture taken from Ciudad Juarez, Mexico October 1, 2021. Jose Luis Gonzalez | Reuters The Biden administration on Wednesday defended its use of a Trump-era health law to deport
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