Friday’s losses come on the heels of a 300-point loss for the Dow industrials after a media report that President Joe Biden is weighing a plan to nearly double capital-gains tax on the wealthy. While stocks bounce back Friday, bitcoin remains under pressure.
A Centers for Disease Control and Prevention committee voted to let Americans once again receive Johnson & Johnson’s single-shot COVID-19 vaccine without any additional stipulations.
So much for a lasting tax-inspired selloff. Here’s why stock-market investors were quick to put worries about a proposed jump in the capital-gains tax rate for wealthy investors behind them after Thursday’s market dip.
President Joe Biden is poised to formally recognize the Armenian genocide of the early 20th century, U.S. officials said, a rare step that would further inflame ties with Turkey.
Olympic athletes will not be allowed to take a knee, raise a fist or otherwise protest on fields of play or medal podiums, the International Olympic Committee said Wednesday, in an announcement upholding its current ban on political demonstrations.
Bitcoin is setting up for a near-term downturn that could see it shed a good chunk of its recent gains, even if the longer-term outlook appears healthy for the world’s No. 1 crypto.
It was a $1 or bust for the dogecoin community on Wednesday—and now it seems like dogecoin fanatics are just left with the bust. However, a failed attempt at producing an epic rally in doge doesn’t seem to have deflated the staunchest supporters of the parody coin.
Big publicly traded companies from the defense and tech sectors were among the organizations that donated the maximum allowed amount of $1 million to President Joe Biden’s inauguration committee, according to a new disclosure.
U.S. stocks ended higher Wednesday, snapping a two-session losing streak, despite concerns over global COVID-19 infections rising and Netflix Inc. reporting disappointing subscriber numbers.
Chipotle Mexican Grill Inc. zooms past Wall Street expectations for its first quarter, saying new menu items, ongoing strength for its online orders, and a tailwind from stimulus checks pushed sales more than 20% higher.
The recent rise in Covid-19 cases in the U.S. has largely been driven by a handful of states, many of them the same places that first emerged as hot spots a year ago. Through Monday, about 75% of the previous week’s new cases in the U.S. came from Michigan, Florida, New York, Pennsylvania and New Jersey.