US Stocks Zoom to Record Highs as Job Market, Corporate Earnings Improve Initial unemployment claims fell by 14,000 to 385,000 in the week ended July 31, while layoffs dropped to their lowest level in more than 21 years. Aug 6, 2021By Reuters Coronavirus
Robinhood Shares Rise 50% to Mark Fourth Straight Day of Gains Wednesday marked the first day that investors could trade options on Robinhood shares, another way of betting on the stock. Aug 5, 2021By Reuters
Robinhood Valuation Hits $32 Billion as it Debuts on Wall Street The company founded by Stanford University roommates Vlad Tenev and Baiju Bhatt in 2013 is now worth some $32 billion. Jul 30, 2021By Jacob J
China's Tech Giants Tencent, Alibaba and Meituan Lose $237 Billion in Value in 48 Hours Pony Ma's Tencent lost about $170 billion in market value in July, marking the fastest evaporation of shareholder wealth in a month. Jul 29, 2021By Jacob J
Dow Jones Hits All-Time High as Megacap Tech Stocks Buoy Markets Vaccine maker Moderna was among the large corporations that made huge gains. Its shares jumped jumped 7.8 percent. Jul 24, 2021By Jacob J Coronavirus
Chinese Firm Revealed as Key Player in Trade of Sanctioned Oil From Iran and Venezuela The Hong Kong-registered firm, China Concord Petroleum Co, also known as CCPC, has quickly become an important partner for Caracas and Tehran. Jul 23, 2021By Reuters
Crude Price Spike Helps Halliburton Report 33% Jump in Second-Quarter Profits Global crude prices climbed 18.2% in the quarter ended June 30 and are up about 37% since the start of the year. Jul 21, 2021By Reuters
US Stocks Scale New Highs as Wall Street is Cheered By Robust Jobs Data The Labor Department's employment report showed nonfarm payrolls increased by 850,000 jobs last month. Jul 3, 2021By Reuters
Chevron Plans to Sell Oil and Gas Fields in Permian Basin Worth $1 Billion - Report Chevron is looking to sell lower-value assets, while some majors, like Royal Dutch Shell are considering exiting the formation entirely. Jul 1, 2021By Reuters
Dogecoin Rises as Elon Musk Supports Radical Upgrade Proposal To 'Joke' Bitcoin Birthday boy Elon Musk signals further support for his meme-based cryptocurrency project. Jun 28, 2021By Trishna Das
Crude Prices Could Top $100 in a Year; 'Last Oil Boom' is Taking Shape Along with increasing demand, 'structural underinvestment' over the last couple of years will also spur crude prices. Jun 23, 2021By Jacob J Coronavirus
S&P 500 Hits Record High as Wall Street Trusts the Fed on Inflation The S&P 500 index rose to a record high just under 4,240, while the Nasdaq Composite breached 14,000. Jun 11, 2021By Jacob J Coronavirus
Best Investment Options for 2021 DIFX is an ideal solution for getting the best of all worlds. It is a blockchain-based platform that offers investors all investment vehicles on a single platform. Jun 4, 2021By IBT Desk
US Dollar Declines to 3-Yr-Low Against Yuan as China's Economic Recovery Gathers Steam The greenback's decline was accelerated by the flight of global investors who seek safer assets. May 31, 2021By Jacob J Coronavirus
Ransomware Attack on US Crude Oil Grid; Colonial Pipeline Shuts Key Line Colonial Pipeline, which carries 45 per cent of the fuel supplies for the eastern US. May 9, 2021By IANS