US News

U.S. government debt prices ticked higher Friday, as investors digested the fact that the number of new coronavirus cases in the U.S. shows no sign of slowing. The yield on the benchmark 10-year Treasury note was lower around 0.6037% in early trading, while the yield on the 30-year Treasury bond slipped to around 1.2975%. Bond yields fall as their prices
0 Comments
Mark Zuckerberg and Anthony Fauci Source: Facebook Facebook CEO Mark Zuckerberg on Thursday criticized President Trump’s handling of the Covid-19 pandemic, saying he was disappointed by the administration’s response.  “At this point, it is clear that the trajectory in the U.S. is significantly worse than many other countries and that our government and this administration
0 Comments
A member of a ground crew walks past American Airlines planes parked at the gate during the coronavirus disease (COVID-19) outbreak at Ronald Reagan National Airport in Washington, April 5, 2020. Joshua Roberts | Reuters American Airlines‘ top executives on Wednesday backed an effort to extend billions in federal aid to protect aviation jobs through March
0 Comments
David Solomon, CEO, Goldman Sachs, speaking at the World Economic Forum in Davos, Switzerland, Jan. 23, 2020. Adam Galacia | CNBC Goldman Sachs is scheduled to report second-quarter earnings before the opening bell Wednesday. Here’s what Wall Street expects: Earnings: $3.78 per share, a 35% decline from a year earlier, according to Refinitiv. Revenue: $9.75
0 Comments
Masayoshi Son, chairman and chief executive officer of SoftBank Group Corp., gestures whilst speaking during a news conference in London, on Monday, July 18, 2016. Chris Ratcliffe | Bloomberg | Getty Images SoftBank has hired Goldman Sachs to explore both an initial public offering and a sale of U.K. chip designer Arm Holdings, according to
0 Comments
Pepsi soft drinks are displayed at a convenience store in San Francisco, California. Justin Sullivan | Getty Images PepsiCo on Monday reported that its quarterly revenue fell as fewer consumers bought its drinks at restaurants or convenience stores amid the coronavirus pandemic. The company did report growth for its food items, such as Cheetos and oatmeal,
0 Comments
Direxion is doubling down on buy-and-hold bets. The firm launched three new exchange-traded funds in early June meant for long-term investors: the Direxion High Growth ETF (HIPR), the Direxion Dynamic Hedge ETF (DYHG) and the Direxion Fallen Knives ETF (NIFE). For David Mazza, head of product at Direxion, ”what HIPR is really about is how do
0 Comments
Sen. Mitt Romney, R-Utah, leaves the Senate Republican Policy luncheon in Russell Building on Tuesday, March 17, 2020. Tom Williams | CQ-Roll Call | Getty Images WASHINGTON — Sen. Mitt Romney, R-Utah, on Saturday criticized President Donald Trump’s decision to commute the prison sentence of Roger Stone, calling it “unprecedented, historic corruption.” “An American president commutes the
0 Comments
RJ Scaringe, founder and chief executive officer of Rivian Automotive Inc., unveils the R1T electric pickup truck, left, and R1S electric sports utility vehicle (SUV) during a reveal event at AutoMobility LA ahead of the Los Angeles Auto Show in Los Angeles, California. Bloomberg | Bloomberg | Getty Images As shares of electric truck maker Nikola
0 Comments
A SpaceX Falcon 9 rocket successfully launches carrying the Es’hail-2 communications satellite for the country of Qatar on November 15, 2018 at  the Kennedy Space Center in Florida. NurPhoto | NurPhoto | Getty Images United States space companies are hoping to get more help against foreign competitors through financing from the U.S. Export-Import Bank, a federal
0 Comments