Treasury Secretary Steven Mnuchin on Tuesday criticized the top Democrats for what he categorized as idiosyncratic tactics and refusal to discuss any “reasonable deal” to provide relief to U.S. consumers and businesses affected by the Covid-19 pandemic. Wall Street had hoped that Mnuchin would support reports published on Monday night …
Read More »Stock futures are flying in overnight trading as the S&P 500 inches closer to record
A pedestrian pass for the New York Stock Exchange. Michael Nagle | Bloomberg | Getty Images Stock futures were flat on Monday in the stock market as the S&P 500 again failed to reach a record high, set a level before the coronavirus crisis hit. Futures on the Dow Jones …
Read More »Robinhood announces another mega-round, rating runs up to $ 11.2B
In this photo illustration, a Robinhood Markets logo is displayed on a smartphone. Rafael Henrique | SOPA images | LightRocket via Getty Images Venture capital investors are betting big on Robinhood this year with pandemic-plagued years when people sitting at home, especially younger investors, jump into trading with a stock …
Read More »Barrick Gold’s share grows after Buffett’s Berkshire public stake
Barrick Gold mining wool stone image | Getty Images Barrick Gold shares rose more than 7% in trading on Monday after legendary investor Warren Buffett’s Berkshire Hathaway revealed a stake in the gold miner. Buffett’s Berkshire Hathaway added a $ 562 million position in Barrick Gold in the second quarter, …
Read More »Stock futures open higher than S&P 500 trying to build on last week’s gains and reach full time
Traders work during the closing clock on the New York Stock Exchange (NYSE) on March 17, 2020 on Wall Street in New York City. Johannes Eisele | AFP | Getty Images US activists picked up on Sunday night after Wall Street announced its third consecutive weekly bid, but fell short …
Read More »