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 »Bernie Madoff’s brother, co-conspirator Peter Madoff released from federal custody
Peter Madoff in 2002. Getty Images The younger brother of the infamous financier and Ponzi swindler Bernard Madoff was released from federal custody on Thursday after serving nearly nine years of 10-year self-punishment. The Federal Bureau of Prisons confirmed in an email that Peter Madoff was released from prison on …
Read More »Retail sales jumped sharply, but lack of congressional stimulus puts profits at risk
Keith Cunningham from South Carolina Walt Disney Clothing Stores at Bargain World Gift Shop near Walt Disney World, where it is undergoing a phase reopening of coronavirus (COVID-19) disease in Lake Buena Vista , Florida, July 11, 2020. Octavio Jones | Reuters Retail sales rose to a record high in …
Read More »Hot gambling stock DraftKings falls 6% to greater loss than expected
DraftKings fell more than 5% in premarket trading on Friday after it said its loss for the second quarter grew, despite strong revenue and a turnaround in user participation. The Boston-based gambling company posted a second-quarter loss of $ 161.4 million, or 55 cents a share, compared to a loss …
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