Trump Social-Media SPAC Deal Being Investigated By SEC

Trump Social-Media SPAC Deal Being Investigated By SEC

Regulators are investigating a deal between Donald Trump’s new social-media venture and a special-purpose acquisition company that would take the former president’s company public, according to a Monday securities filing. The Securities and Exchange Commission is probing a potential merger between Trump Media & Technology Group and the SPAC Digital World Acquisition Corp . , … Read more

These money and investing tips can help you if a Santa Claus rally is coming to town

These money and investing tips can help you if a Santa Claus rally is coming to town

Don’t miss these top money and investing features: Be a smarter investor. Sign up here to get MarketWatch’s best mutual funds and ETF stories emailed to you weekly!INVESTING NEWS & TRENDSInsider buying says a Santa Claus rally is on the way — here are 10 stocks they favor Hang on to your stock-market exposure and add … Read more

Stocks Rise After Omicron-Driven Selloff

Stocks Rise After Omicron-Driven Selloff

U.S. stocks rose Thursday after a seesaw week, driven by uncertainty about the potential impact of the Omicron Covid-19 variant. The S&P 500 edged up 1.6%, indicating the broad-market index may recoup some losses. The Dow Jones Industrial Average rose nearly 2%, adding more than 600 points, while the Nasdaq Composite gained 0.9%. Source link

Russia Expels Some U.S. Diplomats in Latest Tit-for-Tat Action

Russia Expels Some U.S. Diplomats in Latest Tit-for-Tat Action

Russia ordered U.S. Embassy staff who have been in Moscow for more than three years to leave the country by Jan. 31, a move that comes a day before diplomats hold talks to address the worsening relationship between the two countries. Foreign ministry officials on Wednesday indicated that the decision to remove the U.S. Embassy … Read more

Fashion Designer Virgil Abloh Dies of Cancer at Age 41

Fashion Designer Virgil Abloh Dies of Cancer at Age 41

PARIS—Virgil Abloh, the U.S. designer who championed streetwear and hip-hop culture in luxury fashion as one of the industry’s most prominent Black executives, died on Sunday, according to a post on his Instagram account. He was 41 years old. The cause was cardiac angiosarcoma, a rare and aggressive cancer. Mr. Abloh was diagnosed more than … Read more

These money and investing tips can help a tough Friday for your portfolio become an easier Monday

These money and investing tips can help a tough Friday for your portfolio become an easier Monday

Don’t miss these top money and investing features: Sign up here to get MarketWatch’s best mutual funds and ETF stories emailed to you weekly!INVESTING NEWS & TRENDSHow one rate hike by a small African nation could derail Powell’s Fed inflation-fighting plans and sink stocks Investors need to stop obsessing about the Fed taper and pay attention … Read more

In San Francisco, Parent Anger Focuses on School Board Recall – The Wall Street Journal

In San Francisco, Parent Anger Focuses on School Board Recall - The Wall Street Journal

In San Francisco, Parent Anger Focuses on School Board Recall The Wall Street Journal’Does more harm than good’: ‘Cringe’ SF recall ad with ‘Gaybraham Lincoln’ gets roasted SFGateView Full Coverage on Google News Source link

Here’s Where the Money to Pay for Biden’s Budget Bill Will Come From

Here’s Where the Money to Pay for Biden’s Budget Bill Will Come From

Higher taxes are on the way for the very wealthy, and corporations. But when these changes begin, and what they’ll involve, remain unsettled as lawmakers debate how to pay for President Joe Biden’s $1.8 trillion budget bill. The House passed its version of the expansive social spending and climate plan on Nov. 19, despite a … Read more

Global Markets Drop on Concerns Over New Covid-19 Variant

Global Markets Drop on Concerns Over New Covid-19 Variant

Global equity markets and U.S. stock futures fell after South Africa raised the alarm over a new, fast-spreading strain of the coronavirus, triggering concern about the potential for new travel restrictions or other curbs that could limit economic activity. With U.S. stocks set for a shortened trading session after a one-day Thanksgiving break, market participants … Read more

U.S. Jobless Claims Reach 52-Year Low

U.S. Jobless Claims Reach 52-Year Low

Weekly jobless claims fell sharply to the lowest level in 52 years, reflecting the labor market’s tightening as the economy recovers from the effects of the pandemic. Worker filings for initial unemployment benefits, a proxy for layoffs, dropped 71,000 to 199,000 last week, the lowest level since November 1969, the Labor Department reported Wednesday. Source … Read more