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May 23, 2022

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Stock futures rise after Dow falls for 8th-straight week in relentless sell-off

CNBC
CNBC – For more and to sign up click here Traders on the NYSE, May 20, 2022. Source: NYSE Stock futures rose in overnight trading Sunday after the Dow Jones Industrial Average fell for its 8th straight week amid a broader market sell-off. Futures on the Dow industrial average gained......

Wall Street ends mixed, Tesla falls

Reuters
A trader works on the trading floor at the New York Stock Exchange (NYSE) in Manhattan, New York City, U.S., May 19, 2022. REUTERS/Andrew Kelly Register now for FREE unlimited access to Reuters.com Register Ross Stores plunges after cutting 2022 forecast May 20 (Reuters) – Wall Street ended mixed on......

Stocks head for another potentially treacherous week, after S&P 500 falls into bear market territory

CNBC
CNBC – For more and to sign up click here Traders work on the floor at the New York Stock Exchange (NYSE) in Manhattan, New York City, U.S., March 7, 2022. Andrew Kelly | Reuters If there’s more bad news from retailers in the coming week, that could be a......

In PA, Barnette falls short; McCormick and Oz on the razor’s edge

USA TODAY – For more and to sign up click here Salena Zito PITTSBURGH — Pennsylvania Republican primary voters came home to their natural roots Tuesday evening after briefly flirting with insurgent candidate Kathy Barnette. The race’s final result was too close to call. Businessman Dave McCormick and celebrity doctor......

Homebuilder sentiment falls to 2-year low on declining demand and rising costs

CNBC Real Estate
Contractors work on concrete slabs in the Cielo at Sand Creek by Century Communities housing development in Antioch, California, on Thursday, March 31, 2022. David Paul Morris | Bloomberg | Getty Images Builder sentiment in the market for single-family homes fell sharply in May, as mortgage rates shot higher and......

Euro falls back towards 2017 lows on Russian energy crisis

Reuters
Euro retreats below $1.04, dollar gains Russian gas move adds to euro’s woes Yen set to snap nine-week losing streak LONDON, May 13 (Reuters) – The euro hovered near its weakest point since early 2017 on Friday after Russian sanctions led to disruptions in gas supplies to Europe, renewing fears......

Cryptocurrency luna crashes to $0 as UST falls further from dollar peg; bitcoin rebounds 8%

CNBC
CNBC – For more and to sign up click here Bitcoin staged a rebound on Friday, jumping above $30,000 despite the ongoing woes of stablecoin TerraUSD which has caused panic in the crypto market. The world’s largest cryptocurrency bitcoin was trading at around $30,262.85 at 4 a.m. ET on Friday,......

Wall Street falls on rate hike worries

Reuters
Traders work on the floor of the New York Stock Exchange (NYSE) in New York City, U.S., May 11, 2022. REUTERS/Brendan McDermid Register now for FREE unlimited access to Reuters.com Register Tapestry jumps after upbeat Q3 results Indexes down: Dow 0.72%, S&P 0.53%, Nasdaq 0.12% May 12 (Reuters) – Wall......

Niacet eyes $48.75 million expansion in Niagara Falls

FoodBusinessNews
NIAGARA FALLS, NY. — Niacet Corp., which was acquired last summer by Kerry Group, is considering a $48.75 million expansion at its manufacturing plant in Niagara Falls, according to paperwork filed with the Niagara County Industrial Development Agency. “This specific project is a novel production process utilizing a proprietary new......

SoFi stock falls after fintech firm accidentally releases first-quarter report early

CNBC
CNBC – For more and to sign up click here Shares of SoFi fell sharply on Tuesday and were halted for nearly three hours after the company accidentally released its first-quarter results early. The company said the report, which was scheduled for after market close on Tuesday, was released early......

An Oklahoma abortion clinic was a safe haven for women fleeing Texas ban. It will shut down if Roe falls

CNBC
CNBC – For more and to sign up click here Surgical tech Carissa and recovery room staff member Elise, walk a patient from Texas to the recovery room following her abortion at the Trust Women clinic in Oklahoma City, U.S., December 6, 2021. Evelyn Hockstein | Reuters The Tulsa Women’s......

Stock futures are higher after S&P 500 falls to its lowest level in more than a year

CNBC
CNBC – For more and to sign up click here U.S. stock futures were in positive territory early Tuesday morning after the S&P 500 fell to its lowest level in more than a year. Dow Jones Industrial Average futures were last up 210 points, or 0.65%. S&P 500 and Nasdaq......

Inflation outlook for consumers falls from record high, Fed survey shows

CNBC
CNBC – For more and to sign up click here A worker stocks items inside a grocery store in San Francisco, California, May 2, 2022. David Paul Morris | Bloomberg | Getty Images Consumers grew a little more optimistic about inflation in April, though they still expect to be spending......

Bitcoin falls to 22-month low as stock markets tumble

Reuters
HONG KONG / LONDON, May 9 (Reuters) – Bitcoin fell to its lowest level since July 2021 on Monday as slumping equity markets continued to hurt cryptocurrencies, which are currently trading in line with so-called riskier assets like tech stocks. Bitcoin dropped to as low as $32,763.16 shortly before 1100......

If Roe Falls, Is Same-Sex Marriage Next?

New York Times
“Roe’s defenders characterize the abortion right as similar to the rights recognized in past decisions involving matters such as intimate sexual relations, contraception and marriage,” Justice Alito wrote, “but abortion is fundamentally different, as both Roe and Casey acknowledged, because it destroys what those decisions called ‘fetal life’ and what......

Black unemployment rate falls to pandemic-era low in April

CNBC
CNBC – For more and to sign up click here Pedestrians walk past the New York Stock Exchange in New York. John Taggart | Bloomberg | Getty Images The unemployment rate for Black Americans dipped to a pandemic-era low in April, marking a new milestone in the labor market recovery......

Under Armour stock falls as company offers weak guidance, posts unexpected loss

CNBC
CNBC – For more and to sign up click here The interior of an Under Armour store is seen on November 03, 2021 in Houston, Texas. Brandon Bell | Getty Images Under Armour on Friday reported an unexpected loss and sales below analysts’ estimates as the company grappled with global......

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