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June 5, 2021

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Ford sold nearly 162K vehicles in May, for 4.1% year-over-year gain

Detriot News
Detroit News – For more and to sign up click here Ford Motor Co. sold 161,725 vehicles last month, up 4.1% from May 2020, when the automotive industry was just beginning to mount a recovery from coronavirus pandemic-related sales slumps and production shutdowns. Ford’s truck sales were down 11.6% year-over-year......

AMC files to sell 11 million shares — stock immediately gives up big gain

CNBC
CNBC – For more and to sign up click here AMC Entertainment said Thursday it plans to sell more than 11 million shares amid the trading frenzy in its stock. “In accordance with the terms of the Distribution Agreement, we may, through our sales agents, offer and sell from time......

Coinbase Pro opens up to dogecoin after cryptocurrency’s 6,000% gain this year

CNBC
CNBC – For more and to sign up click here Monitors display Coinbase signage during the company’s initial public offering (IPO) at the Nasdaq MarketSite in New York, on Wednesday, April 14, 2021. Michael Nagle | Bloomberg | Getty Images Coinbase is finally getting into dogecoin. Starting Tuesday, the crypto......

Dow futures gain more than 100 points as optimism over economic recovery grows

CNBC
CNBC – For more and to sign up click here Traders working at the New York Stock Exchange (NYSE), today, Wednesday, April 21, 2021. Source: NYSE Stock futures rose in overnight trading Thursday, as optimism over economic recovery grows amid strong labor market data. Futures on the Dow Jones Industrial......

Gap sales top pre-pandemic levels, as turnaround efforts gain traction, retailer raises 2021 outlook

CNBC
CNBC – For more and to sign up click here A Gap store in New York, August 2, 2020. Scott Mlyn | CNBC Gap said Thursday its fiscal first-quarter sales surpassed pre-pandemic levels, as shoppers turned to Old Navy and Athleta to refresh their wardrobes for summer. The retailer raised......

Ferguson police chief working to gain public trust in officers and pursue

CBS News
CBS News – For more and to sign up click here Nearly seven years after 18-year-old Michael Brown was shot and killed by a police officer in Ferguson, Missouri, the current police chief of the city says his department is working hard to win the public’s trust.  “There is no policy......

Indian shares gain as financials rebound, SBI results awaited

Reuters
A broker reacts while trading at his computer terminal at a stock brokerage firm in Mumbai, India, June 29, 2015. REUTERS/Danish Siddiqui Indian shares rose on Friday, helped by a rebound in financial stocks, as investors awaited quarterly earnings results from State Bank of India, the country’s largest lender by......

Jim Cramer bets stocks will gain from the collapse in crypto, speculative assets

CNBC
CNBC – For more and to sign up click here An illustration of bitcoin on Euro banknotes. Nicolas Economou | NurPhoto via Getty Images CNBC’s Jim Cramer said Wednesday that there’s a silver lining for shareholders amid the big rout in cryptocurrencies. A major decline in crypto trading markets in......

After Helping Her Husband Gain Freedom, Maya Moore Savors Her Own

New York Times
Kurt Streeter When you speak with Maya Moore and her husband, Jonathan Irons, a single word comes up with drumbeat constancy. Freedom. “It’s everything to us,” Moore said during an interview last week. She wasn’t talking just about the fact that Irons is out of prison after serving 23 years......

Japan’s exports seen posting largest monthly gain since 2010

Reuters
A worker rides a bicycle in a container area at a port in Tokyo, Japan January 25, 2016. REUTERS/Toru Hanai Japan’s exports likely grew more than 30% year-on-year in April, the most in more than a decade, a Reuters poll showed on Friday, but the base effect was a major......

All eyes are on this inflation number, which could have the biggest gain in nearly a decade

CNBC
CNBC – For more and to sign up click here People buy groceries on a Walmart store on August 23, 2020 in North Bergen, New Jersey. Kena Betancur | VIEW press | Corbis News | Getty Images Consumer inflation data for April is expected to show the biggest year-over-year gain......

‘This Is Politics’: Dr. Rachel Levine’s Rise as Transgender Issues Gain Prominence.

New York Times
At the time, she said, there were “some attacks” on her, but “they were not that brutal.” But after she was elevated to health secretary and took a front-and-center position responding to the pandemic, the hate escalated. “She told me she was at a gas station early on in the......

Stocks gain, commodities rise on inflation worries

Reuters
The dollar fell and a gauge of global equity markets edged higher on Thursday as surging commodity prices spurred the prospect of rising inflation and led investors into economically sensitive stocks on the reflation trade. Aluminum prices approached levels last seen in 2018 and copper prices flirted with 10-year peaks.......

Private payrolls show big gain in April but still short of lofty expectations, ADP says

CNBC
CNBC – For more and to sign up click here Bartenders wearing protective masks assist customers sitting at the bar at Blooms Tavern in New York, U.S., on Monday, May 3, 2021. Nina Westervelt | Bloomberg | Getty Images Private job growth accelerated in April but fell a bit short......

Cramer says he owns ‘a lot’ of red-hot cryptocurrency ether that’s tripled bitcoin’s 2021 gain

CNBC
CNBC – For more and to sign up click here CNBC’s Jim Cramer said Tuesday he owns ether, the world’s second-largest cryptocurrency by market value. “I’ve got a lot of ether,” Cramer said on “Squawk Box,” explaining he initially acquired it in order to bid on nonfungible tokens, or NFTs,......

February home prices see the biggest gain in 15 years, S&P Case-Shiller says

CNBC Real Estate
A “For Sale” sign outside a house in West Palm Beach, Florida, April 7, 2021. Marco Bello | Bloomberg | Getty Images Home price gains continue to outpace expectations, as tight supply and strong demand lead to bidding wars. Nationally, prices in February rose 12% year over year, up from......

Stock futures tick higher after concerns over capital gain tax hike prompt selling

CNBC
CNBC – For more and to sign up click here Futures contracts tied to the major U.S. stock indexes ticked higher at the start of the overnight session as investors prepared to end a down week for equities amid concerns the White House could seek a hike to the capital......

Netflix’s dominance in streaming starts to slow as rivals gain ground.

New York Times
Netflix still rules the streaming universe. As of the end of March, it had 207.6 million total paying subscribers, with about 67 million in the United States, the company noted in an earnings report on Tuesday. But its main competitors — Disney+, HBO Max, Paramount+ and AppleTV+, as well as......

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