A far-right organization that had videos retweeted by President Donald Trump was one of several white nationalist Twitter accounts suspended Monday. Trump caused controversy in November after he retweeted anti-Muslim videos originally posted on Twitter by the organization Britain First. The U.S. leader was criticized by the U.K. Prime Minister Theresa May who said he […]
Read moreApple’s AirPods appear to be sold out through the holiday season, according to locations tracked on Apple’s U.S. website and based on a scan of other top shopping sites. If you attempt to buy the wireless earbuds on Apple’s site, they won’t be delivered until early January at the soonest. Amazon doesn’t have any new […]
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The Dow Jones industrial average just did something it has never done in its 121-year history. The 30-stock average is now up more than 5,000 points in a year, marking its biggest annual-points gain ever. This following a 140-point rally Monday which sent it to an all-time high. The Dow also notched a record close […]
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A hedge fund run by legendary investor Bill Miller is now half invested in bitcoin. “It’s just about 50 percent right now,” Miller said regarding his MVP 1 fund on the WealthTrack podcast with Consuelo Mack released last week. Miller founded Miller Value Partners in 2016 after a 35-year career at Legg Mason, where he […]
Read moreShares of cloud company Akamai jumped 15 percent Monday after investment firm Elliott Management said it bought a 6.5 percent stake in the company. The hedge fund said on Friday the stock was undervalued and that Akamai’s $9.7 billion market value didn’t reflect the uses of its platform, which speeds up content delivery over the […]
Read moreConfidence among the nation’s homebuilders jumped unexpectedly in December on expectations for a stronger economy. A monthly reading of homebuilder sentiment rose 5 points to 74. This is the highest reading since 1999. Fifty is the line between positive and negative sentiment on the National Association of Home Builders’ index. November’s reading was revised lower […]
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Goldman Sachs predicts the calm markets will continue next year and found the stocks that thrive in a low-volatility environment. The firm recommends a strategy based on a ratio from a Nobel Prize–winning economist. “Low volatility across asset classes has been a defining characteristic of 2017. For equities, realized volatility ranks in the 1st percentile […]
Read moreBritish police arrested a man who tried to force his way into a military base in central England used by the U.S. air force, triggering a brief lockdown. The Mildenhall Royal Air Force base said security staff locked down the base, used by the United States to refuel U.S. and NATO aircraft in Europe, at […]
Read moreGlobal central banks will start holding digital currencies in the next year, the chief executive of a cyrptocurrency wallet platform told CNBC Monday. “I think this year will be the first year we start to see central banks start to hold digital currencies as part of their balance sheet,” Peter Smith, CEO of Blockchain, told […]
Read moreShares of CSX Corporation fell 2 percent in premarket trading Monday in the wake of CEO and railroad turnaround specialist Hunter Harrison’s passing on Saturday. The executive was renowned in the industry for his ability to save struggling freight railroads, having spent years reforming two of Canada’s largest railways before taking the helm at CSX […]
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