It just keeps getting better for Nvidia shareholders. Soaring to a fresh record on Tuesday, the white-hot semiconductor stock is now up 181 percent during the past year, and an incredible 1,021 percent in the past three. What makes the run even more impressive is that the stock has essentially only gone in one direction. […]
Read moreConsumers today are more optimistic about the economy, their jobs and the housing market, but that doesn’t mean they’re buying more homes. Total mortgage application volume fell 2.1 percent last week, according to the Mortgage Bankers Association’s seasonally adjusted report. While most of the drop stemmed from a continued reduction in refinance activity, applications to […]
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Brexit is putting a ‘cloud of uncertainty’ over UK economy, says finance minister
The negotiations to leave the European Union are hurting the British economy by putting it under a “cloud of uncertainty,” the U.K.’s finance minister said in parliament on Wednesday. The U.K. “is fundamentally robust” and there are “some very positive things going on, with a strong outlook for the future,” Philip Hammond said. But he […]
Read moreU.S. President Donald Trump will make a working visit to Britain in early 2018, with a full state visit to follow later at an unspecified date, the London Evening Standard newspaper reported on Wednesday. Prime Minister Theresa May‘s office declined to comment on the visit, and said its position on the state visit had not […]
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Spanish leader Rajoy demands clarity on Catalonia crisis, hints at using 'nuclear option'
Spanish Prime Minister Mariano Rajoy has said the government has agreed to formally ask regional authorities in Catalonia whether it had declared independence or not, after an ambiguous statement from Catalan President Carles Puigdement. Addressing the Spanish parliament on Wednesday morning, Rajoy said that this requirement “comes before any other measure that could be taken […]
Read moreNorth Korean hackers used fake emails to try to infiltrate U.S. electric companies, a report released Tuesday revealed. Cybersecurity firm FireEye detected and stopped the so-called spear phishing attack — when attackers send emails containing malicious links. When a person clicks the link, it could open the doors for hackers to enter an organization’s network. […]
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Tesla shares have crushed the market’s performance for years, but patience is starting to run thin among some investors after Chairman and CEO Elon Musk’s too ambitious Model 3 production goals. In the third quarter, Tesla delivered 26,150 total vehicles and just 220 Model 3 cars versus Wall Street analyst consensus estimates for 25,860 and […]
Read moreA cryptocurrency start-up has taken out a full-page ad in the Wall Street Journal to take a dig at JPMorgan Chase CEO Jamie Dimon, who recently called bitcoin a “fraud”. Switzerland-based start-up Eidoo launched Wednesday and bills itself as a digital wallet for people to hold ethereum, the second-largest cryptocurrency by market cap. It has […]
Read moreSecurity videos showing the estranged half-brother of North Korea’s leader being attacked at a Malaysian airport and the two suspects hurrying away afterward were presented at their murder trial on Wednesday. Kim Jong Nam was seen arriving at the departure hall at the budget terminal of the Kuala Lumpur international airport the morning of Feb. […]
Read moreBNP Paribas, France’s biggest listed bank, said on Wednesday it would no longer work with oil and natural gas companies that primarily do business in shale or oil sands as it plans to boost support for renewable energy projects. The bank also said that it would no longer finance new projects that are primarily involved […]
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