$83 oil shifts from economic bright spot to villain

Oil analyst explains the ‘confluence of events that are pushing prices higher’ The Schork Group principal Stephen Schork explains why he believes higher energy prices ‘are here to stay.’  In recent years, when oil prices increased, it was generally signaling good things about the U.S. and global economy.  However, with oil crossing the $83-per-barrel level Monday, the winds have shifted […]

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5 Top Stocks to Buy Now With Expected Dividend Hikes This Week

After years of a low interest rate environment, many investors have turned to equities not only for the growth potential but also for solid and dependable dividends, which help to provide an income stream. What this equates to is total return, which is one of the most powerful investment strategies going. We like to remind our readers about the impact […]

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UK intervenes in bid by U.S. aviation firm Parker for Meggitt

FILE PHOTO: General view of the Big Ben clock tower in London, Britain, August 17, 2021. REUTERS/Hannah McKayLONDON (Reuters) -Britain said on Monday it was intervening in a proposed 6.3 billion-pound ($8.65 billion) takeover by U.S. engineering and aerospace firm Parker-Hannifin of its British rival Meggitt, citing national security grounds. The business minister Kwasi Kwarteng issued a so-called “intervention notice” […]

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First bitcoin futures ETF to make its debut Tuesday on the NYSE, ProShares says

The ProShares bitcoin-linked exchange-traded fund will make its debut officially on Tuesday. A futures-based ETF won't allow investors to buy bitcoin directly but is still a significant regulatory feat for the crypto industry. Three other bitcoin futures ETFs are expecting to move forward with their launches this month. The first bitcoin-linked exchange-traded fund will make its debut officially on Tuesday. […]

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China denies report of hypersonic missile test, says tested space vehicle

FILE PHOTO: Chinese Foreign Ministry spokesman Zhao Lijian attends a news conference in Beijing, China September 10, 2020. REUTERS/Carlos Garcia RawlinsBEIJING (Reuters) -China tested a space vehicle in July, not a nuclear-capable hypersonic missile as reported by the Financial Times, the Chinese foreign ministry said on Monday. Quoting five people familiar with the matter, the Financial Times reported on Saturday […]

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Amtrak train collides with semi-truck hauling cars in Oklahoma, injures 4 passengers

Amtrak train rams semi-truck in Oklahoma An Amtrak train collided with a semi-truck hauling cars in Oklahoma on Friday, leaving four train passengers with minor injuries. An Amtrak train collided with a semi-truck hauling multiple cars in Oklahoma on Friday, sending vehicles hurling into the air and injuring four passengers on board the train, authorities said. The train was traveling […]

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Czech opposition parties plan lower 2022 budget deficit after election win

FILE PHOTO: Leader of Civic Democratic Party (ODS) and Together (SPOLU) coalition candidate for prime minister Petr Fiala attends the last radio debate before the country’s parliamentary election in Prague, Czech Republic, October 8, 2021. REUTERS/Bernadett Szabo/File PhotoPRAGUE (Reuters) – Czech opposition parties seeking to form a new government will aim to rework the 2022 budget to cut the planned […]

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Bitcoin continues climb, breaking $61,000 in overnight trading

Fox Business Flash top headlines for October 15 Check out what’s clicking on FoxBusiness.com. Bitcoin continued to climb overnight and was trading almost 4.4% higher early Saturday morning at nearly $61,700. Bitcoin rivals Ethereum and Dogecoin were trading around $3,915 (+3.41%) and nearly 24 cents (+4.6.9%) per coin, respectively, Coindesk reported. Cryptocurrency Tether and crypto exchange Bitfinex have agreed to […]

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