Elon Musk has become bitcoin’s biggest influencer, like it or not

Fox Business Flash top headlines for May 21 Check out what’s clicking on FoxBusiness.com. When Elon Musk speaks, bitcoin investors listen. The Tesla chief executive’s often-cryptic messages have sent bitcoin’s price on a roller-coaster ride this year. Prices soared nearly 20% one January morning when he added "#bitcoin" to his Twitter biography. They jumped 16% in a single day the […]

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British employers call for economic transformation after COVID-19

FILE PHOTO: People walk past a sign in a shop window amid the outbreak of the coronavirus disease (COVID-19) in Manchester, Britain, December 15, 2020. REUTERS/Phil Noble/File PhotoLONDON (Reuters) – British employers called on Prime Minister Boris Johnson on Monday to overhaul regulation and tax rules to help them meet the challenges of Brexit, the post-pandemic recovery and preparing for […]

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The US eyes possible 'Roaring '20s' recovery

A version of this story first appeared in CNN Business’ Before the Bell newsletter. Not a subscriber? You can sign up right here. New York (CNN Business)The gut-wrenching gyrations on Wall Street make me think of a roller coaster I used to ride when I was a teen: The Great American Scream Machine. The ups and downs of the market […]

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CNN drops former senator Rick Santorum after remarks on Native American culture

FILE PHOTO: U.S. Republican presidential candidate Rick Santorum speaks at the New Hampshire GOP’s FITN Presidential town hall in Nashua, New Hampshire January 23, 2016. REUTERS/Mary Schwalm(Reuters) – Former Republican U.S. senator Rick Santorum has been dropped as a senior political commentator by CNN after remarks he made about Native American culture drew criticism. Santorum gave a speech in April […]

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First-time investors seen aiding stock market surge

In FY21. more than 14 million new demat accounts were opened, almost thrice the previous year’s 4.9 million accounts A good part of the Indian stock market’s rally over the past 14 months, even as the COVID-19 pandemic has shrunk economic activity and left millions without jobs, has been fuelled by a jump in first-time investors, according to equity analysts. […]

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Virgin Galactic rocket ship ascends from New Mexico

SANTA FE, N.M. — Virgin Galactic on Saturday made its first rocket-powered flight from New Mexico to the fringe of space in a manned shuttle, as the company forges toward offering tourist flights to the edge of the Earth’s atmosphere. Virgin Galactic announced the firing of VSS Unity’s rocket motor to hurtle the ship and two pilots toward space. A […]

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China says to uphold leadership of Communist Party in Tibet

BEIJING (Reuters) – China will uphold the leadership of the Communist Party in Tibet to further its economic development, and guide Tibetan society in accordance to socialism, the region’s top official said on Saturday.FILE PHOTO: Paramilitary police officers salute during a change of flag duty in front of Potala Palace in Lhasa during a government-organised tour of the Tibet Autonomous […]

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Cathie Wood’s ARK Invest Buys for 5\/21

The broad markets had a somewhat mixed close to the week, and ARK Investors weren’t thrilled with Friday’s session either. ARKX performed the best out of the group up about 0.3%, while ARKF and ARKK lagged the rest of the group down 0.7% each. The gains from last year are slowly sliding away, but Cathie Wood may have something up […]

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