Investors are likely to enjoy particularly happy holidays this year. Unless there is a surprise drop at the end of December, the stock market will post strong gains in 2023. The big question now is: Can the momentum continue into the new year? For those who look to the past to see what might happen … [Read more…]
Last year, many investors were very afraid of a recession. But the Federal Reserve Bank’s decision to pause interest rate hikes has many on Wall Street now calling for a so-called soft landing – or bringing inflation under control without triggering a recession. There is more good news. While Nasdaq Composite has already gained 43% … [Read more…]
SPRINGFIELD, Ill. (AP) — It was the dog that got stuck on the towering grain silos in northeast Springfield in 2019 that forced Chris Richmond into action. The stray had found its way to the top of the gigantic Pillsbury Mills, which was a flour-processing engine of the central Illinois city’s economy for decades but … [Read more…]
Native cryptocurrency Solana continued its spectacular three-week-long rise, breaking $110 on Sunday morning. This is strong evidence of resilience. The price of SOL has risen sharply, reaching levels not seen since the night before Terra collapsed a year and a half ago. This comes with a significant increase in meme coin activity in the cryptocurrency … [Read more…]
An expedition cruise ship temporarily lost power after it was hit by a violent wave on Thursday. There were no serious injuries among guests or crew members on board the MS Maud ship, operated by HX, formerly Hurtigruten Expeditions. According to a spokesman, the ship was en route from Florø (Norway) to Tilbury (England) at … [Read more…]
Check out what’s happening at FoxBusiness.com Uber and Lyft rideshare drivers protested at the Atlanta airport on Saturday, disrupting travel during one of the busiest holiday travel seasons, to demand better pay. Drivers turned off their apps at 4 p.m. and remained parked at Hartsfield-Jackson Atlanta International Airport for several hours, disrupting holiday traffic, FOX … [Read more…]
Photo credit: Pavlo Gonchar/SOPA Images/LightRocket/Getty Images Hey guys, welcome to Week in Review (WiR), TechCrunch’s regular newsletter that rounds up the top tech and technology-related stories from the last few days. With the holidays just around the corner, this reporter expected a quieter week. But the opposite happened – there was no shortage of stories … [Read more…]