Erin Heffernan, Jacob Barker ST. LOUIS — A nursing home in north St. Louis suddenly closed Friday evening, forcing about 170 residents to be relocated via shuttle bus and leaving more than 100 workers unpaid, union officials said. The last resident was moved before dawn on Saturday. Family members and friends gathered at the Northview … [Read more…]
3 hours ago The Invesco Solar ETF rises more than 5% as the Fed releases interest rate cut forecast The Federal Reserve’s plans for three rate cuts in 2024 helped boost the Invesco Solar ETF (TAN) on Wednesday. The fund rose almost 5.6%. The prospect of lower interest rates is good news for solar stocks. … [Read more…]
25 minutes ago Bitcoin surpasses $40,000 Bitcoin has topped $40,000, a new annual high, as investors are bullish ahead of a possible U.S. approval of a Bitcoin exchange-traded fund and traders bet that the Federal Reserve will start cutting interest rates next year. Bitcoin was recently up 6% to around $42,000. The cryptocurrency is now … [Read more…]
Traders work on the floor at the New York Stock Exchange (NYSE) in New York City, U.S., November 15, 2023. Portal/Brendan McDermid ACQUIRES LICENSE RIGHTS Nov 17 (Portal) – The S&P 500 index rose slightly on Friday as investors digested recent gains, while comments from Federal Reserve officials clouded prospects about when the U.S. central … [Read more…]