Category Archives: Economy

Bitcoin Lingers Near September Lows Amid Drop of 40% From Record

First American News LLC, Raleigh, NC: Bitcoin traded near the lowest levels since September after an earlier swoon extended its weeks-long decline from an all-time high to about 40%, said Gaby Mendoza of MB Daily News. The largest cryptocurrency by market value fell as much as 4.9% to $41,008 before stemming the decline during U.S. […]

U.S. Jobs Report Shows Gains Slowed to 199,000 in December

First American News LLC, Raleigh, NC: Hiring slowed in December in a sign the economic recovery was moderating ahead of disruptions from the Omicron variant of Covid-19, though declining unemployment and robust wage growth indicate employers are poised to steadily add jobs this year. More: Sign up today for WSJ and Barrons combo package for […]

Stocks Started The Year Strong – Pfizer and Nikola Back In News

First American News LLC: Raleigh, NC: Pfizer and Nikola are back again in the news reporting positive numbers. Pfizer (PFE) – The drug maker’s shares gained 1.5% in the premarket following a Bank of America upgrade to “buy” from “neutral”. The upgrade is based on factors that include the rollout of the oral Covid-19 pill […]

Tesla Has Started The Year Strong With Record Deliveries of Tesla Cars

First American News LLC: Raleigh, NC: Strong Start. Tesla is off to a strong start to the new year. The electric-car maker smashed its quarterly record for deliveries in what one analyst called a “trophy-case” performance. The company’s shares surged on Monday, adding $144 billion in market value, in their biggest gain since March and […]