[CNBC] AMC Entertainment on Thursday filed to sell 11.5 million shares of its stock. Shares of AMC turned negative in premarket trading on the news, giving up a big gain. AMC said it plans to use the money from the stock sale for “general corporate purposes,” which may include paying […]
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[The Motley Fool, Getty Images] These pot stocks offer a solid path to strong returns that Dogecoin can’t. Could Dogecoin (CRYPTO:DOGE) make the comeback of all comebacks? Maybe, but I wouldn’t necessarily bank on it. Even if the popular cryptocurrency’s rebound picks up additional momentum, any gains could evaporate quickly. You could buy […]
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[CNBC, Twenty/20] Call it revenge spending. With many parts of the U.S. reopening, tens of millions are expected to make up for lost time by shelling out for experiences they’ve been missing over the past 15 months. More than a year after Covid-19 upended lives around the world, Americans are […]
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[ABC NEWS] WASHINGTON (SBG) — As summer begins and states lift pandemic restrictions, the biggest challenge employers and local economies face is a lack of available workers, according to a new report by the U.S. Chamber of Commerce. “All the signs point to a really tight labor market,” U.S. Chamber […]
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[WebMD] Guns to Help Promote COVID Vaccine in W. Virginia June 2, 2021 — West Virginia Gov. Jim Justice announced new COVID-19 vaccine incentives on Tuesday, including a $1.5 million cash prize, custom-outfitted trucks, and custom hunting rifles and shotguns, according to Forbes. Weekly lotteries will take place from June 20 to Aug. […]
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[CNBC, Getty Images] The average interest rate for 30-year fixed-rate mortgages decreased to 3.17% from 3.18% last week, but the Mortgage Bankers Association said applications for a mortgage to purchase a home fell 3% and were 2% lower than the same week a year ago. “Tight housing inventory, obstacles to […]
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[CNBC, Getty Images] China will hand out 40 million renminbi ($6.2 million) of its digital currency to citizens in Beijing in a lottery. Residents of the Chinese capital can use two banking apps to apply to win one of 200,000 so-called red packets as part of the lottery containing 200 […]
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(Bloomberg) — Think it was easy holding on for five months for the meme mafia to finally succeed in jacking AMC Entertainment Holdings Inc. skyward again? Seems like a breeze today. But that’s not how it felt along the way. An AMC bull saddled with the stock at the Feb. […]
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[CNBC, Getty] President Joe Biden has proposed a 39.6% top marginal income tax rate, up from the current 37%, to help fund the American Families Plan. That rate would affect single individuals with taxable income of more than $452,700 and married couples filing jointly with income over $509,300, according to […]
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[CNBC, Getty Images] As the economy moves online, digital currencies will be the future of financial systems, according to Russia’s central bank governor, Elvira Nabiullina. Moscow published a consultation paper on a digital rouble in October, and aims to have a prototype ready by the end of 2021, while pilots […]
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