Day: May 3, 2022
Ebay Inc. EBAY, +2.37% announced an expansion of its “Authenticity Guarantee” to trading cards sold for $2,000 or more. Through a partnership with Professional Sports Authenticator that launches on Monday, eBay will begin verifying that cards meet the listing description, haven’t had their sealed plastic holders tampered with, and aren’t counterfeit. The program will ultimately […]
New York City has moved its COVID-19 risk level to medium, or yellow, from green, according to the city’s health department website, signaling that cases are rising at an undesirably fast pace. The city is currently seeing nearly 2,500 new cases a day, which is up from about 600 in early March. The number may […]
Traders of fed-funds futures see a 91% likelihood that the Federal Reserve delivers a 75 basis point rate hike in June, up from 19% a month ago, based on the CME FedWatch Tool. They are factoring in the prospect of a jumbo-sized move on top of an almost 100% chance of a 50 basis point […]
Gold prices end Monday lower, recording the worst daily drop in nearly two months for the precious metal, as the dollar continued to soar and Treasury yields climbed. Gold for June delivery GC00, -0.11% GCM22, -0.11% shed $27.70, or 2.5%, to settle at $1,863.60 an once on Comex, the biggest daily percentage decline for the […]
Shares of Boeing Co. BA, -0.15% fell more than 3% on Monday, on track for their lowest close since May 22, 2020, when they closed at $137.53, and extending their losses to a ninth session. The stock traded as low as $143.38, its lowest intraday level since Nov. 2, 2020, when it hit $143.38. Over […]
