Latest Market News
Welcome readers, and thanks for subscribing! The Altcoin Roundup newsletter is now authored by Cointelegraph’s resident newsletter writer Big Smokey. In the next few weeks, this newsletter will be renamed Crypto Market Musings, a weekly newsletter that provides ahead-of-the-curve analysis and tracks emerging trends in the crypto market. The publication date of the newsletter will […]
The Teamsters union on Friday said it had ratified its first-ever nationwide contract at Costco Wholesale Corp. COST, +2.92% — a master agreement the union said offered better pay and other benefits to more than 18,000 workers across the U.S. The agreement provides “significant wage improvements over the next three years and a substantial increase […]
Bitcoin (BTC) entered an ascending channel in mid-September and has continued to trade sideways activity near $19,500. Due to the bullish nature of the technical formation and a drop in the sell pressure from troubled miners, analysts expect a price increase over the next couple of months. Bitcoin/USD price at FTX. Source: TradingView Independent analyst […]
President Joe Biden on Friday celebrated the prior day’s court rulings that favored his plan to forgive a big tranche of student loans, along with the number of people who have applied for relief. “They’ve been fighting us in the courts, but just yesterday, a state court and the Supreme Court said, ‘No, we’re on […]
U.S. stocks finished sharply higher on Friday, with the Dow Jones Industrial Average rising nearly 750 points as the major indexes capped off their biggest weekly advance since June, according to Dow Jones Market Data. The S&P 500 SPX, +2.37% finished 86.97 points, or 2.4%, higher at 3,752.75, logging a weekly gain of 4.8%. The […]
Toy company Mattel Inc. MAT, +2.96% agreed to pay $3.5 million to settle charges related to alleged misstatements in third and fourth-quarter 2017 financial statements, the Securities and Exchange Commission announced Friday. Mattel miscalculated a tax-related valuation allowance in both quarters and did not correct the error until November of 2019, according to the SEC. […]