News

Oct 04
McDonald’s starts to accept Bitcoin and Tether in Swiss town

The global fast food chain is among the first to participate in a crypto-friendly experiment in the town of Lugano. 9099 Total views 1485 Total shares Multinational fast food chain McDonald’s started to accept Bitcoin (BTC) as a payment method in the 63,000-populated city of Lugano in the Italian-speaking region of Switzerland, which is becoming […]

Oct 04
Dow ends 826 points higher Tuesday, stocks post big back-to-back gains

U.S. stocks finished sharply higher on Tuesday, with the Dow rising about 826 points and posting its longest streak of back-to-back gains of more than 2% since May 2020, according to Dow Jones Market Data. The blue-chip index surge about 2.8% to end near 30,316, while the S&P 500 index SPX, +3.06% rose 3.1% and […]

Oct 04
U.S. oil futures settle at a nearly 3-week high on bets for a significant OPEC+ output cut

Oil futures rose Tuesday, with U.S. prices marking their highest settlement since mid-September. Reports said the Organization of the Petroleum Exporting Countries and their allies will consider a production cut of 2 million barrels per day at their meeting Wednesday, higher than previous expectations for a 1 million-barrel reduction. November WTI crude CLX22, +2.92% rose […]

Oct 04
Cruise stocks lead S&P 500 in gains, as Carnival sees biggest gain in 23 months

Shares of Carnival Corp. CCL, +13.15% soared 13.7% in afternoon trading, to bounce off the previous session’s 30-year closing low, and enough to be the S&P 500’s SPX, +2.76% third-biggest gainer. The two bigger gainers were fellow cruise operators, as shares of Royal Caribbean Group RCL, +16.41% ran up 15.4% and Norwegian Cruise Line Holdings […]

Oct 04
DeSantis to brief Biden in Florida about hurricane recovery on Wednesday, White House says

Florida Gov. Ron DeSantis, a likely Republican presidential contender, will brief President Joe Biden on hurricane recovery efforts when Biden visits the state on Wednesday, the White House said. DeSantis, a sharp critic of the Biden administration, will give the president “an operational briefing on the current response and recovery efforts,” White House press secretary […]

Oct 04
DXC Technology confirms preliminary talks about a potential acquisition

DXC Technology Co. DXC, +5.53% confirmed Tuesday that it has been approached by a “financial sponsor” about a potential acquisition. The technology consulting and outsourcing services company, with a market capitalization of $6.54 billion, did not provide any details about the potential buyer or the potential value of the deal. “Consistent with its fiduciary responsibility […]