Tag: Marketwatch

Shares of Upstart Holdings Inc. UPST, +7.38% were up more than 10% in Monday afternoon trading, ahead of the lending company’s second-quarter earnings report, which is expected after the closing bell. Upstart executives disclosed a month back that they expected to fall well short of their prior forecasts for the second quarter, but the after-hours […]

The U.S. Treasury Department’s Office of Foreign Assets Control on Monday sanctioned Tornado Cash, which allows users to conduct private crypto transactions. As a result, Tornado Cash’s property and interests in property in the U.S. will be blocked, according to a statement by the Treasury Department Monday. The platform has been used to launder more […]

The Big Ten Toys with Athlete Unionization. Again. After a brief and failed organizing effort at Penn State, Big Ten commissioner Kevin Warren says he is open to discussing the topic that was once unthinkable in college athletics. Aug. 8, 2022 at 10:51 a.m. ET by Laine Higgins Data Show Gender Pay Gap Opens Early […]

Norwegian Cruise Line Holdings NCLH, +4.05% said Monday it will no longer require vaccinated cruise ship guests at least 12 years old to show a negative COVID test, or to have any COVID-19-related pre-boarding protocols. Meanwhile, unvaccinated guests at least 12 years old will still have to show a negative PCR or Antigen test no […]

Shares of Karuna Therapeutics Inc. KRTX, +4.43% soared 42.6% in premarket trading on Monday after the company said its experimental treatment for schizophrenia met the primary endpoint in a Phase 3 clinical trial. Karuna told investors it expects to submit the therapy to the Food and Drug Administration in “mid-2023.” RBC Capital Markets analyst Brian […]

Oil futures fell sharply Thursday, with the U.S. benchmark ending below the $90 a barrel threshold as investors worried about the risk of a global economic slowdown that could crimp demand. West Texas Intermediate crude for September delivery CL.1, -0.54% CL00, -0.54% CLU22, -0.54% ended with a loss of $2.12, or 2.3%, at $88.54 a […]

Senate Majority Leader Chuck Schumer said Thursday he expects the chamber will begin voting on Democrats’ $739 billion climate, healthcare and tax legislation on Saturday. Known as the Inflation Reduction Act, it was introduced last week by Schumer and Sen. Joe Manchin, a West Virginia Democrat. The measure needs 50 votes to clear the chamber, […]

The U.S. has declared the monkeypox outbreak a public health emergency, according to a federal health official. The Department of Health and Human Services can declare a 90-day public health emergency that allows HHS Secretary Xavier Becerra to take additional steps and access new resources to combat public health issues. A total of 6,617 people […]

The daily average for new U.S. cases may have started to decline, but not all data are being captured as many people are testing at home. The average stood at 118,380 on Thursday, according to a New York Times tracker, down 8% from two weeks ago. The average remains close to 120,000 a day after […]

Lion Electric Co. LEV, said Friday that it swung to a second-quarter profit, helped by a large one-time gain, while revenue rose 77% but was a bit shy of expectations. The maker of electric urban trucks and buses said net income for the quarter to June 30 was $29.44 million, or 19 cents a share, […]