Elon Musk’s Belated Disclosure of Twitter Stake Triggers Regulators’ Probes

Elon Musk's Belated Disclosure of Twitter Stake Triggers Regulators' Probes

WASHINGTON—Federal regulators are investigating Elon Musk’s late disclosure last month of his sizable stake in Twitter Inc., TWTR -2.48% according to people familiar with the matter, a lag that allowed him to buy more stock without alerting other shareholders to his ownership. The Securities and Exchange Commission is probing Mr. Musk’s tardy submission of a … Read more

Elon Musk’s Belated Disclosure of Twitter Stake Triggers Regulators’ Probes

Elon Musk's Belated Disclosure of Twitter Stake Triggers Regulators' Probes

WASHINGTON—Federal regulators are investigating Elon Musk’s late disclosure last month of his sizable stake in Twitter Inc., TWTR -2.48% according to people familiar with the matter, a lag that allowed him to buy more stock without alerting other shareholders to his ownership. The Securities and Exchange Commission is probing Mr. Musk’s tardy submission of a … Read more

Cryptocurrency TerraUSD Plunges as Investors Bail

Cryptocurrency TerraUSD Plunges as Investors Bail

A selloff in a cryptocurrency that was supposed to be pegged to $1 accelerated Wednesday, briefly sending its price to less than a quarter of that value. TerraUSD traded as low as 23 cents Wednesday, according to data from CoinDesk. As of 8:53 am ET, it had partially rebounded to about 30 cents in volatile … Read more

New study finds omicron no less severe than earlier variants, and not just more transmissible

New study finds omicron no less severe than earlier variants, and not just more transmissible

A new study conducted by researchers at Harvard Medical School among others has found that the omicron variant of the coronavirus that causes COVID-19 is just as severe as earlier variants, and not more transmissible but no less severe, as previously thought. The study was based on the records of 130,000 COVID patients in Massachusetts … Read more

Omicron caused spike in deaths in vaccinated people, analysis finds, though unvaccinated remain most at risk

Omicron caused spike in deaths in vaccinated people, analysis finds, though unvaccinated remain most at risk

The omicron variant of the coronavirus that causes COVID-19 that has swept across the US since late last year has taken a grimmer toll than earlier variants, including in people who were vaccinated and even had booster shots. That’s according to a Washington Post analysis of data from the Centers for Disease Control and Prevention, … Read more

CDC study highlights speed with which omicron variant infected Americans, and WHO warns testing is still crucial

CDC study highlights speed with which omicron variant infected Americans, and WHO warns testing is still crucial

A report from the Centers for Disease Control and Prevention is highlighting just how many Americans have been infected with COVID-19, and how significantly the number has increased since the arrival of the highly infectious omicron variant late last year. The report published on Tuesday found case numbers were particularly striking in children, with three … Read more

UK adds nine more COVID symptoms to official list as its struggles with record case load

UK adds nine more COVID symptoms to official list as its struggles with record case load

The official list of symptoms of COVID-19 has been expanded in the UK, where cases are currently running at the highest level since the start of the pandemic. The National Health Service added nine new symptoms to the list of just three, including sore throat, fatigue and headache, as the Guardian reported. About1 in 13 … Read more

Inflation Weighed on Consumer Spending Growth in February

Inflation Weighed on Consumer Spending Growth in February

Consumer spending growth, a key engine of the economy, slowed sharply in February, as the Omicron surge of Covid-19 eased and accelerated inflation amid Russia’s invasion of Ukraine. US households boosted their sending at a seasonally adjusted 0.2% pace in February from the month before, down from a revised 2.7% rate in January, when spending … Read more

There may be little upside left in this stock rally, says Goldman Sachs. Here’s where it advises investors to put their money now.

There may be little upside left in this stock rally, says Goldman Sachs.  Here's where it advises investors to put their money now.

After seven straight quarterly wins, the S&P 500 is about to log a 3% loss in the first quarter. The last losing quarter was a COVID-fueled 20% slump in March 2020, But a 5% gain for March will make for the best month since October, and the index remains just 4% off its Jan. 4 … Read more

Robinhood extends trading hours from 7 am to 8 pm — 3 rookie mistakes when trading stocks after hours

Robinhood extends trading hours from 7 am to 8 pm --- 3 rookie mistakes when trading stocks after hours

At 7 am, it can be the time for a morning coffee while 8 pm can be time to have supper, watch your favorite television shows, or even enjoy a glass of wine. If you have a Robinhood account, it’s also becoming a time to play the stock market during extended trading hours — but … Read more