Tesla Inc. on Monday said that it bought $ 1.5 billion in bitcoin, a purchase that comes after CEO Elon Musk has promoted the world’s No. 1 digital asset, along with other cryptos, in recent weeks. Bitcoin’s price BTCUSD, +1.82%, already on a stratospheric rise, garnered an additional fillip from the announcement, …
Read More »Europe Markets: Dow futures slide 500 points and European equity futures drop as Big Tech earnings, COVID-19 and election worries weigh
A man’s reflection is shown in Apple’s flagship store in Madrid’s Puerta del Sol on Oct. 26, 2020. It remains closed due to the pandemic. MarketWatch/Kollmeyer European and U.S. equity futures pointed to losses for markets on Friday, with investors reacting to some disappointment over Apple and Amazon.com earnings, as …
Read More »Politics, jobs weigh on Wall Street as housing cruises
Politics weighed heavily on Wall Street this week as investors’ uncertainty about the upcoming election grows. The first round of presidential debates was particularly vicious. That led many investors to worry about potential controversy extending well past the November 3 election day. Then, two events that happened late Thursday threw …
Read More »California voters will weigh in on affirmative action in November. Here’s what that means for the rest of the country
Over the past few decades the question of whether affirmative action is an appropriate antidote to centuries of discriminatory policies have animated the court system and voting booth. As Americans have become increasingly focused on systemic racism over the past several weeks, those questions have taken on new urgency. Now, …
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