Oil prices reach highest level in over 2 years as demand rebounds

Will there be a return of $100 oil? Maglan Capital President David Tawil discusses the state of the oil industry Oil prices climbed to their highest level in more than two years Monday amid more evidence of increasing demand as the global economy reopens from COVID-19 lockdowns.  West Texas Intermediate crude oil, the U.S. benchmark, […]

What to watch today: Wall Street set to open steady after another S&P 500 record

U.S. stock futures were flat Monday after the S&P 500 eked out another record close Friday. The S&P 500 rose 0.4% for the week, notching a three-week winning streak. The Nasdaq's gain Friday put the tech-heavy index within 0.5% of its record close in late April. The Nasdaq soared nearly 1.9% for the week, logging […]

Iconic 'Doge' meme NFT breaks record, selling for roughly $4 million

"Doge," the image of an excited-looking Shiba Inu considered one of the internet's most iconic and renown memes, has sold as a nonfungible token, or NFT, for roughly $4 million, making it the most expensive meme NFT of all time. On Friday, the auction winner, @pleasrdao, placed a willing bid of 1,696.9 of the cryptocurrency […]

How Biden's plan may get some to warm up to green energy

A version of this story first appeared in CNN Business’ Before the Bell newsletter. Not a subscriber? You can sign up right here. London (CNN Business)As leaders of most of the world’s largest economies gather in Cornwall, England, expect political fanfare and lots of attention on US President Joe Biden, who is seeking to reassert […]

Warren Buffett Invests in Digital Bank, Responds to Tax Story

Investing in a bank that offers cryptocurrency investment products doesn’t seem like something that Berkshire Hathaway Inc. (NYSE: BRK-B) would be interested in. While Buffett’s partner and executive vice chair, Charlie Munger, has been more outspoken in his dismissal of cryptocurrency, Buffett himself has only called investing in cryptocurrency “gambling.” Buffett invested $500 million in […]

What Jim Cramer Likes About Roblox, Stryker and More

The broad markets tipped lower at the close on Wednesday. The one sector that had a solid move was health care, with an emphasis on drug manufacturers. Crude oil was more or less stagnant, holding right below $70, and Bitcoin made a resounding comeback. All this makes for a stock picker’s market, and who better […]

Bitcoin price rises above $36,000 despite regulation calls

Bitcoin price slumps after DOJ recovered pipeline hack ransom Jodie Kelley, Electronic Transactions Association CEO, discusses the hit to Bitcoin and explains how the Justice Department was able to recover much of the ransom paid out during the Colonial Pipeline hack. Bitcoin was trading more than 8% higher on Thursday morning. The price was around […]

GameStop unveils new CEO, CFO leading e-commerce transformation

SEC scrambling to deal with meme stock mania: Sources Sources tell FOX Business’ Charlie Gasparino that securities lawyers says SEC looking at possible manipulation cases that will be difficult to prosecute. Amazon veterans Matt Furlong and Mike Recupero have been tapped to help lead GameStop's e-commerce transformation, replacing outgoing CEO George Sherman and former chief […]

Cathie Wood’s ARK Invest Sells Over 75,000 Shares of Snap

One ARK Invest exchange-traded fund run by ETF star Cathie Wood sold over 75,000 shares of Snap Inc. (NYSE: SNAP) on Tuesday, as the share price of this fund traded up 0.1% in the day’s session. The fund’s share price has greatly improved over the past year. ARK Next Generation Internet ETF (NYSEARCA: ARKW) sold […]