(credit: Dave Rutt ) Two Democratic lawmakers introduced a new bill on Wednesday that would institute a host of new regulations to scrutinize mergers, including a prohibition of those valued at more than $5 billion. The Prohibiting Anticompetitive Mergers Act , sponsored by Sen. Elizabeth Warren (D-Mass. ) and Rep. Mondaire Jones (D-N. Y. ), […]
U.S. futures are higher this morning, but it looks as if stocks will end the week in the red. Read More
Economists forecast the U.S. economy added 450,000 jobs last month. Read More
U.S. futures are under pressure on Friday. Crypto assets are gaining, however. Read More
U.S. futures trade sideways on Friday as stocks look to finish out the week in the green. Read More
Stocks look to finish out the week on a high note, helped by earnings and strong labor market data. Read More
Enlarge (credit: Getty Images | Bloomberg) President Joe Biden announced his anticipated executive order today, and it’s a sweeping document that seeks to counter rising corporate consolidation and foster greater competition in everything from labor markets to mergers, banking, healthcare, device repairs, transportation, broadband, and more. “For decades, corporate consolidation has been accelerating, ” the […]
A startup called Core Scientific announced this week that it has raised $23 million to expand its cryptocurrency mining operations. The company, based in Bellevue, Wash., is already running crypto mines in North Carolina, Georgia, and Kentucky, and plans to open more before long. It’s not hard to understand why. Right now, a single Bitcoin—the […]
A startup called Core Scientific announced this week that it has raised $23 million to expand its cryptocurrency mining operations. The company, based in Bellevue, Wash., is already running crypto mines in North Carolina, Georgia, and Kentucky, and plans to open more before long. It’s not hard to understand why. Right now, a single Bitcoin—the […]