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Business & Markets - Page 3

January 2, 2022
Business & Markets

Top Cryptos of 2021: We Bet You Have Never Heard of the Top Gainer

In a collaboration with cryptocurrency market data platform CoinStats, Benzinga gained insight into which cryptocurrencies saw the best price-performance in 2021—with results that could be surprising to most. Data shared with Benzinga…

Business & Markets

Energy Department Approves Release of 2 Million Barrels of Crude to Exxon

The U.S. Department of Energy has approved the release of two million barrels of crude oil to ExxonMobil from the Strategic Petroleum Reserve (SPR) on Dec. 30, as part of the initiative undertaken in November by the federal government to…

January 2, 2022

10 Best Performing S&P 500 Stocks of 2021

Business & Markets

The S&P 500 delivered one of its best years in recent history in 2021, gaining more than 27 peercent. Most U.S. investors had a…

S&P 5,000? Here’s What Analysts and Investors Expect From the Stock Market in 2022

Business & Markets/Feature

As 2021 winds to a close, investors and analysts are already shifting their focus to 2022. This year marked the third consecutive year of…

Business & Markets

American Airlines Launches Rights Issue Plan to Protect $16.5 Billion Tax Benefit

American Airlines Group Inc. said on Wednesday it was seeking shareholder approval for a rights offering plan to avert any hostile takeovers and preserve a $16.5 billion tax benefit, as the industry…

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by Ryan Kelly
December 22, 2021
Business & Markets

Consumer Confidence Lifts as Americans Shrug Off Omicron Fears and Inflation Woes

Confidence among U.S. consumers has risen to its highest level in five months as Americans brushed off concerns about inflation and the spread of the Omicron coronavirus variant, though both factors loom…

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by Ryan Kelly
December 22, 2021
Business & Markets

US, Global Stock Markets Thrive Amidst Tensions, Pandemic, Inflation

Since the 2008-2009 Great Recession, the world has endured financial crises, geopolitical tensions, natural disasters, a pandemic, and so much more. But there has been one factor that has been remarkably persistent:…

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by Ryan Kelly
December 22, 2021
Business & Markets

Oil Prices Steady as Omicron Caution Lingers

LONDON—Oil prices were steady on Wednesday as fears of tight supply were offset by COVID-19 concerns after Singapore suspended quarantine-free travel and Australia renewed its vaccination push due to a surge in…

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by Ryan Kelly
December 22, 2021
Business & Markets

Wall Street Set for Mixed Open as Investors Weigh Up Omicron Impact

LONDON—European shares edged higher on Wednesday and U.S. stock futures pointed to a mixed open for Wall Street, as more countries announced restrictions to reduce the spread of the Omicron variant but…

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by Ryan Kelly
December 22, 2021
Business & Markets/Feature

Amazon In Sketchy Partnership With Justice Department And FBI

Amazon appears to be making friends with the government in order to keep that same government off of its back. The company is under major scrutiny as the behemoth dominates the marketplace,…

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by Jeff Miller
December 21, 2021
Business & Markets

Wall Street Set to Rebound After Sharp Selloff as Nike, Micron Lead Gains

Wall Street’s main indexes were set to rise on Tuesday, following a steep selloff in the previous session, as strong quarterly earnings from Nike and a positive forecast from chipmaker Micron helped…

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by Ryan Kelly
December 21, 2021
Business & Markets

Dollar Recovers Some Overnight Losses; Euro Extends Gains

LONDON—The U.S. dollar recouped some overnight losses and the euro gained for a second day on Tuesday as risk sentiment recovered partially after a selloff in global markets. Major currencies held within…

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by Ryan Kelly
December 21, 2021
Business & Markets

Oil Prices Rise but Omicron Worries Linger

LONDON—Oil prices rebounded on Tuesday after a sharp fall in the previous session as investors’ appetite for risk improved, although they remained cautious amid the rapid spread of the Omicron coronavirus variant…

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by Ryan Kelly
December 21, 2021
Business & Markets

Global Stocks Gain as Appetite for Risk Stages Comeback

LONDON/HONG KONG—World shares gained on Tuesday as investors weighed up the extent to which the Omicron coronavirus variant would hit economies around the world, with the dollar softening as appetite for riskier…

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by Ryan Kelly
December 21, 2021
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