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Cryptocurrencies

“Bitcoin Price Drops Below $30K for the First Time Since January”

June 22, 2021

“Bitcoin dipped below the long-held support at $30,000 on Tuesday, hitting the lowest level since Jan. 28. The cryptocurrency traded at $29,700 shortly before press time, bringing the year-to-date gain down to just 3%, according to CoinDesk 20 data. The drop… Continue Reading…

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Economy

“Jobless claims: Initial filings broke below 400,000 for the first time since March 2020”

June 3, 2021

“…The Department of Labor released its weekly report on new jobless claims Thursday at 8:30 a.m. ET. Here were the main metrics from the report, compared to consensus data compiled by Bloomberg: Initial jobless claims, week ended May 29: 385,000 vs. 387,000 expected… Continue Reading…

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Cryptocurrencies

“Ethereum, the world’s second-largest cryptocurrency, soars above $4,000 for the first time”

May 10, 2021

“Ether surged past $4,000 Monday to hit a new record high, extending a stunning rally for the world’s second-largest cryptocurrency. Ether, the digital token of the Ethereum blockchain, rose nearly 7% over the last 24 hours to $4,141.99 by 3:40 a.m.… Continue Reading…

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Economy

“Market hits an all-time high after blowout economic data and strong bank earnings”

April 15, 2021

“U.S. stocks climbed to record levels on Thursday after key companies reported strong earnings and fresh economic data pointed to a rebound in consumer spending and the jobs market. The Dow Jones Industrial Average rose 260 points to hit an… Continue Reading…

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Cryptocurrencies

“Cryptocurrency market value tops $2 trillion for the first time as ethereum hits record high”

April 6, 2021

“The value of the cryptocurrency market topped $2 trillion for the first time on Monday driven by a rally in ether, the second-largest digital coin… Bitcoin, the biggest digital currency, accounts for over 50% of the entire cryptocurrency market capitalization. Bitcoin… Continue Reading…

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Economy

“Average LA County gas price rises for 47th time in 48 days”

March 10, 2021

“The average price of a gallon of self-serve regular gasoline in Los Angeles County rose Monday for the 27th consecutive day and 47th time in 48 days, increasing a half-cent to $3.813, its highest amount since Dec. 3, 2019. The… Continue Reading…

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Precious Metals

“Platinum Soars Past $1,300 an Ounce for First Time in Six Years”

February 15, 2021

“Platinum surged above $1,300 an ounce for the first time in more than six years on bets that a recovery in industrial demand and stricter emissions rules will tighten supply of the metal. Gold edged lower. Tougher pollution regulations requiring… Continue Reading…

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Cryptocurrencies

“Bitcoin price rises as second-biggest cryptocurrency ether hits all-time high”

January 25, 2021

“Bitcoin’s price rose on Monday after a brutal sell-off that saw the virtual currency briefly dip below $30,000. Meanwhile, ether — the world’s second-biggest cryptocurrency — hit a fresh record high. Bitcoin rose more than 7.4% in the last 24 hours to trade… Continue Reading…

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Economy

“Oil breaks above $50 for the first time since February”

January 5, 2021

“U.S. West Texas Intermediate crude futures, the U.S. oil benchmark, broke above $50 on Tuesday for the first time since February. The move higher marks a steady comeback for oil prices after the coronavirus pandemic and subsequent demand loss sent futures… Continue Reading…

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Stocks

“Dow rises for the fourth time in five days, ekes out record closing high”

December 30, 2020

“The Dow Jones Industrial Average gained 73.89 points, or 0.2%, to 30,409.56. The 30-stock average eked out a record closing high. The S&P 500 climbed 0.1% to 3,732.04, and the Nasdaq Composite advanced 0.2% to close at 12,870. Wednesday marked the fourth positive session in five… Continue Reading…

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