Treasury Yields Spike Following Upbeat Economic Data

Treasuries saw significant weakness during trading on Thursday, extending the notable move to the downside seen over the past several sessions. Bond prices came under pressure in early trading and remained firmly negative throughout the session. As a result, the yield on the benchmark ten-year note, which moves opposite of […]

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GameStop CFO resigns following Reddit stock trading mania

Robinhood, Citadel, others involved in GameStop trading frenzy face multiple investigations: Gasparino Sources tell FOX Business’ Charlie Gasparino that the investigations are forcing Robinhood to slow walk its planned IPO. Following weeks of headline-grabbing attention from a social media-fueled stock trading frenzy, GameStop announced Tuesday its Chief Financial Officer Jim Bell […]

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Tesla invests $1.5 billion in bitcoin

New York (CNN Business)Tesla, the hottest stock in the market for more than a year, has sunk into bear market territory. Shares of Tesla (TSLA) fell 6% Tuesday after closing down 8.5% Monday, wiping out its gains for the year. The stock closed at a record just above $883 on […]

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