Stock Market Bulls Awaken From Slumber; Is It Time To Buy?

Stock Market Bulls Awaken From Slumber; Is It Time To Buy?

The stock market indexes bounced overnight and rallied strongly in Monday’s session, after the U.K. prime minister pared a tax cut scheme that had raised fears of financial contagion. Interestingly, the rebound on the first trading day of the fourth quarter excluded Tesla (TSLA). X The megacap electric-vehicle, solar and battery storage giant got pummeled…

Jim Cramer says Apple is still the ‘greatest stock of all time’

Jim Cramer says Apple is still the ‘greatest stock of all time’

CNBC’s Jim Cramer on Monday said that investors should ignore negative calls about Apple and hold onto their shares of the company. “The next time you hear this Apple mishegoss, you need to recognize that you’re still getting one more buying opportunity in what I consider to be the greatest stock of all time,” he … Read more

Rivian production grows 67% in 3Q, confirms 2022 goals

Rivian production grows 67% in 3Q, confirms 2022 goals

Workers inspect a Rivian R1T electric vehicle (EV) pickup truck on the assembly line at the company’s manufacturing facility in Normal, Illinois, US., on Monday, April 11, 2022. Jamie Kelter Davis | Bloomberg | Getty Images Electric vehicle maker Rivian Automotive said Monday that it produced over 7,000 vehicles in the third quarter, its highest … Read more

Dow Jones Surges 765 Points To Start New Stock Market Rally Attempt, What To Do Now

Dow Jones Surges 765 Points To Start New Stock Market Rally Attempt, What To Do Now

Dow Jones futures were lower ahead of Tuesday’s open. A new stock market rally attempt started Monday, as the Dow Jones Industrial Average surged 765 points. X Stock Market Today On Monday, the Dow Jones Industrial Average surged 2.7%, leading the stock market higher. The S&P 500 climbed 2.6% and the tech-heavy Nasdaq composite rallied … Read more

Treasury warns digital assets could threaten stability of economy

Treasury warns digital assets could threaten stability of economy

The Treasury Department warned Monday that unregulated cryptocurrencies could pose a risk to the U.S. financial system. The warning was a part of the first major public report released by the Treasury’s Financial Stability Oversight Council on digital assets. The council identified digital or “crypto” assets such as stablecoins as well as lending and borrowing … Read more

LIRR’s $2.5 billion Third Track opens after six decades of debate, planning and construction

LIRR’s .5 billion Third Track opens after six decades of debate, planning and construction

The Long Island Rail Road’s 10-mile-long Third Track through Nassau County is done, officials announced Monday morning. The $2.5 billion effort had been considered and debated by Long Island planners for more than six decades before construction began in 2019.  “This is the completion of a long, long ride,” Gov. Kathy Hochul announced at a news conference … Read more

Stocks kick off October with a huge rally

Stocks kick off October with a huge rally

New York CNN Business  —  Stocks kicked off October with more treats than tricks for investors. The market rallied to begin the fourth quarter, despite growing worries about the financial health of European banking giant Credit Suisse and weak economic data. The Dow rose 765 points, or 2.7%. That was its biggest gain since mid-July. … Read more

Zelle fraud on rise, according to Massachusetts senator

Zelle fraud on rise, according to Massachusetts senator

Check out what’s clicking on FoxBusiness.com A report from Democratic Massachusetts Sen. Elizabeth Warren’s office alleged fraud and scam incidents are increasing on the payment service Zelle. The report, released Monday, cites data from four banks that tallied 192,878 cases worth collectively $213.8 million in 2021 and the first half of 2022 in which a … Read more