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Business News

Foreclosures Soar In Illinois

High foreclosure rates were supposed to be a thing of the past. They belong to the period of The Great Recession when foreclosure rates in some cities approached one in every 500 houses. As unemployment rose to...

U.S. Stocks Extend Rally On Jobs Data, Senate Passing Debt...

Stocks moved sharply higher over the course of the trading day on Friday, adding to the strong gains posted in Thursday’s session. With the continued upward move, the Nasdaq reached its best closing level...

U.S., S. Korea Issue Alert On Threats Posed By N....

U.S. and South Korean authorities have warned about the social engineering and hacking threats posed by the North Korean state-backed hacker group Kimsuky. Thursday, the U.S. Department of State, the Federal Bu...

TVs, Laptops, Phones May Cost More

The reason? Price of open cell panels has gone up 15%.One of the main components in the manufacturing of TV sets, open cells contribute to 60%-65% of the manufacturing cost. Television manufacturers have starte...
Markets News

Friday’s Top Analyst Upgrades and Downgrades: Adobe, Corning, Dominion Energy,...

The futures were somewhat mixed on Friday. The Dow Jones industrials were down 0.20%, the Nasdaq was up 0.25% and S&P 500 was practically flat. The summer doldrums are in full swing, with markets seemingly...

Kraken’s NFT Marketplace Moves Out of Beta With 250+ Collections

On June 8th, Kraken NFT announced that its platform is no longer in beta. According to the press release, the full launch comes with several interesting features including zero gas fees, and a chance to have an...

Optimism Completes Major Upgrade, Moves Closer to Superchain Vision

Ethereum scaling solution Optimism has deployed its long-awaited Bedrock upgrade, providing several improvements across the network. The upgrade is expected to significantly reduce transaction fees, provide gr...

Oil Futures Settle Sharply Higher

Crude oil prices rose sharply on Thursday on hopes the OPEC and allies will announce a cut in production. Oil prices were also supported by a weak U.S. dollar, and the passage of the debt ceiling bill in the Ho...