US stocks close higher but lose steam as 10-year Treasury yield jumps back above 3%

US stocks closed slightly higher Monday, losing some steam from earlier in the day as key bond yields rose. WTI Crude Oil prices briefly surged above $120 per barrel on Monday for the first time since March.Twitter fell and Tesla climbed as Elon Musk signaled he could walk away from the deal to acquire the company.… Continue reading US stocks close higher but lose steam as 10-year Treasury yield jumps back above 3%

Hackers and criminals have laundered over $2 billion through crypto exchange Binance since 2017, report says

Binance unknowingly processed billions in illicit transactions, according to a report from Reuters. Transactions included illegal drug sales, hacks, and investment fraud totalling $2.35 billion In a statement to Insider, a spokesperson for the exchange strongly refuted the claims made in the report.  Loading Something is loading. Cryptocurrency exchange Binance processed billions in illicit transactions,… Continue reading Hackers and criminals have laundered over $2 billion through crypto exchange Binance since 2017, report says

Bitcoin extends its 3-day gain above $31,000 as crypto investors flee more volatile altcoins

Bitcoin on Monday marked a third straight gain, pushing above $31,000.  Altcoins last week logged “virtually no inflows,” according to CoinShares.  Ether had its ninth straight week of outflows and investment in solana slowed significantly.  Loading Something is loading. Bitcoin stretched a winning streak on Monday, with institutional investors recently pouring money into the world’s… Continue reading Bitcoin extends its 3-day gain above $31,000 as crypto investors flee more volatile altcoins

US gas prices hit a new all-time record as 10 states pay $5 or more per gallon

US gas prices hit a record high on Monday, at $4.865, according to AAA. Now, 10 states are paying at or above $5 a gallon for gas, up from seven states last week. One gas station in California is charging $9.60 per gallon.  Loading Something is loading. The national average for gas prices in the… Continue reading US gas prices hit a new all-time record as 10 states pay $5 or more per gallon

Affirm sinks after Apple announces its own buy-now-pay-later option at WWDC event

Affirm stock fell 6% on Monday after Apple announced its own Buy Now, Pay Later payment option.Apple Pay Later allows users to split the cost of an Apple Pay purchase into four equal payments with no interest.The new offering from Apple works with any merchant that already supports Apple Pay, and does not require a… Continue reading Affirm sinks after Apple announces its own buy-now-pay-later option at WWDC event

Here’s Everything Apple Announced at WWDC 2022

Jacob Krol/TheStreet Apple’s annual World Wide Developers Conference (affectionately known as WWDC) kicked off a jam-packed keynote that unveiled iOS 16, watchOS 9, iPadOS 16, and macOS Ventura. Oh, and the new MacBook Air. So ahead, we’re breaking down all the significant features and what it means for you. You can also use the breakout… Continue reading Here’s Everything Apple Announced at WWDC 2022

The new MacBook Air Comes in Four Colors and Boasts the M2 Chip

It comes in Starlight, Silver, Midnight, and Space Gray. Jacob Krol/TheStreet The Arena Media Brands, LLC and respective content providers to this website may receive compensation for some links to products and services on this website. There’s finally a new MacBook Air and it’s a looker. Announced at Apple’s annual WWDC 2022 keynote event, the… Continue reading The new MacBook Air Comes in Four Colors and Boasts the M2 Chip

Three Things That Might Help With High Gas Prices

Gasoline prices in the U.S. shot higher around the country during the first week of summer driving season as Americans pressed ahead with long-delayed travel plans, filled their tanks and hit the road. The national average price per gallon of regular gas on June 6 was $4.865, according to AAA. That’s up 5% from $4.619… Continue reading Three Things That Might Help With High Gas Prices