UK adds nine more COVID symptoms to official list as its struggles with record case load

The official list of symptoms of COVID-19 has been expanded in the UK, where cases are currently running at the highest level since the start of the pandemic. The National Health Service added nine new symptoms to the list of just three, including sore throat, fatigue and headache, as the Guardian reported. About1 in 13 … Read more

CEO of Robinhood rival shines fresh light on what retail investors are doing. Wall Street needs to pay attention.

From the start of the COVID-19 pandemic two years ago, a newish crowd of retail investors emerged, pouring extra cash into equity markets and steering Wall Street into places they never dreamed of, such as meme stocks. Our call of the dayfrom the founder and chief executive officer of competitive stock trading app Zingeroo, says … Read more

Restarting Keystone XL construction ‘wouldn’t actually increase supply’ of oil: top Biden adviser

“‘Any action on Keystone wouldn’t actually increase supply, and it would transmit oil years into the future.’” —National Economic Council Director Brian Deese That’s the White House’s top economic adviser, in an interview with CNBC on Friday, dismissing the notion of rethinking the Biden administration’s decision to cancel the permit that would allow construction of … Read more

GameStop seeks to split stock for the first time since 2007, shares jump nearly 17% in after-hours trading

Shares of GameStop Corp. jumped nearly 17% in after-hours trading Thursday, after the company announced that executives are looking to conduct a stock split for the first time in 15 years. The videogame retailer announced that it planned to ask shareholders for authorization to increase its share count to 1 billion from 300 million so … Read more

Mortgage Rates Surge to Highest Since 2018

The average rate for a 30-year fixed-rate loan jumped to 4.67%, mortgage-finance giant Freddie Mac said Thursday, marking the weekly figure’s highest reading since December 2018. The 30-year fixed rate rose from 4.42% a week ago, continuing a steady rise that has pushed home-loan rates within sight of 5% for the first time in four … Read more

There may be little upside left in this stock rally, says Goldman Sachs. Here’s where it advises investors to put their money now.

After seven straight quarterly wins, the S&P 500 is about to log a 3% loss in the first quarter. The last losing quarter was a COVID-fueled 20% slump in March 2020, But a 5% gain for March will make for the best month since October, and the index remains just 4% off its Jan. 4 … Read more

Apple reportedly wants to handle its own financial services, and partners’ stocks paid the price

Apple Inc. has increasing ambitions in financial technology as it explores ways to participate in the financial-services industry more directly, according to a Wednesday report. The company is developing payment-processing technology and tools that could support future ambitions, according to Bloomberg News. Eventually, Apple AAPL, -0.66% could come to depend less on the partners that … Read more

UAW leader says he hasn’t talked to Elon Musk about union vote at Tesla

The leader of the United Auto Workers union said he hasn’t talked with Tesla Inc.’s Elon Musk after the chief executive’s invitation to hold a union vote, but was open to such talks if the company addressed past issues. “I’ve actually not talked to Mr. Musk or any representative of Tesla,” UAW President Ray Curry … Read more

Robinhood extends trading hours from 7 am to 8 pm — 3 rookie mistakes when trading stocks after hours

At 7 am, it can be the time for a morning coffee while 8 pm can be time to have supper, watch your favorite television shows, or even enjoy a glass of wine. If you have a Robinhood account, it’s also becoming a time to play the stock market during extended trading hours — but … Read more

Stock-market investors laugh off yield curve’s recession warning — for now. Here’s why.

Blink and you missed it, but the yield on the 2-year Treasury note traded briefly above the yield on the 10-year note Tuesday afternoon, temporarily inverting the yield curve and triggering recession warning bells. Data shows that it hasn’t paid in the past to abandon stocks the moment the Treasury yield curve turns upside down, … Read more