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Monthly Archives: September 2019

Watch Elon Musk’s SpaceX Starship livestream presentation

SpaceX founder and CEO Elon Musk provided an update on Saturday evening about the company’s next-generation rocket, built to carry people deep into space, laying out a rapid schedule for the program’s development. Standing in front of the first assembled iteration of the Starship rocket, as it’s called, Musk talked through …

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Climate change could hurt Vermont’s maple syrup industry recovery

Sugar maple harvest in Vermont Universal Images Group via Getty Images Vermont’s maple syrup industry has entered a renaissance in the 21st century following decades of decline, becoming one of the Green Mountain State’s preeminent industries. In 2018, the value of Vermont’s maple syrup production exceeded $54.3 million, and accounted …

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Debbie Does Dress – The New York Times

Roberta Bayley was a 19-year-old freshman at San Francisco State University when she bought a bubble gum pink jersey tank minidress for just over £2 (about $5 at the time) from the catalog of Biba, the London emporium that trafficked in 1930s glamour. When Ms. Bayley moved to New York …

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‘We need some more downside’ on the market

The stock market got hit with a double whammy on Friday coming from a glut of new public offerings and a threat from the White House to limit U.S. investments in China, CNBC’s Jim Cramer said. The “Mad Money” host said “busted deals” such as Peloton, SmileDirectClub, Lyft and Uber …

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Fourth quarter could hold plenty of surprises for markets

The third quarter wraps up in the week ahead with stocks just slightly higher for the period, after a summer of zigzag moves. The market faces some of the same challenges in the final quarter of the year, including Brexit, the trade war with China, sluggishness in the global economy …

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Third quarter ends, repo market, trade war

Traders work on the floor at the New York Stock Exchange, August 5, 2019. Brendan McDermid | Reuters Here are the most important things to know about Monday before you hit the door. 1. Crazy quarter ends The third quarter winds down on Monday, concluding a volatile period of three …

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Alibaba, other Chinese stocks drop on report White House considering China investment limits

Trader on the floor of the New York Stock Exchange during Alibaba IPO, September 19, 2014. Adam Jeffery | CNBC Shares of Alibaba and other Chinese companies plunged Friday in a sudden move after reports the White House is considering ways to limit U.S. investments in China. Sources told CNBC’s …

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Bitcoin nosedives 22% this week to its lowest level since June

People walk past a board with the logo of Bitcoin in a street in Yerevan, Armenia September 9, 2019. Anton Vaganov | Reuters This has been a tough week for bitcoin. The world’s first and largest cryptocurrency plunged more than 20% over seven days, hitting a low of $7,757 Friday …

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Recent problems changing perceptions of ‘disruptor’ companies

Recent highly publicized flops by supposedly disruptive companies could be painting an unpleasant picture ahead for innovation, at least in how it’s viewed in the financial markets. Investors have turned thumbs-down on high-profile companies including WeWork, Uber and Tesla. Industries including marijuana, vaping and bitcoin all have seen big price …

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These two market moves would cause bank stocks to ‘skyrocket’: Trader

Banking stocks are breaking out this month, but Miller Tabak’s Matt Maley says one or two things need to happen for him to turn from cautious to bullish. “This year [the KBE bank ETF has] been stuck in a relatively wide range and it’s getting up towards the top end of …

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