The SEC is shunning Bitcoin opportunity: Grayscale CEO
Grayscale CEO Michael Sonnenshein reacts to the SEC denying Grayscale’s request to create a spot Bitcoin ETF on ‘Making Money with Charles Payne.’
White on 2024 election speculation: Newsom could be a ‘dangerous threat’
The Washington Examiner’s Kaylee McGhee White discusses California Gov. Gavin Newsom’s Florida ad and the 2024 presidential election.
Social media firms should be ‘held to higher standard’ in preventing mass shootings: Ret. NYPD lt.
Retired New York Police Department Lt. Joe Cardinale says the Highland Park shooter ‘fell through the cracks’ of social media security monitoring.
Developing Story
Recession woes drive oil down
| Symbol | Price | Change | %Change |
|---|---|---|---|
| USO | $81.67 | +1.32 | +1.64% |
| BNO | $33.34 | +0.60 | +1.83% |
U.S. crude oil fell over 9% to the $88 per barrel level as recession forecasts rise, including the Federal Reserve Bank of Atlanta’s GDPNow which is currently predicting growth in the 2Q will fall 2.1%, likely confirming a recession.
Developing Story
Nasdaq curbs losses
| Symbol | Price | Change | %Change |
|---|---|---|---|
| MU | $53.65 | -1.63 | -2.95% |
| DLTR | $156.27 | +0.42 | +0.27% |
| GOOGL | $2,174.75 | -4.51 | -0.21% |
| AMZN | $109.56 | +3.35 | +3.15% |
Nasdaq Composite Index.
$
11165.181445
The Nasdaq Composite
curbed losses early afternoon helped by gains in Micron, Dollar Tree, Google and Amazon.
TSA hits pandemic-era record over July 4 weekend
The Transportation Security Administration (TSA) screened more than 9 million travelers between Thursday and Sunday.
Through Monday, TSA officers screened about 11.3 millionMore than 2.49 million individuals headed to airports on Friday – a pandemic-era record.
Developing Story
U.S. may be in a recession
Breaking News
Dow sinks 500+ points, oil below $100 per barrel
Dow Jones Averages.
$
30522.79
Investors continued to sell U.S. stocks as they returned from the long July 4th holiday week with all three of the major benchmark averages down over 1% in early trading ahead of Friday’s widely watched employment report for June. In commodities, oil hovered at $91 per barrel in a sharp off nearly 6% in today’s session.
Gas prices continue slow descent, as national average falls to $4.80
The price of gas continues to fall slowly since the national average for regular gasoline crossed $5.00 per gallon last month.
The figure was the largest recorded gas price since the AAA motor group began tracking data in 2000.
As of Tuesday morning, the price of a gallon of regular gas hit $4.80, an 80 cents drop from a week ago.
Gas is still well above its July 2021 price, when a gallon of gas averaged $3.13, according to the AAA.
Bitcoin dips under $20,000
Cryptocurrency prices initially fell Tuesday morning as Bitcoin, Ethereum and Dogecoin were all in negative territory.
At nearly 5 a.m. ET, Bitcoin was trading at about $19,815 (-2.17%), down approximately $440. For the week, Bitcoin was down nearly 2.4%. For the month, Bitcoin was down approximately 32%.
Read More:STOCK MARKET NEWS:Nasdaq turns higher in choppy trading, oil falls to $88
2022-07-05 19:52:15
