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Finance and Banking News

Tue, Feb 7th, 2023
Residents kept out as air checked near derailed Ohio train

Ohio's governor says it's unclear when evacuated residents might be able to return home to the area where officials released and burned toxic chemicals from the wreckage of a derailed train

FOXA : 33.90 (-0.21%)
Crews release toxic chemicals from derailed tankers in Ohio

Crews in Ohio have released toxic chemicals from five cars of a derailed train near the Pennsylvania state line to reduce the threat of an explosion

Officials urge evacuation near derailment, fearing explosion

Officials monitoring the smoldering, tangled wreckage of a train derailment in Ohio have warned hundreds of nearby residents who had declined to evacuate to do so immediately, citing concerns about a potential...

Why a new Alzheimer's drug is having a slow US debut

The first drug to show that it slows Alzheimer’s is on sale, but treatment for most patients is still several months away

US tells owners to park old Hondas until air bags are fixed

Honda and the U.S. government are urging owners of about 8,200 older vehicles not to drive them until dangerous air bag inflators are replaced

TKTDQ : 1.3900 (unch)
HMC : 24.93 (+1.34%)
Companies pledge millions in fed effort to stem road deaths

Nearly 50 businesses and nonprofits including rideshare companies Uber and Lyft and industrial giant 3M are pledging millions of dollars in initiatives to stem a crisis in road fatalities under a new federal...

MMM : 116.37 (-0.11%)
HMC : 24.93 (+1.34%)
Average long-term mortgage rate falls a fourth straight week

The average long-term U.S. mortgage rate declined for the fourth week in a row, a sign of relative stability that could potentially open the door for some prospective homebuyers to get back in the market...

$SPX : 4,112.21 (+0.03%)
$DOWI : 33,886.93 (-0.01%)
$IUXX : 12,508.59 (+0.35%)
DeSantis injects politics into $115B Florida budget proposal

Republican Gov. Ron DeSantis says Florida will have enough money to withstand a national economic downturn while still being able to provide tax breaks

US probes complaints of parts flying off of Ford Explorers

The U.S. government’s road safety agency is investigating complaints that windshield trim panels can fly off of Ford Explorers while they’re traveling at highway speeds

Justice Department seeks Tesla automated driving documents

The U.S. Justice Department has requested documents from Tesla related to its Autopilot and “Full Self-Driving” features

$SPX : 4,112.21 (+0.03%)
$DOWI : 33,886.93 (-0.01%)
$IUXX : 12,508.59 (+0.35%)

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America’s 20 Largest Tech Layoffs since 2020 https://t.co/lDwq7ItPQe
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Could a copper deficit fuel further inflationary pressure? https://t.co/Q3ZJwPLOny
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Tesla $TSLA shares could hit $15,000 according to Ron Baron, who has been one of the most successful long-term fund managers. https://t.co/WoRAfQKFVb
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Barchart is proud to announce the integration of Power Futures Data from the @eexgroup into our global market data and commodity price inventory. Read the full press release to learn more ⬇️ https://t.co/RgtNqHGgry
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Baidu $BIDU surging by almost 10% on news that it plans to release a service similar to ChatGPT in March https://t.co/GSRzUV7Scp
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4 Stock Market Morning Movers: $CHGG $BIDU $OSH $ZI Check out the Details 👇 https://t.co/VHRB3OGfOe
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Markets Today: Stocks Slightly Higher Ahead Of Fed Chair Powell’s Speech Related Stocks: $VLO $PINS $TSN $DVN https://t.co/DFhlZoodyG
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Stocks w/ most active options trading: $TSLA - 2.210M $BBBY - 1.053M $AAPL - 1.051M $AMC - 963k $AMZN - 943k $META - 623k $NVDA - 567k $GOOGL - 404k $SNAP - 388k $AMD - 364k $UBER - 263k $PINS - 258k $MSFT - 243k $F - 240k $COIN - 227k $GME - 225k What options did you trade?
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President Biden will propose quadrupling the 1% stock buyback tax during his State of the Union according to the Wall Street Journal https://t.co/DdyCCslDBk
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35% of millionaires believe retirement will take a miracle according to a survey by Natixis👀 https://t.co/EphRnm631R
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Tech Stocks could face a lost decade according to Bernstein https://t.co/cAC30BEdqt
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Jim Cramer says the charts suggest that investors should prepare for declines in the S&P 500 Bullish? https://t.co/fFlmeQsv91
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4 months ago Jim Cramer said he wanted BBBY to go up. Now he’s saying people deserve to lose money. 🤦‍♂️🤦‍♂️ https://t.co/4SdEt9PpYw https://t.co/RV64UjpsEV
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% of Large Cap Stocks Above Their Moving Averages https://t.co/YyYzqRwoCJ
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CNN Stock Market Fear & Greed Index = 75 (Extreme Greed) Still Extreme Greed!! 🥳🤑💸💰 https://t.co/kvOxsfd32w
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Well it was fun while it lasted! Bed Bath & Beyond $BBBY dropping like a rock in after hours trading. https://t.co/gecvvlc91p https://t.co/Zrtm9ErsnJ
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People seem to be forgetting this 👇 https://t.co/B2us8LeOfn
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Pinterest $PINS hammered after earnings report https://t.co/hNfUS4WFRM
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Crypto exchange Binance to suspend USD bank transfers beginning on February 8 https://t.co/kDXw9pUcZa
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Bed Bath & Beyond $BBBY inflicting serious pain on shorts right now https://t.co/CnknmhEPly
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Servicenow $NOW CEO and Chairman sells 54,000 shares worth approximately $24.5M. CEO only owns 3,600 shares now. Hmmm... 🤔 https://t.co/UZqAwjTd6G
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Today's Futures Heat Map Strongest: Coffee, Gasoline, U.S. Dollar Index, Feeder Cattle Weakest: Lean Hogs, Pork Cutout, Lumber, Sugar https://t.co/tJxuKJGKqp

Chart of the Day

Entravision Communications Corp (EVC)

The reason for the New Beginning headline: Entravision (NYSE: EVC ), a leading global advertising solutions, media and technology company, today announced that Walter F. Ulloa, the Company’s Chairman and Chief Executive Officer, passed away of a sudden heart attack on December 31, 2022. He was 74 years old. The...
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