Every weekday the CNBC Investing Club with Jim Cramer holds a “Morning Meeting” livestream at 10:20 a.m. ET. Here’s a recap of Tuesday’s key moments: Oscillator says market still oversold Our trades on DVN and CRM Quick mentions: HON and LLY Watching these bullpen stocks 1. Oscillator says market still oversold Stocks were in the
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While the cryptocurrency community prepares for The Merge, the Nasdaq-listed, Hive Blockchain Technologies, revealed in the company’s August 2022 production update that it plans to re-distribute its hashpower dedicated to Ethereum toward “other GPU mineable coins.” Hive’s Technical Team Researches Other GPU Mineable Coins On September 6, Hive Blockchain Technologies (Nasdaq: HIVE) published the company’s
Congress is expected to take up a bill this month that would fund the government through early December. The short-term continuing resolution would avoid a partial government shutdown before midterm elections and give the current Congress time to craft an omnibus fiscal 2023 bill during the lame-duck session. The tentative bill would continue fiscal year
Baker Tilly US LLP will acquire the local government consulting firm Management Partners to supplement the range of services its already brings to the table in its public sector practice. Chicago-based Baker Tilly and Cincinnati-based Management Partners will close on the acquisition Oct. 1. All 96 of the firm’s professionals — most who count local
Liz Truss will enter Downing Street on Tuesday after a bruising battle to become the UK’s next prime minister and will finalise a two-year package of energy relief for households and business that could cost up to £100bn. The foreign secretary beat rival and former chancellor Rishi Sunak in a ballot of Conservative party members
Ethereum Classic (ETC) price rallied on Sept. 5 on back-to-back positive reports concerning its adoption among crypto miners. Top mining pool supports Ethereum Classic On the daily chart, ETC’s price surged 14.5% to nearly $37.25 per token. Its massive gains came days after BTC.com, a blockchain explorer and crypto mining pool, launched a specialized Ethereum Classic
A bus driver fills up at a gas station in Brooklyn on August 11, 2022 in New York City. Spencer Platt | Getty Images Labor Day marks the end of the summer driving season. While gas prices are elevated, the U.S. avoided the stretch of super high prices that some had feared. Gasoline prices are
The assumption that Ethereum will just transition to a fully functional proof-of-stake (PoS) network after the Merge somewhat ignores the risk and effort necessary to move an asset that has a $193 billion market capitalization and 400 decentralized applications (DApps). That is precisely why monitoring vital network conditions is essential for anyone willing to trade
Italy is divided into 20 administrative regions. The smallest is named Val d’Aosta. Have you ever heard a non-Italian yearn with desire to visit Val d’Aosta? Unlikely. They pine—instead—for strolling through Tuscan villages or hunting Piedmont truffles or cruising Campania coastlines on a Vespa or sipping Nero d’Avola wine in Sicily. Val d’Aosta? Few non-Italians
This aerial photograph taken on September 1, 2022 shows flood-affected people taking refuge in tents after heavy monsoon rains in Dera Allah Yar town of Jaffarabad district, Balochistan province. – Monsoon rains have submerged a third of Pakistan, claiming at least 1,190 lives since June and unleashing powerful floods that have washed away swathes of
Sunita Lough, the respected head of the Internal Revenue Service’s Tax-Exempt and Government Entities division, is stepping down at the end of this month. Lough was serving as the commissioner of its Tax-Exempt and Government Entities division, which oversees compliance with municipal bond tax laws. Her official retirement date is scheduled for Sept. 30. Edward
The encroachment of culture wars into the municipal bond market will likely increase, with Texas, which has enacted laws to punish companies for “boycotting” fossil fuel businesses and “discriminating” against the firearm industry, potentially leading the charge. The laws have sidelined some big Wall Street banks from the Texas muni market; the state’s recently compiled
Kwasi Kwarteng, who has been tipped as Britain’s next chancellor, has launched a pre-emptive bid to reassure markets that Liz Truss will not blow a hole in the public finances if, as widely expected, she is named as prime minister on Monday. Kwarteng writes in the Financial Times that although there will need to be
In this article WDAY HUBG MCD INTU MRVL A logo of the McDonald’s restaurant is seen in the window with a reflection of Kremlin’s tower in central Moscow, Russia March 9, 2022. Maxim Shemetov | Reuters Another month has gone by and the market outlook shows no signs of improvement. August began on an upbeat
A “We’re Hiring” sign is posted at a Target store on August 05, 2022 in San Rafael, California. Justin Sullivan | Getty Images Job growth in August likely slowed from July’s frenzied pace, but it is still expected to have been quite strong, with broad-based hiring across many sectors. Monthly jobs data is always important,
An attacker gained access to PwC Venezuela’s Twitter account and has been actively posting cryptocurrency phishing links for the last 8 hours at the time of the writing. Considering that all the tweets posted by the hacker remain active, it is evident that PwC officials are yet to realize the compromise. Investors clicking on the
Recently, I had the pleasure of driving many one-way, gravel roads through the countryside to go to Keim Lumber in Charm, Ohio. Charm is very distinct, with more daily traffic from horses and bicycles than from automobiles. As I drove in, I was definitely charmed by the rolling green hills, the new sites, along with
This summer, rising anxiety among homebuyers about apartment completion brought problems in China’s massive real estate sector — and worries about spillover to the rest of the economy — to the forefront again. Future Publishing | Future Publishing | Getty Images BEIJING — China’s struggling real estate sector could significantly drag down the economy and
The decline in the United States equities markets last week extended the market-wide losing streak to three consecutive weeks. The Nasdaq Composite fell for six days in a row for the first time since 2019. The markets negative reaction to a seemingly positive August jobs report suggests that traders are nervous about the Federal Reserve’s
What should be a full pipeline of national projects supported by an influx of federal infrastructure funds is being stymied by a “severe” labor shortage in the construction sector, and government on all levels need to do more to address the problem. That’s the message from the Associated General Contractors of America on the heels
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