Judge gives Trump time to challenge tax return disclosure to Congress

President Donald Trump arrives for a photo opportunity with sheriffs from across the country on the South Lawn of the White House in Washington. Erin Scott | Reuters WASHINGTON – A federal judge is giving former President Donald Trump time to challenge a Department of Justice order that said the IRS must surrender his income tax returns … Read more

U.S. Senate in a rare Saturday session on a $1 trillion infrastructure bill

U.S. Sen. Rob Portman (R-OH) (L) and Sen. Kyrsten Sinema (D-AZ) (R) answer questions from members of the press during a news conference after a procedural vote for the bipartisan infrastructure framework at Dirksen Senate Office Building July 28, 2021 on Capitol Hill in Washington, DC. Alex Wong | Getty Images The U.S. Senate in … Read more

This 19-year-old earns $54,000 a year mining bitcoin as a full-time job — here’s what it’s like

Bitcoin miner Zack Pettit skating on his work break at the SCATE Ventures mining facility in Dallesport, Washington. SCATE Ventures Inc. Nick Sears was 17 years old when he helped build a bitcoin mining farm in Dallesport, Washington. He was 18 when he was legally allowed to buy bitcoin for the first time. And now, … Read more

These are 2021’s next big themes, according to two top ETF managers

Hydrogen could be one of 2021’s next big investing themes, says one top ETF manager. Its potential to take the clean energy industry by storm drove Global X ETFs to launch its Hydrogen ETF (HYDR) in mid-July, the firm’s senior vice president and head of research and strategy, Jay Jacobs, told CNBC’s “ETF Edge” this … Read more

Chinese augmented reality glasses maker Nreal looks to go public within 5 years, CEO says

SHANGHAI — Nreal, a Chinese company making glasses for so-called augmented reality experiences, is looking to go public within five years, its CEO told CNBC. “We’re thinking this is really a major tech market and really looking forward to what’s going to happen in the next 10 to 15 years. Very exciting – I think … Read more

Amazon plunge drags down eBay, Etsy and Wayfair as investors fret over slowing growth

Wayfair IPO on the floor of the New York Stock Exchange Lucas Jackson | Reuters E-commerce stocks sank Friday after Amazon, the largest U.S. e-retailer, reported disappointing results and gave a weaker-than-expected outlook for the third quarter. Wayfair and Etsy dropped almost 8%, while eBay fell 7%. Amazon had its worst day on the market … Read more

July jobs report could be what gives the market its next big jolt in the week ahead

Traders on the floor of the New York Stock Exchange, June 25, 2021. Source: NYSE Friday’s jobs report could be a catalyst that helps determine whether markets are volatile or will trade like it’s the quiet dog days of August. More than a quarter of the S&P 500 report earnings in the coming week. The … Read more

Royal Caribbean shares tumble as 6 Covid cases discovered on board a ship, cruise line expands U.S. testing policy

In an aerial view, the Royal Caribbean Freedom of the Seas (L) prepares to set sail from Port Miami during the first U.S. trial cruise testing COVID-19 protocols on June 20, 2021 in Miami, Florida. Joe Raedle | Getty Images Royal Caribbean Cruises shares fell about 4% on Friday after six passengers on board its … Read more

Google founders have sold $1 billion in stock since May, most since 2017

Larry Page, left, and Sergey Brin, co-founders of Google Inc. JB Reed | Bloomberg | Getty Images Google founders and controlling Alphabet stakeholders Larry Page and Sergey Brin have sold more than $1 billion worth of stock combined since May of this year. Beginning in May of this year, the two sold both Class A … Read more