Business

Jerry Jones, owner of the Dallas Cowboys, has announced an additional $100 million investment into Comstock Resources Inc., a Frisco-based natural gas company he controls. This investment involves acquiring 12.5 million shares of the company’s stock at $8.036 per share, reflecting the average closing prices for the last five trading days. Jones’ ownership stake in … Read more

The cryptocurrency market experienced a mixed performance on Monday following a weekend selloff. Despite the recent volatility, there remains a bullish sentiment surrounding cryptocurrencies, particularly Bitcoin. Bitcoin’s price has seen a slight decrease of less than 1% over the past 24 hours, hovering around $67,000. This decline comes after a selloff over the weekend that … Read more

China’s economic performance in the initial months of 2024 presents a mixed picture, offering both optimism and caution for policymakers and analysts alike. While industrial output surged by 7.0% in January and February, surpassing market expectations and indicating a rebound from previous months, retail sales saw a more modest increase of 5.5%, falling short of … Read more

In response to the economic slowdown fueled by demographic decline, South Korea is gearing up to tackle its deepening demographic challenges head-on. According to a report by the Korea Employment Information Service, Vice Labor Minister Lee Sung-hee emphasized the urgent need for job creation to counteract the country’s population decline. With rapid aging and a … Read more

In a recent development reported by the South Korean news agency Yonhap, Alibaba Group, the renowned Chinese e-commerce giant, unveiled its ambitious plan to invest $1.1 billion in South Korea over the next three years. This strategic move aims to bolster the company’s foothold in South Korea’s burgeoning e-commerce market while simultaneously fostering economic growth … Read more

The food tax rebate program in Boulder, Colorado, offers low-income residents an opportunity to receive $300 in free cash to help alleviate the financial burden of surging food prices. The program aims to mitigate the impact of city sales taxes on food for individuals with lower incomes. This initiative, which began in 1967, has become … Read more

Bitcoin, the largest cryptocurrency by market cap, has been making headlines once again as it soared past its previous all-time high, sparking both excitement and speculation among investors. With the recent approval of 11 bitcoin spot ETFs by the SEC, the cryptocurrency market has experienced a surge in optimism and investment. This move has not … Read more

In a recent development, Illumina Inc. has announced its decision to sell its subsidiary, Grail, following a federal appeals court ruling that deemed the $7.1 billion acquisition in 2021 anticompetitive. Grail specializes in producing a blood test designed to detect early signs of cancer. Illumina, known for its gene-sequencing products, expressed its commitment to a … Read more

As the new week unfolds, U.S. stocks are anticipated to open with a subdued performance, awaiting crucial data releases that will shed light on the health of the labor market. The focus will be on the November payrolls and unemployment data, as well as the latest report on job openings. Dow Jones Industrial Average futures … Read more

As Wall Street embraced the pre-Thanksgiving optimism, US stocks made gains on Wednesday, buoyed by a combination of factors ranging from declining oil prices to positive economic indicators. The Dow Jones Industrial Average rose 0.53%, closing at 35,272.77, with the S&P 500 not far behind, recording a 0.41% increase to 4,556.61. The Nasdaq Composite also … Read more