Yet for stock market mavens who have read up on the four-year presidential election cycle, what is occurring in the markets looks quite familiar. The market soared early in Donald J. This rough pattern isn’t a constant throughout history, but it has occurred quite frequently in presidencies going back to 1900. Ned Davis Research ran […]
Mr. Joseph, 30, who lives in the East New York neighborhood of Brooklyn, was teaching at Puff, Pass and Paint, a Bring Your Own Cannabis painting class with locations in multiple cities that draws hundreds of people each month in Brooklyn alone. New York State legalized recreational marijuana use last March, and the state’s first […]
Ms. Svoboda, 42, of Longwood, Fla., and the caterer, Joycelyn Bryant, 31, have been charged with two felonies — food tampering and the delivery of marijuana — and culpable negligence, a misdemeanor. Mr. Svoboda was not arrested, according to the affidavit. One guest became so alarmed by the side effects of the drug that her […]
1 cryptocurrency by market value , are under heavy pressure to reduce its carbon footprint — the planet-warming emissions from burning fossil fuels for electricity to run the network’s computations, known as mining. The Cambridge Center for Alternative Finance calculates that Bitcoin mining, on the whole, consumes slightly more energy than gold mining, which is […]
Better.com was one of the pandemic’s early business winners, quadrupling in size when mortgage rates were low — but it has become better known for bungling its approach to downsizing. During its latest round of layoffs, Better.com pointed to turbulence in the housing market as a reason for the contraction. Mr. Benson-Armer’s memo said all […]
But if the market doesn’t feel the sting, prospective home buyers certainly will, especially those who are already struggling with the rising costs of food, gas, cars and other everyday necessities. Mr. Musk has said that he has a Plan B if Twitter rejects his offer, but even so, he is likely to face intense […]
Last fall, he explained to a group of businessmen gathered at his palatial home, a hacker had stolen $300,000 of digital tokens from his cryptocurrency wallet. He had gotten the bad news at dinner on a Friday, he said, while he was telling a venture-capitalist friend about the time he sank his yacht during a […]
The headlines about inflation have, once again, been awful. Stocks and bonds have been shaky since the start of the year, and the tragedies of the larger world are profound and proliferating. Yet precisely because so much awful news has already been incorporated in stock, bond and commodity prices, there is reason for suspecting that […]
Luis Solis, a real estate agent in Portland, Ore., marked a milestone weekend late last month. An offer finally came in, but instead of being 10 to 15 percent higher than the listing — something that became almost standard at the height of the coronavirus pandemic’s housing market — it was right at $500,000. Taking […]
“The revenue is a good thing for the city of Elizabeth,” said J. New Jersey voters approved a referendum legalizing marijuana in November 2020, but it was not until this week that the commission established a pathway for the first legal sales of adult-use, recreational cannabis. Still, one of the biggest cannabis companies in the […]
“The path to get there does not have to be any specific length of time,” said Jeff Brown, executive director of the state’s Cannabis Regulatory Commission. Officials said on Monday that each of the cannabis companies had demonstrated that they had enough supply for both medical and recreational customers. Smaller entrepreneurs also hoping to open […]
But professional traders who speculate on the direction of wheat prices using so-called futures contracts, and businesses that use those contracts to lock in prices for the grain, couldn’t figure out why the price of one of the most popular contracts had shot up so suddenly that it prevented them from trading. For five days […]
Tesla said it delivered 310,000 vehicles from January through March, up from 185,000 cars during the same period in 2021, roughly in line with Wall Street’s expectations. The increase in the first quarter builds on Tesla’s momentum from last year, when it nearly doubled sales, to just short of 1 million cars, and overtook Volvo […]
The Marijuana Opportunity Reinvestment and Expungement Act, which passed 220-204, is unlikely to secure 60 votes to pass the Senate, despite the backing of the majority leader, Senator Chuck Schumer of New York. The Democrats’ bill would remove marijuana from the federal government’s list of controlled substances, impose an 8 percent tax on cannabis products, […]
A few weeks ago, the Ask Well column highlighted treatments for low libido in women. Marijuana, the most commonly used drug that is federally illegal, is currently allowed for medical use in 37 states, and in 18 states for adult recreational use. The bottom line: It’s hard to say with certainty that cannabis will increase […]
The DealBook newsletter delves into a single topic or theme every weekend, providing reporting and analysis that offers a better understanding of an important issue in business. On the day Russia invaded Ukraine, Russia’s main stock index lost a third of its value. A week later, in an interview on live television in Russia, a […]
“It’s been decades since we’ve seen wholesale declines like these,” said Kathy Jones, chief fixed income strategist at the Schwab Center for Financial Research. Whatever you call it, this venerable bond index, which is mirrored by many exchange-traded funds and index funds, was down 6.2 percent this year. They are global in scope, as are […]
Gov. He also questioned whether it was solving any pressing issue, writing in a letter to lawmakers that “the presumption of the policy laid out in H.E.A. Sports participation by transgender girls and women has become an increasingly divisive topic among political leaders and sports sanctioning groups, which have struggled with the issue in a […]
When California legalized cannabis for recreational use in 2016, state lawmakers announced their intention to build racial and social equity into the marketplace, to help communities upended by the ravages of the war on drugs. For a Times article published last week, Mr. Corkery interviewed more than 30 business owners, investors and regulators in California’s […]
