Wednesday, May 12, 2021
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National average for gasoline tops $3 a gallon amid pipeline shutdown, rush to buy in Southeast

A driver leaves BJ's station looking for gas, after a cyberattack crippled the biggest fuel pipeline in the country, run by Colonial Pipeline, in Norfolk, Virginia, May 11, 2021.Jay Paul | ReutersThe national average for a gallon of gas jumped above $3 on Wednesday for the first time since

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5 things to know before the stock market opens Wednesday

Here are the most important news, trends and analysis that investors need to start their trading day:1. Futures fall with tech sell-off set to resumeTraders on the New York Stock ExchangeSource: NYSEU.S. stock futures declined early Wednesday, led by tech shares once again. Dow Jones Industrial Average futures fell

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Geojit inks pact with Punjab National Bank to offer three-in-one account

and joined hands to tap retail customers, who are aiming to save more and betting big on capital markets amid pay cuts and falling income levels. Both the entities signed an agreement to offer a “three-in-one account”, which will combine savings and demat accounts of the bank with

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Stocks making the biggest moves in the premarket: Wendy’s, fuboTV, Vizio, Lemonade & more

Take a look at some of the biggest movers in the premarket:Amazon.com (AMZN) – A European Union court ruled in Amazon's favor in a $303 million tax case, scrapping an EU mandate that Amazon pay back taxes to Luxembourg. The court rejected the contention that Amazon had received an

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Bad bank chief: Government again taps SBI’s talent

(This story originally appeared in on May 12, 2021)MUMBAI: The proposed ‘bad bank’, which will help public sector lenders clean up their loan books, has got its first senior executive — Padmakumar Madhavan Nair. According to sources, Nair, who is chief general manager in charge of stressed assets

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Stock futures are flat after Dow’s worst day since February, key inflation data on deck

U.S. stock futures were little changed in overnight trading on Tuesday after the Dow's worst day since February.Dow futures fell just 30 points. S&P 500 futures dropped 0.12% and Nasdaq 100 futures slipped 0.14%.On Tuesday, technology stocks fell but eventually recovered, spurring selling in the broader market. The Dow

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Stocks making the biggest moves after hours: fuboTV, Opendoor Technologies, Electronic Arts & more

The fuboTV logo is hung from the New York Stock Exchange on the day of its IPO in the Manhattan borough of New York City, New York, U.S., October 8, 2020.Carlo Allegri | ReutersCheck out the companies making headlines after the bell on Tuesday:Electronic Arts — The video game

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Fed’s Bullard says ‘it’s too early to talk taper’ while the pandemic continues

St. Louis Federal Reserve President James Bullard acknowledged the progress the economy has made but said Tuesday it's still not time to ease back the throttle on policy.In an interview on CNBC's "Closing Bell," the central bank official said fiscal and monetary policy help as well as aggressive vaccination

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