Apple, Biogen and Bitcoin: 5 Things You Must Know Monday

Apple, Biogen and Bitcoin: 5 Things You Must Know Monday

Here are five things you must know for Monday, June 7: 1. — Stock Futures Waver as Wall Street Weighs Inflation and Taxes Stock futures fluctuated Monday after Wall Street rallied to close out last week following a jobs report that eased concerns the Federal Reserve would be pulling back on economic support. Contracts linked … Read more

Washington Post publisher accuses the Biden Justice Department of ‘unprecedented assault on American news organizations’

Washington Post publisher accuses the Biden Justice Department of 'unprecedented assault on American news organizations'

President Joe Biden. AP Photo/Evan Vucci, File The Washington Post’s publisher accused the Biden DOJ of “unprecedented” assault on the media. Fred Ryan described an “escalation” in attacks on the First Amendment since Trump left office. See more stories on Insider’s business page. The publisher of The Washington Post accused the US Department of Justice … Read more

Upside Elusive for Bitcoin as Yellen Says Fed Rate Hike a ‘Plus’

Upside Elusive for Bitcoin as Yellen Says Fed Rate Hike a ‘Plus’

Bitcoin struggled to gather upside traction as U.S. Treasury Secretary Janet Yellen kept the market from cheering El Salvador’s plans to adopt the leading cryptocurrency as legal tender. In a taped announcement on Saturday, El Salvador President Nayib Bukele said he plans to submit legislation that will make bitcoin legal tender. The announcement lifted sentiment, … Read more

Boris Johnson got annoyed when Biden mentioned the US and UK’s ‘special relationship’ because he thinks it makes Britain look needy, report says

Boris Johnson got annoyed when Biden mentioned the US and UK's 'special relationship' because he thinks it makes Britain look needy, report says

A composite image of UK Prime Minister Boris Johnson and US President Joe Biden. Getty Biden mentioned the US-UK “special relationship” on a call with Johnson, The Atlantic reported. Johnson told Biden he didn’t like using the term, the outlet said. Johnson thinks the term makes his country look weak and needy, the report said. … Read more

A new ‘Bachelorette’ with more NC connections

A new ‘Bachelorette’ with more NC connections

The Bachelorette (8 p.m., ABC) – Katie Thurston — a fan-favorite from Raleigh native Matt James’ “Bachelor” season — is this season’s “Bachelorette.” And we know that there are at least two suitors on the show with North Carolina ties: Gabriel Everett, a model from Charlotte; and Landon Goesling, a high school coach from Dallas, … Read more

Inflation is rising and that probably isn’t a good thing for stocks, nearly 60 years of data shows

Inflation is rising and that probably isn't a good thing for stocks, nearly 60 years of data shows

U.S. Treasury Secretary Janet Yellen may be open to seeing a period of hot inflation fueled by the one-two punch of President Biden’s infrastructure plan and the natural effects of an economy trying to rebound from a bruising pandemic.  But history shows that such a robust inflationary period isn’t too kind to the portfolios of … Read more