Las Vegas has always had a mixed relationship with its history. The city likes to evoke its classic past, but casino operators generally recognize that while people want photos with nostalgic nods to the past, such as the classic Las Vegas sign, they generally don’t want to be in outdated “classic” hotel casinos. stay. The … Read more
US stocks ended on a decidedly higher note Friday, posting sharp gains in a final swing higher in the last hour of trading, helping to erase sharp weekly declines and record multi-week loss streaks across all major benchmarks. What did stock benchmarks do? The S&P 500 SPX index rose 2.4% to 4,431.85, finishing significantly higher … Read more
Rising oil and gas prices and the economic upturn in 2021 helped Chevron (NYSE: CVX) record a record high free cash flow last year and its best full-year profit since 2014. Chevron Friday reported a full-year 2021 profit of $15.6 billion, compared to a loss of $5.5 billion in 2020. The US supermajor also posted … Read more