Gold surges to 7-year high as investors seek safety trade

Gold surges to 7-year high as investors seek safety trade

Gold touched its highest level in more than seven years on Thursday as investors piled into the so-called safe haven asset amid ongoing concerns that the coronavirus outbreak will dent global growth.Gold rose to $1,621.60 per ounce, its highest level since February 15, 2013. On Wednesday, the metal settled at $1,611.80 — its highest settle…

Stamps.com jumps more than 50% Thursday, a year after crashing nearly 50% in a single day

Stamps.com jumps more than 50% Thursday, a year after crashing nearly 50% in a single day

A Stamps.com promotional imageSource: Stamps.comThere’s volatility and then there’s Stamps.com.Shares of Stamps.com rallied more than 50% on Thursday after the mailing and shipping services company posted quarterly numbers that blew away analyst expectations.The company reported an adjusted profit of $2.12 per share for the fourth quarter on revenue of $160.9 million. Analysts polled by Refinitiv…

Greenville, Upstate early dismissals, closings, delays for winter weather

Greenville, Upstate early dismissals, closings, delays for winter weather

(Latest forecast above)Here is the latest on early dismissals and closings for Thursday. FULL LIST: Up-to-the-minute delays, closingsSpartanburg County District 1:”EARLY RELEASE ANNOUNCEMENT | A winter weather advisory has been issued for portions of Upstate South Carolina beginning at 10 AM today until 12 AM Friday morning, to possibly include sub-freezing temperatures and widespread black…

Morgan Stanley to buy E-Trade for $13 billion

Morgan Stanley to buy E-Trade for $13 billion

Wall Street investment bank Morgan Stanley will acquire E-Trade for $13 billion, the companies said on Thursday, the latest in a consolidation wave for the brokerage industry that collectively lowered trading commissions to zero last year.Morgan Stanley will pay $58.74 a share in stock for E-Trade in a deal bringing together $3.1 trillion in client…