Cathie Wood’s New ARK Space Exploration & Innovation ETF ARKX -1.04% It is already on its way to being one of the most successful fund launches in history despite criticism that it …
Read More »Johnson & Johnson’s Covid-19 Vaccine Emerges as the Vaccine of Choice for the Homeless
CHICAGO— Johnson & Johnson’s Covid-19 vaccine has found a niche among organizations working with the homeless, who say a one-dose injection is best suited for a population that can be difficult to …
Read More »If you sell a house these days, the buyer could be a pension fund
This winter a bidding war broke out in a new subdivision north of Houston. But the prize this time was the entire subdivision, not just a suburban home, illustrating the rise of …
Read More »US Treasury Yields Rise After Strong Jobs Report
US government bond yields rose after new data showed a big jump in hiring in March, giving investors more reason to be optimistic about the economic outlook. The yield on the benchmark …
Read More »Household spending in the US fell 1% in February
American households cut spending by 1% last month as cold weather hit much of the country, but they are poised to resume shopping as the pandemic slows and a new round of …
Read More »Turkish lira sinks after Erdogan fires Central Bank head
Turkey’s currency fell 9% on Monday, heading for its biggest single-day selloff since 2018, following the abrupt removal of the central bank governor last week. The lira fell to a low of …
Read More »Cruise lines fear another lost summer
PORT CANAVERAL, Fla. – Terminal Tres, a cavernous $ 155 million structure built for Carnival Cruises, is decked out in the company’s signature blue paint, hundreds of beechwood seats, and a sleek …
Read More »Americans are ready to travel. But where can they go?
Americans are looking to get out of the city after a year of virus-related travel restrictions. Finding out where they can go and what will be open when they get there remains …
Read More »One year without student loan payments
For the more than 42 million borrowers with federal student loans, the Covid-19 pandemic brought unexpected relief: a break in payments. The pause in interest accrual alone has saved borrowers approximately $ …
Read More »China’s debt-fueled youth spending spree sparks a reckoning
Chinese regulators trying to curb Ant Group Co. and a growing online lending industry have one target in their sights: the excessive and debt-fueled lifestyles of the country’s youth. Ahead of last …
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