Reuters Bill Ekman, founder of Persons Square Capital, said in a letter to investors that wealth inequality is a “black-swan-type” threat to investors and American capitalism, but the government can work to …
Read More »Chinese Tesla competitor Nio sinks after more than expected share sale (NIO)
Denzel ullstein bind via Getty Images Nio announced on Monday that it sold 88.5 million US depository shares for $ 17 per piece. Shares of Nio lost 8% in Monday trading. The …
Read More »Apple, Tesla jump as stock split
Apple CEO Tim Cook congratulates customers on the grand reopening of Apple’s flagship Apple Fifth Avenue retail store in New York City on September 20, 2019. Taylor hill | Getty Images Apple …
Read More »Carlile’s David Rubenstein on stock market rally with coralvirus virus
Carlile Group co-founder David Rubenstein told CNBC on Monday that he is “still a little nervous” about the stock market’s strong rally from his coronovirus eras. “I think the market has to …
Read More »Dow futures rose 100 points due to Dow Street being the best August in more than 30 years
Traders and financial professionals work on the floor of the New York Stock Exchange next to the closing bell. Johannes Isle | AFP | Getty Images US stock futures rose on Sunday …
Read More »“We’re not Budding” on the size of the Stimulus package – $ 2.2 trillion or nothing
US House Speaker Nancy Pelosi (Photo by Lenin Nulli / Nurpo via Getty Image) NurPhoto via Getty Images House Speaker Nancy Pelosi has given a blunt message to her Republican colleagues on …
Read More »Fed’s Meister says recovery will be ‘a slow pace’ and requires more economic support
A top central bank official said that the Federal Reserve will have to continue to support the economy as the pace of recovery from the coronovirus epidemic is going to slow. Cleveland …
Read More »Stock futures flat in night trading as Wall Street wraps up record-setting week
Futures tied to the major US equity benchmark climbed slightly in overnight trading on Thursday as Wall Street attempts to build on its record-breaking rally. The Dow Jones Industrial Average futures gained …
Read More »NPSE gets approval for cheap IPO option for companies amid SPAC boom
The New York Stock Exchange has obtained approval from regulators to allow companies to issue new shares through direct listings, making it a cheaper alternative to the traditional public public offering. The …
Read More »Another 1 million applied for unemployed benefits as coronovirus epidemic affects the economy
During the coronovirus epidemic, people wear their face masks on April 14, 2020 in Los Angeles, California, waiting for emergency food delivery at Christ’s 88th Street Temple Church of God. Frederick J. …
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