Goldman Sachs Targets Private Equity After Credit Suisse Shakeup
In an attempt to fill the hole left by unrest at regional banks and the sale of Credit Suisse, American investment bank Goldman Sachs is pushing its way into the lending market for asset managers and private equity.
May 18, 2024 10:26 AM EDT
Walmart Stock Up by 7%, Forecast Hints at Continued Buying Power
In accordance with prior comments made by one of its major suppliers and a competitor retailer, Walmart's optimistic outlook for the retail industry on Thursday indicated a solid consumer base in the United States.
Dow Unexpectedly Soars to 40,000, Marking the Highest for Wall Street
The Dow just reached 40,000 for the first time, marking the latest high point in an unexpectedly successful year for Wall Street.
Social Security 2025: Cost-of-Living-Adjustment Increased to 3.2%, But Will It Keep Up?
After the government announced that April inflation was in line with experts' predictions, the most recent estimate of Social Security's cost-of-living adjustment 2025 increased to 3.2%, according to new figures released on Wednesday.
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$1400 Stimulus: Ways to Spend Your Check Based on Finances
Below are some ideas on what you should use the money with so that you do not end up wasting these new funds.
Feb 12, 2021 12:54 AM EST
$2.3T Deficit Likely to Change After President Biden COVID-19 Relief Plan
If Biden plan does not push through, this year's deficit will equal 10.3% of the Gross Domestic Product, which is a measure of the total value of the economy's goods and services.
Feb 12, 2021 02:02 AM EST
Facebook Overpaid Billions in Penalties to Protect CEO Mark Zuckerberg?
Facebook allegedly paid $4.9 billion over accusations on users' privacy. But, why?
Feb 10, 2021 11:11 PM EST
Uber Barely Survived 2020, Mixed Q4 Performance Shows
At present however, the company is still losing about $1 billion a quarter on a GAAP basis. One way to describe how Uber did against expectations is that "it could have been worse."
Feb 10, 2021 11:00 PM EST
TikTok Sale to Walmart, Oracle Halted By Biden Administration
President Biden reportedly stopped a controversial landmark action by his predecessor Donald Trump, who can be remembered to have called it a a threat to national security.
Feb 10, 2021 09:38 PM EST
Tesla Bitcoin Leak: Reddit Insider Comes Clean About Knowing Elon Musk's Cryptocurrency Investment
There was no leak, just some fun made-up prediction that actually came true.
Feb 10, 2021 04:36 AM EST
Asia Stocks Hit Record High Over Higher Hopes Triggered By President Biden's Stimulus Package
These factors certainly fanned optimism about a global recovery from the pandemic, even if COVID-19 is yet to be driven away from this world.
Feb 10, 2021 08:00 AM EST
Invite-Only, Facebook Alternative Clubhouse Banned in China After Brief, Uncensored Period
The app allowed thousands of Chinese users to engage in uninterrupted and non-monitored discussions with people abroad about democracy, Taiwan and other sensitive topics
Feb 10, 2021 05:30 AM EST
Next Warren Buffett? 12-Year-Old South Korean Kid Gains 43% of Stocks
"Rather than short-term focused day trading, I want to keep my investment for 10 to 20 years with a long-term perspective, hopefully to maximize my returns."
Feb 09, 2021 08:35 PM EST
Robindhood Allegedly Caused 20-Year-Old to Take His Own Life Over Wrong Lost Money
Allegedly, Alex Kearns, a then-sophomore at the University of Nebraska at Lincoln, thought he had a negative $730,165 cash balance on Robinhood
Feb 09, 2021 02:52 AM EST
Jeff Bezos Might Leave Washington Soon For $2 Billion Yearly Tax
According to legislators, Amazon's CEO would owe about $2 billion a year in state income taxes under Washington's proposed wealth tax.
Feb 09, 2021 01:00 AM EST
US Treasury's 30-Year Yield Interest Rates Hit Highest Over Stimulus Impact
Why are yields rising in the first place even though the COVID-19 pandemic is far from over?
Feb 08, 2021 10:58 PM EST