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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Amazon Announces Q4 Earnings, 2020 Full Year Performance, and a New CEO for 2021
Amazon also announced that Andy Jassy will be taking on on the role of the Chief Executive Officer, while Jeff Bezos will transition to the role of Executive Chair in the third quarter of 2021.
Feb 02, 2021 07:25 PM EST
Republicans' Stimulus Proposal Deprives Third Check from 17% of Those Eligible Under President Biden's Plan
The GOP plan would allegedly cut of people earning higher than $50,000 a year and couples whose income is higher that $100,000
Feb 02, 2021 09:40 AM EST
GameStop, AMC Drama Over: Are the Reddit Investors Losing?
The stocks that have became quite popular among the Reddit investors - those that have values that increased exponentially overnight, are now crashing.
Feb 02, 2021 10:38 AM EST
CEO vs. CEO: Elon Musk Grills Robinhood Over GameStop Intervention
Musk did not merely directed the floor to Robinhood's CEO. Instead, what transpired seems to be a CEO-to-CEO showdown.
Feb 01, 2021 08:29 PM EST
WallStreetBets, GameStop Drama Eyed to be Movie Soon
Hollywood already has its sights set on last week's GameStop trading frenzy, knowing how interested investors and non-investors alike will be.
Feb 01, 2021 03:00 AM EST
Dow Futures Drop 100 Points, Should Investors Be Alarmed?
Futures contracts tied to the Dow Jones Industrial Average have witnessed a decline of 81 points, or 0.26%.
Jan 31, 2021 10:39 PM EST
GameStop UPDATE: Melvin Capital Loses 53%, Redditors Want to See it Lose Remaining 47%
MelvinIt remains to be seen if these fresh injections can save Melvin Capital from the very persistent "amateur" investors who have made the hedge fund their core "enemy."
Jan 31, 2021 08:59 PM EST
Facebook, Google Face Antitrust Lawsuit Charges
HD Media accuses Google of having so monopolized the online ad market that it has become a threat.
Jan 30, 2021 02:00 AM EST
'Toys R Us' Closes Two Remaining Stores in the US as COVID-19 Pandemic Rages
Toys R Us made the difficult decision as the consequence of all the hardships brought about by the coronavirus pandemic.
Jan 30, 2021 12:35 AM EST
Valentine's Day 2021: New York to Allow Indoor Dining if This Happens
New York will strive to make the day feels as magical as it has been before the pandemic hits by allowing indoor dining.
Jan 29, 2021 08:28 PM EST
Roblox Delays Going Public Because of Heavier SEC Scrutiny
The company had announced regulatory filing earlier this month that it was aiming to list shares on the New York Stock Exchange by February but this is no longer the case.
Jan 29, 2021 03:32 AM EST
Don't be so Desperate to be Vaccinated; Here's Why
According to the Federal Trade Commission, anyone saying they can give a vaccine shot even if to non-eligible individuals are scammers.
Jan 29, 2021 02:55 AM EST