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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Can Amazon CEO Jeff Bezos Go Bankrupt? Expert Says Yes!
Here are the reasons why Amazon could end up bankrupt.
Dec 14, 2020 02:00 PM EST
Report: Tesla Model S, X to Suspend Production, Forcing Workers to Take Unpaid Take Off Work
Tesla will suspend Model S and Model X vehicles production for 18 days starting in late December.
Dec 14, 2020 09:12 AM EST
PayPal New Charge: How to Avoid Paying?
Paypal introduces a $12.8 "dormant fee" for its users whose account has been inactive for at least one year but still has their money left in their account.
Dec 14, 2020 11:00 AM EST
Reddit Buys Dubsmash in Bid to Compete with Rival TikTok
Reddit buys TikTok's rival Dubsmash and becomes the latest company expanding in a space dominated by the Chinese-owned company.
Dec 14, 2020 04:52 AM EST
Disney Pushes Market Cap to Over $310 Billion as It Accelerates Global Direct-to-Consumer Streaming
Disney stock trades at an all-time high of 12.4% or $173.84, pushing its market value to more than $310 billion.
Dec 14, 2020 10:20 AM EST
Hyundai Buys Majority of Boston Dynamics, Maker of Acrobatic Robots
Hyundai Motor Group announced it is buying Boston Dynamics' majority stake, the advanced robot maker.
Dec 14, 2020 04:18 AM EST
$908 Billion COVID-19 Relief Fund "Stuck" Over Party Issues
The COVID-19 relief negotiation is again stuck with Democrats and Republicans divided on a possible deal's scope and size.
Dec 11, 2020 08:12 AM EST
Messenger Down: Was Cause Related to Facebook's Antitrust Case?
Thousands of users reportedly had a problem with Facebook, Messenger, and Instagram for four hours. Is this something to do with the tech giant's antitrust case?
Dec 11, 2020 05:25 AM EST
The Vital Role of Online Grocery Shopping
Online grocery shopping skyrocketed due to people's decision to minimize close interpersonal contact with strangers.
Dec 10, 2020 03:00 PM EST
Monulparivir: New "Powerful" COVID-19 Drug Starts its Human Trials
A new oral drug, Monulparivir, which completely suppresses COVID-19 transmission within 24 hours is in Phase II/III of human trials.
Dec 10, 2020 06:43 AM EST
FACT-CHECK: Will There be Tesla-Apple Self-Driving Car Soon?
Tesla and Apple are two of the most famous tech companies in the world. But, is it true that both companies will produce self-driving cars soon?
Dec 10, 2020 03:55 AM EST
FDA Grants Priority Tag to Pfizer Pneumococcal Vaccine, Company Could Gain Billions in Revenue
Pfizer Inc. announced that the Food and Drug Association (FDA) granted priority review to its biologics license application that seeks approval for its 20-valent pneumococcal conjugate vaccines for adults amid company's stock shares soar.
Dec 09, 2020 04:20 PM EST
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