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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DoorDash IPO Delivers $3.37 Billion Despite Company's Lack of Profits
DoorDash had an explosive growth this year with the initial public offering of its stock.
Dec 09, 2020 04:19 PM EST
[VIRAL] Shop Worker Dies to Electric Shock as Charging iPhone Falls in the Bath
A Russian shop worker was electrocuted due to the fall of her charging iPhone into her bath.
Dec 09, 2020 11:58 AM EST
$600 Stimulus Checks? White House Urges New COVID Relief Bill
A COVID relief package worth $916 billion was proposed by the White House, including $600 stimulus checks.
Dec 09, 2020 10:24 AM EST
Elon Musk Moves to Texas: Top Causes and Effects to Watch Out
Elon Musk, Tesla's CEO, said he moved to the Lone Star State, Texas City from California, during his interview with The Wall Street Journal Tuesday.
Dec 09, 2020 08:29 AM EST
Tesla Snap: What's Hidden Under the Mint-Green Covers?
Tesla Model Y bodies were allegedly spotted at the Gigafactory Berlin complex by multiple drone operators in the area.
Dec 08, 2020 06:09 PM EST
Tesla's Ex-Autopilot Head to Own Uber's Self-Driving Unit Soon
Uber is selling its autonomous vehicle unit to startup Aurora as a strategic plan to shift its own self-driving car.
Dec 08, 2020 05:20 AM EST
Ikea Kills Off Remarkable 70-Year Catalog, By Doing it All Online
Ikea, the Swedish furniture giant is phasing out its phenomenal catalog.
Dec 08, 2020 03:31 AM EST
Pandemic Effects: Top Business You Would NOT Want to Enter Right Now
According to a survey, since the start of the COVID-19 pandemic, 17% or about 110,000 U.S. restaurants have permanently closed down.
Dec 08, 2020 05:00 AM EST
Monulparivir: New Antiviral Drug That Completely Suppresses the Transmission of the COVID-19 in 24 Hours
A new antiviral drug, Molnupiravir can manage to "completely" stop the transmission of the virus within 24 hours.
Dec 07, 2020 12:54 PM EST
Elon Musk Plans to Move to Texas, Weeks After Becoming World's 2nd Richest Person
Elon Musk reportedly told his friends that he plans to move to Texas amid the ongoing feud with California lawmakers over COVID-19 restrictions.
Dec 07, 2020 07:49 AM EST
White House Economic Advisor Signals There's No Rush Releasing Second Coronavirus Stimulus Package
Chief economist at the National Economic Council, Joseph LaVorgna, suggests the White House is not in a rush of releasing the second stimulus package.
Dec 07, 2020 04:26 AM EST
Meet Luminar's Founder, the Newest and Youngest Self-Made Billionaire at 25
A 25-year-old CEO founded his company and became a billionaire after taking the firm public.
Dec 07, 2020 03:27 AM EST
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