• 6 Democratic state lawmakers call for the impeachment of NY Gov. Andrew Cuomo

    1 month ago - By Business Insider

    Summary List Placement In a joint letter obtained by Insider on Tuesday, six Democratic lawmakers from the New York State Senate and Assembly called for impeachment proceedings against Gov. Andrew Cuomo.
    The letter from members of Cuomo's own party marks the most significant development in a potential impeachment to date.
    The legislators said Cuomo's "predatory behavior" and "gross misconduct" demand impeachment proceedings.
    All six lawmakers identify as socialists, and are part of a new wave of left-wing lawmakers who emerged in recent primaries to challenge the political...
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  • Value stocks will continue to beat growth even after record outperformance in February, Bank of America says

    Value stocks will continue to beat growth even after record outperformance in February, Bank of America says

    1 month ago - By Business Insider

    A trader with Bank of America/Merrill Lynch works on the floor of the New York Stock Exchange in New York, on May 10, 2011
    Ramin Talaie/Corbis via Getty Images
    Value stocks outperformed growth stocks by the largest margin since 2001 in February, according to Bank of America. The firm says rising rates triggered the value rotation, but the profit cycle and valuations could continue to drive outperformance. Sign up here for our daily newsletter, 10 Things Before the Opening Bell. After stellar outperformance in February, value stocks could continue to beat growth stocks, according to Bank of...
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  • US stocks mixed as investors hit pause on Monday's rally

    1 month ago - By Business Insider

    Traders work on the floor of the New York Stock Exchange on November 20, 2019 in New York City
    Spencer Platt/Getty Images
    US stocks were mixed on Tuesday following the S&P 500's best daily gain since June on Monday. Zoom popped 9% after the video-conferencing darling beat earnings expectations. China's banking regulator warned US markets are potentially creating bubbles. Sign up here for our daily newsletter, 10 Things Before the Opening Bell. US stocks were mixed on Tuesday after a rally on Monday that saw the S&P 500 post its strongest daily gain since June, as the full reopening of the...
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  • The coronavirus variant first found in New York has spread to 14 other states, and the CDC has recorded more than 700 cases

    1 month ago - By Business Insider

    A traffic sign reads, "quarantine for 14 days" above a road in Brooklyn on October 25, 2020 in New York City.
    Noam Galai/Getty Images
    Around 735 cases of the coronavirus variant first found in New York have been recorded in the US, a health official told Bloomberg.
    Gregory Armstrong, a CDC director, said 585 cases had emerged in the past two weeks.
    The variant had reached 15 states, he said. It's not known if it's more contagious than the original virus.
    Visit the Business section of Insider for more stories .
    The US has now recorded roughly 735 cases of the coronavirus variant that...
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