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Trade group: Retail sales should grow 6.5% to 8.2% this year
NEW YORK - The nation's largest retail trade group is forecasting strong retail sales growth this year that could surpass last year's pace as more individuals get vaccinated...
8 hours ago - Chron - 3 articles
A fast economic reopening is a double-edged sword for the stock market that could lead to value outperforming while growth stocks lag, Ned Davis Research says
A trader works on the floor at the New York Stock Exchange in New York City, New York, U.S., March 3, 2020. Andrew Kelly/Reuters A plunge in COVID-19 cases and a faster...
10 hours ago - Business Insider - 5 articles
Economists are scared to tell you the good news about the US economy
A fan holds an American flag as paper falls from buildings above during the ticker tape parade for the U.S. women's soccer team to celebrate their World Cup final win over...
10 hours ago - Business Insider
Fed's Powell clearly backs Democrats' large-scale stimulus proposal, Sen. Sherrod Brown says
Sen. Sherrod Brown speaks at the NAN Conference on April 5, 2019 in New York City. Hollis Johnson/Business Insider It's "clear" Fed Chair Powell supports large-scale fiscal...
12 hours ago - Business Insider - 2 articles
SPAC Reinvent Technology Partners surges after merger deal to list Joby Aviation on NYSE
Summary List Placement Shares of the special purpose acquisition company Reinvent Technology Partners surged as much as 9% on Wednesday before paring gains after the...
13 hours ago - Business Insider - 5 articles
Primary Venture Capital raises $150M third fund to back NYC startups
Primary Venture Partners , a firm focused exclusively on investing in New York-area startups, has raised $150 million in its third fund for seed investments , as well as $50...
13 hours ago - Tech Crunch - 2 articles
Wealth management solution provider goes public via SPAC
Summary List Placement Apex, a US-based digital clearing and custody solution provider for the wealth management industry, has announced a definitive merger agreement with...
13 hours ago - Business Insider
3 top execs at hedge fund Elliott Management have put their New York apartments up for sale as the firm moves to Miami. See inside one of the $39.5 million homes
The living room of a TriBeCa apartment that's being listed for $39.5 million. Compass Top execs from Elliott Management are selling their New York homes, the Wall Street...
14 hours ago - Business Insider - 5 articles
Venture capital firm Antler is looking to hire a partner in France to open a new Paris office
Summary List Placement Antler, a startup generator and early-stage venture capital firm, is in talks to hire its first partner in France. Antler is a "company builder" that...
17 hours ago - Business Insider - 3 articles
Nautilus, Cracker Barrell fall; Ingersoll, Extra Space rise
NEW YORK - Stocks that traded heavily or had substantial price changes Tuesday: Republic Services Inc., down 4 cents to $88.96. The waste management company beat Wall Street's...
1 day ago - Chron
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Dow closes at record high as Powell signals Fed to remain accommodative
Summary List Placement The Dow Jones Industrial Average closed at record highs on Wednesday as Federal Reserve Chairman Powell signaled that the Fed will continue to remain...
Investing legend Charlie Munger blasts SPACs as indication of an 'irritating...
Summary List Placement Charlie Munger said SPACs are an "irritating bubble" at the Daily Journal annual meeting Wednesday. The Berkshire Hathaway vice-chairman said the world...
Square CFO says 1 million users of its Cash App service bought bitcoin for...
Summary List Placement Square CFO Amrita Ahuja said one million users bought bitcoin for the first time last month through Cash App, its mobile payment service that allows...
Chamath Palihapitiya unveils investment in ReNew Power, India's largest...
Summary List Placement Chamath Palihapitiya is supporting a private investment in public equity in Goldman-backed ReNew Power, an Indian renewable energy company. ReNew will...
Home Depot will surge 35% for 5 key reasons, according to Bank of America
Summary List Placement Home Depot's sales growth and the potential for up to $10 billion in share buybacks are among five reasons to buy into the home-improvement retailer...
Microsoft announces industry clouds for finance, manufacturing, and nonprofits
Microsoft announced a trio of new industry clouds as the company doubles down on its specialized, sector-specific support.
Goldman Sachs CEO David Solomon wants staff back in the office ASAP and says...
Summary List Placement One of Wall Street's most influential CEOs has doused a bucket of cold water on the idea of long-term remote work and a potential second year of virtual...
New Home Sales increase to 923,000 Annual Rate in January
The Census Bureau reports New Home Sales in January were at a seasonally adjusted annual rate of 923 thousand. The previous three months were revised up. Sales of new...
SPAC Reinvent Technology Partners surges after merger deal to list Joby...
Summary List Placement Shares of the special purpose acquisition company Reinvent Technology Partners surged as much as 9% on Wednesday before paring gains after the...
Bitcoin surges back above $51,000 after Square's $170 million investment...
Summary List Placement Bitcoin rebounded on Wednesday, climbing back above the $50,000-level after a sharp selloff to start the week. The world's largest cryptocurrency by...