Don’t invest in a SPAC just because a celeb is involved, SEC warns
Shaquille O’Neal, Colin Kaepernick, Jay-Z and other celebrities are jumping into the SPAC boom. And the SEC is getting worried. “Never…
Continue ReadingShaquille O’Neal, Colin Kaepernick, Jay-Z and other celebrities are jumping into the SPAC boom. And the SEC is getting worried. “Never…
Continue ReadingElon Musk lost tens of billions of dollars last week. He made nearly all of that back in a single day, Tuesday, following a 20% rally in…
Continue ReadingOn a bustling Tuesday morning, Xiomy de la Cruz greets volunteers at a local food bank and tasks them with the day’s assignments —…
Continue ReadingGeneral Electric is selling off its aircraft leasing business, closing the books on its once mighty GE Capital unit, the financial arm of the company…
Continue ReadingIf you’ve gone into your local independent grocery store recently, chances are you’ll still find a shortage of items like toilet paper,…
Continue ReadingStarbucks wants you to buy more of its coffee at the grocery store. So it’s offering up something more on-trend than the bottled Frappucinos of…
Continue ReadingOne year after it began, the Covid-19 pandemic nightmare is nearly over. With millions of Americans getting vaccinated each day and the imminent…
Continue ReadingClorox got a huge boost from worried consumers continually wiping down surfaces at home during the height of the pandemic. But now that more people…
Continue ReadingStarbucks wants you to buy more of its coffee at the grocery store. So it’s offering up something more on-trend than the bottled Frappucinos of…
Continue ReadingThe US economy added 379,000 jobs last month, far more than economists had expected, signaling the labor market recovery is finally gaining steam.…
Continue ReadingThe average paycheck for American workers has gotten bigger during the pandemic. Ordinarily that would be cause to jump for joy. But the reason for…
Continue ReadingThe national unemployment rate is masking how much some groups are still struggling in the pandemic economy. That’s why the Federal Reserve…
Continue ReadingThe American job market is nowhere near fixed. Nearly one year into the pandemic, the nation is still down nearly 10 million jobs. Another 745,000…
Continue ReadingGameStop shares climbed rapidly and were halted twice for volatility ahead of the closing bell Wednesday. The gaming retailer’s stock was…
Continue ReadingMichael Bolton wants you to dump Robinhood. In the strangest twist yet in the already bizarre Robinhood saga, Bolton is singing about payment for…
Continue ReadingThe US economy fared ever so slightly better in the fourth quarter of 2020 than initially thought. The nation’s gross domestic product grew at…
Continue ReadingUS consumer spending jumped at its quickest pace since June as stimulus checks put more cash into Americans’ wallets. Incomes rose 10% in…
Continue ReadingAnthony Scaramucci is dumbfounded by the universal opposition among Republicans in Congress to President Joe Biden’s $1.9 trillion America…
Continue ReadingHeading into 2021, most of Wall Street was in agreement: the US dollar, which spiked a year ago as Covid-19 sent markets into a tailspin, was poised…
Continue ReadingBeijing has summoned Britain’s ambassador to China over an article she wrote on press freedom, escalating a bitter row between the two…
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