Tesla’s China-made Model Y takes off despite holiday car sales slump
A Model Y vehicle displayed at a Tesla flagship store on Jan. 4, 2021 in Shanghai, China. Gao...
The SEC says never invest in a SPAC based solely on a celebrity’s involvement
The headquarters of the US Securities and Exchange Commission (SEC) is seen in Washington, DC, January 28, 2021....
Mortgage refinance demand plunges 43% from a year ago, as higher interest rates take their toll on borrowers
A house’s real estate for sale sign is seen in front of a home in Arlington, Virginia, November...
Market bull Jeremy Siegel warns the Nasdaq rebound will unravel, favors value stocks
The Nasdaq rebound may last shorter than a New York minute. Wharton School finance professor Jeremy Siegel sees...
‘Significant long-term scarring’ in services will limit pent-up consumer demand and suppress inflation, economist Stephen Roach predicts
Economist Stephen Roach said Monday he believes Wall Street is overestimating a consumer comeback. According to the Yale University...
Stocks making the biggest moves midday: Apollo, GE, GameStop and more
Here are the stocks making headlines in midday trading. Apollo Global Management – Shares of the private equity...
Goldman Sachs forecasts a jobs boom, says unemployment rate could fall to 4.1% by the end of 2021
Unemployment could fall this year to close to where it was prior to the Covid-19 pandemic, according to...
Dow futures rise more than 100 points after Senate passes $1.9 trillion Covid relief bill
Traders work on the floor of the New York Stock Exchange. NYSE Dow futures rose on Sunday evening...
Investors haven’t fully grasped inflation is ‘dead ahead,’ economist Mark Zandi warns
Investors may want to hold on even tighter. Moody’s Analytics Mark Zandi believes Wall Street is significantly underestimating...
Chinese foreign minister takes firm tone, calls for ‘non-interference’ between China and the U.S.
The flags of China, U.S. and the Chinese Communist Party are displayed in a flag stall at the...
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