Roaring economy will benefit more than just reopening trades, Credit Suisse analyst says
Credit Suisse’s Jonathan Golub is urging investors to get clever with recovery plays. He’s advocating a broad strategy that goes beyond reopening trades such as airlines and hotels. “It could be metals and mining companies. It could be machinery and...
Shift in U.S. spending emphasis ‘almost the end of Reaganomics,’ strategist says
U.S. President Joe Biden attends an event where he announced administration plans to double its order of the single-shot Johnson & Johnson coronavirus vaccine, procuring an additional 100 million doses, in the South Court Auditorium at the White House in...
Dow futures inch higher ahead of Monday’s market open
Traders on the floor of the New York Stock Exchange. Source: NYSE U.S. stock futures were mixed early Monday morning and pointed to a cautious open later in the day. That followed last week’s rally that led the Dow and...
Bitcoin surpasses $60,000 in record high as rally accelerates
Representation of the virtual currency Bitcoin is seen on a motherboard in this picture illustration taken April 24, 2020. Dado Ruvic | Reuters Bitcoin crossed a record high of $60,000 on Saturday morning, continuing its rally as major companies and...
The pandemic stranded these Americans overseas. Now, their unemployment benefits are in jeopardy
Justin Samuels, 44, was living in Malaga, Spain, when the Covid pandemic hit. The freelance writer is fighting New York for unemployment benefits. Justin Samuels Justin Samuels was living abroad in Malaga, a Spanish port city in the country’s south,...
Stocks making the biggest moves midday: Ulta, Alibaba, Netflix & more
The signage is seen at Alibaba Group headquarters during the company’s 11.11 Singles’ Day global shopping festival in Hangzhou, Zhejiang province, China, November 11, 2020. Aly Song | Reuters Here are the stocks making headlines in midday trading. Ulta Beauty...
Stocks making the biggest moves premarket: Ulta, Poshmark, Novavax and others
Check out the companies making headlines before the bell: Ulta Beauty (ULTA) – Ulta Beauty announced that CEO Mary Dillon will step down in June to be replaced by company President David Kimbell. Dillon will move to the role of...
Stocks making the biggest moves after the bell: Ulta Beauty, Funko, Poshmark & more
Pedestrians pass in front of an Ulta Beauty store in New York. Gabby Jones | Bloomberg | Getty Images Check out the companies making headlines after the bell on Thursday: Ulta Beauty – The beauty retailer’s stock dipped about 7%...
Weekly jobless claims rise less than expected with Biden set to sign $1.9 trillion Covid package
Weekly jobless claims rose less than expected last week, but remained above pre-pandemic levels, as the U.S. economy tried to shake off impacts from Covid-19 and employers waited to see if President Joe Biden’s $1.9 trillion stimulus would become law....
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 Yuwen | Visual China Group | Getty Images BEIJING — Tesla’s Model Y is getting off to a solid start in China,...