Hedge fund billionaire Steve Cohen leaves Twitter after family receives threats amid GameStop backlash
Steven A. Cohen Scott Eells | Bloomberg | Getty Images Steve Cohen, the founder of hedge fund Point72 and owner of the New York Mets, has deactivated his Twitter account after his family received threats this week amid the GameStop...
Robinhood is still severely limiting trading, customers can only buy one share of GameStop
Restrictions on Robinhood traders got tighter throughout the day on Friday, only allowing clients to buy a single share of GameStop. The stock trading app also expanded its list of restricted stocks from 13 earlier in the day to 50....
GameStop short sellers are still not surrendering despite nearly $20 billion in losses this month
People walk past a GameStop store in Midtown Manhattan on January 27, 2021 in New York City. Michael M. Santiago | Getty Images The astronomical rally in GameStop has imposed huge losses of nearly $20 billion for short sellers this...
December pending home sales drop as buyers face record high prices and low supply
A house’s real estate for sale sign shows the home as being “Under Contract” in Washington, DC, November 19, 2020. Saul Loeb | AFP | Getty Images Homebuyers signed fewer contracts to buy existing homes in December, as record high...
Reddit rebellion is ‘another epic parabolic bubble’ that will burst, investor Peter Boockvar warns
Investor Peter Boockvar is calling the Reddit rebellion “another epic parabolic bubble.” In a research note out this week, he warns the mania into trades from GameStop to American Airlines will ultimately go bust. “Let’s break down the investment strategy: Find...
U.S. economy closes out 2020 with lower than expected 4% gain
After a year in which a pandemic and politics posed challenges unlike the U.S. has seen in generations, the economy closed 2020 in fairly good shape. Gross domestic product, or the sum of all goods and services produced, increased at...
Jobless claims rise less than expected at 847,000 first-time applicants
A woman walks past a closed retail store for lease in the midtown area of Manhattan on January 25, 2021 in New York City. Angela Weiss | AFP | Getty Images The number of Americans who filed for unemployment benefits...
The Federal Reserve doesn’t see risks to market stability, even as concern about bubbles grows
Some market pros see the frenzied short squeezes in GameStop and other stocks as signs of a bubble brewing, but the Federal Reserve doesn’t seem to and for that reason investors expect asset prices could continue to rise. Fed Chairman...
How systemic change, circular economies and climate action are key to achieving green goals
From geopolitical tensions to the coronavirus pandemic and disputes over trade, modern life can often feel bewildering, insecure and disjointed. One area where there does seem to be some renewed sense of unity is the environment. Just last week, U.S....
Federal Reserve leaves interest rates and asset purchases unchanged, sees growth slowing
A Federal Reserve police officer walks past the Marriner S. Eccles Federal Reserve building in Washington, D.C., U.S. Andrew Harrer | Bloomberg | Getty Images The Federal Reserve kept its foot to the floor Wednesday in terms of the help...
Signal2forex.com - Best Forex robots and signals




