SEC is scrutinizing SPAC projections, seeks clearer disclosures
Saul Loeb | AFP | Getty Images The SEC is eyeing potentially misleading earnings projections made by SPAC sponsors and is seeking clearer disclosures, with one official hinting Thursday that the agency may issue a future rule to rein them...
Biden’s China policy is tougher on financial firms than Trump’s was, report says
The “Fearless Girl” sculpture is seen outside the New York Stock Exchange (NYSE) during a snow storm in New York, February 1, 2021. Brendan McDermid | Reuters BEIJING — As U.S.-China tensions continue to simmer under a new administration, risks...
6 million people applied for unemployment a year ago. They’re still near pre-pandemic highs
A person walks under a marquis for a closed down Paramount theater in Oakland, Calif. on Feb. 12, 2021. JOSH EDELSON | AFP | Getty Images It’s been a year since unemployment claims peaked at nosebleed levels and signaled the...
Weekly jobless claims higher than expected
First-time claims for unemployment insurance rose more than expected last week despite other signs of healing in the jobs market, the Labor Department reported Thursday. First-time claims for the week ended April 3 totaled 744,000, well above the expectation for...
Op-ed: Boost to tech stocks will not last, and more pain is ahead
Investors should be able to take advantage of bullish momentum in tech stocks for at least the next couple of months. In my last post on the subject on Feb. 4, the takeaway was “tech’s reign of relative dominance has...
U.S. confident vast majority of developed nations will agree to global minimum tax, Treasury deputy says
Adewale Adeyemo, Treasury Secretary Janet Yellen’s deputy, on Wednesday said increasing the U.S. corporate tax rate to 28% will not make American companies less competitive, because the Biden administration is confident it can win the support of developed nations to...
Fed’s Brainard says the economy is improving but is still ‘far from’ where it needs to be
Federal Reserve Governor Lael Brainard said Wednesday that while the U.S. economic outlook has “brightened considerably,” it remains well away from the central bank’s goals. “Brighter outlook, but of course our monetary policy forward guidance is premised on outcomes not...
Fed officials say easy policy will stay in place until economic ‘outcomes’ are achieved
Federal Reserve officials indicated at their last meeting that easy policy will stay in place until it produces stronger employment and inflation, and won’t be adjusted based merely on forecasts. The Federal Open Market Committee on Wednesday released minutes from...
Jamie Dimon says economic boom fueled by deficit spending, vaccines could ‘easily run into 2023’
Jamie Dimon is bullish on the U.S. economy – at least for the next few years. In his annual shareholder letter, the long-time JPMorgan Chase chairman and CEO said he sees strong growth for the world’s biggest economy, thanks to...
Stocks making the biggest moves in the premarket: Beyond Meat, Nokia, Li Auto & more
Take a look at some of the biggest movers in the premarket: Beyond Meat (BYND) – Beyond Meat announced the opening of a new manufacturing facility in China, its first outside the United States. The plant-based food company said the...
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Trading education
Introduction to Basic Trendline AnalysisIn this series we will piece together the anatomy of a swing trade and discuss ... 
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