All posts by: r4ibom

You should have some fresh water, charged batteries, and small bills for when a fire or flood hits. You should also have a mental roadmap for when a stock market crisis happens.

WeWork is finally going public, after the flexible office space company announced Friday a merger with special-purpose acquisition company BowX Acquisition Corp. in a deal valuing WeWork at $9 billion.

Shares of ViacomCBS Inc. kept plunging Friday, putting them in danger of suffering their biggest-ever weekly selloff, as yet another Wall Street analysts turned bearish on the media company, citing unrealistic valuations.

U.S. Treasury yields trade higher on Friday as investors digest a raft of data pointing to the struggles of the consumer at the start of the year, even as bond traders are unsettled by the potential for the Biden administration’s $1.9 trillion fiscal stimulus and pent-up household spending to course through the economy in the months ahead, releasing inflationary pressures.

After taking a pummeling over the first three days of the week, shares of GameStop Corp. soar Thursday, aided by retail traders who remain emotionally committed to the videogame retailer even after shares got hammered 24 hours earlier.

The U.S. trade deficit in goods widened 2.5% to %86.7 billion in February, the Commerce Department said Friday.

Three out of every four students accepted at Penn through early admissions submitted test scores. At Georgetown, that number was 93%.

In court records of people arrested in the wake of the Jan. 6 Capitol insurrection, 68% reported they had received mental health diagnoses, more than triple the rate in the general population.

Faster inflation later this year will be the result of a comparison with artificially low consumer prices a year earlier during the pandemic.

Inflation is set to surge just as the Federal Reserve thinks it will recede.

In the U.S. alone, sales of preowned private jets climbed nearly 10% in 2020 from 2019 levels, with 1,637 jets sold in the country, according to analysis from broker Colibri Aircraft.

Thursday’s Personal Finance Stories.

Some 60 of the world’s largest commercial and investment banks have in total put $3.8 trillion into fossil fuels from 2016 to 2020, the five years after the voluntary Paris Agreement was signed.

The Federal Reserve said temporary limits on dividend payments and share buybacks will end for most banks after June 30, following the completion of annual stress tests to determine their resilience to a hypothetical downturn.

Now that Democrats’ $1.9 trillion COVID-19 relief bill has been signed into law, the wait is on for the launch of the huge package’s new aid program for restaurants.

U.S. stocks look set to fall at the open on Thursday following Wednesday’s tech selloff on Wall Street.

Forget playing to the hearts and minds of climate-change inactivists, says Greta Thunberg. This research may just hit ‘em where it counts.

The curtain is going up for New York’s Broadway scene, with vaccination sites dedicated to the theater community.