Federal Reserve Chairman Jerome Powell is putting a spotlight on the growing tent city near his Washington, D.C. office and the people hardest-hit by the pandemic. Here’s why the pain felt on Main Street could matter a lot for Wall Street.
U.S. economic data next week is expected to be positive but Federal Reserve officials are expected to be stolid in their belief that it is too soon to talk about exiting the easy policy stance.
Most companies listed in the S&P 500 are more transparent about their exposure to climate-change risk than a decade ago, while investors appear more astute in pricing these stocks based on the changes expected to come with a warming planet.
Bill Miller says that he views the bitcoin market as just in its infancy, with demand for the digital asset far outweighing its current supply — a key factor in its rise to records, despite a recent pullback over the weekend.
Despite federal regulators breathing down its neck over its business practices, threats of ad boycotts from aggrieved parties over its privacy policies, and a pandemic, the social-networking juggernaut is expected to post another jaw-dropping quarterly result on Wednesday.
When Google parent Alphabet Inc. reports first-quarter earnings on Tuesday, the bottom-line should be stout with advertising sales. The same can’t be said for its prospects on the regulatory front.