“Meme” stock-in-chief GameStop jumped another 13% in value on Friday, building on a surge since results earlier this week that showed online sales improving and a much-hyped management reshuffle gathering pace.
U.S. businesses added 517,000 workers in March as states like Texas and Florida lifted pandemic restrictions, data from payroll provider ADP indicated Wednesday.
After brief panic at the hands of a forced multibillion-dollar margin call, markets on Tuesday are back to focusing on rising Treasury yields that are unraveling the past year’s meteoric gains, with tech stocks once again underperforming, while buzzy meme stock GameStop continues its unlikely surge.
The number of China-based companies that rushed into the U.S. stock market hit a 10-year high in 2020, even as several others were removed, according to a study by the University of Florida.
But the stimulus package is hurting small businesses. Small business owners said it is now difficult to get people to go back to work or even call in for an interview because of the generous federal aid.
President Joe Biden's teasing reform to the Senate filibuster is a dangerous signal for pushing through the progressive "anti-business" agenda without any Republican support in Congress, according to Trump economic adviser Larry Kudlow.
Shipping companies rerouted vessels, refused to take on new customers and forecast long delays—and longer-term port congestion around the world—raising the global trade and economic stakes of the grounding of the Ever Given in the Suez Canal.
China’s military ban on Tesla vehicles could be part of the Chinese Communist Party (CCP)’s recent tough diplomatic stance against the United States, and can also be used to limit Tesla’s expansion in China to boost local brands, according to two China experts.
