On Wednesday, Massachusetts regulators filed a complaint against millennial favored trading app Robinhood accusing the company of predatory marketing and other practices on inexperienced investors. "The worst aspect of what
Continue reading »Home »
Goldman Sachs CEO David Solomon said that 90% of small businesses have exhausted PPP funds
Goldman Sachs CEO David Solomon said that small businesses it surveyed are in dire need of another round of emergency Paycheck Protection Program funding. "They really have needs; 90% of
Continue reading »Treasury yields inch higher as U.S. lawmakers put forward latest stimulus proposal
Lawmakers put forward another economic relief package on Monday evening, which sees the splitting of the previously proposed $908 billion bipartisan stimulus package into two parts. The U.S. administered its
Continue reading »U.S. futures rise slightly as lawmakers announce latest stimulus proposal
U.S. stock futures moved slightly higher on Monday evening as Congress continued negotiations on another economic relief package and vaccines began to roll out across the country. Futures contracts for
Continue reading »Asia-Pacific markets set to trade cautiously as investors keep an eye on U.S. stimulus talks
Australia's benchmark ASX 200 fell 0.48%, with most sectors trading in the red. Nikkei futures pointed to a near flat open for the Japanese market. In the U.S., few signs
Continue reading »Asia-Pacific markets set to trade higher as sentiment improves over coronavirus vaccine, U.S. stimulus hopes
Australia's benchmark ASX 200 rose 1.17%, with all sectors trading higher. Futures also pointed to opening gains for the Nikkei 225 in Japan. U.S. stock futures rose slightly after a
Continue reading »Jamie Dimon lashes out at 'childish behavior' from Congress amid deadlock over coronavirus relief
JPMorgan Chase CEO Jamie Dimon criticized lawmakers for a months-long deadlock over a second round of coronavirus relief to help unemployed Americans and struggling businesses. "I know now we have
Continue reading »Asia-Pacific shares mostly rise as vaccine hopes again lift markets
In Australia, the bourse resumed trading on Tuesday after a nearly full-day trading halt Monday due to a software issue. Wall Street was buoyed to record highs after Moderna said
Continue reading »Stocks making the biggest moves premarket: Beyond Meat, Lowe's, Microsoft, Tesla & more
Check out the companies making headlines before the bell: DR Horton – The homebuilder reported quarterly profit of $2.24 per share, beating the consensus estimate of $1.76, with revenue also
Continue reading »Dow futures rise 300 points after Biden wins presidency as post-election rally continues
Stocks were set to continue their big post-election rally as futures rose in overnight trading on Sunday. The gains came as Democrat Joe Biden defeated incumbent Donald Trump in the
Continue reading »