Steven Mnuchin’s decision not to extend funding for the Federal Reserve’s Main Street Lending Facility after Dec. 31 already looks to be cutting into lending.
Kategorie-Archiv: CNBC Financial News
JPMorgan sends policy recommendations to Biden team on ways to prevent more Covid-related misery
Failing to agree on another Covid relief stimulus bill will lead to unnecessary suffering as the pandemic deepens, according to a JPMorgan brief.
BlackRock takes equities to overweight for 2021, sees powerful restart to the economy
BlackRock raised equities to overweight for 2021, based on its view that the restart of the economy will accelerate with the distribution of vaccines.
Wealthfront names former banking regulators Sheila Bair and Thomas Curry to fintech’s advisory group
The fintech firm has been adding banking services after pioneering the automated investment service sometimes called robo advisors.
Borrowers looking to use Fed’s Main Street lending program run into dead end
Steven Mnuchin’s decision not to extend funding for the Federal Reserve’s Main Street Lending Facility after Dec. 31 already looks to be cutting into lending.
Stocks making the biggest moves in the premarket: Stitch Fix, Tesla, Palantir, Coupa Software & more
The stocks making the biggest moves in premarket trading include Stitch Fix, Tesla, Palantir, Coupa Software, and more.
How this 30-year-old became Australia’s youngest self-made billionaire during the pandemic
Australian entrepreneur Nick Molnar has catapulted to billionaire status under the pandemic following the runaway success of his buy now, pay later payments platform, Afterpay.
Market sentiment is at dot-com-bubble euphoria levels due to vaccine optimism, investor Peter Boockvar warns
Bleakley Advisory Group’s Peter Boockvar said he believes market bullishness is at dangerous levels.
Stitch Fix shares skyrocket more than 30% on earnings beat, upbeat outlook
Stitch Fix shares soared Monday afternoon, after the company reported a surprise profit and revenue growth of 10% from a year ago.
Banks face two major risks in 2021, says CEO of Singapore’s largest bank DBS
Piyush Gupta, CEO of Singapore’s DBS, said rising defaults and ultra-low interest rates will be two major headwinds confronting banks next year.