Nearly 11 million Americans will lose unemployment benefits by mid-April if Congress doesn’t issue additional Covid relief, according to a new analysis.
Schlagwort-Archiv: CNBC
Weed stocks are soaring again, driven in part by Reddit traders
The group of cannabis companies are garnering attention from the same WallStreetBets Reddit army that contributed to the epic short squeeze in GameStop last month.
Bumble’s IPO may be a feat — but venture capital funding for women is still an uphill battle
When Bumble CEO Whitney Wolfe Herd takes her company public, it will be a fitting feat for the founder of a dating app designed to put women in the driving seat.
Fintech giant Adyen says it has no interest in bitcoin as a payment method and clients aren’t asking for it
The payment processor’s clients include Facebook, Netflix and Uber.
Pepsi says revenue jumped 8.8%, sees 2021 results meeting long-term targets
Pepsi is anticipating mid-single-digit growth in organic revenue for 2021 and high-single-digit growth in core earnings per share.
JPMorgan’s Wall Street chief gives his call for the stock market, SPACs, fintech and CEO succession
JPMorgan co-president Daniel Pinto gives his outlook for the U.S. stock market and opines on the fintech threat, the return to offices and succession planning.
Sam Zell calls SPAC craze largely ‚rampant speculation‘ reminiscent of 1990s dot-com bubble
Equity Group Investments founder Sam Zell told CNBC he sees some positives with the SPAC structure but worries about major speculation in some deals.
Robinhood sued by family of 20-year-old trader who killed himself after believing he racked up huge losses
Robinhood’s „reckless conduct directly and proximately caused the death of one of its victims,“ the complaint said.
SpaceX begins accepting $99 preorders for its Starlink satellite internet service as Musk eyes IPO
Starlink’s website emphasizes that preorders are „fully refundable,“ but notes in fine print that „placing a deposit does not guarantee service.“
Ron Insana: Lawmakers should go big on stimulus to Main Street or go home
As lawmakers hammer out the details of the $1.9 trillion stimulus package, saving Main Street should be a priority.