The rosy projections do not assume any new stimulus, including President Joe Biden’s $1.9 trillion stimulus plan.
Category Archives: business
Silver is the new GameStop: Price reaches highest level in almost 11 years
Demand for the precious metal overflowed into shares of silver mining companies and silver bullion dealers.
Tiny Robin Hood society in England says it's inundated after GameStop frenzy
Member sees parallels between British legend, stock market events: “You like to root for the little guy — and I think Robin Hood is the perfect example.”
These are the Black-owned restaurants to watch this year, according to Yelp
“We were able to be open because people have been very intentional to shop at Black-owned businesses,” said Taren Kinebrew, who owns a coffee house in Cincinnati.
Gambling addiction experts see familiar aspects in Robinhood app
Some fintech apps try to rein in addictive components to investing, but face their own problems.
They voted for Brexit. Now they're losing money — and faith — as trade issues hit.
Fishermen complain of broken government promises, while exporters say they are choking on red tape.
Redditors' declaration of war on hedge funds might be ugly, but it won't break the system, pros say
For the retirement savers who aren’t treating investing like gambling, the smartest thing to do is just to ride out the market’s mood swings.
After a tumultuous week, some fear Robinhood's actions set 'a horrible precedent'
“No other brokerage as far as we know needed a billion-dollar bailout,” said one securities expert.
Ford, Samsung warn of impact from semiconductor chip shortage
A recent report estimated that Detroit automakers alone could lose as much as $61 billion in revenue this year if the chip shortage continues.
Dow tumbles 700 points amid GameStop mania, on pace for worst day since October
There are fears that the GameStop frenzy is a sign of a larger bubble in the market.