Category: Investing News

What Is ‘Defund the Police’? “Defund the police” refers to a call for the reallocation of money that currently goes to police budgets in the United States to structural improvements for underprivileged communities. The...

Longtime trader Art Cashin told CNBC on Friday that investors should brace themselves for a period of stock market volatility as Wall Street digests rising bond yields. “You have to be very careful. There...

An artist’s illustration of the difference in size between the company’s Terran 1 rocket, to the left, and the planned Terran R rocket. Relativity Space Relativity Space, the 3D-printing rocket builder, is making another...

If you have moved jobs while holding a traditional 401(k), you are probably familiar with the rollover options for these ubiquitous retirement accounts. You may be less sure, though, of your options when you...

Mentions of GameStop increased on Reddit days before shares of the video-game retailer took off again, according to Justin Zhen, co-founder of Thinknum, a tech firm that compiles alternative data sets for investors. “In...

Coinbase co-founder and CEO Brian Armstrong speaking at TechCrunch Disrupt SF 2018. Steve Jennings | Getty Images for TechCrunch Cryptocurrency exchange Coinbase on Thursday filed to become a public company and revealed that its...

The deadline to both file and pay 2019 federal income taxes was extended to July 15, 2020, due to the economic disruption caused by the COVID-19 pandemic. The extension was announced by then-U.S. Treasury...

A GameStop store is pictured in New York, January 29, 2021. Carlo AllegriI | Reuters Shares of GameStop surged more than 90% in afternoon trading on Wednesday as investors poured into the brick-and-mortar retailer...

Rocket 3.2 launches from Kodiak, Alaska. Astra / John Kraus Rocket builder Astra is preparing to go public in the second quarter, taking on a crowded field of competitors while aiming for daily deliveries...

Most Americans encounter some form of debt in their lives. However, not all debts are created equally and some are considered better than others. Indeed, while debt comes in several forms, all personal debt...

Workhorse W-15 Electric Pickup Truck. Source: Workhorse Shares of Workhorse Group dropped more than 50% at one point on Tuesday after the company was passed over for a key contract from the U.S. Postal...

Pavlo Gonchar | LightRocket | Getty Images Hedge funds are still licking their wounds after a retail trading frenzy forced the industry to slash its overall exposure to stocks, leading to an underperformance in...

Homeowners are often surprised to learn that damage to the underground water-sewer lines connecting their homes to service isn’t always covered by their municipality or by their homeowners insurance. But a new report on...

An image from the video taken by multiple cameras as NASA’s Perseverance rover landed on Mars on Feb. 18, 2021. NASA/JPL-Caltech NASA on Monday released first-of-its-kind video of a spacecraft landing on another planet,...

Zambato Mountain View Office Source: Zambato JPMorgan Chase is taking a stake in a private stock trading platform with links to Palantir to boost the bank’s efforts to connect buyers and sellers of hot...

Roku, Inc. (ROKU) stock posted a phenomenal 247% return in 2020 and has started 2021 on the right foot, adding another 41% in less than two months. Unfortunately, the company has booked just one...

Ken Griffin speaking at the 2018 Delivering Alpha Conference in New York on July 18th, 2018. David A. Grogan | CNBC Ken Griffin, the billionaire CEO of hedge fund Citadel, defended his $2 billion...

Adam Jeffery | CNBC After experiencing unusually broad market momentum since November, stocks are overdue for a lengthy pause or a correction. Stock picking will matter from here as the economic reopening determines different...

When most people think about government help with retirement, they think about Social Security and Medicare. Since nine out of 10 retirees receive Social Security benefits and virtually all retired Americans age 65 or...

Former TD Ameritrade CEO Fred Tomczyk told CNBC on Friday he believes retail stock market investors have never had it better when it comes to competing against Wall Street pros. “When you think about...

Carl Icahn at the 6th annual CNBC Institutional Investor Delivering Alpha Conference on September 13, 2016. Heidi Gutman | CNBC Company: Bausch Health Companies Inc. (BHC) Bausch Health Companies Inc, formerly Valeant Pharmaceuticals International...

Uber Technologies Inc. (UBER) makes money by running a ride-hailing service, and takes a cut of the fares. The company also has a food order and delivery business, Uber Eats, and a freight shipping...

Elon Musk’s SpaceX is now worth $74 billion after it raised more capital last week – and the strong demand for shares means many investors believe the company’s two ambitious projects will drive that...

Citadel CEO Kenneth Griffin Source: CNBC | YouTube During Thursday’s GameStop hearing, Citadel Securities’ Ken Griffin defended a controversial method brokerages use to make money, and said his firm would adapt if new regulations...

The Committee on Financial Services of the United States House of Representatives held a virtual hearing on Feb. 18, 2021, with the title “Game Stopped? Who Wins and Loses When Short Sellers, Social Media,...

Outgoing Federal Reserve Chair Janet Yellen holds a news conference after a two-day Federal Open Market Committee (FOMC) meeting in Washington, U.S. December 13, 2017. Jonathan Ernst | Reuters Treasury Secretary Janet Yellen told...

The chiefs of Robinhood, Reddit, Citadel and Melvin Capital, are headed to Washington for Thursday’s highly anticipated GameStop hearing at the U.S. Congress. Lawmakers will get their chance to grill the CEOs, as well...

If you’re one of the millions of Americans who’ve been laid off or furloughed as a result of the coronavirus pandemic, your cash flow may have slowed to a trickle or stopped altogether. But...

Interactive Brokers chairman Thomas Peterffy told CNBC Wednesday that the U.S. financial system faced greater stress during the GameStop trading frenzy than is generally recognized. “We have come dangerously close to the collapse of the entire...

Starship prototype SN9 launches from the company’s development facility in Boca Chica, Texas. SpaceX SpaceX completed another monster equity funding round of $850 million last week, people familiar with the financing told CNBC, sending...

The Committee on Financial Services of the United States House of Representatives has scheduled a hearing on “recent market volatility involving GameStop [Corporation (GME)] stock and other stocks.” The hearing will be held virtually,...

A highway is closed due to snow and ice in Houston, Texas, on Feb. 15, 2021. Chengyue Lao | Xinhua News Agency | Getty Images The Texas winter storm is expected to push gasoline...

First-time claims for unemployment insurance totaled 793,000 last week as declining Covid-19 cases provided little relief for the jobs market. The total for the week ended Feb. 6 was above the 760,000 forecast from...

Discrimination against home renters and buyers by landlords, sellers, and lenders on account of race, color, religion, and nationality was outlawed in the United States by the Fair Housing Act of 1968. Yet bias...

The Bank of New York Mellon on Wall Street, New York. Scott Mlyn | CNBC Bank of New York Mellon, the nation’s oldest bank, said Thursday that it will begin financing bitcoin and other...

A bitcoin ATM is seen inside the Big Apple Tobacco Shop on February 08, 2021 in New York. Michael M. Santiago | Getty Images Pressure is building on Wall Street banks to accept bitcoin...