BofA’s forecast reflects ‘the Fed’s acceptance that they are behind the curve’ on inflation, said the bank’s economists. Federal Reserve Chairman Jerome Powell made clear in a talk this week that he’s open to 50-basis Read more…
Postmaster General Louis DeJoy ignores his detractors and the demands of the Biden administration. The U.S. Post Office is putting the pedal down on its nearly $3 billion controversial vehicle project. The Next Generation The Read more…
The statement comes amid a new sexual harassment lawsuit against Activision Blizzard. Tech giant Microsoft said Friday that it will not interfere with the employees of Activision, a company it is buying for $69 billion, Read more…
Private equity investors are enticed by the seemingly never-ending growth in sports-franchise values. Private equity firms are stuffed with billions of dollars to invest, and pro sports teams are selling for ever higher amounts, making Read more…
Jeff Bezos’ Blue Origin space tourism company says it’s ‘thrilled’ at the opportunity to compete for NASA’s second lunar landing contract. One small step for man, one giant leap for … Jeff Bezos? Blue Origin, Read more…
Cannabis stocks have been on fire this week. Here’s how to trade Tilray and Canopy Growth. Cannabis stocks have been on fire over the past couple of days and when we look around the market, Read more…
A biotech that’s caught asset manager Cathie Wood’s attention recently received FDA emergency authorization for a test of Covid antibodies. Star investor Cathie Wood, chief executive of Ark Investment Management, has recently built a stake Read more…
You might have Fridays off sooner than you think. Take a moment to imagine it: A three-day weekend, every weekend. Time for unavoidable chores like laundry, yes. But also plenty of time left over to, Read more…
The delivery service has been an investor darling with the pandemic but things are changing as the economy reopens. Two years after the start of the Covid-19 pandemic, the great romance between investors and certain Read more…
The suit says the plaintiff complained to HR on multiple occasions and was dismissed. Sexual harassment allegations have plagued the video game industry at an alarming rate over the last several years, revealing a deeply Read more…