Jamie Dimon, chief executive officer of JPMorgan Chase & Co., second left, listens during a House Financial Services Committee hearing in Washington, D.C., U.S., on Wednesday, April 10, 2019. Andrew Harrer | Bloomberg | Getty Images JPMorgan Chase and Citigroup were among the first major financial firms to say they […]
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Stock futures are flat after Wall Street closed at record highs to end last week
Traders work on the floor of the New York Stock Exchange. NYSE Stock futures held steady in overnight trading Sunday as investors assessed the outlook for more Covid-19 relief stimulus. Futures on the Dow Jones Industrial Average dipped just 20 points. S&P 500 futures and Nasdaq 100 were both little […]
From tech to bitcoin, long-time bull Ed Yardeni worries a meltdown will strike the market
Edward Yardeni is concerned the market will get smoked. The long-time bull, who spent decades running investment strategy for firms including Prudential and Deutsche Bank, is comparing Wall Street euphoria to the height of the dot-com bubble in 1999. “The Nasdaq from late 1998 to early 2000 went up over 200%. […]
Pickup trucks dominate America’s 10 best-selling vehicles of 2020
2021 Ford F-150 Limited Ford Look no further than the automotive industry’s best-selling vehicles of last year as proof of America’s love for pickup trucks. Led by trucks from the Detroit automakers, pickups accounted for five of the industry’s 10 best-selling vehicles in 2020 despite their increasingly higher prices and […]
Israel’s massive vaccine drive isn’t keeping up with new cases — especially among younger victims
For the first time since the pandemic started, Israel now says more than a quarter of its most serious Covid-19 cases, where hospitalization is required, are in patients under the age of 60. The Israeli Ministry of Health is placing the blame squarely on a new strain first discovered in […]
Covid vaccinations offer CVS, Walgreens and Rite Aid a chance to showcase how drugstores have changed
Store signs from CVS, Rite Aid and Walgreens stores. Getty Images CVS Health, Walgreens and Rite Aid are getting ready to administer Covid vaccinations in the months ahead, and this effort will give the three largest drugstore chains a chance to show off the work that’s been underway to revamp […]
How Black users are saving Clubhouse from becoming a drab hangout for tech bros
Black artist Bomani X has been one of the key innovators of voice-chatting app Clubhouse, and now, his face serves as Clubhouse’s app icon. Courtesy of Bomani X Clubhouse, a social media app introduced in March, allows users to gather in virtual rooms where they can communicate with one another […]
A budget game plan: Mother of five pledges to freeze all of her non-essential spending for January
Rachel Bozarth and her family have frozen their spending on non-essential items for the month of January. Source: Rachel Bozarth Rachael Bozarth is taking some drastic measures to attack her debt. The 32-year old mother of five has pledged to freeze all of her non-essential spending for the month of […]
Asia is dominating the box office, and the U.S. could too, if it handled the pandemic better
Moviegoers wear face masks in a screening hall at a cinema almost six months after its closure due to the coronavirus pandemic on July 24, 2020 in Beijing, China. China News Service | China News Service | Getty Images In a year marred by a deadly global pandemic, Japan’s box […]
As the new year kicks off, top Wall Street analysts are bullish on these stocks
A Southwest Airlines Boeing 737 passenger jet Robert Alexander/Getty Images Wall Street is calling for recovery, reflation and rotation this year amid continued accommodative monetary and fiscal policy, according to analysts. Among the bulls, strategists from J.P. Morgan estimate that the S&P 500 could reach 4,400, with a range of […]