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David Tepper is reportedly buying a $73 million mansion in Palm Beach as Wall Street billionaires continue to flock to Florida

Tepper, the founder of hedge fund Appaloosa Management and owner of the Carolina Panthers, is worth $12.9 billion. David Tepper. Scott Cunningham/Getty Images Hedge fund billionaire David Tepper is reportedly buyi.....»»

Category: dealsSource: nytFeb 17th, 2021

Biden Cancels Emergency Border Wall Funding As DHS Prepares To Admit 25,000 Migrants Waiting In Mexico

Biden Cancels Emergency Border Wall Funding As DHS Prepares To Admit 25,000 Migrants Waiting In Mexico The Biden administration on .....»»

Category: blogSource: zerohedgeFeb 12th, 2021

Half-built walls and ruined mountains: Pictures and video show the remains of Trump"s incomplete border wall

Hastily-carved access roads, rubble, and lone segments of border wall are strewn through .....»»

Category: topSource: businessinsiderFeb 12th, 2021

Credit Suisse details 3 catalysts that could trigger a vicious stock market sell-off

Big Tech recovers after a rough day Wednesday on Wall Street. Matteo Colombo/Getty Images Credit Suisse remains overweight equities on the back of dovish monetary policy, but analysts are eyeing three factors with the potential to trig.....»»

Category: topSource: businessinsiderFeb 9th, 2021

US stocks are facing a perfect alignment of conditions that will help monstrous earnings growth translate into sizable share gains, according to a Wall Street chief strategist

Periods with historically low Treasury yields and strong earnings tend to drive the biggest market gains, strategist James Paulsen said. Stan Honda/AFP/Getty Images Expectations for strong profit growth amid low yields in 2021 should se.....»»

Category: topSource: businessinsiderFeb 6th, 2021

GameStop is the latest example of Reddit rage going mainstream

Reddit has been the center of three "populist uprisings" that have disrupted American culture: Gamergate, QAnon, and now GameStop. Redditors shook Wall Street last week with a surge in the GameStop "meme stock." SOPA Images/Get.....»»

Category: topSource: businessinsiderFeb 6th, 2021

The stock market"s bull run will continue despite short-selling in "meme" stocks, UBS says

The fight between retail investors and hedge funds over heavily-shorted stocks shouldn't be enough to stall Wall Street's bull run. Tetra Images/Getty Images The S&P 500 should d.....»»

Category: worldSource: nytFeb 3rd, 2021

These hedge funds have gotten torched by the Wall Street Bets army that targeted their short positions in GameStop

GameStop's stock dropped sharply on Thursday after Robinhood curbed trading in volatile stocks, but several hedge funds have already been hit hard. SOPA Images/Getty Images S.....»»

Category: dealsSource: nytJan 29th, 2021

Jack Ma plans to shrink his business, bow to pressure after being slapped down by the Chinese government

Jack Ma's Ant Group has submitted a restructuring plan to regulators after pressure from Beijing, The Wall Street Journal reported. Jack Ma. Wang HE/Getty Images.....»»

Category: topSource: businessinsiderJan 28th, 2021

Biden’s DHS Pick To "Study" Whether To Keep Trump’s Border Wall

Biden’s DHS Pick To "Study" Whether To Keep Trump’s Border Wall Submitted .....»»

Category: smallbizSource: nytJan 19th, 2021

Exxon slides 6% after SEC launches investigation into the oil giant"s asset valuations

An Exxon employee alleges that the company overvalued a key oil and gas property in Texas' Permian Basin, according to the Wall Street Journal. Kena Betancur/VIEWpress/Corbis via Getty Images .....»»

Category: personnelSource: nytJan 15th, 2021

If this is what Wall Street calls taking a stand against insurrection, we"re in trouble

The cowards at JP Morgan et al are acting like both political parties were responsible for the assault on the Capitol, but only the GOP is to blame. Brendan Smialowski/AFP via Getty Images Wall Street has responded .....»»

Category: worldSource: nytJan 11th, 2021

AOC says women are disproportionately scrutinized after Biden"s Treasury pick Janet Yellen reveals she was paid $7 million in speaking fees

Janet Yellen, the president-elect's Treasury nominee, made more than $7 million giving speeches on Wall Street and for companies including Google Rep. Alexandria Ocasio-Cortez. Alex Wong/Getty Images Janet Ye.....»»

Category: worldSource: nytJan 2nd, 2021

Trump’s big policy win: Stronger showers, faster dishwashers. It’s something almost no one asked for.

The president won’t get his southern border wall finished before he leaves office, but his push to deregulate common household appliances remains a puzzling policy success......»»

Category: topSource: washpostDec 30th, 2020

Inside a massive transformation at powerhouse Wall Street bank Goldman Sachs

Goldman is looking to grow its consumer and wealth businesses. It's also laid out cost cuts that envision moving more workers to low-cost cities. Goldman Sachs CEO David Solomon. Getty Images Goldman Sachs has been going through .....»»

Category: topSource: businessinsiderDec 26th, 2020

There"s good chance a "Santa Claus rally" will drive the stock market higher into year-end, LPL says

Yale Hirsch of Stock Trader's Almanac coined the phrase, "If Santa should fail to call, bears may come to Broad and Wall." Spencer Platt/Getty Images A seven-day trading period known as the "Santa Claus rally" is.....»»

Category: worldSource: nytDec 23rd, 2020

Why the record-shattering stock market will only get cheaper as gains continue, according to one Wall Street chief strategist

The index's current valuation "appears extreme," but mostly because stock fundamentals were slammed by the coronavirus pandemic, the strategist said. Spencer Platt/Getty Images The S&P 500's valuation may sit near historic highs but histo.....»»

Category: dealsSource: nytDec 19th, 2020

Google is offering its US employees free weekly COVID-19 tests that they can administer at home

All 90,000 US workers are eligible and can request up to two tests each week. Carsten Koall/Getty Images Google is offering its US workers a new perk: Free weekly COVID-19 testing kits. The Wall Street Journal first reported the ne.....»»

Category: dealsSource: nytDec 19th, 2020

Apple will gain another 32% on bullish outlook for the iPhone 12 and 5G technology supercycle, Wedbush says

Wedbush expects the iPhone maker to sell north of 240 million units next year, above Wall Street estimates of 215 million. Stanislav Kogiku/SOPA Images/LightRocket via G.....»»

Category: worldSource: nytDec 15th, 2020

Boris Johnson"s government has admitted it will erect Brexit border control posts for goods crossing the Irish Sea

Liam McBurney/PA Images via Getty Images Boris Johnson's government .....»»

Category: topSource: businessinsiderMay 14th, 2020