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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.....»»
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 .....»»
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 .....»»
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.....»»
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.....»»
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.....»»
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.....»»
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.....»»
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.....»»
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 .....»»
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 .....»»
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 .....»»
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.....»»
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......»»
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 .....»»
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.....»»
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.....»»
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.....»»
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.....»»
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 .....»»