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Small caps’ breakout is just starting, $17 billion money manager predicts

31.12.2020

Bryn Mawr Trust’s Jeff Mills is making a big bet on the economic recovery. After years of decline, he predicts small-cap stocks’ 2020 comeback will deliver even bigger gains to investors …

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Finance

Dow rises for the fourth time in five days, ekes out record closing high

31.12.2020

Stocks rose slightly on Wednesday amid renewed vaccine optimism while traders looked for clues on additional fiscal stimulus. The Dow Jones Industrial Average gained 73.89 points, or 0.2%, to 30,409.56. …

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Finance

Morgan Stanley repays $1.7 million to college savers for high-cost investments

30.12.2020

Michael Nagle/Bloomberg via Getty Images Morgan Stanley will repay $1.7 million to customers who paid high costs on investments earmarked for education expenses like college tuition. The brokerage firm is …

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Finance

Dead people may still get $600 stimulus checks

30.12.2020

Igor Golovniov/SOPA Images/LightRocket via Getty Images Dead people may get some of the $600 stimulus checks the federal government began issuing Tuesday night. That would mirror what happened this past …

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Finance

Stocks making the biggest moves midday: AMC, Levi Strauss, Dynatrace, AstraZeneca & more

30.12.2020

Street performers in Minnie Mouse costumes pass in front of an AMC movie theater at night in the Times Square neighborhood of New York, Oct. 15, 2020. Amir Hamja | …

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Finance

Stocks making the biggest moves premarket: AstraZeneca, Intel, Caterpillar, Alibaba & more

30.12.2020

Check out the companies making headlines before the bell: AstraZeneca – Britain became the first country to approve the drug maker’s Covid-19 vaccine, setting the stage for a rollout of …

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Finance

2021 may mark the first inflation comeback in a generation, market researcher Jim Bianco warns

30.12.2020

Wall Street forecaster Jim Bianco is bracing for a 2021 inflation comeback. His main catalysts: hundreds of billions of dollars in federal coronavirus aid and vaccines that begin normalizing the …

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Finance

Europe’s digital banks got a ‘wake-up call’ in 2020. And consolidation could be coming

30.12.2020

The icons for the Monzo and Starling Bank banking apps on a smartphone. Adrian Dennis | AFP via Getty Images LONDON — In a year when online banking has taken …

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Finance

China’s IPO market is set to keep booming in 2021, says investor

30.12.2020

SINGAPORE — China’s IPO market is set to keep booming next year even after a blockbuster 2020, according to the chief investment officer of a Chinese financial services firm. It …

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