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Jamie Dimon lashes out at ‘childish behavior’ from Congress amid deadlock over coronavirus relief

18.11.2020

JPMorgan Chase CEO Jamie Dimon criticized lawmakers for a monthslong deadlock over a second round of coronavirus relief to help unemployed Americans and struggling businesses as the pandemic deepens. “I …

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Finance

UK electric vehicle maker Arrival is going public via SPAC at a $5.4 billion valuation

18.11.2020

LONDON — British electric vehicle start-up Arrival announced Wednesday that it will go public through a merger with a U.S. blank-check company. This year has seen a flurry of SPACs, …

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Finance

Stocks making the biggest moves in the premarket: Target, Lowe’s, Apple, Boeing, Pfizer & more

18.11.2020

Take a look at some of the biggest movers in the premarket: Target (TGT) – Target reported quarterly earnings of $2.79 per share for the third quarter, well above the …

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Finance

Shelton Fed nomination fails key Senate procedure vote, possibly ending her chances

18.11.2020

Judy Shelton’s controversial nomination to the Federal Reserve suffered a possibly fatal blow Tuesday in a key procedural vote in the Senate. The upper chamber voted 50-47 against a move …

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Finance

Stocks making the biggest moves midday: Tesla, Walgreens, DraftKings, Square and more

18.11.2020

CEO of Tesla Motors Elon Musk reacts following the company’s initial public offering at the NASDAQ market in New York June 29, 2010 Brendan McDermid | Reuters Check out the …

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Finance

Bitcoin just hit $17,000 for the first time in almost 3 years

17.11.2020

Chesnot | Getty Images Bitcoin is on a tear this year. The cryptocurrency just hit $17,000 — a level it hasn’t breached in nearly three years — continuing a wild …

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Finance

Index provider ‘baffled’ at how to add a company of Tesla’s size to the S&P 500, says Cramer

17.11.2020

Tesla is joining the S&P 500 in December, but given the electric vehicle company’s size, adding it to the index is no easy feat, said CNBC’s Jim Cramer. “I think …

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Finance

Four key risks could make 2021 the toughest year for banks since 2009, says S&P

17.11.2020

Simon Dawson | Bloomberg | Getty Images S&P Global Ratings warned that banks could face their toughest year since the aftermath of the global financial crisis, with four key risks …

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Finance

Dow jumps 350 points, hits record high as hopes of effective vaccines fuel market rally

16.11.2020

U.S. stocks jumped on Monday after preliminary coronavirus vaccine data from Moderna lifted expectations of a strong economic recovery. The Dow Jones Industrial Average added 356 points, or 1.2%, and …

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