Finance
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435Global economies are ‘several quarters’ away from returning to pre-pandemic levels, while China will likely get there by end-2020
PRAKASH SINGH/Getty Summary List Placement Economies around the world are still a long way off returning to pre-pandemic growth levels despite gradual...
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467Oil tumbles for 4th day as the world’s biggest exporter slashes prices, and investors turn increasingly bearish on the demand outlook
Beawiharta Beawiharta/Reuters Summary List Placement Oil futures fell on Monday, in their longest slide since April, as Saudi Arabia made deep price...
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Some VCs are clamoring for more startups to ditch investment bankers for direct listings, but one VC who backed both Asana and Spotify says he ‘doesn’t care’ how companies go public
Two events happened recently that will cause more highly valued startups to consider going public with direct listings, cutting the big investment...
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Inside the richest zip code in America, a private island off of Miami Beach
A seven-minute ferry ride from Miami Beach is the richest zip code in the US, with residents earning an average income of...
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496A top strategist says the S&P 500 has predicted the election winner 87% of the time in nearly 100 years, but ‘transformational’ events pose a challenge for 2020 vote
Doug Mills-Pool/Getty Images Summary List Placement The S&P 500 has correctly predicted the election winner 87% of the time for nearly a...
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443Warren Buffett auctioned off a wallet containing a stock tip for $210,000 in 1999
REUTERS/Jim Young Summary List Placement Warren Buffett raised $210,000 for charity in 1999 by auctioning off a wallet containing a stock tip....
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376Warren Buffett’s Berkshire Hathaway slashes Wells Fargo stake by 43%
Summary List Placement Warren Buffett’s Berkshire Hathaway has sold about 101 million Wells Fargo shares in recent weeks, a regulatory filing shows....
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Some big investors are bashing a plan to let companies raise fresh money through direct listings. Securities experts laid out the concerns about ‘untraceable’ shares and fuzzy liability.
The New York Stock Exchange’s plan for a new form of direct listings, which would allow companies to go public more easily...
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Revolut’s SMB milestone supports its drive to profitability
Revolut’s customer milestone hints at how neobanks can bundle accounts, loans, and other financial services products for the SMB segment. But neobanks...
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Meet the 17 BlackRock power players carrying out CEO Larry Fink’s vision to turbocharge private equity and alternative investments growth (BLK)
The business of offering clients nontraditional assets like private equity, hedge funds, and real estate has become a core part of BlackRock’s...