Finance
-
‘We’ll see the true financial carnage come’: A 47-year market veteran warns the fallout from the coronavirus is only halfway finished — and says it’ll take decades for the market to carve out new highs
David Hunter, the chief macro strategist at Contrarian Macro Advisors, thinks “the second shoe” stemming from the coronavirus fallout is bound to...
-
Deloitte is delaying many of its full-time hires and scaling its summer internships back to a 2-week online intro course
Deloitte, which has more than 100,000 employees in the US, has delayed many of its full-time hires’ start dates to late January. ...
-
A blockbuster Facebook office deal is a make-or-break moment for the future of commercial real estate. 3 leasing experts lay out the stakes.
Facebook has been in negotiations for months to lease over 700,000 square feet at the Farley Building on Manhattan’s West Side. Office...
-
Bill Ackman turned $27 million into $2.6 billion as the coronavirus ravaged markets. Here are 12 of his most insightful quotes.
REUTERS/Brendan McDermid Pershing Square Capital Management founder Bill Ackman was known for colorful statements well before his notorious March 18 CNBC interview....
-
The market bottom is in, and 2021 could be a boom year for stocks, Wharton Professor Jeremy Siegel says
The market bottom is in, and 2021 could be a boom year for stocks, Wharton professor Jeremy Siegel said in a CNBC...
-
These 8 charts from Friday’s job report show just how dire America’s economic situation is now
Friday’s April nonfarm payroll report from the Labor Department was dismal — the US economy lost a record 20.5 million jobs, and...
-
376Dow rises 300 points as economic-reopening hope offsets historic job losses
Lucas Jackson/Reuters US stocks rose Friday as positive signs that the economy will reopen soon offset a dismal April jobs report. The...
-
PayPal’s slowdown began to improve in April as stay-at-home orders tick up e-commerce usage
Business Insider Intelligence and eMarketer are now Insider Intelligence, a digitally-focused research company from Insider Inc. Learn more about what we offer....
-
397Billionaire investor Paul Tudor Jones says he’s loading up on bitcoin (GBTC)
REUTERS/Eduardo Munoz Billionaire investor Paul Tudor Jones is buying bitcoin, Bloomberg reported Thursday. The hedge fund manager said his fund may hold...
-
359Oil surges 11% on Saudi Arabia price boost before erasing gains
REUTERS/Ahmed Jadallah Oil prices gained Thursday after Saudi Arabia announced increased prices on almost all grades for June, Bloomberg reported. West Texas...