Finance
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The US is not headed for a depression and it makes sense to buy stocks at current prices, according to the chief strategist of JPMorgan’s $2 trillion asset management arm
David Kelly, JPMorgan Asset Management’s chief global strategist, says it makes sense to buy stocks at current prices. He points out that...
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462‘The Big Short again’: A hedge fund boss and Warren Buffett disciple posted a 40% gain during the market meltdown
Paramount Pictures A hedge fund chief and Warren Buffett acolyte posted a 40% gain during the brutal coronavirus sell-off after betting against...
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411‘Big price to pay!’: Trump blasts 3M after ordering the N95 mask maker to boost US production
SAUL LOEB/AFP/Getty Images President Donald Trump blasted 3M in a tweet on Thursday night, suggesting the maker of N95 respiratory masks was...
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Booking Holdings Inc. CEO tests positive for coronavirus
The CEO of Booking Holdings Inc. announced on Thursday that he tested positive for the coronavirus. Glenn Fogel was tested last week...
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Top law firms are delaying start dates for summer associates — here’s everything we know so far
Law firm Cooley LLP is cutting the length of its summer associate program from 10 to six weeks, with a new start...
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446Jim Chanos warns investors against buying ‘virus stocks’ like Zoom, Peloton, and Clorox that are dominating the coronavirus lockdown
Business Insider Jim Chanos, the founder of Kynikos Associates, cautioned investors against buying “virus stocks” like Zoom, Peloton, Teladoc, and Clorox that...
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461Bank of America slashes its S&P 500 target by 16% to the lowest on Wall Street, cites ‘deepest post-war recession’ on record
Lucas Jackson/Reuters Bank of America lowered its S&P 500 year-end target to 2,600 from 3,100 amid the coronavirus pandemic. “Our economists now...
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456Dow climbs 200 points as US unemployment filings hit 6.6 million, doubling previous record
Reuters US stocks rose Thursday after jobless claims soared to 6.6 million, marking a second straight weekly record as coronavirus spurs layoffs....
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Dow slips as US unemployment filings hit 6.6 million, doubling previous record
Reuters US stocks rose Thursday after jobless claims soared to 6.6 million, marking a second straight weekly record as coronavirus spurs layoffs....
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Cooley LLP is cutting the length of its summer associate program to 6 weeks as other top law firms delay start dates. Here’s everything we know.
Law firm Cooley LLP is cutting the length of its summer associate program from 10 to six weeks, with a new start...