Economy - Finance > Economy

CSX 1Q profit dips 8% but railroad sees economy growing

10 hours ago   |   Chron

OMAHA, Neb. - CSX Corp. said its first-quarter profit declined 8% due to higher expenses, but the railroad said it expects to benefit as the U.S. economy strengthens further...
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JPMorgan's quant guru says traders are missing an opportunity to buy high-upside stocks pegged to the economic reopening

JPMorgan's quant guru says traders are missing an opportunity to buy high-upside stocks pegged to the economic reopening

12 hours ago   |   Business Insider   |   2 articles

Summary List Placement Investors are underestimating the imminent move higher in cyclical stocks that are poised to benefit from a reopened economy, according to JPMorgan. A...
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Biden OKs more foreign seasonal workers as economy improves

13 hours ago   |   Chron

WASHINGTON - President Joe Biden's administration announced an increase Tuesday in the number of temporary seasonal workers who will be allowed to work in the U.S. this year as...
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Sen. Elizabeth Warren wants to grill the billionaire who said the rich would hide their assets from a wealth tax

14 hours ago   |   Business Insider

Graeme Jennings-Pool/Getty Images Sen. Elizabeth Warren has invited billionaire and wealth tax critic Leon Cooperman to testify at a hearing. Cooperman has been an outspoken...
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The US oil price turned negative a year ago today. Analysts now sees it rising 20% to above $75 as countries plot a return to normality

The US oil price turned negative a year ago today. Analysts now sees it rising 20% to above $75 as countries plot a return to normality

16 hours ago   |   Business Insider   |   4 articles

Summary List Placement A year ago today, seasoned market-watchers looked on with horror as US oil prices crashed into negative territory for the first time in history and...
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This Global Plastic Packaging Producer Says Don't Eliminate Plastic-Eliminate Plastic Waste

18 hours ago   |   Forbes

Berry Global is countering the attacks on plastics producers with initiatives, investments and partnerships aimed at establishing a circular plastics economy.
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Russia's answer to US sanctions is to make its economy more self-sufficient

Russia's answer to US sanctions is to make its economy more self-sufficient

21 hours ago   |   RT

As Washington threatens to impose more sanctions on Russia, analysts expect Moscow's response to be the same as usual - speeding up the drive to make the nation's economy more...
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Why Dan Niles likes Facebook and Alphabet as U.S. economy recovers from Covid

1 day ago   |   CNBC

Satori Fund's Dan Niles told CNBC he sees upside for Facebook and Google-parent Alphabet due to expected increases in online advertising spending.
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Morning News: April 19, 2021

1 day ago   |   Crossing Wall Street

‘We Were Left With Nothing.' Argentina's Misery Deepens in the Pandemic. Harassment Allegations and Fear Haunt European Investment Bank Bob Diamond's African Bank Exits Another...
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Economic Roundup: Global Businesses Are Feeling Better

1 day ago   |   Economy

The recovering global economy is beginning to lift spirits.
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Companies continue to prioritize AI and cloud for innovation investment...

Companies continue to prioritize AI and cloud for innovation investment, according to the latest Transforming Business poll

Contactless payment with facial recognition technology. Getty Images Cloud and AI top the list of innovation investments by companies according to the latest Transforming... Read more ...

The UFC's majority owner Endeavor is eyeing a valuation of over $10 billion...

The UFC's majority owner Endeavor is eyeing a valuation of over $10 billion for its upcoming IPO

Summary List Placement The Ultimate Fighting Championship's parent company, Endeavor Group Holdings, is eyeing a valuation of over $10 billion for its upcoming IPO, according... Read more ...

JPMorgan's quant guru says traders are missing an opportunity to buy...

JPMorgan's quant guru says traders are missing an opportunity to buy high-upside stocks pegged to the economic reopening

Summary List Placement Investors are underestimating the imminent move higher in cyclical stocks that are poised to benefit from a reopened economy, according to JPMorgan. A... Read more ...

The Upward Slope of Real House Prices

The Upward Slope of Real House Prices

Many years ago, I wrote: The upward slope of Real House Prices. I argued that real house prices had typically increased about 1.0% to 1.5% per year (much higher than Professor... Read more ...

The White House tees up a $1.5 trillion spending plan for family aid and...

The White House tees up a $1.5 trillion spending plan for family aid and education funding, new report says

Summary List Placement The White House is finalizing a follow-up spending plan that's focused on helping American families and set to be unveiled later this month, The... Read more ...

Fintech The Tifin Group just nabbed $22 million in funding from JPMorgan...

Fintech The Tifin Group just nabbed $22 million in funding from JPMorgan, Morningstar, and Broadridge as its CEO looks to build a one-stop wealth and asset management tech shop

Summary List Placement The Tifin Group, a Boulder, Colorado-based platform of fintech companies in wealth management, investments, and personal finance, raised $22.3 million in... Read more ...

Hustle Fund backs Fintor, which wants to make it easier to invest in real estate

Hustle Fund backs Fintor, which wants to make it easier to invest in real estate

Farshad Yousefi and Masoud Jalali used to drive through Palo Alto neighborhoods and marvel at the outrageous home prices. But the drives sparked an idea. They were not in a... Read more ...

How to Use a No-Interest Credit Card to Fund Your Business

How to Use a No-Interest Credit Card to Fund Your Business

A 0% APR business credit card can be a viable way to fund your business. Before you apply, though, consider the pros and cons. Read more ...

The White House backs a bill to make Washington, DC a state, calling lack of...

The White House backs a bill to make Washington, DC a state, calling lack of representation 'an affront' to 'democratic values'

Summary List Placement The White House is officially backing a Democratic-backed bill that would make Washington, DC a state. In a statement released by the Office of... Read more ...

Log management database startup Era Software raises $15.25M

Log management database startup Era Software raises $15.25M

Era Software, a company developing time-series log management database software, has raised $15.25 million. Read more ...