finance

Hedge fund manager David Tepper said the recent rapid rise in rates is set to stabilize and it’s hard to be bearish on stocks.

The stimulus bill working its way through Congress would end the policy of taxing borrowers’ forgiven student debt. That could save some people up to $10,000.

Starling said it would use the money to expand into Europe, and for anticipated mergers and acquisitions.

Chinese Foreign Minister Wang Yi said at a high-level press conference that the U.S. needs to stop interfering in what Beijing considers its domestic affairs.

Moody Analytics’ Mark Zandi warns the economic recovery will unleash strong inflationary pressures.

Democrats are rushing to extend jobless benefits by March 14, when aid would lapse for millions. There will likely be a gap even if Congress meets the deadline.

Democrats’ $1.9 trillion American Rescue Plan would pay more jobless benefits. But some have yet to receive aid from the Covid relief bill passed in December.

Robinhood has chosen the Nasdaq for its eventual initial public offering, according to sources familiar with the matter.

The major averages bounced off their lows as bond yields retreated from their session highs.

Excess in U.S. SPACs “could end poorly” for investors, the CEO of London’s stock exchange told reporters Friday.

More than 4 million Americans are long-term unemployed, according to the February jobs report. Their jobless benefits are set to end after March 14.

In China, economists are wary of risks to growth as the country tries to recover fully from the shock of the pandemic.

Chinese Premier Li Keqiang said the nation aimed for an urban unemployment rate of around 5.5% and targeted the creation of more than 11 million new urban jobs.

Sponsors are rushing to get their deals done in an increasingly crowded space with nearly 60 SPACs identifying their merger targets in February alone.

Last month, CEO Larry Culp told an audience at an event hosted by Barclays that the company expects to burn cash in the first quarter of 2021.

Exxon CEO Darren Woods told CNBC the company’s dividend payout, which is among the highest in the S&P 500, is a priority.

The food delivery start-up’s IPO plans will allow founder and CEO Will Shu to maintain control of the firm.

With climate change cited as one of the major challenges, Asia-Pacific countries are among those leading the way on the issue.

A video clip created by digital artist Beeple was flipped for a record $6.6 million last week.

Oppenheimer Asset Management’s John Stoltzfus believes tech plays a key role in the reopening trade.