Clover Health short bets mount as stock soars
Short-sellers are battening down the hatches as Clover Health Investments Corp. shares surge.
Varney: Biden's first foreign trip an 'escape' from the 'mess' back home
FOX Business host Stuart Varney on the Biden administration’s agenda creating division among the U.S. and Congress ahead of the president's meeting with Putin.
Real wages decreasing since Biden took office, former White House economist says
Tyler Goodspeed argues real wages have decreased because nominal wages are being "outstripped" by inflation.
Unemployment tax refunds start landing in Americans' bank accounts
Millions of Americans who collected unemployment benefits last year and paid taxes on that money are in line to receive a federal refund from the IRS this week.
These countries have the highest and lowest corporate tax rates
Top economic officials from some of the world's wealthiest nations reached a broad agreement on Saturday to support a global minimum tax rate of at least 15%.
SEC mulls GameStop, AMC ‘gamification’ crackdown with regulatory layer
As AMC and GameStop shares climb wildly, the SEC is looking for ways to control these 'meme' stocks using regulation.
Kudlow: Will Biden's economic policies actually go through?
Larry Kudlow breaks down the United States' road to recovery and how Biden's economic policies might halt growth on "Kudlow."
Subway hits franchisees with new snow closure rules
Subway Restaurant store owners are seeing red over onerous new rules they say could require them to keep their doors open even during a snowstorm, electrical outage or terrorist attack.
US report found it plausible COVID-19 leaked from Wuhan lab
A report on the origins of Covid-19 by a U.S. government national laboratory concluded that the hypothesis claiming the virus leaked from a Chinese lab in Wuhan is plausible and deserves further investigation, according to people familiar with the classified document.
California’s new COVID-19 workplace rules will deal ‘crushing blow’ to businesses, critic warns
Former San Diego city councilmember Carl DeMaio on Sunday slammed the state’s latest "draconian" workplace regulations on COVID-19 masks, warning that, if enforced, will deal a "crushing blow" to California businesses.
Fed's Powell talks inflation, jobs and rates staying low
Fed Chair Powell sees an improving economy.
Dow falls 234 points but Nasdaq battles even with higher bond yields
U.S. equity markets finished mixed Friday as the Nasdaq rebounded while the Dow Jones Industrial Average and the S&P 500 lost ground.
Stocks conquered COVID-19 but new headwinds emerge
The S&P 500 has come roaring back from the depths of its COVID-19 induced selloff, but the index faces new headwinds as the U.S. economic recovery kicks into a higher gear.
Stocks sink as coronavirus European lockdowns rise, Powell and Yellen assess economy
U.S. equity markets fell Tuesday amid renewed concerns about the pace of the global recovery as European countries imposed new COVID-19 lockdowns and as Federal Reserve Chairman Jerome Powell and Treasury Secretary Janet Yellen testified about the U.S. government’s COVID-19 relief efforts.
Stocks slump as 10-year yield hits highest level since January 2020
U.S. stock struggled Tuesday as bond yields reached a 14-month high ahead of President Biden later this week unveiling his $3 trillion infrastructure package.
Goldman Sachs posts record results as profits jump
Investment bank Goldman Sachs saw its profits nearly quintuple in the first quarter, driven by a massive surge of revenue from its core investment banking and trading operations.
Bitcoin is 'most-crowded trade': big-money managers
Big-money managers say too many investors have piled into bitcoin, according to a Bank of America survey.
Inflation posturing divides investors
Investors are positioning for the risk of higher inflation as the reopening of the U.S. economy gathers steam, but may not be prepared if the worst of the price increases has already run its course.