The S&P 500 index looks on track to take a run at another record on Thursday, with technology shares set to help in that campaign, while the Dow was flat, ahead of comments from Federal Reserve Chairman Jerome Powell and weekly data on unemployment benefits.
JPMorgan Chase & Co.’s Jamie Dimon published his annual letter to shareholders on Wednesday, and as usual offered a broad overview of the state of the world after a year of a global pandemic, homing in on the hardship it has created for many and the widening wealth gap.
Sen. Joe Manchin, a pivotal centrist, further closed the door on the prospect that he could support any move to end the filibuster in the Senate, a rule change that would allow his party to pass legislation with a simple majority rather than the 60 votes needed for most bills.
Do you pay taxes on stimulus checks? Can you claim tax breaks if you work from home? Just 5% of U.S. adults correctly answered all five of these questions.
Tom Jessop, head of Fidelity Digital Assets at Fidelity Investments, says that the maturation and adoption of digital assets as a class of investments will continue at a rapid race in coming years, signally that crypto may have turned a corner in the world of traditional finance.
Gold futures decline on Wednesday, easing back after posting gains over the past four trading sessions, but some experts forecast some recovery for bullion prices as questions about the state of the economy and lofty stock-market valuations persist.
Investors should expect other “eye-popping” sales numbers from retailers in the coming weeks, amid a “weird” year in which the COVID-19 pandemic wreaked havoc on the retail and restaurant segments.
On Wednesday, Google’s cloud division said it landed its biggest deal yet in Latin America, a seven-year strategic partnership with Brazil’s largest media company, Grupo Globo, a privately-held multibillion-dollar that is in the midst of a restructuring. Financial terms were not disclosed.
The Disneyland and Disney California Adventure theme parks are set to reopen this month after being closed for a year because of the COVID-19 pandemic.