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Stock Futures Are Flat After Dow Closes Above 34,000 for the First Time
The blue-chip Dow rose 300 points to top the 34,000 milestone amid blowout economic data.
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Wall Street Execs, Employees Spent $2.9 Billion on Campaigns, Lobbying During 2020 Election, Study Shows
Wall Street invested at least $2.9 billion to influence Washington during the 2020 election cycle.
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Nearly 3 in 4 Professional Investors in Bank of America Survey See Bitcoin as a Bubble
Fund managers also rated bitcoin second on the list of the most-crowded trades, just behind technology stocks.
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A Large Chunk of the Retail Investing Crowd Started During the Pandemic, Schwab Survey Shows
Schwab — which acquired TD Ameritrade in 2020 and now hosts 31.5 million retail clients— is calling the new wave of clients “Generation Investor.”
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S&P 500 Ekes Out a Record Close as Fed Plans to Stick With Easy Policy
Fed officials indicated at their last meeting the pace of asset purchases will stay the same for some time while the central bank pursues its economic goals.
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S&P 500 Climbs More Than 1% to Close Above 4,000 for the First Time
The move in the stock market came after Biden introduced his multitrillion-dollar infrastructure proposal.
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The Economy Is Expected to Boom in the Second Quarter, and That's Good News for Stocks
Strategists expect even more economic growth in the second quarter as more vaccines roll out, businesses reopen and consumers spend their money.
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Robinhood Gets Rid of Confetti Feature Amid Scrutiny Over Gamification of Investing
Critics of Robinhood have claimed the company has made light of decisions that involve real money.
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US Government Has Returned All the Oil It Stored for Companies When Prices Crashed Last Year
The U.S. returned 18.3 million barrels of oil temporarily stored in the Strategic Petroleum Reserve by companies that rented space there last year.
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Dow Closes Up Nearly 100 Points at New Record, Shrugging Off Fallout From Margin-Call Rout
The Dow Jones Industrial Average erased a 160-point loss and closed up 98 points at a fresh record of 33,171.
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This Chart Shows Why Investors Should Never Try to Time the Stock Market
Bank of America has quantified the perils of trying to time the market.
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Insurance Stock Hartford Spikes, Trading Halted After Report of Possible Takeover
Chubb has approached Hartford about a potential takeover.
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Inclusion Isn't Just Right, It's Also Profitable, TIAA CEO Roger Ferguson Says
Getting a better mix of workers and executives has taken focus in light of last summer’s racial unrest, as well as growing wealth disparities.
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Here's Where the Federal Reserve Sees Interest Rates, the Economy and Inflation Going
The Federal Reserve sharply ramped up its economic expectations for 2021, according to the central bank’s Summary of Economic Projections.
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Business Leaders Engage Biden Administration on Ways to Pay for Infrastructure
Tax hikes, private-public partnerships and fee increases are among the ideas being discussed.
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Palantir CEO Rips Wall Street as Having a ‘Destructive' and ‘Corrosive' Short-Term Focus
Wall Street’s short-term focus is “one of the most destructive, corrosive attributes” of the system, Palantir CEO Alex Karp said.
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Top U.S. and China Diplomats Talk Tough on Myanmar and Taiwan in Tense First Call Since Biden Took Office
Diplomats from the U.S. and China spoke in the first major conversation between top administration officials since President Joe Biden took office last month.
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Retail Investors Continue to Jump Into the Stock Market After GameStop Mania
While app downloads for the top retail brokers have come down from their record levels in January, retail engagement is still strong.
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Investment Firms, Private Equity Advocacy Group Hire Lobbyists as Lawmakers Target Tax Loopholes
Investment firms and a private equity advocacy group are lobbyists as lawmakers take aim at tax loopholes.