Breaking News: Investing

A new electric truck SPAC called Lordstown is forming…

The Lordstown Motors Corp. Endurance electric pickup truck is displayed during an unveiling event in Lordstown, Ohio, U.S., on Thursday, June 25, 2020. Matthew...
amarshaffan
1 min read

Jamie Dimon says coronavirus crisis is ‘wake up call’…

JPMorgan Chase CEO Jamie Dimon said Tuesday in a memo that the coronavirus crisis should be used to build an economy that offers opportunities for...
amarshaffan
6 min read

This breakdown of retail sales data shows why Amazon…

Consumer spending plunged by a record 16.4% in April, but one category saw a bounce: nonstore retailers. Included in this category, which saw an...
amarshaffan
2 min read

Hundreds of companies keep PPP loans as deadline to…

Offices of Cutera Inc. in Brisbane, Calif. Google Earth The largest public companies that tapped the government’s emergency relief fund for small businesses nearly...
amarshaffan
3 min read

‘Bubble’ stocks like Beyond Meat and Peloton were supposed…

Peloton machine Source: Peloton Many on Wall Street were convinced the usual playbook would occur when this market and economic downturn hit. Bubble-like tech...
amarshaffan
2 min read

JPMorgan says it has $26 billion in small business…

Pedestrians pass a JPMorgan Chase & Co. bank branch near the New York Stock Exchange in 2018. Bloomberg | Bloomberg | Getty Images JPMorgan...
amarshaffan
58 sec read

Morgan Stanley CEO James Gorman has recovered from coronavirus

James Gorman, chief executive officer of Morgan Stanley Qilai Shen | Bloomberg | Getty Images Morgan Stanley CEO James Gorman fell ill with the...
miftahulyahya
43 sec read

Stock futures point to gains at Thursday’s open

Stock futures were little changed in overnight trading, pointing to a relatively flat open on Thursday. The Dow was set to gain 49 points,...
miftahulyahya
1 min read

Inside banks’ efforts to unleash $350 billion lifeline for…

Steven Mnuchin, U.S. Treasury secretary, right, speaks beside U.S. President Donald Trump during a Coronavirus Task Force news conference in the briefing room of...
miftahulyahya
4 min read

Sanders out sparks rally, S&P 500 up 2%

A man wears a mask on Wall St. near the New York Stock Exchange, March 3, 2020. Brendan McDermid | Reuters Stocks rose out...
miftahulyahya
7 min read

Jamie Dimon details JPMorgan strength in annual letter, says…

JPMorgan Chase chief Jamie Dimon said Monday he expects the coronavirus crisis to include a “bad recession” and elements of financial strain similar to the 2008...
miftahulyahya
2 min read

Dimon says under adverse scenario, JPMorgan might suspend dividend

People pass a sign for JPMorgan Chase at it’s headquarters in Manhattan, New York City. Spencer Platt | Getty Images Jamie Dimon said Monday...
miftahulyahya
1 min read