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The mood on Wall Street just got better really quickly
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| Investors may still be nervous about the Delta variant and Afghanistan. But Federal Reserve Chair Jerome Powell eased many worriers on Friday when he signaled that the central bank is not going to hit the panic button anytime soon over inflation concerns. Read more » |
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Investors are starting to play defense as the bull run matures
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| As the economic recovery from Covid-19 has progressed this year, investors have had plenty of opportunities to place winning bets. Wagering against the bull run in stocks hasn't been one of them. Read more » |
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Top Tencent investor makes $4.7 billion bet on digital payments in India
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| Digital payments are booming in India — and Prosus, the tech investment firm, wants a bigger piece of the action. Read more » |
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Progressives led by AOC call for Biden to replace Fed Chair Powell
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| Progressive Democrats, including New York Rep. Alexandria Ocasio-Cortez, are calling on President Joe Biden to give the Federal Reserve a sweeping makeover by replacing Jerome Powell as chairman. Read more » |
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Zoom's stock plunges as sales growth slows
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| Zoom Video Communications was one of the clear winners of the pandemic economy. But as more people return to the office and classroom, the company now faces a bigger challenge: living up to Wall Street's hype. Read more » |
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Pearl Milling Company's new ads remind customers it used to be Aunt Jemima — without mentioning the racist brand
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| Pearl Milling Company unveiled a new ad campaign this week to remind pancake and syrup lovers that although the brand changed its name from Aunt Jemima earlier this year, it still tastes the same. Read more » |
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