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Dow notches its first record in nearly two months as Santa Claus rally continues |
Stocks set new records on Wednesday, as both the Dow and the S&P 500 finished at all-time highs. Read more » |
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America runs on bad jobs |
The pandemic has been a wake-up call for America's job market. Read more » |
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Holiday returns will cost retailers 59% more than last year |
As Americans bring back unwanted holiday gifts, those returns will cost retailers upwards of 50% more than they did last year. Retailers are already dealing with elevated costs thanks to the supply chain crunch and a tight labor market. Read more » |
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Elon Musk owes a massive $11 billion in taxes after wrapping up his Tesla stock sales |
Elon Musk appears to have wrapped up a busy year of trading his Tesla shares Tuesday. He'll end up with one of the largest tax bills in history to show for it. Read more » |
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Taxi medallion lender bought glowing news stories to pump up its stock price, SEC alleges |
The U.S. Securities and Exchange Commission charged Medallion Financial and its chief operating officer with scheming to fraudulently inflate the stock price of the lender to taxicab medallion buyers, amid competition from ridesharing companies Uber and Lyft. Read more » |
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IPOs have been hot. Now investors are dumping them |
2021 was a record year for initial public offerings. Looking to take advantage of hot markets, companies raised more money than ever before, netting tens of billions of dollars in the process. Read more » |
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