(Reuters) – The Nasdaq ended sharply lower on Wednesday after investors sold high-flying technology shares and pivoted to sectors viewed as more likely to benefit from an economic recovery on the back of fiscal stimulus and vaccination programs. Microsoft Corp, Apple Inc and Amazon.com Inc dropped, weighing more than any other stocks on the S&P 500. The S&P 500 financial […]
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If you buy through our links, we may earn money from affiliate partners. Learn more. Shopping can be more of a hassle than fun, but subscriptions are an easy way to fill your closet. Whether you’re revamping your wardrobe or just looking to add a few pieces, there’s a box for you. We rounded up our favorite clothing subscriptions including […]
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US creditors are wary of calling in commercial real estate loans because many do not want to be saddled with undesirable assets. When the wolves came to Ziel Feldman’s door, it was a triplex penthouse on the Upper East Side of Manhattan. Feldman, chief executive of HFZ Capital, one of the city’s swankiest developers, was forced in December to put […]
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During Senate negotiations on Wednesday over who will be eligible for the next round of $1,400 stimulus checks, President Joe Biden reportedly signaled he would support a new plan that would stop about 12 million adults from receiving a payment, according to the Institute on Taxation and Economic Policy. In the $1.9 trillion relief package under debate, the federal government […]
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Biden’s stimulus includes $350 billion in state and local aid, but tax revenues are only slightly down. Democrats argue that more state aid is needed to ensure long-term economic recovery. Critics say aid should be further targeted. States surprisingly haven’t lost much tax revenue — yet. Visit the Business section of Insider for more stories. President Joe Biden wants to […]
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FILE PHOTO: UniCredit bank logo is seen in Siena, Italy June 29, 2017. REUTERS/Stefano RellandiniMILAN (Reuters) – Italy’s No. 2 bank UniCredit plans to appoint more women to its board, including Dame Jayne-Anne Gadhia, the former head of Virgin Money and founder of open banking fintech Snoop. UniCredit on Wednesday approved a slate of nominees for the board’s renewal, saying […]
Read moreAsian stock markets are notably higher on Thursday on a broadly positive lead from Wall Street overnight as well as easing bond yields and surging crude oil prices. Investors are refocusing on a vaccine and stimulus-driven global economic recovery with optimism about the reopening of the economy. The Australian stock market is higher on Thursday, recouping some of the recent […]
Read moreNot even 24 hours after the announcement of new music and an upcoming Netflix special, Beyoncé is breaking the internet yet again. The singer, dancer, producer, and all around G.O.A.T., announced this week that she is partnering with sportswear brand adidas to develop and produce new footwear and apparel as well as relaunch her popular athleisure brand Ivy Park. According […]
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More than a dozen health insurers are launching a pilot program aimed at getting 2 million American seniors vaccinated as quickly as possible, President Joe Biden's senior advisor on the Covid-19 pandemic announced Wednesday. The pilot program – called Vaccine Community Connecters – is designed to educate seniors on the vaccines, help schedule appointments for shots and arrange transportation, advisor […]
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