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News

Snap Turning Virtual Reality Into Real Money

The company is putting users in stores, and businesses on maps, virtually. Investors are giving it real credit....

Before Filing Your 2020 Taxes, Here Are Answers to Some Common Questions

Will Congress repeal or modify the $10,000 limit on state and local tax deductions and make changes retroactive to last year?...

Tying of Insurance Agents' Sales to Health Benefits is Conflict That Flies Below Radar

Some agents say linking the cost of their health benefits to how much they sell of certain products creates a difficult conflict for them....

He Said 'Buy' as Stocks Crashed

Thomas Lee of Fundstrat Global Advisors has a reputation as one of Wall Street’s most aggressive market optimists. His approach paid off after Covid-19 caused a market meltdown last year....

When SPACs Attack! A New Force Is Invading Wall Street.

“Blank check” firms known as SPACs are in pursuit of America’s hottest startups. Is the invasion a sign of a market euphoria that can’t last?...

Netflix, Procter & Gamble, Intel: Stocks That Defined the Week

Here are major companies whose stocks moved on the week’s news....

Companies Sell Stock at Record Pace to Start the Year

U.S.-listed companies have conducted 80 follow-on stock offerings this year through Friday, raising $16.35 billion. Both numbers are records for this point in the year....

Short Bets Pummel Hot Hedge Fund Melvin Capital

Founded by 42-year-old Gabe Plotkin, Melvin Capital Management is down 15% just three weeks into 2021 after a series of wrong-way bets....

Dow Drops but Notches Weekly Gain

Investors have been cheered in recent days by a solid start to earnings season, though some are concerned that high valuations in corners of the market will leave stocks vulnerable in the coming mo...

Demand Worries Drag on Oil Prices

U.S. crude prices fell Friday, dragged lower by growing worries that the global pandemic will spur greater restrictions on travel and economic activity....