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The Giving Pledge turns 10: These billionaires pledged to give away half their wealth, but they soon…
The Giving Pledge was heralded as a worthy goal when it was announced 10 years ago this week, but those good intentions have been outmatched by a mighty foe: the breakneck pace of wealth creation.
Though they’ve promised to shed at least…
Capitol Report: Meadows, Mnuchin say they are recommending Trump issue executive orders soon after…
White House Chief of Staff Mark Meadows and Treasury Secretary Steven Mnuchin signaled on Friday afternoon that President Donald Trump could issue executive orders shortly that aim to provide some coronavirus relief after talks with…
Americans’ household debt fell for the first time since 2014 — but that doesn’t mean people are…
Total household debt fell on a quarterly basis for the first time since 2014, as Americans tightened their belts amid the coronavirus pandemic.
The Federal Reserve Bank of New York reported that total household debt fell by $34 billion, or…
The Wall Street Journal: Quicken Loans parent Rocket Cos. expected to price IPO at $18
The country’s top mortgage lender is expected to price its IPO below expectations at $18 a share, according to people familiar with the matter.
Rocket Companies Inc., parent company of Quicken Loans, is also likely to sell about 100 million…
Bond Report: 10-year Treasury yield flirts with record closing low as investors grow gloomy on…
U.S. Treasury yields fell Tuesday as investors remained pessimistic about the U.S. economy’s health and eyed the slow pace of negotiations in Congress on another fiscal relief package to combat the coronavirus pandemic.
What are Treasurys…
Earnings Results: Global Payments stock gains after company says new partnership with Amazon’s AWS…
Global Payments Inc. topped earnings expectations Monday and announced a new partnership with Amazon.com Inc.’s Amazon Web Services that it said would provide more cloud-focused offerings for bank clients and allow the company to expand its…
Economic Preview: Job trouble? Wave of rehiring after economy reopened to fade in July after viral…
The engine of the U.S. economy may have gotten clogged again — no thanks to the recent acceleration in coronavirus cases. That’s bad news for Americans hoping to return to their old jobs.
Just how much damage has been done will become more…
Apple is splitting its stock after a massive quarter — 3 things retail investors should know before…
Apple Inc. will enact a four-to-one stock split in August to become “more accessible to a broader base of investors,” the company announced Thursday in its knockout third-quarter earnings report.
A stock split divides the original share…
MarketWatch First Take: Pandemic? Antitrust? No worries for Big Tech, which racked up $200 billion…
Amid a global pandemic and concerted antitrust scrutiny, the Big Tech quartet in regulators’ sights are just getting bigger.
Alphabet Inc. GOOG, +0.62% GOOGL, +0.97% GOOGL, +0.97% Amazon.com Inc. AMZN, +0.60%, Apple Inc. AAPL, +1.21% and…
The Fed: Fed’s Powell sees U.S. economy flattening as coronavirus cases rise
Federal Reserve Chairman Jerome Powell said Wednesday that the sharp acceleration in COVID-19 infections since mid-June is restraining the ability of the economy to recover from the historic contraction in economic activity in the second…