The Fed uses one inflation gauge as its North Star. Here's why
The U.S. central bank prefers a measure of inflation called the Personal Consumption Expenditures Index to gauge its interest-rate policy.
Market wire
Latest news on private equity markets
Headlines on the small cap U.S. and Canadian companies we follow, pulled from the wires as they publish. Every story opens at its original source.
Robinhood shares rally 5% Friday after falling 14% in earlier trading
Robinhood shares were trading around $12 on Friday, well below the company's IPO price of $38 in July.
Robinhood shares rally 5% on Friday after falling as much as 14% earlier
Shares of Robinhood are trading around $11 per share on Friday, well below its IPO price of $38 from July.
Americans think student loan forgiveness is more likely than payments resuming in May, CNBC survey finds
Just 29% of people said student loans resuming in the spring as the most probable outcome. More think it's likelier that some form of forgiveness occurs.
Why the stock market hates the idea of rising interest rates
Broadly, higher interest rates may impact company profits and reduce the luster of stocks relative to assets like bonds.
The manager of 2021's top-performing hedge fund on his winning GameStop trade and lessons from it
Senvest Founder & CEO Richard Mashaal discussed how he navigated his firm's position in GameStop and shared lessons he learned along the way.
Dreaming of a four-day workweek? Here’s how to make it a reality
Here's what four-day-workweek companies look for in employees and how you can stand out in your job search.
Be sure to keep your will or estate plan updated. Here are 3 key reasons why
Even if you don't have a major change in your life, aspects of your will and overall estate plan should be reviewed fairly regularly.
If you're a perfectionist, a four-day workweek might not be for you. Here's why
Here's what four-day-workweek companies look for in employees and how you can stand out in your job search.
Italian space company D-Orbit to go public via SPAC at a $1.4 billion valuation
Italian space transportation and services company D-Orbit announced plans to go public via a SPAC, in a deal that values the venture at $1.4 billion.
So what is financial exclusion in the era of Open Finance?
Fintech Galaxy Lisa Gutu Jan 19, 2022 So what is financial exclusion in the era of Open Finance? Despite the impact of the phenomenon, little is...
The fund that made $700 million on GameStop knew it was time to sell after an Elon Musk tweet
A tweet from Elon Musk served as a sell signal for a top-performing hedge fund who got the GameStop trade right.
Amy Schneider's nearly $1.4 million 'Jeopardy!' winnings will come with big tax hit
Amy Schneider racked up nearly $1.4 million on "Jeopardy!." She will likely owe nearly half of those winnings to taxes.
How Crowdfunding Can Support a Post-Covid World
Bennett Milner Williams Consulting Ltd. Victoria Bennett Jan 27, 2022 We are all in the COVID sea, but each of us is on different ships. Companies...
Cramer says investors should not rush to buy or sell outside of regular trading hours. Here's why
"Why are people so desperate to sell at 1 a.m.? What do they know? And the answer is nothing," the "Mad Money" host asked Thursday.