As President-elect Joe Biden prepares to take office on Wednesday, prominent U.S. companies are making donations to support his inaugural events, even as the proceedings will be largely online and scaled back. Alphabet’s Google GOOG, -0.23% GOOGL, -0.19%, Boeing BA, -2.66%, Charter Communications CHTR, +0.93%, Comcast CMCSA, -1.80%, Microsoft MSFT, …
Read More »Key Words: ‘A tale told by an idiot’ — CNBC’s Jim Cramer urges investors not to be fooled by new highs in the stock market
“ ‘The S&P’s new highs are a tale told by an idiot, full of sound and fury, signifying nothing about the hardship of millions of people on food stamps, or the millions about to be fired from service jobs, or the homeless, or the people who are just huddled at …
Read More »In One Chart: Investors face ‘a scary, out-of-whack’ scenario — just look at this chart
If it weren’t for the “Giant 5,” your money would have been better off sitting in cash than the stock market over the past few years, according to Wolf Richter of the Wolf Street blog. Yes, investment gains since early 2017 have been completely dominated by Apple AAPL, +0.24% , …
Read More »Key Words: Tennessee man sitting on almost 18,000 bottles of hand sanitizer says he’s doing ‘a public service’
These pandemic profiteers have become internet pariahs. Brothers Matt and Noah Calvin admit in a New York Times interview that they bought up all of the hand sanitizer and antibacterial wipes that they could find across Tennessee and Kentucky after the first U.S. coronavirus death was reported on March 1, …
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