Dear Quentin, I don’t know where to start. So I will start at the beginning. I met a man at a friend’s wedding a few years ago. He was charming in that British-man-in-America sort of way (Hugh Grant has a lot to answer for), he told jokes (perhaps too many …
Read More »Market Extra: Stock market posts best Inauguration Day rise in 36 years as Biden takes office
Wall Street appeared to cheer a change of leadership in the White House, producing one of its best returns in nearly four decades on the day of a new president’s inauguration. Read: Stock-market performance under Trump trails only Obama and Clinton The Dow Jones Industrial Average DJIA, +0.83% and the …
Read More »The Fed takes new approach to inflation: What it means for your savings, credit-card interest — and mortgage rate
The Federal Reserve is shaking things up — which is both good and bad news for consumers. The Fed made some of the biggest changes to its policy in years following an extended review. The central bank has revised its approach to inflation and the labor market in a move …
Read More »Palantir takes swings at Silicon Valley on its way to Wall Street
Palantir Technologies Inc., a software company founded in Silicon Valley to help governments and companies collect and parse data, used its Tuesday filing for a direct listing to confirm a move away from the California technology hub and declare that “we seem to share fewer and fewer of the technology …
Read More »Greed takes over fear in the stock market, but don’t be lured into this short-lived rally
In short order, greed in the stock market has mostly taken over fear after reports of slowing new coronavirus cases in New York and Europe. Is it prudent to chase the rally? The answer is “no” without knowing where you belong in the protection band. (More on that later.) The …
Read More »Capitol Report: Biden racks up string of Super Tuesday wins as Sanders takes California
AFP/Getty Images Former Vice President Joe Biden arrives onstage with his wife Jill and sister Valerie for a Super Tuesday event in Los Angeles on March 3. Joe Biden scored a string of victories across the country in Super Tuesday Democratic primaries, battling for delegates with Bernie Sanders as his …
Read More »Disney CEO Bob Iger steps down; company veteran Bob Chapek takes reins
Walt Disney Co. Chief Executive Bog Iger abruptly stepped down Tuesday, sending shock waves throughout Hollywood, Wall Street and Silicon Valley. Bob Chapek, who has served as chairman of Disney Parks, Experiences and Products since its creation in 2018, was named Iger’s successor, effective immediately. Chapek’s jolting promotion, which sent …
Read More »Key Words: Stephen King takes a stand against Facebook, quits over political lies
‘I’m quitting Facebook. Not comfortable with the flood of false information that’s allowed in its political advertising, nor am I confident in its ability to protect its users’ privacy.’ That’s literary legend Stephen King explaining in a tweet why he’s deleting his Facebook FB, -3.64% account. King, who has 5.6 …
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