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Tag Archives: topping

JETS ETF joins the mile-high club, topping $1 billion in assets, even as air travel sinks 90%

Are a group of retail investors about to get grounded? Over the past two months, investors have plowed so much money into an exchange-traded fund with an out-of-favor investing thesis that it’s recently become one of only a handful of ETFs to reach $ 1 billion in assets under management. …

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Economic Report: Unemployed workers applying for jobless benefits seen topping 25 million

The record surge in suddenly unemployed Americans likely grew by another 4 million last week to push the total to 25 million or more since the coronavirus pandemic shut down large parts of the U.S. economy a month and a half ago. Initial jobless claims in the seven days running …

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