Markets

Revolut lets businesses accept online payments

13 minutes ago   |   Tech Crunch

Fintech startup Revolut is launching its own acquiring solution. With this move, the company is competing directly with Stripe, Adyen, Braintree or Checkout.com. This is an...
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Asia-Pacific Weekly Highlights and Preview: 4 December, 2020

19 minutes ago   |   Economy

China's trade recovery gains momentum.
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Morning News: December 4, 2020

25 minutes ago   |   Crossing Wall Street

Chinese Scientists Claim Breakthrough in Quantum Computing Race United States Adds China's SMIC and CNOOC to Defense Blacklist More Than 400 Lawmakers From 34 Countries Back...
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CWS Market Review - December 4, 2020

CWS Market Review - December 4, 2020

25 minutes ago   |   Crossing Wall Street

“There's no shame in losing money on a stock. Everybody does it. What is shameful is to hold on to a stock, or worse, to buy more of it when the fundamentals are...
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November NFP: +245K; Unemployment 6.7%

25 minutes ago   |   Crossing Wall Street   |   14 articles

The November jobs report is out. The U.S. economy created 245,000 net new jobs last month. The compares with 610,000 for October. Wall Street expected 440,000. The unemployment...
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Billionaire investor Bill Ackman says the US should give every American cash at birth so they can retire a millionaire

Billionaire investor Bill Ackman says the US should give every American cash at birth so they can retire a millionaire

29 minutes ago   |   Business Insider

Billionaire investor Bill Ackman is proposing a universal basic income of sorts, in the form of equity given to all Americans at birth. Mike Blake/ Reuters William "Bill...
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How to write a cover letter that could get you hired in 3 simple steps

31 minutes ago   |   CNBC

Your cover letter should include why you're applying for the role, why you're qualified, and what you hope to hear from your prospective employer.
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U.S. Hotel Stocks Jumped 31.0% in November

U.S. Hotel Stocks Jumped 31.0% in November

31 minutes ago   |   Hotel News Resource

The Baird/STR Hotel Stock Index was up 31.0% in November to a level of 4,354. Year to date through the first 11 months of 2020, the stock index was down 17.4%.
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Transportation initiatives propel Perimeter market forward

Transportation initiatives propel Perimeter market forward

33 minutes ago   |   Biz Journals

Transportation, particularly around the heavily traveled Central Perimeter area, is still top of mind for the Perimeter Community Improvement Districts.
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DoorDash amps its IPO range ahead of blockbuster IPO

33 minutes ago   |   Tech Crunch   |   2 articles

DoorDash filed a fresh S-1/A , providing the market with a new price range for its impending IPO. The American food delivery unicorn now expects to debut at $90 to $95 per...
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AMC aims to raise up to $844 million to stave off default until a vaccine is...

AMC aims to raise up to $844 million to stave off default until a vaccine is widely distributed

Summary List Placement AMC aims to raise up to $844 million through the sale of 200 million shares to meet cash needs, according to a Securities and Exchange Commission filing... Read more ...

Wall Street is gearing up to pay out the best bonuses in years. Here's a...

Wall Street is gearing up to pay out the best bonuses in years. Here's a look at which trading and banking jobs will see the biggest windfall

Summary List Placement Annual total compensation for Wall Street's fixed income, currencies, and commodities groups are expected to grow for the first time in four years, a... Read more ...

Small stocks are skyrocketing and 2021 is set to be their best year in...

Small stocks are skyrocketing and 2021 is set to be their best year in almost 2 decades, Jefferies says. Here's how to position for the huge performance

Summary List Placement November was the best month ever for small-company stocks, and the big wins should continue in 2021, according to Jefferies strategist Steven... Read more ...

Georgia becoming a 'real production state' and attracting investors

Georgia becoming a 'real production state' and attracting investors

A group of panelists say growing the venture capital market in Georgia is key to supporting the entertainment industry. Read more ...

Oil nears $50 for the first time since the start of the pandemic after OPEC+...

Oil nears $50 for the first time since the start of the pandemic after OPEC+ agrees to a gradual output increase of just 500,000 barrels a day in January

Summary List Placement Oil prices neared $50 for the first time since its historic crash this year after OPEC+ agreed to raise supply in January. Producers agreed to increase... Read more ...

US blacklists Chinese chipmaker SMIC & oil producer CNOOC over alleged...

US blacklists Chinese chipmaker SMIC & oil producer CNOOC over alleged military ties

The Pentagon has added China's largest chipmaker, SMIC, and oil giant CNOOC to a blacklist of alleged Chinese military companies. The move is part of broader attempts to reduce... Read more ...

Global food prices hit six-year high as Covid-19 pandemic turns into major...

Global food prices hit six-year high as Covid-19 pandemic turns into major driver of food inequality

World prices for food commodities saw a steep year-on-year increase in November, hitting an almost six-year high, with the index posting its sharpest monthly spike since July... Read more ...

Supply chain delays marred Pfizer's initial vaccine rollout plans, but the...

Supply chain delays marred Pfizer's initial vaccine rollout plans, but the company says it will still deliver on the supply it promised the US

Summary List Placement Supply chain problems reportedly caused Pfizer to cut projections for its COVID-19 vaccine rollout. Sources close to the Pfizer vaccine development told... Read more ...

US mortgage rates fall to 14th record low of 2020 as housing-market frenzy...

US mortgage rates fall to 14th record low of 2020 as housing-market frenzy charges on

Summary List Placement The average US 30-year fixed mortgage rate dipped to 2.71% from 2.72%, Freddie Mac said Thursday. The new level marks the rate's 14th record low of the... Read more ...

Saudi Arabia's wealth fund plans to raise $7 billion to plow into new...

Saudi Arabia's wealth fund plans to raise $7 billion to plow into new investments, report says

Summary List Placement Saudi Arabia's Public Investment Fund, which is among the largest in the world, seeks to raise $7 billion in loans for new investments, Bloomberg... Read more ...