Category: Capital

January 5, 2021

Jefferies Financial Group (JEF) – Get Report shares rose on Tuesday after the financial-services company reported a 79% surge in fourth-quarter net income per share and boosted its stock-buyback plans. Shares of the New York investment bank at last check […]

January 4, 2021

The marriage of carmakers PSA Peugeot and Fiat Chrysler Automobiles is built on the promise of cost-savings in the capital-hungry industry, but what remains to be seen is if it will be able to preserve jobs and heritage brands in […]

December 18, 2020

A herd of new, big investors are scooping up bitcoin this year as the price more than doubles. Investors who bought at least 1,000 bitcoins — worth roughly $23 million at Friday’s price — and have had an account open […]

December 15, 2020

Despite the dire economic reality that millions of Americans face today, the stock market has been on a tear. Intervention by the Fed and strong performance by tech companies helped the market rebound quickly. Plus, the election of Joe Biden […]

December 11, 2020

Airbnb’s stock price more than doubled to about $145 on Thursday, valuing the home-rental platform at north of $85 billion on its first day of trading. One of the company’s earliest backers paid just one cent a share when it […]

November 24, 2020

Elon Musk’s year of dizzying ascents hit a new apex Monday as the Tesla co-founder passed Bill Gates to become the world’s second-richest person. The 49-year-old entrepreneur’s net worth soared $7.2 billion to $127.9 billion, driven by yet another surge […]

November 13, 2020

Interest rates on deposit accounts are hoovering at near zero percent due to the The COVID-19 pandemic, but that hasn’t stopped people from socking money away. A Federal Reserve report indicated that commercial bank deposits were up roughly $13.2 trillion […]

October 27, 2020

The stock market has had a wild ride this year and more turbulence could lie ahead, what with a rancorous presidential election nearing and possibly more economic damage if a second COVID-19 wave hits. But it might be the bond […]

October 20, 2020

President Donald Trump says the American Dream is on the line this election, while Democratic challenger Joe Biden says his campaign is locked in a “battle for the soul of this nation.” That’s weighty rhetoric, but it’s also intangible. How […]

August 31, 2020

On Monday, Berkshire Hathaway, the giant holding company chaired by Warren Buffett, announced it had acquired a roughly 5% stake totaling approximately $6 billion in five of Japan’s largest trading houses. The purchase is the latest of Buffett’s bids to […]