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Women are taking a 'rain check' on babies, and it could change the shape of the economy

Women are taking a 'rain check' on babies, and it could change the shape of the economy

Two crossed lines that form an 'X'. It indicates a way to close an interaction, or dismiss a notification.Hillary HoffowerRedeem nowGet the inside scoop on what traders are talking about — delivered daily to your inbox.Something is loading.The predicted baby boom is looking more like a baby bust. While many thought a year locked up would lead to some serious babymaking, Brookings Institute economists Melissa Kearney and Phillip Levine last June: The pandemic would lead to 300,000 to 500,000 fewer births in 2021, they said.So far, their predictions are on track.Nine months after the...

April 19, 2021
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NASA is developing plans to build an enormous, Arecibo-like telescope inside a crater on the moon

NASA is developing plans to build an enormous, Arecibo-like telescope inside a crater on the moon

Two crossed lines that form an 'X'. It indicates a way to close an interaction, or dismiss a notification.Morgan McFall-JohnsenRedeem nowGet the inside scoop on what traders are talking about — delivered daily to your inbox.Something is loading.NASA is paying a team of researchers to develop a plan for a telescope on the far side of the moon.The Lunar Crater Radio Telescope (LCRT), as the concept is called, would be a lot like the , which in December. A huge dish would collect radio waves from the cosmos and amplify them so that scientists could analyze the signals. The difference is that...

April 16, 2021
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Wall Street Bets traders are more skilled and responsible than they get credit for, a new academic study finds

Wall Street Bets traders are more skilled and responsible than they get credit for, a new academic study finds

Two crossed lines that form an 'X'. It indicates a way to close an interaction, or dismiss a notification.Matthew FoxRedeem nowGet the inside scoop on what traders are talking about — delivered daily to your inbox.Something is loading.has garnered a reputation for being a meme-fueled casino where members push risky investment ideas and bet their life savings away, but real-world data suggests the users of the forum post serious due diligence reports and are actually quite skilled, according to "Despite the conventional view that the platform primarily attracts uninformed investors, we find...

April 11, 2021
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The Mormon Church's secretive $100 billion fund slashed 'big tech' stocks, quadrupled its Tesla stake, and bought GameStop shares last quarter

The Mormon Church's secretive $100 billion fund slashed 'big tech' stocks, quadrupled its Tesla stake, and bought GameStop shares last quarter

Two crossed lines that form an 'X'. It indicates a way to close an interaction, or dismiss a notification.Theron MohamedRedeem nowGet the inside scoop on what traders are talking about — delivered daily to your inbox.Something is loading.The Mormon Church's trimmed its technology bets, quadrupled its Tesla stake, and added GameStop to its portfolio last quarter.Ensign Peak Advisors slashed its four biggest holdings — Apple, Microsoft, Amazon, and Alphabet — by more than 7%, . However, the combined value of the stakes still climbed to over $6.7 billion as the companies' stock prices rose.The...

March 24, 2021
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How an inflation spike could force the Fed's hand and send markets spinning, according to Morgan Stanley's chief economist

How an inflation spike could force the Fed's hand and send markets spinning, according to Morgan Stanley's chief economist

Two crossed lines that form an 'X'. It indicates a way to close an interaction, or dismiss a notification.Emily GraffeoRedeem nowGet the inside scoop on what traders are talking about — delivered daily to your inbox.Something is loading.Investors have grown increasingly worried about a rise in inflation as economic data has been coming in better than expected and yields begin to rise. Chetan Ahya, Morgan Stanley's chief economist and global head of economics sees inflation remaining elevated above 2% for this year and next year. While inflation above 2% is the Fed's stated goal, Ahya is...

March 18, 2021
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Tech stocks crumble as renewed inflation fears send 10-year yield to new cycle highs

Tech stocks crumble as renewed inflation fears send 10-year yield to new cycle highs

Two crossed lines that form an 'X'. It indicates a way to close an interaction, or dismiss a notification.Matthew FoxRedeem nowGet the inside scoop on what traders are talking about — delivered daily to your inbox.Something is loading.A decline in US stocks on Thursday was led by the Nasdaq 100, which fell nearly 2% following a surge in interest rates.The 10-year US Treasury yield hit 1.75% on Thursday, representing a new cycle-high for the treasury note. Yields haven't been that high since January 2020, just two months before the COVID-19 pandemic led to widespread lockdowns across the...

March 18, 2021
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Global stocks rise after US stimulus package passes and falling bond yields reignite risk appetite

Global stocks rise after US stimulus package passes and falling bond yields reignite risk appetite

Two crossed lines that form an 'X'. It indicates a way to close an interaction, or dismiss a notification.Amanda CooperRedeem nowGet the inside scoop on what traders are talking about — delivered daily to your inbox.Something is loading.Global shares rose on Monday, buoyed by the passing of US President Joe Biden's $1.9 trillion spending package and by a retreat in bond yields, which soothed some concern among investors about a potential shift in the Federal Reserve's ultra-accommodative monetary policy.Equities, industrial commodities and emerging-market currencies in particular gained...

March 1, 2021
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Bitcoin surges back above $51,000 after Square's $170 million investment, Cathie Wood's positive comments

Bitcoin surges back above $51,000 after Square's $170 million investment, Cathie Wood's positive comments

Two crossed lines that form an 'X'. It indicates a way to close an interaction, or dismiss a notification.Isabelle LeeRedeem nowGet the inside scoop on what traders are talking about — delivered daily to your inbox.Something is loading.Bitcoin rebounded on Wednesday, climbing back above the $50,000-level after a sharp selloff to start the week. The world's largest cryptocurrency by market capitalization jumped Wednesday on news that payment firm Square purchased an as well as Ark Investment Management CEO Cathie Wood's .Bitcoin around 4AM ET on Wednesday jumped 7.5% to a price of...

February 24, 2021
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Dow closes at record high as Powell signals Fed to remain accommodative

Dow closes at record high as Powell signals Fed to remain accommodative

Two crossed lines that form an 'X'. It indicates a way to close an interaction, or dismiss a notification.Matthew FoxRedeem nowGet the inside scoop on what traders are talking about — delivered daily to your inbox.Something is loading.The Dow closed at record highs on Wednesday after Federal Reserve Chairman Jerome Powell wrapped up his second day of testimony to Congress.Powell reiterated his view that the US economy still has a long way to go before hitting the Fed's unemployment rate and inflation targets, signalling that the Fed is likely to continue remaining accommodative with its...

February 24, 2021
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Alaska's GameStop stake soared over 700% last quarter — and its Tesla bet has gone from $0 to $85 million in 18 months

Alaska's GameStop stake soared over 700% last quarter — and its Tesla bet has gone from $0 to $85 million in 18 months

Two crossed lines that form an 'X'. It indicates a way to close an interaction, or dismiss a notification.Theron MohamedRedeem nowGet the inside scoop on what traders are talking about — delivered daily to your inbox.Something is loading.There have been several surprising beneficiaries of the in January, . The state of Alaska has also emerged as an unlikely winner.The state's revenue department has owned a stake in the video-games retailer since at least 2017, and held about 43,000 shares worth $802,000 at the end of December last year, .Although it trimmed its bet to 37,000 shares last...

April 20, 2021
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