BETAThis is a BETA experience. You may opt-out by Nov 14, 2019,Topline: In the latest salvo in her war on the ultrarich and her public feud with longtime investor Leon Cooperman, 2020 hopeful Elizabeth Warren released a that takes aim at a group of billionaires who have criticized her proposed wealth tax.Key background: Numerous other business leaders and billionaires, including JPMorgan Chase CEO , Shark Tank investor and Microsoft cofounder , have criticized Warren for her attacks on the wealthy. With the 2020 election growing ever closer, many on Wall Street are becoming...…BETAThis is a BETA experience. You may opt-out by Nov 14, 2019,Topline: In the latest salvo in her war on the ultrarich and her public feud with longtime investor Leon Cooperman, 2020 hopeful Elizabeth Warren released a that takes aim at a group of billionaires who have criticized her proposed wealth tax.Key background: Numerous other business leaders and billionaires, including JPMorgan Chase CEO , Shark Tank investor and Microsoft cofounder , have criticized Warren for her attacks on the wealthy. With the 2020 election growing ever closer, many on Wall Street are becoming...WW…

BETAThis is a BETA experience. You may opt-out by Jul 6, 2022,New!Got it!Oil prices continued to fall in choppy trading on Wednesday—extending recent losses as growing recession fears wreak havoc on markets, but despite concerns about an economic downturn hurting demand, most experts remain optimistic that prices will rebound by later this year.The price of U.S. benchmark West Texas Intermediate slid nearly 2% to trade at around $98 per barrel, while international benchmark Brent crude now sits at just over $100 per barrel.The price action on Wednesday comes a day after both contracts...…BETAThis is a BETA experience. You may opt-out by Jul 6, 2022,New!Got it!Oil prices continued to fall in choppy trading on Wednesday—extending recent losses as growing recession fears wreak havoc on markets, but despite concerns about an economic downturn hurting demand, most experts remain optimistic that prices will rebound by later this year.The price of U.S. benchmark West Texas Intermediate slid nearly 2% to trade at around $98 per barrel, while international benchmark Brent crude now sits at just over $100 per barrel.The price action on Wednesday comes a day after both contracts...WW…

BETAThis is a BETA experience. You may opt-out by Aug 28, 2020,New!Got it!U.S. tech stocks have been pushing the stock market to record highs, and now the sector has now become more valuable than the entire European stock market for the first time in history, according to the latest research from Bank of America.The bank said in a note that the total market capitalization of U.S. tech stocks reached $9.1 trillion, eclipsing that of the entire European market—including the UK and Switzerland, which is now valued at $8.9 trillion.In 2007, by comparison, the European market was four times...…BETAThis is a BETA experience. You may opt-out by Aug 28, 2020,New!Got it!U.S. tech stocks have been pushing the stock market to record highs, and now the sector has now become more valuable than the entire European stock market for the first time in history, according to the latest research from Bank of America.The bank said in a note that the total market capitalization of U.S. tech stocks reached $9.1 trillion, eclipsing that of the entire European market—including the UK and Switzerland, which is now valued at $8.9 trillion.In 2007, by comparison, the European market was four times...WW…

BETAThis is a BETA experience. You may opt-out by Aug 18, 2020,New!Got it!The S&P 500 rose to a new record-closing high on Tuesday, finishing above its previous all-time high in February and fully recovering its losses from the selloff caused by the coronavirus pandemic.The S&P 500 was up 0.2% on Tuesday, while the Dow Jones Industrial Average fell 0.3% and the tech-heavy Nasdaq Composite gained 0.7%.The S&P finished above its old record-closing-high of 3,386 set back in February, while also surpassing its previous intraday high of 3,393 earlier on Tuesday.Earlier this...…BETAThis is a BETA experience. You may opt-out by Aug 18, 2020,New!Got it!The S&P 500 rose to a new record-closing high on Tuesday, finishing above its previous all-time high in February and fully recovering its losses from the selloff caused by the coronavirus pandemic.The S&P 500 was up 0.2% on Tuesday, while the Dow Jones Industrial Average fell 0.3% and the tech-heavy Nasdaq Composite gained 0.7%.The S&P finished above its old record-closing-high of 3,386 set back in February, while also surpassing its previous intraday high of 3,393 earlier on Tuesday.Earlier this...WW…

BETAThis is a BETA experience. You may opt-out by Jul 23, 2020,Conventional wisdom says that those liberal Dems are generally bad for the economy and the stock market because of their big government tendencies, while fiscally conservative Republicans are good. This widely accepted belief is actually fake news if you look at data going back to the end of World War II.“Stock markets do perform better under Democrats than under Republicans. That’s a well-known fact, but it does not imply cause and effect,” says Jeremy Siegel, the Russell E. Palmer Professor of Finance at the Wharton...…BETAThis is a BETA experience. You may opt-out by Jul 23, 2020,Conventional wisdom says that those liberal Dems are generally bad for the economy and the stock market because of their big government tendencies, while fiscally conservative Republicans are good. This widely accepted belief is actually fake news if you look at data going back to the end of World War II.“Stock markets do perform better under Democrats than under Republicans. That’s a well-known fact, but it does not imply cause and effect,” says Jeremy Siegel, the Russell E. Palmer Professor of Finance at the Wharton...WW…

BETAThis is a BETA experience. You may opt-out by Jul 21, 2020,New!Got it!The market finished higher on Tuesday as companies like Coca-Cola and IBM beat earnings estimates and investors remained on alert for fiscal stimulus updates from U.S. lawmakers.The Dow Jones Industrial Average was up 0.6%, over 150 points, on Tuesday, while the S&P 500 rose 0.2% and the tech-heavy Nasdaq Composite lost 0.8%.The market opened higher after IBM topped revenue estimates and improved gross margins in the second quarter, while Coca-Cola also beat Wall Street expectations—despite a from last...…BETAThis is a BETA experience. You may opt-out by Jul 21, 2020,New!Got it!The market finished higher on Tuesday as companies like Coca-Cola and IBM beat earnings estimates and investors remained on alert for fiscal stimulus updates from U.S. lawmakers.The Dow Jones Industrial Average was up 0.6%, over 150 points, on Tuesday, while the S&P 500 rose 0.2% and the tech-heavy Nasdaq Composite lost 0.8%.The market opened higher after IBM topped revenue estimates and improved gross margins in the second quarter, while Coca-Cola also beat Wall Street expectations—despite a from last...WW…

BETAThis is a BETA experience. You may opt-out by Jun 8, 2020,New!Got it!The Trump administration has cracked down on widespread demonstrations over the death of George Floyd, and America’s chief geopolitical rivals—including China, Russia and Iran—have condemned the United States for its hypocrisy.Chinese media the U.S. over its handling of the protests, using political cartoons and tweets to accuse Washington of hypocrisy for criticizing China in the past over its crackdown on protesters in Tiananmen Square 31 years ago, and more recently, in Hong Kong.“The timing couldn’t have been...…BETAThis is a BETA experience. You may opt-out by Jun 8, 2020,New!Got it!The Trump administration has cracked down on widespread demonstrations over the death of George Floyd, and America’s chief geopolitical rivals—including China, Russia and Iran—have condemned the United States for its hypocrisy.Chinese media the U.S. over its handling of the protests, using political cartoons and tweets to accuse Washington of hypocrisy for criticizing China in the past over its crackdown on protesters in Tiananmen Square 31 years ago, and more recently, in Hong Kong.“The timing couldn’t have been...WW…

...© 2022 Forbes Media LLC. All Rights ReservedThis site uses cookiesContinue to SiteTo give you a great browsing experience free of charge, this site uses cookies. Cookies help us personalize content and ads, provide social media features,track your preferences, and analyze traffic. Forbes may share this information with its advertising, analytics, and social media partners, who may use itwith information you have provided to them in connection with their services.For more information: To consent and proceed, click "Continue to Site."Jun 11, 2020,New!Got it!The stock market tanked on...…...© 2022 Forbes Media LLC. All Rights ReservedThis site uses cookiesContinue to SiteTo give you a great browsing experience free of charge, this site uses cookies. Cookies help us personalize content and ads, provide social media features,track your preferences, and analyze traffic. Forbes may share this information with its advertising, analytics, and social media partners, who may use itwith information you have provided to them in connection with their services.For more information: To consent and proceed, click "Continue to Site."Jun 11, 2020,New!Got it!The stock market tanked on...WW…

BETAThis is a BETA experience. You may opt-out by Apr 18, 2020,New!Got it!The White House issued a sharp rebuke Saturday to Illinois Governor J.B. Pritzker, who spent over $1.7 million on flights bringing medical supplies from China in secret—out of fear the Trump administration would seize the cargo for the federal stockpile.Reports first emerged earlier this week that Illinois was “” getting PPE and other medical supplies shipped from China in order to avoid interference from the federal government.The Chicago-Sun Times Pritzker’s China flight payments, citing a source familiar with...…BETAThis is a BETA experience. You may opt-out by Apr 18, 2020,New!Got it!The White House issued a sharp rebuke Saturday to Illinois Governor J.B. Pritzker, who spent over $1.7 million on flights bringing medical supplies from China in secret—out of fear the Trump administration would seize the cargo for the federal stockpile.Reports first emerged earlier this week that Illinois was “” getting PPE and other medical supplies shipped from China in order to avoid interference from the federal government.The Chicago-Sun Times Pritzker’s China flight payments, citing a source familiar with...WW…

BETAThis is a BETA experience. You may opt-out by May 2, 2020,New!Got it!Billionaire investor Warren Buffett, speaking at Berkshire Hathaway’s first-ever virtual shareholders meeting on Saturday, said that he is optimistic that the U.S. economy can bounce back and overcome coronavirus. While Buffett admitted that “we haven’t faced anything that quite resembles this problem” before, he said that the United States has “faced tougher problems” and overcome them in the past.“I remain convinced… nothing can basically stop America,” he said. “The American miracle, the American magic has...…BETAThis is a BETA experience. You may opt-out by May 2, 2020,New!Got it!Billionaire investor Warren Buffett, speaking at Berkshire Hathaway’s first-ever virtual shareholders meeting on Saturday, said that he is optimistic that the U.S. economy can bounce back and overcome coronavirus. While Buffett admitted that “we haven’t faced anything that quite resembles this problem” before, he said that the United States has “faced tougher problems” and overcome them in the past.“I remain convinced… nothing can basically stop America,” he said. “The American miracle, the American magic has...WW…