Tag: Markets
The SPAC Ship Is Sinking. Investors Want Their Money Back.
Wall Street’s favorite pandemic bet is taking on water.SPACs, or special-purpose acquisition…
Chinese Developer Country Garden Raises $501 Million
China’s largest developer by contracted sales took advantage of a pickup in…
Singapore Kicks Off New Era of SPACs in Asia
On Thursday, Vertex Technology Acquisition Corp. started trading after raising 200 million…
Wall Street Titans Support One of Their Own, David McCormick, for Senate
David McCormick, the former chief executive of hedge fund giant Bridgewater Associates…
China Evergrande’s International Bondholders Threaten Legal Action
A group of China Evergrande Group’s EGRNF 8.11% international bondholders threatened to…
Netflix Isn’t Looking Up
Netflix NFLX -1.48% has proved quite adept at pleasing the masses. Finding…
Bonuses Are Up on Wall Street, but Not the Mood
Higher bonuses handed out this week across Wall Street came with a…
Jamie Dimon Gets $3 Million Raise to $34.5 Million for 2021
Jamie Dimon, chief executive of JPMorgan Chase since 2005, has long batted…
Stocks Fall After Giving Up Early Gains
U.S. stocks fell on Thursday, as a late-afternoon selloff erased what had…
Peloton’s Crash Will Keep Burning
The wheels have come off the Peloton PTON -23.93% story and now…
Inflation and Insurance Are in a Complicated Relationship
It isn’t just the existence of inflation that matters for insurance stocks;…
Bitcoin Sags in 2022 Under Weight of Stock Selloff and Fed Policy
The Federal Reserve is casting a shadow over cryptocurrencies.Like stocks, cryptocurrencies have…