Latest investing news and finance headlines straight from Wall Street.
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Criminals target Covid relief program that pays $9,000 in victims' funeral costs
The Covid-19 Funeral Assistance program, which opened to applicants Monday, has been targeted by scammers posing as government agents.
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The Fed is 'overwhelmingly' white and male and needs to change, study says
The Fed has a "staggering" lack of diversity among its directors, according to a report Tuesday from a leading Washington think-tank.
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High valuations and Covid risks put market in fragile position ahead of Q1 earnings, PNC warns
PNC Financial’s Amanda Agati is worried about high market valuations and risks associated with Covid-19.
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Stocks making the biggest moves in the premarket: Altimeter Growth, Johnson & Johnson, FedEx & more
These are some of the stocks posting the largest moves before the opening bell.
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Bitcoin hits new all-time high above $63,000 ahead of Coinbase debut
The price of bitcoin climbed above $63,729, according to data from Coin Metrics.
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Alibaba shares close higher after Beijing orders Ant Group to revamp business
The Ant Group restructuring and a $2.8 billion anti-monopoly fine for Alibaba removed a major source of uncertainty for investors in the e-commerce giant.
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NYSE launches 'First Trade' NFTs of Spotify, Snowflake and more
NFTs, or non-fungible tokens, are a type of digital asset designed to track ownership of a unique virtual item using blockchain technology.
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Some states require amended tax returns for $10,200 unemployment tax break refunds
Many states are asking taxpayers to file amended tax returns in connection with the tax break on up to $10,200 of unemployment benefits.
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Stocks making the biggest moves midday: Tesla, Nuance Communications, Uber and more
These are the stocks posting the largest moves in midday trading.
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Why robo-advisors are striving toward a 'hybrid model,' as the industry passes the $460 billion mark
Robo-advisors have had a meteoric rise in popularity since their debut in 2008, and the industry is evolving and growing based on its consumers' needs.
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Cybersecurity start-up Darktrace plans to go public in London despite Deliveroo's IPO flop
Darktrace on Monday announced plans for an initial public offering on the London Stock Exchange.
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Powell says it's 'highly unlikely' the Fed will raise rates this year, despite stronger economy
"I think it's highly unlikely that we would raise rates anything like this year," Powell told CBS' "60 Minutes."
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S&P 500 closes flat near record high in another muted session ahead of key inflation data
Wall Street has been relatively quiet with the S&P 500 moving within 1% for five sessions in a row.
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Earnings season should boost hot financial stocks, RBC's top bank analyst predicts
RBC Capital Markets’ Gerard Cassidy gives his bullish case for bank stocks ahead of earnings season.
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Biden seeks extra $400 a year in Pell grants for college and to expand aid to Dreamers
President Joe Biden's budget proposal for discretionary federal spending includes an extra $3 billion for Pell grants for the 2022 fiscal year.
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Stocks making the biggest moves midday: Levi Strauss, FuboTV, Honeywell and more
These are the stocks posting the largest moves in midday trading.
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SEC is scrutinizing SPAC projections, seeks clearer disclosures
An SEC official said Thursday the agency is scrutinizing SPAC disclosures and could issue a future rule to clarify legal duty.
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How JPMorgan increased the number of Black interns in its Wall Street program by nearly two-thirds
The move at JPMorgan could ultimately begin to change the composition of Wall Street, which for decades has been mostly a bastion for white males.
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Stocks making the biggest moves in the premarket: Levi Strauss, WD-40, fuboTV & more
The stocks making the biggest moves in premarket trading include Levi Strauss, WD-40, fuboTV, and more.
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Biden's China policy is tougher on financial firms than Trump's was, report says
Delisting of Chinese stocks from U.S. exchanges will likely happen under the Biden administration, said Cowen Washington Research Group analyst Jaret Seiberg.