Editor’s Picks

Fed: Delta Variant Might Jeopardize Economy As Americans Avoid Job Hunting
Fed: Delta Variant Might Jeopardize Economy As Americans Avoid Job Hunting
August 01, 2021  |  Economy

Neel Kashkari, president of the Federal Reserve Bank of Minneapolis, said the rise of the more contagious Delta variant of COVID-19 might hinder the U.S.’s...

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Spending Rebound May Be On Shaky Ground
Spending Rebound May Be On Shaky Ground
July 30, 2021  |  Economy

A spending rebound, yes — but the question is whether it will be sustainable, or whether the Delta variant will stop consumer sentiment, and the...

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Gopuff Plans Expansion After Landing $1B Investment
Gopuff Plans Expansion After Landing $1B Investment
July 30, 2021  |  Delivery

Gopuff is valued at about $15 billion after the Philadelphia-based delivery company raised $1 billion in its most recent funding round, with Guggenheim Investments, Hedosophia...

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Robinhood’s Slide May Signal IPO Fatigue Amid Week Of Muted Listings 
Robinhood’s Slide May Signal IPO Fatigue Amid Week Of Muted Listings 
July 30, 2021  |  IPO

The appetite for new listings got a bit of a test this week, with a less-than-soaring debut for a high-profile platform company, and relatively smaller...

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Pinterest Users Bail As CEO Pins Hopes On Its Shopping Future
Pinterest Users Bail As CEO Pins Hopes On Its Shopping Future
July 30, 2021  |  Earnings

What goes up must come down and Pinterest is facing a declining user base as consumers are reengaging with the real world, driving its Monthly...

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Amazon Sees Decelerating Sales As Post-Lockdown Life Resumes
Amazon Sees Decelerating Sales As Post-Lockdown Life Resumes
July 29, 2021  |  Earnings

This probably isn’t how Andy Jassy wanted his first earnings report as Amazon CEO to go. Get the Full Story Complete the form to unlock...

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China’s Security Regulators Permit US IPOs — With Caveats
China’s Security Regulators Permit US IPOs — With Caveats
July 29, 2021  |  IPO

Following an online conference with investment bankers, China’s securities regulator decided that initial public offerings (IPOs) in the U.S. can carry on, providing that Chinese...

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Mastercard X-Border Volumes Surge 58 Pct On ‘Pent Up’ Demand
Mastercard X-Border Volumes Surge 58 Pct On ‘Pent Up’ Demand
July 29, 2021  |  Earnings

Second-quarter earnings results for Mastercard, like Visa before it and the big banks too, show a rebound in consumer spending and a snapback in cross-border...

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Hollywood Joins Corporate America, Government Leaders On COVID-19 Vax Watch
Hollywood Joins Corporate America, Government Leaders On COVID-19 Vax Watch
July 29, 2021  |  Coronavirus

Not even Hollywood magic is enough to keep the COVID-19 pandemic from shutting down TV and movie sets. Questions about vaccinations and positive tests are...

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