Airbnb CEO Brian Chesky. John van Hasselt | Corbis | Getty Images Airbnb announced Wednesday that it has submitted a draft listing to the Securities and Exchange Commission for an initial public offering. The company did not disclose its financial information nor did it indicate how many shares would be …
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The Federal Open Market Commission raised concerns at its recent meeting on the future of the economy, saying the coronavirus is likely to continue to stunt growth and pose potential dangers to the financial system. At the July 28-29 session, the Federal Reserve’s policy-making arm voted to keep short-term interest …
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Apple CEO Tim Cook opens the door of the newly renovated Apple Store on Fifth Avenue on September 20, 2019 in New York City. Kena Betancur | AFP | Getty Images Apple hit a $ 2 trillion market cap on Wednesday, doubling in value in just over two years. It …
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US stock futures were flat in the night trading on Tuesday, after the S&P 500 hit its highest level ever, erasing all losses from coronavirus sales. Dow futures rose 18 points. The S&P 500 and Nasdaq 100 futures won 0.04% and 0.05% respectively. On Tuesday, the S&P 500 returned to …
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Ralph Orlowski | Bloomberg | Getty Images The S&P 500 closed a new record on Tuesday, a performance that officially puts an end to Wall Street’s shortest bear market and confirms the comeback rally as a new bull market. The broad market index completed the session at 3,389.78, above its …
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