Many people on Wall Street can tell stories of the dot-com bubble. Not many of them launched a $ 150 million tech-focused asset management company about three months before it burst. Ryan Jacob had a sensational track record when he joined the Jacob Internet Fund in December 1999 at the …
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Wholesale Club Holdings Inc. of BJ says that the coronavirus pandemic has added the number of new members participating in the retail trade, especially among the young and digitally savvy. BJ’s BJ, + 3.64% says it now has more than six million paid members. “To put this in perspective, over …
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Home sales grew in July, signaling how much the pandemic is adapting to where and how Americans want to live in this period of social distance and work from home. Buyers of homes that were restless in March and April when a large part of the country was under siege …
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Alibaba Group Holding Ltd. said most of its companies are now back to “healthy growth” as China recovers from the COVID-19 crisis. The Chinese e-commerce giant topped revenue and revenue expectations with its fiscal report in the first quarter beginning Thursday, although its shares were 1.6% off in midday trading. …
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James Walton, Director of Inventory and Warehouse for Helping Harvest, transports a box of food to a car, in Reading, Pennsylvania, May 29, 2020. Ben Hasty | Reading Eagle | Getty Images A jump in jobless claims back above 1 million could be a warning that the labor market is …
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