Treasury Secretary Steven Munuchi on Monday told CNBC. Lawmakers should not let the fear of a nation’s loss or the size of the Federal Reserve’s balance sheet delay additional Covid-19 relief, he said. Munuchin, who has led the administration’s Covid-19 relief talks with White House Chief of Staff Mark Meadows, …
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People in New York City walk through the New York Stock Exchange (NYSE) on May 18, 2020. Spencer Plot | Getty Images U.S. The market saw its first back-to-back weekly decline in the month following the sell-off in tech shares after stock futures rebounded on Sunday night. The Dow Jones …
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Bill Pugliano / Getty The 5 70,570 million bet on Berkshire Hathaway’s Snowflake shows that CEO Werner Buffett has full confidence in his two portfolio managers, Todd Kombs and Ted Wessler, a fund manager says. “Buffett has given his lieutenants full agency,” Jack Taylor, CEO of Farnam Street Investments and …
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Reuters Bloomberg reported on Thursday that social capital Hidosophia Holdings Corp. II, the “blank check” is being discussed in public by Openandur through a partnership with the company or SPAC, Bloomberg reported on Thursday. Opendur is a property technology company that buys homes directly from sellers, makes some improvements to …
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Trevor Milton, CEO and founder of Nicola. Ritter / Massimo Pinka Nikola’s stock fell as much as 18% after Citron Research followed Hindonburg Research on Friday, accusing Nik Tomaker of fraudulent activity. Extensive damage to the slide began after Hindonburg published a report on Thursday, which began after the report …
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