The drop in investment returns occurred as colleges had more expenses and fewer revenues due to Covid-19.
Spurred by low rates, businesses have splurged on debt, raising insolvency risks.
Lawrence Summers is reiterating his concern that monetary and fiscal stimulus will overheat the economy
Many lawmakers seemed to not understand markets, investing or the technology behind the platforms.
Many are debating the need for such a large stimulus package amid strong retail sales and equity markets.
It may be a symptom of a continued decline in urban real estate caused by Covid-19.
The Tesla founder has also tweeted positively about Dogecoin and the Reddit GameStop short squeeze.
Gold prices have hit a seven-year low.
As new coronavirus variants rage, speed in vaccine distribution has trumped equity.
In decentralized finance, people borrow and lend money from each other directly without intermediaries such as banks.
Yet credit card debt fell the most on record through 2020.
CEOs expect improvement in the labor market over the next year. The outlook for employee wages also improved.
Treasury yields have climbed on speculation that President Joe Biden will authorize more fiscal relief.
Up to 17 million Americans, mostly low-wage hospitality and retail workers, will need new jobs.
Keith Gill is reiterating his belief in GameStop as a business and stock.
Activity in Bitcoin futures suggests traders don’t see a sudden end to the crypto rally.
The SEC did not intervene when hordes of retail investors drove up shares of GameStop Corp. and other firms
Individual investors’ share of trading has jumped to roughly a quarter of volume.
Microgrids may leap frog traditional utilities much in the way that mobile phones made landlines obsolete.
Powell in the past has flagged the dangers that elevated asset prices and other vulnerabilities pose to the economy.