2 short sellers admit defeat, bail out at huge loss as GameStop share surge hits 1000% Short sellers Andrew Left and Melvin Capital take huge losses to cover their bad bets “Prominent short seller Andrew Left, has admitted he has taken a 100 per cent loss on his bet against GameStop” In the David…
European firms improve diversity scores in pandemic year, study finds The number of major European companies with high participation of women in leadership positions has doubled over the past year, but there was less progress on top jobs, a study by a EU-sponsored non-profit organization showed on Thursday. Brussels-based association European Women on Boards,…
Biden Inaugurated as the 46th President WASHINGTON — Joseph Robinette Biden Jr. was sworn in on Wednesday as the 46th president of the United States, assuming leadership of a country ravaged by disease, dislocation and division with a call to “end this uncivil war” after four tumultuous years that tore at the fabric of…
European stocks weak despite tailwind from Chinese output data Economic and human cost of new Covid-19 variants weigh on investor sentiment China’s economy, the world’s second-biggest, grew 6.5% in the fourth quarter. European equity markets struggled for direction on Monday as strong economic data from China vied with concerns over a double-dip recession in…
Investing Basics: How To Buy ETFs Exchange traded funds, commonly known as ETFs, are a low-cost way to buy exposure to hundreds or thousands of stocks and bonds, making them a favorite of financial advisors and investors alike. Here’s how to start buying ETFs. Open a Brokerage Account Because you can’t just go to…
Bitcoin tops $40,000 for first time, pushing cryptocurrency market value past $1 trillion Bitcoin smashed through $40,000 to hit a new record high on Thursday helping to lift the total value of the entire cryptocurrency market above $1 trillion for the first time. The digital coin hit an all-time high of $40,367 at around 1:17…
How to reach your careers goals in 2021 People who go to the gym several days each week typically dread the start of a new year. The wait times for exercise machines increase dramatically and the locker rooms are suddenly packed with people. Fortunately, for the regular gym-goers, the crowds tend to disappear by…
Sold short: confessions of a young banker I had to watch each episode of “Industry”, a tv drama about young bankers, in 15-minute doses. This is no fault of the show, which is joyously binge-worthy and thoroughly deserves the second series it has just been granted. It’s because it reminded me so powerfully of my previous…
Citi to Offer Workers a 12-Week Sabbatical, Extra Vacation Days Citigroup Inc. will soon offer workers the ability to take a 12-week sabbatical as part of a bevy of new employee perks in the wake of the coronavirus pandemic. Staffers also will be able to buy as many as five extra vacation days annually starting…
Would you want to work for a company with this job description? “We are looking for strong, determined candidates with 1-3 years of experience. Your boss won’t bother to invest in your career development, you won’t be able to speak your mind, and your contributions will be of little value to…
