White House touts plan to provide $1K investment accounts for newborns
White House to host event with CEOs to promote "Trump Accounts" policy giving newborn U.S. citizens $1,000 investment funds for education, housing and business expenses.
WeWork gets new $1.1B commitment from SoftBank
The owner of money-losing shared office provider WeWork told employees on Thursday it has slashed its cash burn rate almost in half from the end of last year and obtained a $1.1 billion commitment in new financing from majority owner SoftBank.
Popular stocks on Robinhood beat the market: JPMorgan
Investors on Robinhood gravitate toward stocks that are grabbing headlines, seeing outsized one-day returns and a spike in trading volume, the JPMorgan study found.
Robinhood trading app hiring ‘hundreds’ in job ramp-up
A surge in day trading has Robinhood rolling out the red carpet for job seekers.
Two US agencies examining investments sold by crowdfunding site YieldStreet
The SEC and FBI are investigating YieldStreet's practices and collecting information.
California debt fund manager charged by prosecutors with fraud
Brendan Ross, 47, who once oversaw more than $1 billion of assets at Direct Lending Investments LLC, was arrested on Tuesday and charged with 10 counts of wire fraud,
Hyatt updates mask policy; Brooks Brothers could be rescued from bankruptcy
Fox Business Briefs: Hyatt locations in the U.S. will now require hotel guests to wear masks or face coverings at all indoors public places including bars, restaurants, and gyms.
Big US companies form group to boost hiring of minorities in New York
The New York Jobs CEO Council, which counts chief executives from 27 firms among its members, aims to hire 100,000 people from low-income Black, Latino and Asian communities by 2030.
Barry Diller's IAC buys 12% stake in MGM Resorts for $1B
The investment comes at a time when the gambling industry has been ravaged by government restrictions on movement due to the COVID-19 pandemic, as well as fears about public gatherings.
World shares march higher as S&P 500 nears all-time record
Markets rose in Paris, London, Tokyo and Hong Kong even as the tally of confirmed new coronavirus cases grew.
Robinhood to stop sharing app's popular stocks
Robinhood will stop providing access to data that shows how many users are buying and selling a stock.
Wall Street investors consult tarot card reader for investment advice
Predicting stock market movement can be pretty unclear, especially during the coronavirus pandemic, so investors on Wall Street are channeling the future with help from the professionals.
Trump's executive orders give Congress new deadline: Goldman Sachs
President Trump's executive orders could provide a $350 billion boost to the U.S. economy and set up some key deadlines in September, according to Goldman Sachs.
Twitter makes a move for TikTok; what thinning crowds mean for Disney World
Fox Business Briefs: Wall Street Journal reports Twitter is interested in TikTok and the two companies have held preliminary talks about a possible combination.
Blackstone discussed joining Microsoft in potential bid for TikTok
The move by Blackstone comes as ByteDance is facing pressure from the White House to sell TikTok to a U.S. company or face the likelihood that the app will be banned in the U.S. over concerns that the Chinese government uses customer data for surveillance purposes.
Robinhood app luring and robbing amateurs — like in the dot-com era
In the 1990s, newbie investors took the brunt of the dot-com crash, with some losing their lifesavings, well after professional traders had sold their positions. Now history may be repeating itself in the form of Robinhood, a stock-trading app that has become something of a cultural phenomenon during the pandemic.
Facebook extends work from home for employees; TikTok blasts Trump's executive order
Fox Business Briefs: Facebook will allow employees to work from home through July of 2021.
Hilton sees drop in demand; Adidas sees online sale surge
Fox Business Briefs: Hilton sees a business drop nearly 80 percent in second quarter; Adidas says their online sales are up 95 percent.
Disney sees streaming boom; Clorox wipes still MIA
Fox Business Briefs: Disney's three major streaming services Disney Plus, Hulu, and ESPN Plus surpass 100 million paid subscribers.
Angel investor wants to hire teacher for backyard 'microschool'
The investor's decision to host a private school at his home comes as several large school districts in California, including San Francisco, announced that their schools will not immediately return to classrooms and instead will begin the new term online.
Clock ticking on TikTok deal; chicken sandwich wars are heating up
Fox Business Briefs: President Trump is backing Microsoft's move to buy TikTok but warns it faces a U.S. ban if a deal isn't reached by September 15.



















