Markets hit record highs after retail sales boom, drop in first-time jobless claims
"At long last, the economic recovery appears to be picking up speed," said one economist.
Business
Jeff Bezos says Amazon needs to do a better job for employees in final shareholder letter
Bezos pointed to the recent union election outcome at one of Amazon’s Alabama warehouses as an example of why the company needs to address challenges within its workforce.
Cryptocurrency platform Coinbase valued at close to $86 billion in its Nasdaq debut
Shares quickly shot up as high as $429, valuing the company at $112 billion, before dropping back below the debut price and reaching a low of around $310.
Most stimulus checks aren't going to travel and luxury goods, but groceries and rent
“For all the talk of revenge spending and pent-up demand for travel... just 13 percent of stimulus check recipients plan to spend the money on discretionary activities or nonessential items," said one analyst.
Money Makeovers
After 1,500 job applications, college grad decides on change in direction
Kyle graduated college with hopes of working in student life on campus, but when the pandemic hit, his job search became desperate. After unsuccessfully applying for 1,500 jobs online, he’s ready for a big change. Sponsored by Principal Financial Group.
How one mom of four is working to gain her financial independence
Madeline is a mother of four, including a newborn. In her second marriage, she’s determined to become more financially independent and get her debts and savings in order as she heads back to work after maternity leave. Sponsored by Principal Financial Group.
Madoff exploited weak oversight — did regulators learn their lesson?
"We didn't need any new rules in order to prevent Bernie Madoff from happening. We needed to enforce the old rules," said one ethics lawyer.
Asian American-owned businesses suffer outsized toll amid pandemic
Nearly 90 percent of small Asian American firms lost revenue last year, a rate higher than for other racial and ethnic groups, according to a new study.
