By TheStreet What Was the COVID-19 Recession?According to the National Bureau of Economic Research (NBER), the official arbiter ofrecession, a sharp economic downturn coincided with the onset of the COVID-19 pandemic. It officially categorized the COVI…
The CEO of Airbnb is Renting Out a Room in His House
By Veronika Bondarenko “I live here so I’ll be here,” Bryan Chesky says in an Airbnb promotional video. It may be a marketing move but for those interested in how the other half lives, one can currently book a room in the San Francisco home of Airbnb (…
‘Big Short’ Michael Burry Suggests He Bet on a Company’s Downfall
By Luc Olinga The legendary investor suggests he made a big bet but it’s unclear which company is involved. Michael Burry is a savvy investor. He is one of the legends of Wall Street, which makes him one of those financiers whose every word is followed…
Estée Lauder Company Gets Into the Men’s Fashion Market
By Danni Button The beauty company’s latest acquisition could be its broadest-reaching purchase yet. The Estée Lauder brand has held a prestigious place in the beauty industry since the 1940s. Lauder and her husband first started making cosmetics in Ne…
Buy the Earnings Dip in Target Stock? Key Levels to Know Now
By Bret Kenwell Target stock is getting crushed after reporting earnings. Here’s are the must-know support levels to watch now. Shares of Target (TGT) – Get Free Report are getting walloped on Nov. 16, down about 13% after the retailer reported earning…
Anthony Scaramucci, Former Trump Ally, Lost Money in FTX Collapse
By Luc Olinga The firm of Donald Trump’s one-time communications director was bailed out by Sam Bankman-Fried. The abrupt implosion of the cryptocurrency exchange FTX, valued at $32 billion in February, resonated like an earthquake in the crypto indust…
“Big Short” Michael Burry Makes New Bets
By Luc Olinga The legendary investor has just invested in five new companies after liquidating most of his stock portfolio in the second quarter. Michael Burry has accustomed business circles and the general public to unusual decisions. The legendary i…
World’s Fourth Richest Man Says Giving Money Away is Hard
By Rob Lenihan A big charitable announcement isn’t received very well, even with a tie-in to Dolly Parton. Civility? Never heard of it. Amazon (AMZN) – Get Free Report founder Jeff Bezos had barely finished telling CNN that he would give away most of h…
The Cities With the Highest Inflation May Shock You
By Dan Weil Roaring inflation has stifled the economy this year, with consumer prices soaring 7.7% nationally in October. Raging inflation has been problem No. 1 for the economy this year, with consumer prices soaring 7.7% in the 12 months through Octo…
Apple’s M1 MacBook Air Just Hit The Lowest Price Ever
By Jacob Krol Now is the time to get a MacBook Air. Yes, we’re still counting down the days to Black Friday, but if you’re shopping for a MacBook Air you don’t need to wait. The Apple (AAPL) – Get Free Report M1 MacBook Air just hit the lowest price we…