Wednesday, March 24, 2021

Elizabeth Warren grills Janet Yellen: Why isn't BlackRock 'too big to fail?'

Senator Elizabeth Warren wants to know why the Biden administration isn't more concerned that BlackRock manages $9 trillion in assets -- more than the annual GDP of any country not named the United States or China.
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Elizabeth Warren grills Janet Yellen: Why isn't BlackRock 'too big to fail?'
Senator Elizabeth Warren wants to know why the Biden administration isn't more concerned that BlackRock manages $9 trillion in assets -- more than the annual GDP of any country not named the United States or China. Read more »
 
The Cinnamon Toast Crunch shrimp-gate didn't have to go viral
Disgusting. That's what everyone thought when they first heard about the saga of the cinnamon-and-sugar encrusted shrimp tail found in a box of Cinnamon Toast Crunch. Read more »
 
Tech CEO explains why he hired Prince Harry
Prince Harry has found a new gig: The Duke of Sussex joined a startup called BetterUp as chief impact officer, which provides mental health services and coaching to clients online. The job announcement came weeks after he and wife Meghan Markle's bombshell interview with Oprah Winfrey, in which they spoke on the mental health struggles that came with royal life. Read more »
 
Market mania has fed a SPAC boom. Here's who is at risk
Exactly one year ago, with the world in the grip of a deadly pandemic, Wall Street put its Covid-19 fears aside. That jumpstarted a wave of market euphoria that has since fed a boom in unusual activity, from the irrational hype around GameStop shares to a huge bitcoin rally. Read more »
 
Fed up with FAANG and meme stocks? Here's a new investing strategy
Stop us if you've heard this before. Giant tech stocks are finally due for a prolonged cooling-off period and investors need to start adding more value stocks, such as banks, oil firms and retailers, to their portfolios as the economy recovers. Read more »
 
A field of mirrors will soon help power this giant California mine
Heliogen, the Bill Gates-backed clean energy startup, is bringing its field of mirrors to the Mojave Desert. Read more »
 
 
 
 
Dow Nasdaq S&P
-3.09   -265.81   -21.38
32,420.06   12,961.89   3,889.14
-0.01%   -2.01%   -0.55%
YTD +5.93%   YTD +0.57%   YTD +3.54%
 
Biggest Winners
Laboratory Corporation of America Holdings +4.87%
 
EOG Resources Inc +4.15%
 
Phillips 66 +3.86%
 
Kinder Morgan Inc +3.25%
Biggest Losers
Norwegian Cruise Line Holdings Ltd -4.85%
 
General Mills Inc -4.20%
 
Catalent Inc -4.12%
 
Best Buy Co Inc -3.78%
Hottest ETF
Hottest ETF
NYSE Market Volume
NYSE Market Volume
Key Market Stats Latest Today's Change
Oil $60.84 -0.34 / -0.56%
Gold $1,732.60 -0.60 / -0.03%
10-yr 1.61% -0.02
Euro $1.18 -0.00 / -0.24%
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