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Business News

Location American Business News for 3 January 2021
Kosovare Asllani Believes She Is 'On A Mission' At Real Madrid "When I was a kid the football player I looked up to was the Brazilian, Ronaldo obviously" says Kosovare Asllani. "He used to play for Real Madrid and that's how I started to follow the team for the first time".
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Catsimatidis' Coney Island project could find sunnier home Objections to the planned expansion of a Coney Island residential real estate project could see New York City losing out to the Sunshine State yet again. Real estate developer, supermarket mogul, and former mayoral candi...
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A federal appeals court shot down a GOP lawmaker's lawsuit against Mike Pence seeking to overturn the 2020 election Rep. Louie Gohmert's last-ditch legal effort asked the judges to empower Pence to overturn the election results and declare Trump the winner.
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Don't Just Recover From The Pandemic--Emerge Stronger With These 4 Technologies When it comes to post-pandemic recovery, companies' willingness to adopt emerging technologies will separate the wheat from the chaff.
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While Bitcoin Tapped New Price Highs, 78,000 Short Positions Worth Over $800 Million Got Liquidated While bitcoin has crossed a new all-time price high in 2021, traders are leery toward shorting the crypto asset. Data from Bitfinex shows the number of short contracts has been extremely low in comparison to the total nu...
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White House coronavirus task force members Dr. Anthony Fauci and Surgeon General Jerome Adams on Sunday refuted President Trump’s baseless...
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Stocks This Week: Buy PTC And Sell Short Herman Miller The S&P rally likely has one more week on the upside.
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Trump Says He'll Attend #StopTheSteal Protests--The Proud Boys Say They'll Be There Too Congress is expected to certify the Electoral College's affirmation of Biden's win on Wednesday.
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China Was A Much More Dangerous U.S. Foe When It Was Desperately Poor The economic similarities between the U.S. and China are greater than many conservatives think.
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A historic nine-month advance is raising expectations that coronavirus vaccines and stimulus programs will keep markets surging in 2021.
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Economists Expect Tough Sledding in Winter, Then a Rebound

Wall Street Journal - 3 Jan 2021 12:30
Economists Expect Tough Sledding in Winter, Then a Rebound Businesses face a difficult first quarter as coronavirus cases surge, but the stimulus package and vaccines offer hope for a snapback later in 2021.
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Using 2020 Hindsight: The Emerging The current market mantra is that, with the vaccines now in distribution, and despite issues there, by spring/summer consumers will feel confident enough to return to some pre-pandemic spending habits, and second half 20...
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GOP Senators Toomey, Murkowski Vow To Certify Biden's Electoral College Win A majority of senators and House members are already expected to vote down any objections.
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Bitcoin Worth $34,000, But Here's Why Warren Buffett Will Never Own It Should you buy Bitcoin?
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Fauci Optimistic That U.S. Vaccination Delays Can Be Remedied "We are not where we want to be...but I think we can get there," the country's top infectious disease official said.
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Risk-Takers Bet Asset-Backed Bonds Will Catch Up

Wall Street Journal - 3 Jan 2021 18:00
Bargains on Wall Street are hard to find after the fierce 2020 rally in stock and bond prices. Some investors are sifting through complex securities that were among the hardest hit by panic selling this past spring.
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Double Stock-Market Bubble Brings Toil and (Perhaps) Trouble

Wall Street Journal - 3 Jan 2021 17:00
Various investments previously viewed as overpriced showed big gains in 2020. Are we in a new era of wild speculation driven by cheap money that must inevitably come to an end?
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Trump Leaves Trade War for Biden to Win

Wall Street Journal - 3 Jan 2021 16:03
The president appears to have left the incoming administration a strong hand to play in trade negotiations with China, but reaching a successful resolution will be challenging.
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Debt collectors should be forced to stop hounding Americans during the pandemic Countless times a day, these debt collectors will reach someone who is unemployed, financially struggling, or mourning a loved one who died of COVID.
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How the American Mortgage Machine Works

Wall Street Journal - 3 Jan 2021 14:00
Investors who don't understand how the U.S. housing-finance industry fits together might one day find themselves scrambling for shelter.
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Forbes Manufacturing Awards 2020: Varda Space Is Taking Factories Off Planet Manufacturing changes slowly, but the Covid-19 pandemic accelerated adoption of technologies like A.I.-enabled software and robotics that could keep factories humming--and workers safe. Here are our selections for 2020's...
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Wall Street Eyes Billions in the Colorado's Water

The New York Times - 3 Jan 2021 10:00
Wall Street Eyes Billions in the Colorado's Water Investor interest in the river could redefine century-old rules for who controls one of the most valuable economic resources in the United States.
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