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Market News

Location American Market News for 17 October 2020
Shaq, Playboy and Nikola are all on the blank-check bandwagon, part of a boom in SPACs that is unsettling, writes columnist James Mackintosh.
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Citadel Securities Sues SEC for Approving New Stock-Order Type

Wall Street Journal - 17 Oct 2020 02:04
Electronic trading giant Citadel Securities sued the Securities and Exchange Commission over the agency's decision to approve a new mechanism for trading stocks at upstart exchange operator IEX Group.
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For Some College Students, Living on Campus Helps Their GPA

Wall Street Journal - 17 Oct 2020 18:00
The biggest academic benefits accrue to those who didn't do all that well in high school.
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How Covid-19 Has Changed the Way People Should Save for College

Wall Street Journal - 17 Oct 2020 16:00
The pandemic and economic uncertainty is upending some of the old rules about building a college fund.
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Amazon Primes the Third-Party Pump

Wall Street Journal - 17 Oct 2020 15:30
With so much going its way already, one might wonder why Amazon.com keeps bothering with Prime Day. The answer is that it seems to have become a profitable endeavor.
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By some estimates, about 40% of U.S. day cares are closed after enrollment fell off in the spring and never fully bounced back.
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Tech's Influence Over Markets Eclipses Dot-Com Bubble Peak

Wall Street Journal - 17 Oct 2020 02:26
Technology companies are set to end the year with their greatest share of the stock market ever, topping a dot-com era peak in the latest illustration of their growing influence on global consumers.
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This Deceptive Trap Could Cost You 9% Dividends These days, you can be forgiven for thinking a wave of bankruptcies is going to hit your portfolio (and your dividends!).
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Moody's Cuts U.K.'s Credit Rating

Wall Street Journal - 17 Oct 2020 00:18
The economic outlook has worsened since the credit-rating firm downgraded the country's sovereign debt in September 2017.
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