Is meme-stock mania ending?

MacKenzie Scott’s newfound secrecy dulls the influence of her unorthodox style of giving

The billionaire isn’t disclosing who got her latest round of gifts. Read More

Frontier and Spirit Airlines to take on the pandemic-induced travel hiatus with $6. 6B deal

The acquisition will form a combined budget airline that is the fifth largest carrier in the market. Read More

Goldman Sachs downgrades GDP estimates for Q4 and beyond thanks to COVID case surge

Goldman Sachs is serving up some harsh projections just days before Thanksgiving. The bank cited “the rapid and broad-based resurgence of the coronavirus” as the main reason it was downgrading Q4 and Q1 GDP forecasts. Goldman now expects +3.5% and +1.0% annualized growth in Q4 and Q1 (+4.5% and +3.5% previously). Indeed, the worry is […]