IPO market nears peak as valuations hit 20-year high
Low interest rates and hefty returns have driven record demand for IPOs, but with valuations for newly public companies now at levels last seen during…
AP Wire
IPO market nears peak as valuations hit 20-year high
Low interest rates and hefty returns have driven record demand for IPOs, but with valuations for newly public companies now at levels last seen during…
AP Interview: Robinhood’s CEO eyes expansion beyond trading
NEW YORK (AP) — Robinhood has already changed how people trade stocks and who’s doing it. Now its sights are on the rest of the…
American plans to invest in a budget airline based in Chile
DALLAS — American Airlines plans to invest in a Chilean budget airline and sell seats on each other’s flights to help American extend its reach…
US jobless claims down 24,000 to 400,000 as economy recovers
WASHINGTON (AP) — The number of Americans collecting unemployment benefits slid last week, another sign that the job market continues to recover rapidly from the…
US economy accelerated at a solid 6.5% rate last quarter
WASHINGTON — Fueled by vaccinations and government aid, the U.S. economy grew at a solid 6.5% annual rate last quarter in another sign that the…
Revisions show slightly smaller GDP drop last year
WASHINGTON — The U.S. economy contracted by a slightly smaller amount last year than previously reported and grew slightly more in 2019 and slightly less…
US jobless claims down 24,000 to 400,000 as economy recovers
WASHINGTON — The number of Americans collecting unemployment benefits slid last week, another sign that the job market continues to recover rapidly from the coronavirus…
Robinhood makes its debut on Wall Street
NEW YORK — Robinhood will begin offering its stock on Wall Street today, the very place the online brokerage has rattled with its stated goal…
Volkswagen earnings beat pre-pandemic levels on luxury makes
FRANKFURT, Germany — Germany’s auto industry showed more strong results today as Volkswagen’s earnings and profit margins beat pre-pandemic levels and the company raised its…