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Market News

March 10, 2021
U.S. Infrastructure Bill Could Pass Committee in May, Chair Says
The centerpiece of President Joe Biden’s next big priority after pandemic relief, a massive transportation infrastructure package, could move...
March 10, 2021
American Dream Lenders Likely to Seize Share of Other Mega Malls
The owners of New Jersey’s American Dream project are likely to lose almost half their stakes in two other mega malls used as collateral to finance...
March 10, 2021
What’s in the $1.9 Trillion Stimulus Bill Biden Is About to Sign
The House passed President Joe Biden’s $1.9 trillion stimulus bill, the last step before it goes to his desk to be signed into law.
March 10, 2021
House Sends Stimulus Bill to Biden, Checks to U.S. Pocketbooks
President Joe Biden’s $1.9 trillion Covid-19 relief bill cleared its final congressional hurdle Wednesday, with the House passing the bill on an...
March 10, 2021
U.S. Budget Deficit Tops $1 Trillion This Year, Before Stimulus
The U.S. budget deficit surpassed $1 trillion for the first five months of the fiscal year, reflecting government efforts to cushion the economy from...
March 10, 2021
Hedge Funds’ Short-Covering Seen as Big Driver of Nasdaq Rally
The recent rally in the Nasdaq 100 has been referred to as an oversold bounce aided by a drop in bond yields. Beneath the surface, however, the surge...
March 10, 2021
Biden Will Sign $1.9 Trillion Pandemic Relief Bill on Friday
President Joe Biden plans to sign his $1.9 trillion pandemic relief bill on Friday, White House Press Secretary Jen Psaki said.
March 10, 2021
Roblox Reaches $44 Billion Valuation in Direct Listing Debut
Digital games company Roblox Corp., transformed into a cultural icon during the coronavirus pandemic, made its public debut Wednesday with its shares...
March 10, 2021
Conagra Said to Seek Sale of Hebrew National for $800 Million
Conagra Brands Inc. is in talks to sell its Hebrew National hot dog business to JBS SA or potentially another bidder, according to people familiar...
March 10, 2021
Kering Founder Becomes Latest Luxury Tycoon to Plow Into SPACs
Francois Pinault, the billionaire founder of luxury conglomerate Kering SA, has emerged as the latest French tycoon to plow into the booming SPAC...