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Market News
September 24, 2021
Puerto Rico Governor Prepared to Fight Against Pension Cuts
Puerto Rico Governor Pedro Pierluisi is prepared to argue before the court overseeing the island’s record bankruptcy case that public employee...
September 24, 2021
The Funds Holding Evergrande’s Distressed Debt, From UBS to Saba
China Evergrande Group has the world’s biggest pile of troubled debt, with roughly $19 billion of obligations that are actively quoted at...
September 24, 2021
Amazon’s Whole Foods Will Charge for Delivery Beginning Oct. 25
Amazon.com Inc.’s Whole Foods Market is implementing a grocery delivery fee across the U.S., rolling back a perk the retailer had offered for...
September 24, 2021
Walgreens Starts Offering Boosters to Pfizer Vaccine Recipients
Walgreens Boots Alliance, Inc. has started to give booster shots for Covid-19 at drug stores across the U.S., the day after the Centers for Disease...
September 24, 2021
A Faang Taper Quake Is What Active Manager Dreams Are Made Of
While their stock-market obituaries have been retracted before, U.S. tech megacaps have the most to lose should the Federal Reserve make good on its...
September 24, 2021
Biden’s White House May Give Trump Records to Jan. 6 Committee
The House committee is focused on former President Donald Trump’s incitement of the riot at the Capitol while Congress met to affirm his...
September 24, 2021
Michael Burry Says He Received Subpoena from SEC Over GameStop
Michael Burry, whose bullish stance on GameStop Corp. in 2019 helped lay the foundations for the retail-investor frenzy, said Friday that he had...
September 24, 2021