Chris Harvey, the head of equity strategy at Wells Fargo Securities, and his team did the math late in 2020 and came up with a target for where they believed the S&P 500 should end this year: 3,850. So what is he doing now that the benchmark index…
Supply Lines is a daily newsletter that tracks Covid-19's impact on trade. Sign up here. Unless you're involved with international commerce in some way, you might not have heard that the cost of shipping goods out of China is absolutely soaring…
Billionaire Paul Singer has a warning for his fellow investors: 1970s-style inflation can happen again, and almost nobody is ready for it. The hedge fund manager -- a frequent critic of U.S. monetary policy -- said in an interview on Grant…
Since the 1800s, the London Metal Exchange's iconic trading floor endured world wars, scandals, ruinous defaults and the onrush of algorithmic trading that's made other open-outcry markets obsolete. Yet after all that, it may not survive Covid-19.
Gorman rewarded with $33 million package after record earnings Pay raise follows year in which Gorman took a surprise cut Morgan Stanley Chief Executive Officer James Gorman leaped past JPMorgan Chase & Co.'s Jamie Dimon as the best-paid CEO of a…
