While the fine Alibaba (NYSE: BABA) received on Sunday was record-breaking, the end of the anti-monopoly probe by Chinese regulators is good news for the massive company.The market certainly seemed to agree given the 6.5% rise in shares in Hong Kong and a 6% rise in the U.S., the biggest stock gains Alibaba has seen in four years.
Electric vehicle (EV) stocks were one of the best-performing asset classes for much of 2020 and the start of 2021. The major factors driving this trend were improving EV technology and public subsidies all over the world. The improvements in EV powertrains have exceeded all forecasts and seem to be progressing at a similar rate to other technologies like semiconductors which have seen constant improvements and falling costs.Similarly, battery technology continually improves a...

According to Federal Reserve Chairman Jerome Powell, the United States Economy is at an "inflection point" in recovery. Economic prospects are improving, and at the same time, Powell insists that the Federal Reserve will double its efforts to support the labor market.

Economic recovery looks to be picking up rapidly as millions of Americans head back to work. According to Jerome Powell, speaking during an interview with 60 Minutes, current vaccination efforts and fiscal supports are providing the proper support to drive recovery even further.

"What we're seeing now is really an economy that seems to be at an inflection point. And that's because of widespread vaccination and strong fiscal support, strong monetary policy support. We feel like we're at a place where the economy's about to start growing much more quickly and job creation coming in much more quickly," Powell said.

According to Powell's remarks during the interview, it would appear that the Federal Reserve intends to remain an active participant in economic recovery, with the current focus seeming to be putting Americans back to work. Recovery, though, isn't "across-the-board," as some may hope. Powell admitted that some areas of the country are recovering far faster than others, with restaurants and other businesses that rely heavily on interaction with the public suffering the most from a stall...

FDA Calls for Temporary Pause of Johnson... The U.S. Food and Drug Administration (FDA) on Tuesday asked states to temporarily pause using the one-dose coronavirus vaccine developed by...
FDA Calls for Temporary Pause of Johnson... The U.S. Food and Drug Administration (FDA) on Tuesday asked states to temporarily pause using the one-dose coronavirus vaccine developed by...
FDA Calls for Temporary Pause of Johnson... The U.S. Food and Drug Administration (FDA) on Tuesday asked states to temporarily pause using the one-dose coronavirus vaccine developed by...
FDA Calls for Temporary Pause of Johnson... The U.S. Food and Drug Administration (FDA) on Tuesday asked states to temporarily pause using the one-dose coronavirus vaccine developed by...
Florida Sues U.S. Government to Restart... The state of Florida, which has suffered immense loss in cruise line business throughout the course of the pandemic, has recently sued the U...
Florida Sues U.S. Government to Restart... The state of Florida, which has suffered immense loss in cruise line business throughout the course of the pandemic, has recently sued the U...
Florida Sues U.S. Government to Restart... The state of Florida, which has suffered immense loss in cruise line business throughout the course of the pandemic, has recently sued the U...
Florida Sues U.S. Government to Restart... The state of Florida, which has suffered immense loss in cruise line business throughout the course of the pandemic, has recently sued the U...
Restaurant Tech Company Olo Down 10% Sin... Olo (NYSE: OLO) is a restaurant technology company that makes a digital ordering and delivery program for restaurants. Olo powers the digita...
Restaurant Tech Company Olo Down 10% Sin... Olo (NYSE: OLO) is a restaurant technology company that makes a digital ordering and delivery program for restaurants. Olo powers the digita...
Restaurant Tech Company Olo Down 10% Sin... Olo (NYSE: OLO) is a restaurant technology company that makes a digital ordering and delivery program for restaurants. Olo powers the digita...
Restaurant Tech Company Olo Down 10% Sin... Olo (NYSE: OLO) is a restaurant technology company that makes a digital ordering and delivery program for restaurants. Olo powers the digita...
Carnival Stock Higher Following Earnings... Carnival Corporation (NYSE: CCL) reported Q1 earnings that came in slightly above expectations, however, shares were higher on positive comm...
Carnival Stock Higher Following Earnings... Carnival Corporation (NYSE: CCL) reported Q1 earnings that came in slightly above expectations, however, shares were higher on positive comm...
Carnival Stock Higher Following Earnings... Carnival Corporation (NYSE: CCL) reported Q1 earnings that came in slightly above expectations, however, shares were higher on positive comm...
Carnival Stock Higher Following Earnings... Carnival Corporation (NYSE: CCL) reported Q1 earnings that came in slightly above expectations, however, shares were higher on positive comm...
JP Morgan's Dimon Expects a Booming U.S.... JP Morgan Chase's (NYSE: JPM) CEO Jamie Dimon talked about many things in his annual letter to shareholders. He talked about a growing shado...
JP Morgan's Dimon Expects a Booming U.S.... JP Morgan Chase's (NYSE: JPM) CEO Jamie Dimon talked about many things in his annual letter to shareholders. He talked about a growing shado...
JP Morgan's Dimon Expects a Booming U.S.... JP Morgan Chase's (NYSE: JPM) CEO Jamie Dimon talked about many things in his annual letter to shareholders. He talked about a growing shado...
JP Morgan's Dimon Expects a Booming U.S.... JP Morgan Chase's (NYSE: JPM) CEO Jamie Dimon talked about many things in his annual letter to shareholders. He talked about a growing shado...
Regeneron Says Antibody Cocktail Can Pre... Regeneron Pharmaceuticals (NASDAQ: REGN) said on Monday that it plans to ask the U.S. Food and Drug Administration (FDA) to expand its emerg...
Regeneron Says Antibody Cocktail Can Pre... Regeneron Pharmaceuticals (NASDAQ: REGN) said on Monday that it plans to ask the U.S. Food and Drug Administration (FDA) to expand its emerg...
Regeneron Says Antibody Cocktail Can Pre... Regeneron Pharmaceuticals (NASDAQ: REGN) said on Monday that it plans to ask the U.S. Food and Drug Administration (FDA) to expand its emerg...
Regeneron Says Antibody Cocktail Can Pre... Regeneron Pharmaceuticals (NASDAQ: REGN) said on Monday that it plans to ask the U.S. Food and Drug Administration (FDA) to expand its emerg...

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