Finance

Since launching more than a decade ago, robo-advisors–online investment services that offer financial advice driven by algorithms–have grown into an industry that managed $460 billion in 2020. That’s a 30% increase compared to 2019. Some analysts predict robo-advising will become a $1.2 trillion industry by 2024. “Investors historically have had two options when it comes
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Federal Reserve Chairman Jerome Powell Kevin Lamarque | Reuters Despite what he sees as a rapidly recovering economy, Federal Reserve Chairman Jerome Powell on Sunday reaffirmed the central bank’s commitment to keep loose monetary policy in place. That includes a statement of near-certainty that interest rates won’t be going anywhere as inflation remains tame and
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A man wears Levis Strauss & Co. clothing during the company’s initial public offering (IPO) at the New York Stock Exchange (NYSE) in New York, U.S., on Thursday, March 21, 2019. Jeenah Moon | Bloomberg | Getty Images Check out the companies making headlines in midday trading. Levi Strauss – Shares of the retailer jumped
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Take a look at some of the biggest movers in the premarket: Levi Strauss (LEVI) – Levi Strauss reported quarterly profit of 34 cents per share for its latest quarter, 9 cents a share above consensus. Revenue also came in above Wall Street forecasts with help from a 41% rise in digital sales. The apparel
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The fuboTV logo is hung from the New York Stock Exchange on the day of its IPO in the Manhattan borough of New York City, New York, U.S., October 8, 2020. Carlo Allegri | Reuters Check out the companies making headlines after the bell on Thursday: Levi Strauss – Shares of the jeans maker gained
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A woman walks past the GameStop store inside the Susquehanna Valley Mall. An online group sent share prices of GameStop (GME) and AMC Entertainment Holdings Inc. (AMC) soaring in an attempt to squeeze short sellers. Paul Weaver | LightRocket | Getty Images Check out the companies making headlines in midday trading.  Costco – The retailer’s
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kate_sept2004 | E+ | Getty Images Recovery rebate credit miodrag ignjatovic | E+ | Getty Images The recent round of relief included stimulus checks of up to $1,400 per person. But it also allows people to claim earlier rounds of Economic Impact Payments they may have missed. The first two tranches — up to $1,200
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