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BlackRock Inc. is breaking ranks with its peers on Wall Street by doing a deep dive into its business to see how it may have contributed to racial inequities in the financial system. The world’s largest money manager plans to undergo an independent racial audit of its operations, following a request from a shareholder. Companies including Airbnb …

Authorities confirmed the death of a second Iowa State University student Monday after locating the body in Little Wall Lake.Five members of the university’s crew club were practicing on the lake Sunday when their boat capsized. Search crews located the first victim on Sunday following the accident.Hamilton County Sheriff Doug Timmons said the area of …

US equities slid late in the day on Wednesday led by some of the stocks most favoured by investors through the pandemic but less popular as the economy recovers. Wall Street’s blue-chip S&P 500 index dropped 0.6 per cent, with technology and real estate stocks — seen to be sensitive to rising interest rates as …

Stocks were moving higher again in early trading on Wednesday, as stability in the bond market was translating into gains in technology stocks. Investors continue to look toward Washington, where President Joe Biden’s stimulus bill is nearly finalized. The S&P 500 index rose 0.8% as of 9:50 a.m. Eastern. The Dow Jones Industrial Average was …

Some of the big technology stocks that fueled the market’s remarkable turnaround in 2020 after its initial plunge as the pandemic upended the global economy have been shedding gains in the weeks since the Nasdaq’s peak on Feb. 12. Apple, for example, was down 14% through the end of last week. It was up 4.4% …

by: DAMIAN J. TROISE, Associated Press Posted: Mar 8, 2021 / 01:48 PM EST / Updated: Mar 8, 2021 / 01:48 PM EST FILE – In this Nov. 23, 2020 file photo, stone sculptures adorn the New York Stock Exchange. Stocks are wavering between small gains and losses in the early going on Wall Street …

Citing conversations with US officials, the Journal said Russia is making use of online publications to wage the disinformation campaign, with one State Department official identifying four outlets that have “served as fronts” for the effort. Though the newspaper noted that the outlets’ readership is small, the sites “played up the vaccines’ risk of side …

Junk bonds still in la-la-land as investors chase yield – risks be damned. By Wolf Richter for WOLF STREET. The bond market settled down on Friday. And that was a good thing for the crybabies on Wall Street that had started to hyperventilate on Thursday, when the Treasury 10-year yield, after rising for months, and accelerating over the …

© Reuters. U.S. flags fly out in front of the NYSE is seen in New York (Reuters) – Wall Street’s main indexes opened lower on Wednesday as investors stayed away from making big bets ahead of the release of minutes from the U.S Federal Reserve’s January meeting. The fell 37.1 points, or 0.12%, at the …

GameStop’s and AMC’s stocks have spiked in recent days. Here’s what’s going on. Sarah Tew/CNET Wall Street investors have bet struggling video game retailer GameStop would fail for a long time. At points, it’s been one of the most heavily bet-against stocks on the market. But over the past few months, a bunch of Reddit users have been pushing …