Ben Winck

More From Ben Winck

News and Trends

GameStop, AMC, and Other Reddit Favorites Climb as Day Traders Look to Reignite Momentum

The group of previously unloved stocks has fluctuated in recent sessions as bullish momentum locks horns with profit-taking.
News and Trends

Verizon Climbs 4% After Warren Buffett Reveals Nearly $9 Billion Investment

Berkshire Hathaway invested $8.6 billion in Verizon stock through the quarter that ended December 31.
News and Trends

Robinhood Clients Say Platform Has Removed GameStop and AMC, and Is Only Allowing Holders to Sell

The move comes after traders organizing on Reddit forums furiously bid up the shares in an unprecedented short squeeze.
Reddit

How Reddit Day Traders Are Using the Platform to Upend the Stock Market and Make Money in the Process

Retail investors on Reddit are boosting GameStop shares in defiance of hedge funds and investing norms, and one expert sees the unconventional rally as a sign "the institutions are losing some control."
News and Trends

U.S. Weekly Jobless Claims Jump the Most Since March as America's Labor-Market Recovery Falters

New claims for the week that ended Saturday totaled 965,000.
News and Trends

US GDP Surged a Record 33 Percent in the 3rd Quarter as the Economy Reopened, Roughly Double the Next-Biggest Jump

Still, the increase doesn't offset the prior quarter's decline. Experts have said a full recovery may take years, as the pace of GDP growth is set to moderate significantly in the last three months of 2020.
News and Trends

What 5 Top Execs Think About the Prospect of More Economic Stimulus

Earnings season kicked off on Tuesday, and executives are sounding off on the stimulus stalemate and the risks it poses to the ongoing economic recovery.
News and Trends

Dow Plummets 376 Points as Trump Halts Stimulus Talks Until After Election

"I have instructed my representatives to stop negotiating until after the election when, immediately after I win, we will pass a major Stimulus Bill," Trump tweeted Tuesday afternoon.
Crisis Management

IMF Warns 'Great Lockdown' Global Recession Will Be Worst Since Great Depression

Global gross domestic product will shrink by 3% in 2020 before recovering by 5.8% in 2021, according to the International Montetary Fund's base case.
Stimulus

Senate Passes $2 Trillion Coronavirus Relief Bill

Landmark measure includes checks for Americans and small-business loans.