Tesla short sellers, caught on the wrong end of a $38 billion hit in 2020, suffered “the largest yearly mark-to-market loss” Ihor Dusaniwsky of S3 Partners has ever seen. One of those under water on that trade: Michael Burry of “The Big Short.” See full story.
‘Prepare to lose all your money’ — regulator’s blunt warning on bitcoin and other cryptocurrencies
The U.K.’s financial regulator on Monday issued a very blunt warning about the rise of bitcoin and other cryptocurrencies.
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No more Marriott money for Ted Cruz, Josh Hawley or any Senate Republican who voted against certifying Joe Biden’s election
Money talks, and at Marriott International, it’s speaking loudly against those who voted against certifying President-elect Joe Biden. See full story.
Don’t fret, investors. Stock exuberance is here to stay, Credit Suisse says.
Credit Suisse strategists said the stock market exuberance was likely to continue, raising their target for global stocks and the S&P 500. See full story.
Are you in retirement hell?
Suddenly, the life of leisure you dreamed about is empty and meaningless. Here’s how to escape. See full story.
Restaurants lost 372,000 jobs last month, the Bureau of Labor Statistics said. See full story.