Meme stocks like GameStop and BlackBerry are back. Here's why.
AMC and BlackBerry joined the meme stock surge on Tuesday as investors posted screenshots of their trading gains.
Aimee Picchi is associate managing editor for CBS MoneyWatch, where she covers business and personal finance. She previously worked at Bloomberg News and has been published by national news outlets including USA Today and Consumer Reports. Aimee frequently writes about retirement, and has been a National Press Foundation fellow for reporting on retirement and Columbia University's Age Boom Academy. She's also the editor of the Institutional Investor book "Cultivating the Affluent II," with noted wealth consultant Russ Alan Prince.
AMC and BlackBerry joined the meme stock surge on Tuesday as investors posted screenshots of their trading gains.
French Gates wrote in a post that she's moving onto "the next chapter" of her philanthropic work.
Due to bankruptcies and other problems, retailers plan to close almost 3,200 stores this year, up 24% from a year ago.
Some states are cracking down on claims by anti-abortion rights organizations that offer "abortion pill reversal" treatment.
The decision to cut back on the number of stores carrying LGBTQ-themed items comes after some customers objected to the product line.
A new study of low- and moderate-income students in California finds that most recoup their educational costs after only a few years.
Victorinox, the maker of the Swiss Army Knife, says it's in the early stage of working on new products without knives.
FDIC Chair Martin Gruenberg is also a focus of the report, which claims he treated staff in a "demeaning and inappropriate manner."
Without a major change, Social Security may be forced to cut benefits in 2035, a year later than previously forecast.
College protesters are demanding divestment as a way to deliver change, although its effectiveness isn't clear cut.
Audit firm BF Borgers allegedly failed to comply with accounting standards and fabricated audit documentation, regulators claim.
The IRS is tapping Inflation Reduction Act funding to hire more agents and go after more tax cheats. Here's where it is focusing.
The Fed is leaving its benchmark interest rate unchanged, noting a lack of progress in curbing inflation.
The Biden administration said it's erasing debt for people who attended the for-profit Art Institutes, which shut down in September.
Inflation-weary consumers have also been slammed by high borrowing costs, but the Fed is cautious about sticky inflation.