So-called meme stocks are having a moment again. What do Reddit , Trump Media & Technology Group and GameStop all have in common? They all have strong retail participation. Trump Media made its market debut on Tuesday under the ticker DJT, following its merger with shell company Digital World Acquisition Corp.…

U.S. Secretary of Transportation Pete Buttigieg said Wednesday morning on the Today Show of the Baltimore bridge collapse, “This will be a major and protracted impact to supply chains.” More like, “this will be a major and protracted news story that unnecessarily freaks people out about supply chains.” The collapse…

Shares in JD Sports Fashion rose by mid-single digits on Thursday, after the athleisure retailer released more calming financials following January’s shock profit warning. At 123.6p per share, JD Sports’ share price was last 6.2% higher at the end of the trading week. Revenues at the FTSE 100 retailer rose…

Is credit about to crack in Europe? I’ve been spending time recently speaking to Man Group’s extensive (and growing!) network of credit experts. It’s always a pleasure to catch up with my friend and colleague Danilo Rippa, Head of Global Credit Multi-Strategy. Danilo has been trading the asset class for…

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By Jeff Mason WASHINGTON (Reuters) – President Joe Biden will get a boost from Democratic predecessors Barack Obama and Bill Clinton on Thursday at a fundraiser in New York slated to raise more than $25 million and add some oomph to Biden’s 2024 re-election campaign. Biden and the two former commanders-in-chief will take part in a discussion moderated by “The Late Show” host Stephen Colbert at Radio City Music Hall in front of thousands of guests at what Biden’s re-election campaign said would be the most successful political fundraiser in history. Musicians Queen Latifah, Lizzo, Ben Platt, Cynthia Erivo and…

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Sometimes when a president needs a hand, only another president – or another two – will do. President Joe Biden’s bid for a second term and reelection campaign coffers will…

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