Money

Investors are getting ready to reposition their portfolios for the post-pandemic world. That means moving money out of big tech, which did amazingly well in the work-from-home economy, and into more cyclical sectors, like manufacturing. But hold on a moment — big tech might have another ace up its sleeve. Next week’s earnings calendar is

A SpaceX Crew Dragon spacecraft — carrying four astronauts from three countries — docked with the International Space Station early Saturday morning ET, beginning the crew’s six-month stay in space. This mission, dubbed Crew-2, marks the third-ever crewed flight for Elon Musk’s company and the first to make use of a previously flown, privately-owned rocket

A SpaceX Crew Dragon spacecraft — carrying four astronauts from three countries — docked with the International Space Station early Saturday morning ET, beginning the crew’s six-month stay in space. This mission, dubbed Crew-2, marks the third-ever crewed flight for Elon Musk’s company and the first to make use of a previously flown, privately-owned rocket

“Greed,” money and power. These were the three defining words of a week that shook European football’s very foundations. On April 18, 12 of Europe’s biggest, most successful and financially powerful clubs — subsequently dubbed the “Dirty Dozen” — announced their intention to breakaway from the current UEFA competition format and create their very own

Car dealer lots have only a fraction of the vehicles that they typically have — both new and used. It’s helping send prices to record levels. The average new car price was $37,200 in the first quarter, according to JD Power, up 8.4% from the same period just a year ago. About half of car

Diapers are a pricey, essential item for parents. Now, they’re getting even more expensive, hurting low-income families already struggling with the pandemic’s economic woes. Disposable diaper prices rose 8.7% during the year ending April 10, according to the latest numbers from NielsenIQ, which tracks point of sale data from retailers. Diaper makers recently said they

A version of this article first appeared in the “Reliable Sources” newsletter. You can sign up for free right here. Anticipation is building for the Facebook Oversight Board’s looming decision on whether to keep or reverse a ban on former President Trump’s account. The board has said the decision will be announced “in the coming

Honda became the latest automaker to promise an emissions-free future. In his first press conference as CEO of the Japanese automaker, Toshihiro Mibe said Friday the company “will strive” to sell only battery-electric vehicles and fuel cell electric vehicles by 2040 in the three major markets where it primarily sells cars — North America, China

Simone Biles, the most decorated gymnast ever and one of the world’s greatest athletes, is leaving endorsement powerhouse Nike for a deal with Athleta, the athletic clothing unit of Gap Inc. Biles is a significant signing for Athleta’s marketing efforts. She’s the first woman to capture five all-around gymnastic world championship titles, and the winner

Diapers are a pricey, essential item for parents. Now, they’re getting even more expensive, hurting low-income families already struggling with the pandemic’s economic woes. Disposable diaper prices rose 8.7% during the year ending April 10, according to the latest numbers from NielsenIQ, which tracks point of sale data from retailers. Diaper makers recently said they

When JPMorgan Chase agreed to finance a breakaway competition of some of the world’s richest soccer clubs, it expected some heated discussions. But America’s biggest bank didn’t foresee this: Following massive blowback from fans, the sport’s governing bodies, UK Prime Minister Boris Johnson, French President Emmanuel Macron and even the British royal family, efforts to

Bitcoin and other cryptocurrencies were deep in the red early Friday, selling off over worries that the US government will hike taxes in the near future. Bitcoin dropped below $50,000 per coin for the first time since early March. Bitcoin was down more than 9% at $49,759 early Friday, according to trading platform CoinDesk. The

This time last year, Indian entrepreneurs were in panic mode. The government had locked down the country’s entire population in a dramatic step to fight the coronavirus pandemic. Company founders feared the restrictions would leave them in a severe funding crunch that could hurt their ability to expand, pay salaries or even stay afloat. The

A SpaceX Crew Dragon spacecraft — carrying four astronauts from three countries — took off from NASA’s Kennedy Space Center in Florida Friday morning, beginning their six-month stay in space. This launch marked the third-ever crewed flight for Elon Musk’s company and the first to make use of a previously flown rocket booster and spacecraft.

Ten of the 12 founding members might have officially pulled out of the European Super League, but Barcelona has reiterated its commitment to the idea. On Tuesday, the new project collapsed spectacularly — less than 48 hours after it was announced — following the withdrawal of the six Premier League teams from the competition. Italian