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Mastercard beats profit estimates as customers spend more

BloombergHedge-Fund Titans Lose Billions to Reddit Traders Running Amok(Bloomberg) -- For once, Main Street is beating Wall Street.In a matter of weeks, two hedge-fund legends -- Steve Cohen and Dan Sundheim -- have suffered bruising losses as amateur traders banded...

4Q GDP: Economy expands at a 4.0% annualized rate

The U.S. economy expanded in the final three months of 2020, albeit with slowing growth as the pandemic tore across the country at an alarming clip at the end of the year.The Commerce Department’s first estimate on fourth-quarter gross domestic product (GDP) was...

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