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U.S. stocks extended their rally on Thursday, raising hopes that the worst was behind the market, after further evidence that the U.S. economy was on a solid footing.
Data showed annual U.S. gross domestic product grew 3.7 percent in the second quarter – much faster than the previous estimate of 2.3 percent. Other data showed jobless claims fell more than expected last week, pointing to a steadily firming labor market.
Jason Pelts from Milwaukee is not your typical stock investor. As a 21-year-old college senior, he invested his $1,500 savings account and turned it into a $1 million portfolio.
Greg Gibbs is swapping downtown Singapore for the ski slopes of Colorado, as the 26-year foreign-exchange industry veteran departs Royal Bank of Scotland Group Plc to set up a research firm in the Rocky Mountains.
Swiss bank UBS UBSG.VX pronounced on Wednesday it allocated new roles in a unfamiliar exchange, seductiveness rates and credit (FRC) business with Dylan Roy to conduct of a group’s Americas division.