Category: Featured|Finance|Top Stories

Jeff Bezos Takes Richest Man Alive Title From Bill Gates

(FinancialPress) — Bill Gates is no longer the richest man alive after the market shakeup brought about by 2017‘s wave of third quarter financial reports. However, he’s still having a pretty good day. Amazon‘s (AMZN) frontman extraordinaire, Jeff Bezos, has taken over the spot of distinction. Amazon‘s incredible earnings report, release last Thursday, had the stock surging a massive 13.5% on Friday. The report revealed…

S&P 500 poised to set record for calmest period – perhaps ever

(FinancialPress) — The broad-market benchmark, Standard and Poor‘s 500 Index, has been very quiet as of late. The thing is, just how quiet, and for how long, has flown completely under the radar for most onlookers. The S&P 500 is set to match and surpass the record for longest period of quiescence in history in just a few more short days. With no significant drops…