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IPO market has unraveled this year

New York CNN Business  —  Wall Street bulls may have come thundering back in October as bears appear to have gone into hibernation. But there’s another beast, albeit a mythical one, that has been pretty much absent from the stock market all year: Unicorns. There has been little demand for private companies to make their […]

Latest GDP report shows the US economy bounced back last quarter after shrinking in the first half of the year

Minneapolis CNN Business  —  The US economy grew last quarter, bouncing back after shrinking in the first half of the year. Gross domestic product — the broadest measure of economic activity — rose by an annualized rate of 2.6% during the third quarter, according to initial estimates released Thursday by the Bureau of Economic Analysis. […]

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