Google Alert - Business

	Business Daily update ⋅ February 2, 2021
	NEWS
	The New York Times US Economy Is Healing, but Budget Office Says Workers Have a Long Way to Go The New York Times New projections from the independent Congressional Budget Office fuel Republicans' calls for "targeted" economic aid — and Democrats' push to go big. Flag as irrelevant
	Washington Post The GameStop stock craze is about a populist uprising against Wall Street. But it's more complicated than that. Washington Post Michael Burry, an investor known as the architect of "The Big Short," a legendary bet against the subprime mortgage securities that triggered the 2008 financial crisis, wrote the company's board of directors in July 2019, demanding they take immediate action to ... Flag as irrelevant
	The Wall Street Journal GameStop Day Traders Are Moving Into SPACs The Wall Street Journal Average SPAC share performance on opening trading day · Source: Jay Ritter, University of Florida · Note: 2021 figures through Friday. Flag as irrelevant
	Bloomberg OPEC's Planned Output Increase Is Offset by Africa Disruptions Bloomberg OPEC boosted crude production as planned last month, but the increase was tempered by disruptions at long-troubled member nations. The Organization of Petroleum Exporting Countries raised output by 190,000 barrels a day in January, according to a ... Flag as irrelevant
	Bloomberg BP Sells Oman Gas Stake to Thailand's PTTEP for $2.6 Billion Bloomberg The deal should help BP deliver on its goal of selling $25 billion of assets by 2025 to ease its debt burden. Like other oil majors, it must contend with the demand for crude gutted by the coronavirus. The company has pledged to eliminate most of its greenhouse ... Flag as irrelevant
	The New York Times The economy is improving faster than expected, the US budget office says, adding another twist to stimulus talks. The New York Times The new projections from the office, which is nonpartisan and issues regular budgetary and economic forecasts, are an improvement from the office's forecasts last summer. Officials told reporters on Monday that the brightening outlook was a result ... Flag as irrelevant
	Reuters US factory activity cools amid COVID-19 flare-up Reuters WASHINGTON (Reuters) -U.S. manufacturing activity slowed slightly in January, while a measure of prices paid by factories for raw materials and other inputs jumped to its highest level in nearly 10 years, strengthening expectations inflation will perk up this ... Flag as irrelevant
	Bloomberg GameStop Short Interest Plunges in Sign Traders Are Covering Bloomberg Short interest in the video-game retailer plummeted to 39% of free-floating shares, from 114% in mid-January, according to IHS Markit Ltd. data. Data from S3 Partners, another ... Flag as irrelevant
	The New York Times What Is GameStop Really Worth? The New York Times In all the recent market mania, it might be easy to forget that there's an actual company at the center of the frenzy. Here's a quick look at the real-world prospects for GameStop, which begins the week with a market cap of more than $20 billion, up from $1 ... Flag as irrelevant
	Washington Post CBO projects 4.6% growth in Biden's first year, jobs lag Washington Post The U.S. economy is projected to grow at a 4.6% annual rate this year, but employment isn't expected to return to pre-pandemic levels until 2024, the Congressional Budget Office said Monday. The 10-year outlook said the economic recovery from the ... Flag as irrelevant
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