Bloomberg The spike in bond yields this year may have spooked many global equity investors, but fans of the historically underperforming European market are winning big. The blue-chip Euro Stoxx 50 Index has surged 11% this year, outpacing other major market benchmarks including the S&P 500 Index and the Nasdaq Composite Index. A predominance of cheap and cyclical shares has …

Bloomberg The day-trading Reddit crowd turned the first quarter of 2021 into one of the wildest periods of stock market mania in modern history. Books — plural — will undoubtedly be dedicated to the topic in years to come. But after these small-time speculators banded together to drive up dozens of obscure stocks by hundreds or even thousands of percent …

Bloomberg President Joe Biden said the sweeping infrastructure proposal he unveiled this week would result in 19 million jobs created over the next decade as the US seeks to emerge from the pandemic. “Independent analysis shows that if we pass this plan the economy will create 19 million jobs,” Biden said in remarks at the White House. “Good jobs, blue …