Biden should expand antitrust cases, break up tech companies, high-profile group says

The Biden administration should expand antitrust cases against Alphabet’s Google and Facebook and encourage breaking up companies, according to a group whose founder is working with the president-elect’s transition team. The American Economic Liberties Project, an influential Washington-based anti-monopoly group, issued a report with guidance for antitrust enforcers in the next administration. The group is […]

Continue Reading

Value stocks surge boosts 2020’s losers as investors bet on economic revival

Investors are weighing how much further a rally in value stocks can run, as expectations for greater fiscal spending under a Democrat-controlled Congress add momentum to the surging shares of companies that took a beating for most of 2020. Shares of banks, energy firms and other economically sensitive companies climbed after the Democratic party’s recent […]

Continue Reading