Direxion is doubling down on buy-and-hold bets. The firm launched three new exchange-traded funds in early June meant for long-term investors: the Direxion High Growth ETF (HIPR), the Direxion Dynamic Hedge ETF (DYHG) and the Direxion Fallen Knives ETF (NIFE). For David Mazza, head of product at Direxion, ”what HIPR is really about is how do
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Dani Reiss, president and CEO of Canada Goose Rick Madonik | Getty Images Canada Goose‘s CEO said Friday the retailer’s recently opened experiential store in Canada is “almost built for this environment,” as consumers brave enough to venture outside are looking for things to do during the coronavirus pandemic.  “Naturally, it is socially distanced,” Chief
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EXCLUSIVE: For the first time since the February 1997 reissue, Star Wars: The Empire Strikes Back is leading at the box office this weekend after clocking an estimated $175K at 483 locations. Empire should end the weekend with a 3-day take in-between the high $400K and low $500K. Some of these recent classic reissues, such as Ghostbusters last weekend
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Editor’s note: Get this free weekly recap of TechCrunch news that any startup can use by email every Saturday morning (7am PT). Subscribe here. You could almost hear the internet cracking apart this week as international businesses pulled away from Hong Kong and the US considered a ban on TikTok. Software can no longer eat the entire
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Exclusive The woman Kanye West has pegged for his Vice President describes herself as a “Biblical life coach,” but she also has a mental health background, and some of her past statements on the subject are … interesting. Michelle Tidball is the “obscure preacher from Wyoming” Kanye named as his running mate in his instantly
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Sen. Mitt Romney, R-Utah, leaves the Senate Republican Policy luncheon in Russell Building on Tuesday, March 17, 2020. Tom Williams | CQ-Roll Call | Getty Images WASHINGTON — Sen. Mitt Romney, R-Utah, on Saturday criticized President Donald Trump’s decision to commute the prison sentence of Roger Stone, calling it “unprecedented, historic corruption.” “An American president commutes the
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Much like fans across the globe, we’re having trouble accepting that America Ferrera won’t be a series regular on the upcoming sixth season of Superstore.  Not only will this impact Amy’s onscreen romance with Jonah, a love story that has been integral to the show since its pilot, but it will also drastically change the
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Electric Lit relies on contributions from our readers to help make literature more exciting, relevant, and inclusive. Please support our work by becoming a member today, or making a one-time donation here. . With this week’s announcement on student visas, ICE implemented new restrictions on international student visas in the U.S. Students who are taking
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Even when the Great Recession dampened consumer confidence and drove up unemployment things weren’t as bad for retailers as they have been during the current Covid-19 crisis, according to a new analysis from Retail Metrics. Days after the World Health Organization declared a pandemic in March, retailers across the U.S. were forced to shut their
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