Market News

Shake Shack Surges in Debut

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Shares of Shake Shack, a restaurant chain known for its burgers and crinkle-cut fries, opened at $47.21 in their market debut, 125% above their IPO price.

Why 'Free File' for Taxes Isn't So Popular

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Here is how taxpayers can navigate the maze of offerings and avoid unnecessary charges.

Insider-Trading Charges to Be Dropped

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Federal prosecutors in New York said they would drop charges against five men they previously accused of insider trading, the latest casualty of an appeals court ruling last month that upended the government’s ability to bring such charges.

Gold Tarnishes as U.S. Economy Strengthens

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The strong U.S. economy is dimming gold’s allure. Gold futures posted their sharpest decline—2.4%—in more than a year, a day after the Fed waxed optimistic about U.S. economic growth.

Ally Lashes Back at GM After Jilting

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Ally Financial’s chief executive reacted angrily to GM’s decision to squeeze the lender out of a lucrative leasing business and vowed to overcome getting jilted by the firm’s former parent.

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