I’ve been managing my own finances for a long time. Along the way, I did some things right that served me well and some things that didn’t—including three big blunders. My money-management journey started when I got into a new middle school that was 12 miles from home. The daily …
Read More »Market Extra: Will quadruple witching mark the start of a rocky stretch for U.S. stocks? It may already have
Quadruple witching, a pandemic, a recession, and a stock market that is looking for reasons to add to an epic recovery from the impact of the coronavirus. Could those factors make for a volatile cocktail for the stock market in coming days and weeks? Quadruple witching, occurs on the third …
Read More »Unlimited decks of cards, no doubles in ping-pong and a ‘snitch’ hotline: 7 really specific rules for NBA players at Disney World
The NBA is set to resume its season at the ESPN Wide World of Sports Complex in Disney World July 30. Not all teams will play out the rest of the season; 22 teams will vie for 16 playoff spots — and all games will be played at Disney World. …
Read More »Futures Movers: Oil prices climb as OPEC+ looks to make up for missed output-cut targets
Crude-oil prices climbed on Thursday after a report that major producers at a an OPEC-led meeting of the Joint Ministerial Monitoring Committee, or JMMC, planned to make up for failing to fully meet their production-cut targets last month. The JMMC, which monitors compliance with OPEC output quotas, held gathering via …
Read More »Europe Markets: Stocks in Europe edge lower ahead of Bank of England decision as virus fears linger
European stocks drifted lower Thursday, continuing a choppy week in which markets waver between optimism on signs of improving economic activity and worries that the coronavirus is still spreading. After two days of gains, the Stoxx Europe 600 SXXP, -0.15% slipped 0.4%. The German DAX DAX, +0.11% , the French …
Read More »Market Snapshot: Dow ends 170 points lower, snaps 3 days of gains, as coronavirus concerns drag indexes lower
U.S. stocks slumped in the final hour of trade Wednesday to end three days of gains, as investors monitored signs of a revival of the coronavirus pandemic in some U.S. states and China, while still hoping for a quick economic recovery as business activity resumes. Investors also parsed the second …
Read More »Outside the Box: These homeowners are seeking mortgage forbearance and their reasons why say a lot about the economy
As the COVID-19 crisis has metastasized into an economic recession, millions of Americans are struggling to keep up with their mortgage payments. I fundamentally believe that losing one’s job shouldn’t mean also losing one’s home. This is a core lesson that I learned from the 2008 financial crisis, when I was …
Read More »U.K. approves use of life-saving coronavirus drug dexamethasone in ‘biggest breakthrough yet’
The U.K. government has approved the use of dexamethasone — the first coronavirus drug that scientists says has been shown to save lives — and it costs just £5 ($ 6) per patient. A trial led by Oxford University found that the low-dose steroid treatment dexamethasone cut the risk of …
Read More »The Margin: He vowed to ‘tap-dance at midnight’ to provoke his MAGA neighbor — and the money’s pouring in
Last week, Amy Ziemak saw a sign in the window of an apartment building across the street in downtown Cleveland. She got a kick out of it, so she posted this on Twitter: It didn’t take long for the joke at President Trump’s, and at least one Ohio backer’s, expense …
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