Joe Biden saw his lead grow to 14 points over President Donald Trump in a recent presidential poll, and for the first time this year, Biden has better odds than Trump to win control of the White House according to Betfair, a sportsbook based in Europe. The betting odds and …
Read More »Trump says he will reschedule 2020 campaign rally in Tulsa that fell on Juneteenth holiday
President Trump said on Friday that he would reschedule a June 19 campaign rally in Tulsa, Okla., succumbing to calls to change the date of the event that falls on a holiday that marks the end of slavery in the U.S. Via Twitter late Friday, Trump said that he would …
Read More »Deep Dive: This unusual income fund has a dividend yield of 6.5% and has beaten the S&P 500
Investors usually must contend with a trade-off between income and growth. Not so with the Reaves Utility Income fund, which has a 6.48% dividend yield and performance that has beaten the S&P 500 Index SPX, +1.30% over the past 10 and 15 years. That’s unusual, given that the benchmark index …
Read More »Market Extra: Here’s how the stock market tends to trade after brutal selloffs like Thursday’s
U.S. stocks on Thursday booked their worst daily plunge since fears about the economic impact of measures to curtail the spread of the COVID-19 pandemic took root in investors’ psyches back in March. The Dow Jones Industrial Average DJIA, +0.42% tumbled roughly 1,862 points and the S&P 500 SPX, +0.22% …
Read More »Dispatches from a Pandemic: How Iceland flattened the curve
Reykjavík — Life in Iceland is almost back to normal. The curfews on gatherings and the social distancing mandates have been lifted; gyms, swimming pools and restaurants are reopening. Icelanders are traveling around the island again. Iceland will open its airports to tourism on June 15, and the people of …
Read More »The Wall Street Journal: DoorDash close to funding deal that would value company at $15 billion pre-infusion
DoorDash Inc. is close to securing new funding that would value the largest U.S. meal-delivery company at more than $ 15 billion before the infusion, as a wave of deal making sweeps over the red-hot industry. The closely held company plans to sell hundreds of millions of dollars of equity …
Read More »Rampant speculation in the stock market — you ain’t seen nothing yet. Thank the Federal Reserve
Investors’ goal is to make money consistently in all market conditions — amid rampant speculation, a good or bad economy, a pandemic, varied Federal Reserve policies. It’s time for investors who have made money in the stock market over the past decade to say thank you to the Fed. Now …
Read More »Europe Markets: Stocks in Europe skid as reversal from rally continues
European stocks slumped Thursday in early trade, losing ground for a fourth session as traders looked for a new catalyst after the breathtaking rally from the depths of the coronavirus crisis. Up 32% from its March lows, the Stoxx Europe 600 SXXP, -2.59% skidded 2.5%. Decliners included airline Deutsche Lufthansa …
Read More »Some tech workers are slowly trickling back to the office now
It’s back to the office for some tech employees this month. Apple Inc. AAPL, +2.57% and Juniper Networks Inc. JNPR, +0.52% , for example, are allowing small pools of employees to return in what is expected to be a series of gradual phases, though companies are reluctant to talk. (Apple …
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