The Market

Are a group of retail investors about to get grounded? Over the past two months, investors have plowed so much money into an exchange-traded fund with an out-of-favor investing thesis that it’s recently become one of only a handful of ETFs to reach $ 1 billion in assets under management. …

The unrest in cities across the U.S. this week is just the latest manifestation of a struggle that will continue until the wealth gap between white people and black people is addressed, black economists said. What is the wealth gap? It is the stark divide between how much capital white …

The U.S. stock market has made a remarkable comeback from its late-March bottom. We have just seen the best 50-day rally ever, according to LPL Financial Research. But investors always need to be careful. Jeff Reeves lists five stocks with momentum and upside potential to buy now, contrasting them with …

2.7 million Americans who were temporarily laid off amid the coronavirus pandemic were rehired last month, according to the Bureau of Labor Statistics jobs report. But economists aren’t overly optimistic that employers will continue to rehire at that pace. The biggest gains in May were in leisure and hospitality, where …

At the risk of sounding like Thomas Friedman, who is famous for getting insights from taxi drivers, when I get in an Uber UBER, +2.14% or a Lyft LYFT, +7.02% I often find myself talking to the driver. About the job, the company, the passengers, and so on. One of …

Anxiety and trepidation have replaced full-throated excitement among New York City’s businesses preparing to reopen on Monday.  “There was a sense of relief and anticipation about getting back to business,” said Tom Grech, president and CEO of the Queens Chamber of Commerce. “But the events of the last five-to-seven days …

Early retirement isn’t a common goal among my friends. When I talk about my semi-retirement, many assume I either made a quick buck in the stock market or benefited from some sort of financial windfall. I counter this misconception by narrating the magic formula: Financial freedom is frugality, multiplied by …

Shares were mostly higher in Asia on Friday after U.S. unemployment data gave the S&P 500 its first loss in five days. Tokyo’s Nikkei 225 index NIK, +0.74% closed up 0.7% after opening lower. The Hang Seng HSI, +1.17% in Hong Kong rose 0.7%, India’s Sensex 1, +0.62% rose 0.4% …

In the lead up to and weeks immediately following his graduation, Stephan Lally watched as COVID-19’s disproportionate impact on the country’s black community laid bare racial inequities in health care and economic opportunity. He also watched as thousands of people took to the streets across the country to protest the …