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The New York Post: Franklin Templeton worker placed on leave after viral altercation in Central Park

The investment company that employs a white woman who went viral after calling the police on a black man in Central Park in Manhattan on Monday has placed her on administrative leave. “We take these matters very seriously, and we do not condone racism of any kind,” read a statement …

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Need to Know: Why one strategist says these hard-hit stocks will rebound — even if there’s a second wave to the pandemic

There has been a yawning gap for some time between growth and value stocks, and the coronavirus pandemic has only widened the disparity. James Solloway, chief market strategist at investment manager SEI Investments, expects that to change — soon. “There are periods where leadership changes in a drastic and dramatic …

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NewsWatch: Hulbert: My stock market forecast for June is likely wrong — but watch out for August

MARKETWATCH FRONT PAGE The March lows of the coronavirus crash could still be tested, writes Mark Hulbert. See full story. Ohio governor urges people to wear face masks: ‘This is not about politics’ “This is one time when we truly are all in this together. What we do directly impacts …

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‘I don’t regret what I did’: Dominic Cummings defends 260-mile car trip during coronavirus lockdown

Dominic Cummings, U.K. Prime Minister Boris Johnson’s most senior adviser, on Monday defended his 260-mile trip to Durham amid calls to resign for breaking coronavirus lockdown rules. News Pulse:Key Boris Johnson adviser Dominic Cummings defends travel to Durham amid U.K. lockdown, says he has not offered resignation In an unprecedented …

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Asia Markets: Nikkei rises, but Hong Kong shares slip as tensions with China heat up

Asian shares traded mostly higher on Monday, with Tokyo stocks gaining on expectations that a pandemic state of emergency will be lifted for all of Japan. But shares fell in Hong Kong on Monday after police used tear gas to quell weekend protests over a proposed national security bill for …

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Key Words: Ohio governor urges people to wear face masks: ‘This is not about politics’

Ohio’s governor on Sunday said wearing a face mask should be a public-health issue, not a partisan one. “ “This is not about politics. This is not about whether you’re liberal or conservative, left or right, Republican, Democrat.” ” — Ohio Gov. Mike DeWine During an interview Sunday morning on …

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We’re in a new paradigm for stocks, this analyst argues. Get ready for permanently higher valuations.

A new model for assessing stocks may include higher valuations, as the old paradigm is no longer valid, according to a research note from DataTrek Research on Tuesday. From about 1950 to 2000, according to Nicholas Colas, Co-founder of DataTrek Research, there was a fairly stable paradigm in place for …

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Mutual Funds Weekly: These money and investing tips can help you navigate financial markets as economies reopen

Don’t miss these top money and investing features: These money and investing stories, popular with MarketWatch readers this past week, offer ideas about how to manage your financial portfolio and invest strategically as pandemic restrictions ease and markets adjust to the reopening of the U.S. and global economies. INVESTING NEWS …

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Colleges balance student safety with falling revenues during coronavirus — here’s how universities will be transformed in the fall

It’s safe to say college will be a very different experience for students this fall than what they imagined. But right now, that’s pretty much all they can be sure of. As the coronavirus pandemic swept the country this spring, colleges almost uniformly moved students from lecture halls and dorms …

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