The Market

“ Every business is at risk of losing those who drive innovation. ” When employees shifted to working remotely five months ago, few thought it would last this long. Now, an estimated 30 million Americans are unemployed, with one in five workers collecting unemployment benefits. The U.S. recession is deepening, …

Federal prosecutors have accused Steve Bannon, former adviser to President Donald Trump, and three others of misleading donors to the “We Build the Wall” campaign, but some who gave money to the cause say they’re not victims and would gladly donate again. Bannon, U.S. Air Force veteran Brian Kolfage, and …

When Facebook Inc. Chief Executive Mark Zuckerberg delivered a speech about freedom of expression in Washington, D.C., last fall, there was also another agenda: to raise the alarm about the threat from Chinese tech companies and, more specifically, the popular video-sharing app TikTok. Tucked into the speech was a line …

MARKETWATCH FRONT PAGE The domestic property market is fueled by a government stimulus and a COVID-fueled rush to low density housing, economists say. See full story. Invest in tech indexes, but hedge your bets with fine wine and stamps, says this strategist Tech companies will grow exponentially for the next …

The stock market continues to buck the steady flow of troubling headlines and gloomy metrics in a stark disconnect with the economy that’s been hotly debated on Wall Street. Read:Jim Cramer urges investors not to be fooled by new highs in the stock market And while it might feel rather …

Welcome to the weekend! The S&P 500 SPX, +0.34% ended the week at a record (after setting its first record close in six months earlier in the week) — a 52% surge from the low of that fast and brutal COVID-19-related mid-March plunge. The Nasdaq Composite COMP, +0.41% notched its …

Failing to hand over refunds to customers is a direct breach of guidance from European and U.K. authorities. Yet several tour operators have failed to refund customers their money.  Some of Europe’s largest travel companies are holding on to their customers’ cash months after trips were canceled because of coronavirus.  …

“Fine wine and stamps as well as art and other collectibles as investments tend to be uncorrelated to tech company equities and other asset classes and as such can serve as an effective hedge,” said Paul Cuatrecasas, chief executive of Aquaa Partners. REUTERS/Regis Duvignau/File Photo regis duvignau/Reuters Value investing is …

It finally may be game on for antitrust actions against Big Tech. As gaming grows in stature in the lives of Americans during the pandemic, it has highlighted the extraordinary grip that two of the four tech companies under investigation have over the white-hot industry. Epic Games Inc.’s lawsuits against …