With close to 4.5 million Americans confirmed to have been infected with the coronavirus illness COVID-19, the pandemic will continue for some time, public health officials will tell Congress on Friday, underscoring the importance of following their recommendations on face masks, frequent hand washing and social distancing. “While it remains …
Read More »
(FILES) This file photo taken on September 25, 2014 shows a packet of Camel cigaretes taken in Paris. joel saget/Agence France-Presse/Getty Images British American Tobacco said its first-half profit edged higher, as sales of higher-priced items and cost cuts offset a fall in volume. British American Tobacco BATS, +1.11% BTI, …
Read More »
Don’t believe the hype. That’s the message from Sharmin Mossavar-Rahmani, chief investment officer of private wealth management at Goldman Sachs, who thinks that gold is overpriced and has no clear role in the portfolios of her private clients. Our view is that gold is only appropriate if you have a …
Read More »
Sometimes they approach with a smile. Other times, it’s with the rage of angels. About four months ago, Terence Fitzgerald, and his two sons, who are 5 and 3 years old, were on a weekend bike ride in his neighborhood, a quiet suburb in Southern California with picturesque houses situated …
Read More »
Harvard University (pictured), along with the Massachusetts Institute of Technology, sued the Trump administration over guidance on current international students in July. It’s likely that fewer international students will apply to U.S. colleges this year. (Photo by Maddie Meyer/Getty Images) Maddie Meyer/Getty Images The number of international students studying at …
Read More »
Dear Moneyist, I have rented a house behind my own home to someone in the service industry who is out of a job because of COVID-19, and now he can’t pay the full rent. I am fortunate enough to still have a job, but I am heavily in debt with …
Read More »
If you really want to call yourself a contrarian investor, it’s time for a hard look at what hasn’t worked so far this year — value stocks and dividend stocks. Value stocks have greatly underperformed growth stocks (especially Tesla Inc. TSLA, +2.72% and the hottest tech names) amid the economic …
Read More »
Amazon is expanding its online grocery service in a major offensive aimed at winning more customers in the fiercely competitive U.K. grocery market. The technology giant, which releases its second-quarter earnings on Thursday, is to increase capacity into more homes and offer free delivery to Prime members from Tuesday, in …
Read More »
MacKenzie Scott said Tuesday she has donated about $ 1.7 billion of her fortune over the past year since her divorce from Jeff Bezos. The donations largely went to social-justice, public-health and climate-change organizations, Scott, a novelist and philanthropist, wrote in a Medium blog post. Scott — who recently changed …
Read More »