The Market

It’s been more than 100 days since the World Health Organization declared the coronavirus outbreak a pandemic. Several red flags were missed, so what can we learn from those mistakes? The COVID-19 pandemic, which was first identified in Wuhan, China in December, had infected 10,055,037 people globally and 2,534,981 in …

Mexico’s state of Sonora has toughened its border restrictions ahead of a the Fourth of July holiday in the U.S., typically a heavy time of tourism, as cases of coronavirus spike in America. “We are all going to be on alert at this time to prevent them from coming, whether …

With a few notable exceptions (cough cough “Hamilton”), most streaming services are taking a summer programming vacation in July, making it a perfect time for budget-minded subscribers to cut back a bit on expenses without worrying about missing out on buzz-worthy new shows. As this column has previously mentioned, consumers …

Anthony Fauci, director of the National Institute of Allergy and Infectious Diseases for three decades and one of the leading experts on pandemics in the U.S. for the last four decades, dished out some harsh words to both the U.S. public and federal authorities. Fauci said SARS-CoV-2, the name for …

Independence Day falls on Saturday this year, meaning that U.S. financial markets will be closed on Friday. The New York Stock Exchange and Nasdaq will be shuttered at the conclusion of regular trade Thursday, while the bond market will close an hour early, at 2 p.m. Eastern on Thursday, and …

Lemonade Inc. snagged 2020’s strongest initial public offering debut of a U.S. company as shares of the mobile-based insurance startup became the latest to more than double on their first day of trading. Lemonade LMND, +139.34% shares, which skyrocketed as much as 144% to hit an intraday high of $ …

Tesla Inc.’s massive stock rally continued Thursday after the Silicon Valley car maker easily topped sales expectations for the second quarter. Tesla TSLA, +6.86% said that it delivered roughly 90,650 vehicles in the second quarter, ahead of the 72,000 deliveries that analysts surveyed by FactSet had been predicting. Tesla’s actual …

Boeing BA, -1.62% rival Airbus AIR, -0.01% announced on Tuesday it would cut 15,000 jobs globally while travel location food specialist SSP SSPG, +2.14% said it would cut up to 5,000 staff as coronavirus continues to wreak havoc on the travel industry. Retailer Harrods and a host of other stores …

Under growing pressure from health officials and lawmakers from both parties, President Donald Trump on Wednesday finally endorsed wearing face masks. Kind of. “I’m all for masks,” Trump said during an interview with Fox Business, despite last month telling the Wall Street Journal that some people wear masks just to …