The average New Yorker is now getting their COVID-19 test results back in three days, Mayor Bill de Blasio said on Wednesday, as the city works against a national “logjam” in diagnostic testing. This week, test result time has started to “rapidly” decrease in New York City, de Blasio said, …
Read More »The Margin: Reddit bans ‘The_Donald’ and ‘ChapoTrapHouse’ among 2,000 online communities in huge purge
Reddit is cleaning house. The massive collective of online forums where users have shared and created content, engaged in Q&As, sought advice and voted each other’s posts up or down announced on Monday that it’s revising its content policy, particularly in regards to hate speech. And as a result, Reddit …
Read More »In One Chart: Here are the biggest stock-market bets among institutional and retail investors, ranked
There’s a pretty big gulf between how professional investors manage money and the bets made by average people. Like many things, it may have been amplified by the upside-down nature of markets and the economy in the wake of the coronavirus shock — or not. The chart above shows the …
Read More »Market Extra: An all-out war for dominance has erupted among OPEC and its allies, and now oil investors brace for a race to the bottom on prices
It’s every country for itself, or so it seems after a meeting between OPEC and other major producers ended in acrimony on Friday, which has the market now worried about a price war between some of the biggest oil producers in the world. Russia and Saudi Arabia are likely to …
Read More »