America is staring down a widespread COVID-19 testing shortage with no vaccine in sight. So what happens when coronavirus makes its unceremonious return? Anthony Fauci, director of the National Institute of Allergy and Infectious Diseases for more than three decades, said Wednesday, “We will have coronavirus in the fall. I …
Read More »I Thought I Could… and I Did It!
You may not be interested in making a pillow cover, but let this post inspire you to try something you are thinking about making or doing, but are not quite sure will work. If you can think it… you can find a way to make it happen. I did and …
Read More »Bernanke rejects Great Depression comparisons as he says GDP could slump by 30%
Ben Bernanke, the former chairman of the Federal Reserve, is a scholar of the Great Depression, a background he put to use during the global financial crisis when he invented many of the emergency lending programs the central bank is now re-using. But he thinks the Great Depression is a …
Read More »Market Extra: These indicators suggest a stock-market bottom, but coronavirus fears could send the S&P 500 swooning again
U.S. stocks staged an impressive rebound in the past week as the Federal Reserve and Congress have delivered unprecedented fiscal and monetary stimulus aimed at dampening the blow the coronavirus epidemic has dealt to the U.S. economy. The question investors must now ask themselves is whether or not the equities …
Read More »Market Snapshot: Dow futures plunge as coronavirus slams market, Fed official warns unemployment could hit 30%
U.S. stock-index futures fell by the most allowable for the day Sunday evening as the cases of coronavirus globally neared 330,000 and the market appeared unhappy with a lack of government action to address the current and expected fallout from the COVID-19 pandemic. On top of that, a U.S. central …
Read More »Existing-home sales skyrocketed 6.5% in February — but that could soon change because of the coronavirus
The numbers: Sales of previously-owned homes jumped 6.5% in February, though the coronavirus outbreak could put the break on sales growth in coming months. Existing-home sales occurred at a seasonally-adjusted annual pace of 5.77 million, the National Association of Realtors reported Friday. It was the strongest sales figure for the …
Read More »NewsWatch: If you could buy only one stock for 5G and artificial intelligence, this would be it
MARKETWATCH FRONT PAGE Look at Applied Materials See full story. Why Canopy Growth’s sales grew as Aurora Cannabis struggled to sell more weed Canopy Growth Corp. reported earnings early Friday that gave investors a few reasons to cheer: In short, it wasn’t a total disaster. See full story. Delta’s CEO …
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