Oil futures fell sharply Tuesday, with concerns that renewed lockdowns to combat the coronavirus pandemic in Europe would crimp energy demand helping to send U.S. prices below the key $ 60 mark. “Optimism around a swift global economic recovery has recently been dampened by setbacks in vaccine rollouts in parts …
Read More »The Moneyist: ‘Change can happen without us noticing’: COVID brought us a year of epic uncertainty — but here’s what I know for sure
How are you? It’s been quite a year. It’s one year since the World Health Organization declared the coronavirus public-health emergency a “pandemic.” Looking back, we can see how far we have come, and how we have already begun the return to a kind of normality, a New Normal. In …
Read More »The Ratings Game: Wayfair’s customer base jumped ahead by 2 years during COVID, setting the retailer up for long-term growth: Truist
Wayfair Inc. W, -1.78% was upgraded to buy from hold at Truist Securities, with analysts estimating that the e-commerce home goods retailer accelerated its active customer base by two years during the COVID-19 pandemic. Truist raised its price target to $ 375 from $ 315. Wayfair said in its fourth-quarter …
Read More »: Scotts Miracle-Gro’s first Super Bowl ad is part of an effort to keep customers acquired during COVID
Scotts Miracle-Gro Co. SMG, -0.04% is having a week of firsts, reporting its first first-quarter profit and debuting its first Super Bowl ad. The company hopes to use this momentum to hold on to the new customers it has acquired during the COVID-19 pandemic. “While we believe some level of …
Read More »Help Me Retire: I’m pregnant, just lost my job to COVID and have $15,000 in a 401(k) — can my husband and I ever retire?
Dear MarketWatch, I just turned 38 and my husband is 44. We don’t have a company retirement account, or individual one. He’s self employed and my last company didn’t have benefits. My husband cashed out savings (from previous job) for an emergency years ago. I have $ 15,000 in a …
Read More »Europe Markets: European markets down on new COVID restrictions worries
European stocks declined on Thursday, dragged down by a 1.5% fall of the FTSE 100 UKX, -1.45% index a few hours before the U.K. leaves the European Union’s single market and customs unions, and just as the country is moving to new severe restrictions due to coronavirus concerns. The pan-European …
Read More »Market Extra: Bank workers could get COVID vaccines before most Americans
The American Bankers Association is seeking vaccine prioritization for bank tellers and frontline community-bank employees. An earlier version of this story suggested that the industry group was seeking a broader prioritization for the financial industry, including traders. The story has been corrected. Frontline bank employees could get a shot in …
Read More »Coronavirus Update: U.S. moves closer to 200,000 daily COVID cases; Birx and Fauci urge Americans to follow safety measures over Thanksgiving
The global case tally of the coronavirus illness COVID-19 climbed above 57 million on Friday, and the U.S. moved closer to 200,000 cases in a day while setting a fresh record for hospitalizations as the virus continues to infect people in every state and region. There was disappointing news on …
Read More »: Boris Johnson forced to self-isolate after Covid contact in crunch week for Brexit
Britain’s Prime Minister Boris Johnson wearing a face mask jeremy selwyn/Agence France-Presse/Getty Images Britain’s Prime Minister is being forced to self-isolate after coming into contact with a politician who has tested positive for coronavirus, in a vital week that could determine whether the key Brexit trade deal will be agreed …
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