Tag Archives: economy

Dropbox Inc.’s first quarterly profit since its debut as a publicly traded company in 2018 came a bit sooner than it expected. But in a rapidly evolving work environment that puts a premium on collaboration from far-flung locations, the company might come to expect profits as routine. “There is enormous …

The U.K.’s workplaces will be markedly different from the environments employees left behind before lockdown but businesses stand ready to help restart the economy. Boris Johnson is set to unveil a roadmap for the U.K. to exit lockdown and restart the economy on Sunday. Central to his address could be …

What a month. In the midst of a pandemic lockdown that has seen some 30 million Americans file for unemployment benefits, and millions more around the globe, the S&P 500 SPX, -2.80% surged 12.7% in April. That is the best monthly performance since Jan. 1987, and the best April since …

Boris Johnson declared on Thursday that Britain was “past the peak” of the coronavirus outbreak and was now on a downward slope. The Tory prime minister used his first appearance at the government’s daily pandemic briefing since leaving hospital to give more details about the five conditions he says must …

Even in normal times, being an economic forecaster requires a multi-disciplinary approach. Not only do you need to understand the economic relationships, but you have to take all sorts of other variables into account: politics, finance, meteorology, psychology, supply-chain management and more. Add epidemiology to the list, as award-winning forecaster …

Gold futures retreated Friday, with investors shunning haven assets amid early optimism over a drug that’s anecdotally shown potential to treat COVID-19 and the release of a road map to gradually reopening the U.S. economy. “Risk sentiment has been bolstered by U.S. President Donald Trump and reports suggesting a potential …

“ ‘This may be the time to consider a universal basic wage which would acknowledge and dignify the noble, essential tasks you carry out. It would ensure and concretely achieve the ideal, at once so human and so Christian, of no worker without rights.’ ” That’s Pope Francis showing support …

A portfolio manager at one of London’s leading hedge funds has warned of a future haunted by “a more Soviet outcome” from countries defending their economies against the coronavirus. Tim Bond, partner and portfolio manager at Odey Asset Management, told MarketWatch: “Dog will no longer eat dog. Instead, all will …

There have been better quarters. The S&P 500 SPX, -1.51% dropped a precise 20% in the January-to-March period, the worst showing since the fourth quarter of 2008 and the ninth worst three-month era on record. The blame can be pinned on COVID-19, which has resulted in 861,305 cases globally and …