Could the 2020 U.S. presidential election be the most highly wagered on event in history? The Nov. 3 vote has tallied over $ 260 million in wagers thus far, according to Pete Watt, spokesman for OddsCheckerUS, during a Wednesday interview on “The Dan Abrams Show” on SiriusXM. That means bets …
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Cars line up at a COVID-19 test site at Dodger Stadium in Los Angeles. AFP/Getty Images Consumers struggling to keep up with their auto debts filed a record number of complaints with a key federal consumer watchdog agency in the first five months of the pandemic, according to a new …
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Glyn Kirk/Agence France-Presse/Getty Images Investors worried about recent turbulence in stocks may want to keep an eye on the near $ 1.5 trillion high-yield corporate bond market, to help gauge when a more substantial selloff in Wall Street might begin. Analysts often view ructions in the high-yield, or “junk-bond,” market …
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A bout of volatility returned to financial markets with a vengeance last week, disrupting a nearly uninterrupted climb to records for U.S. stock indexes and raising questions about the path for Wall Street headed into a hornet’s nest of challenges for investors. Perhaps, the overarching question is, “What the heck …
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Big rallies often come to an ugly end — and that was certainly the case Thursday for tech stocks and other high-flying sectors that have benefited from momentum-driven waves of buying. But that doesn’t mean a full-fledged correction for the most popular stocks — or the broader market — is …
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More than 30 states have been approved by the Federal Emergency Management Agency to start distributing an extra $ 300 a week in weekly unemployment benefits. The $ 300 federal add-on results from executive actions taken by President Donald Trump this month in the form of three memos and one …
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More than 250,000 unemployed people in Arizona became the first Americans to receive an extra $ 300 in weekly unemployment benefits on Monday following executive actions taken by President Donald Trump. An executive order that Trump signed Aug. 8 calls for distributing an additional $ 300 in weekly unemployment benefits …
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Rainbow, North East England. Owen Humphreys/Zuma Press Goldman Sachs has gotten on the bandwagon in terms of thinking defaults by speculative or “junk” rated U.S. companies won’t get a whole lot worse this year. Analysts at the bank this week cut their default forecast for the sector to 10.5% from …
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A week after a bullish golden cross pattern formed in the Dow Jones Industrial Average DJIA, +1.03%, a pair of important stock-market indexes are also beginning to generate upbeat chart formations—suggesting that a mostly technology-driven rally may be fanning out to other sectors of the market. Indeed, the Dow Jones …
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