Gold futures were headed lower on Friday, with bullion on track to book its fourth decline in five sessions, potentially cementing the asset’s worst weekly slide in about six months. “Most of the sell-off in the gold price is primarily down to the strength in the dollar index that we …
Read More »Market Snapshot: S&P 500 and Nasdaq march to fresh intraday records as big tech stocks extend gains to start September
U.S. stock indexes clambered toward record-high territory Tuesday morning, as upbeat economic reports helped to feed the buying momentum on Wall Street. The climb for stocks comes even as investors enter what is expected to be a seasonally challenging month for equities, following the best August returns in more than …
Read More »The New York Post: Protesters march on home of U.S. Postmaster General, demand resignation
Protesters gathered at the home of Postmaster General Louis DeJoy on Saturday to demand his resignation — a significant escalation of public pressure amid a pitched battle over mail-in ballots for the 2020 presidential election. About 100 demonstrators gathered outside DeJoy’s home in the wealthy Washington D.C. enclave of Kalorama. …
Read More »Key Words: George W. Bush praises protesters who ‘march for a better future’
“ “It is a strength when protesters, protected by responsible law enforcement, march for a better future.” ” That’s former President George W. Bush, who addressed the protests sweeping the nation on Tuesday and decried America’s “tragic failures.” Bush said he and his wife, Laura, are “anguished” by the death …
Read More »With over 35 million people filing for unemployment since March, $1,200 stimulus checks are only a Band-Aid for Americans
More than 130 million stimulus checks are already winding their way to millions of Americans. They’re a key part of the government’s $ 2.2 trillion CARES Act, but furloughed and laid-off workers say a maximum $ 1,200 payment is not nearly enough to see them through what could be an …
Read More »In One Chart: As the S&P 500 surges from March lows, investors fled the most popular stock-market fund—here’s what one analyst says that means
Tom McClellan, market technician and publisher of the McClellan Market Report, says investors are fleeing one of the most popular exchange-traded funds on Wall Street, even as stocks rally off their March lows. The State Street-sponsored SPDR S&P 500 ETF Trust SPY, +1.65%, which offers investors exposure to S&P 500 …
Read More »Economic Report: U.S. businesses dealt severe blow in March from coronavirus and slip toward recession
Getty Images The coronavirus is killing Americans and devastating the economy. The numbers: Business in the U.S. posted the biggest contraction in March since the end of the Great Recession owing to massive disruptions caused by the coronavirus. A “flash” reading by the forecasting firm IHS Markit showed a small …
Read More »No fans for March Madness: Sporting events are being canceled or will be held in empty arenas amid coronavirus concerns
The games go on, but where and in front of how many? The NCAA’s decision not to allow fans to its annual March Madness tournaments for men and women is the most jarring example yet. NCAA President Mark Emmert made the announcement late Wednesday. “Only essential staff and limited family …
Read More »Here’s everything coming to Netflix in March 2020 — and what’s leaving
Netflix Inc. viewers, perhaps inspired by the big Oscar wins by “Parasite,” will get a chance to brush up on their appreciation of subtitles as a selection of international series launch in March 2020. Those include Season 3 of Germany’s period mystery “Babylon Berlin” (March 1, after its original Feb. …
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