Tag Archives: says

President Donald Trump could suffer a historic defeat in the fall if the economy doesn’t sharply recover from the coronavirus pandemic and the disease lingers, according to a model that has predicted the winner of the popular vote in 16 of the past 18 elections. Oxford Economics predicts Trump would …

US authorities warned Wednesday that Chinese hackers were attempting to steal coronavirus data on treatments and vaccines, adding fuel to Washington’s war with Beijing over the pandemic. The FBI and the Cybersecurity and Infrastructure Security Agency (CISA) said organizations researching COVID-19 were at risk of “targeting and network compromise” by …

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 …

“ ‘We do not know exactly what happens when you voluntarily shut down a substantial portion of your society.’  ” That’s Warren Buffett, Chairman and CEO of Berkshire Hathaway, on Saturday offering his first public statements since the coronavirus pandemic ravaged the stock market and economy, putting a record number of people—some …

Scott Minerd, global chief investment officer at Guggenheim Partners isn’t optimistic about the economic recovery from the coronavirus pandemic, and he worries the tepid rebound could lead to a “populist revolt to address massive inequality of income and wealth.” Minerd wrote in a Sunday blog post that he predicts there …

Bill Gates says there’s one key to safely reopening the U.S. economy: Testing. The Microsoft Corp. MSFT, +1.82% co-founder, whose namesake foundation has long funded the global fight against infectious diseases, told CNN’s Fareed Zakaria on Sunday that the U.S. needs to be smart about reopening as the coronavirus pandemic …

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 …

“ ‘It’s going to be brutal. There’s no way to sugarcoat it at all.’ ” That is outspoken billionaire and Dallas Mavericks owner Mark Cuban, who has been increasingly visible as the National Basketball Association has been temporarily suspended due to the deadly COVID-19 pandemic. On Wednesday morning, Cuban, speaking …

“ ‘The world has faced pandemics before, but this time we have a new superpower: the ability to gather and share data for good. If we use it responsibly, I’m optimistic that data can help the world respond to this health crisis and get us started on the road to …