Security-software stocks soared Friday, as investors bet that the fallout from one of the most devastating hacks in U.S. history will lead to increased security spending by companies and government agencies. The breach was executed through a vulnerability in ubiquitous network-monitoring software from SolarWinds Inc. SWI, -19.43%, which hackers believed …
Read More »Market Extra: Auto debt complaints are soaring during pandemic
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 …
Read More »NewsWatch: ‘The housing market is on a sugar high’: Home sales are soaring, but is it a good time to buy? Here’s what the experts say
MARKETWATCH FRONT PAGE The domestic property market is fueled by a government stimulus and a COVID-fueled rush to low density housing, economists say. See full story. Invest in tech indexes, but hedge your bets with fine wine and stamps, says this strategist Tech companies will grow exponentially for the next …
Read More »: Deodorant sales fall due to social distancing but locked down consumers send ice-cream sales soaring, says Unilever
People socializing less and working from home caused a slump in demand for personal care items like deodorant and makeup, consumer goods giant Unilever ULVR, +0.15% said on Thursday. The firm, which owns Dove soap and Axe deodorant, as well as hundreds of other brands, said lockdowns led to a …
Read More »