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Tag Archives: staying

NewsWatch: Stock-market bulls are counting on the consumer staying strong — should they?

MARKETWATCH FRONT PAGE Bulls are convinced the American consumer — and the stock market — are going to be fine, even if politicians fail to approve another round of fiscal stimulus before next month’s elections. But some economists see consumption taking a big hit after a robust third quarter. See …

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Housing staying strong amid market volatility

Tech stocks took a hit this week, dragging Wall Street down with them. The Dow Jones Industrial average saw a sharp sell off Thursday, dropping around 400 points. Apple, Amazon and Microsoft all took losses with Microsoft faltering by 4%. Travel also took a huge hit, with companies like Southwest …

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Key Words: As coronavirus ravages his native New York, media mogul David Geffen observes a sunset from his $400 million superyacht: ‘I’m hoping everybody is staying safe’

If ever there were doubts about how the superaffluent are faring amid a pandemic for the ages, media mogul David Geffen wants to make it abundantly clear that, for his part, he’s doing just fine — and he wishes us all the best. Geffen, whose net worth is estimated at …

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