The global case tally of the coronavirus illness COVID-19 climbed above 57 million on Friday, and the U.S. moved closer to 200,000 cases in a day while setting a fresh record for hospitalizations as the virus continues to infect people in every state and region. There was disappointing news on …
Read More »Personal Finance Daily: 12 million Americans to lose unemployment benefits day after Christmas and the U.S. pays the most for prescription drugs
Hi, MarketWatchers. Don’t miss these top stories: Personal Finance 12 million Americans will lose their unemployment benefits the day after Christmas These Americans are in ‘grave danger’ if lawmakers leave them behind, wrote the authors of a new report. 6 tax moves to consider before the end of the year …
Read More »: U.S. leading economic indicators rise again in October, but growth is slowing
The U.S. economy might be getting ill again from the coronavirus. Mario Tama/Getty Images The numbers: The U.S. economy expanded again in October at a moderate pace, according to a survey of leading indicators, but growth is slowing and likely to taper off even further as the coronavirus reasserts itself. …
Read More »Sustainable Investing: ESG investing now accounts for one-third of total U.S. assets under management
Getty Images Money managers who use environmental, social and governance factors in their investment analysis say climate change continues to be their top concern and the leading criteria as they put money to work. The amount of professional money managed using all three ESG criteria rose sharply, according to a …
Read More »The Conversation: Here are 7 ways Biden can improve U.S. health care
Joe Biden holds up a face mask Getty Images Some states are still counting votes, but Joe Biden and Kamala Harris appear to have won the presidential contest. They have lots of work ahead of them; reining in the out-of-control pandemic tops the list, and beyond that, there are significant challenges on …
Read More »Metals Stocks: Gold prices decline as stocks, U.S. dollar and yields rise
Gold futures declined in Wednesday dealings, with the precious metal relinquishing some of the modest recovery from the previous session amid a trifecta of headwinds: a stronger U.S. dollar, rising stocks and higher bond yields. “Higher yields in the US are continuing to provide some support for the dollar which, …
Read More »Economic Report: Hiring falls slightly in September as recovery in U.S. labor market slackens
A restaurant displays a “Now Hiring” sign amid the coronavirus pandemic in Arlington, Virginia. Companies are still hiring more workers, but not as fast as they were during the summer. olivier douliery/Agence France-Presse/Getty Images The numbers: Job openings in the U.S. rose slightly in September and layoffs declined, but hiring …
Read More »: New U.S. coronavirus cases top 126,000 for second straight day
A previous version misstated the time span of the 57% increase in average cases; it was since two weeks ago. A medical staff member treats a patient suffering from COVID-19 in the intensive care unit at United Memorial Medical Center in Houston on Oct. 31. Getty Images The U.S. has …
Read More »Market Snapshot: Dow slightly lower after jobs data as U.S. election count continues
Kena Betancur/Agence France-Presse/Getty Images U.S. stocks were modestly lower in early action Friday, threatening to end a four-day winning streak, as investors sifted through October jobs data, continued to monitor election results, and weighed a surge in COVID-19 cases. What are major benchmarks doing? The Dow Jones Industrial Average DJIA, …
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