The Big Number: U.S. households parked a record $ 2.67 trillion in the bank and in money-market funds during 2020, according to the financial accounts of the U.S., released on Thursday by the Federal Reserve. What happened: The COVID-19 pandemic hit the economy hard, but the pain wasn’t felt by …
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Chuck Feeney Atlantic Philanthropies “ ‘I believe strongly in giving while living. I see little reason to delay giving when so much good can be achieved through supporting worthwhile causes today. Besides, it’s a lot more fun to give while you live than to give while you are dead.’ ” …
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Melbourne, which had been named the “world’s most livable city” for seven straight years before being beaten out by Vienna in 2018, won’t be feeling quite so livable for the next six weeks. Australia’s second-biggest city faces strict lockdown measures as the state of Victoria saw another record spike in …
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U.S. stocks have soared, but low trading volume suggests many investors got shaken out in March and have been sulking on the sidelines. As the chart below shows, trading volume for the SPDR S&P 500 Trust SPY, -2.23%, which tracks the benchmark S&P 500 Index SPX, -2.28%, rose during the …
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NEW YORK — This week, I went to a grocery store in a balaclava. At the time, it seemed like a weird thing to do. I looked like the Invisible Man if he had a walk-in role on “A Clockwork Orange” or “Mad Max.” I wanted to cover my face …
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Samsung Electronics Co. Ltd. announced a new lineup of its popular Galaxy smartphones Tuesday, with a base price of $ 1,000 that is moving in an opposite direction of rival Apple Inc.’s iPhones. The South Korean electronics giant unveiled three Galaxy S20 phones with 5G connectivity and better cameras, ranging …
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