President Donald Trump plans to pardon or commute the sentences of around 100 people Tuesday, according to reports Sunday night. CNN first reported the plans, and said White House officials met Sunday night to finalize the list. Axios separately confirmed the report. The actions are expected to include white-collarRead More →
On Thursday evening, President-elect Joe Biden said he will call for $1,400 stimulus checks and more vaccine funds as part of a $1.9 trillion COVID-19 relief plan. “President-elect Biden announced a proposed relief and recovery package that provides relief that is commensurate with the scale of the economic challengeRead More →
European stocks traded higher on Monday, alongside U.S. equity futures, with investors encouraged by COVID-19 vaccine progress and hopes for a stimulus deal out of Washington. No collapse in Brexit talks also lifted sentiment. The Stoxx Europe 600 index XX:SXXP rose 0.8% after the index logged a 1% lossRead More →
My husband and I are 65 years old. He’s retired with a monthly pension of $1,800, and when he dies, I will be collecting the same amount for life. My husband and I will start to collect Social Security benefits Jan. 1, 2022, when each of us will collectRead More →
People have spending money on Lysol and Clorox during a year in which coronavirus has upended people’s lives. Cards Against Humanity eschewed its annual Black Friday stunt in light of the pandemic and protests regarding the killing of Black Americans by police. David Ryder/Getty Images For Cards Against Humanity,Read More →
With President-elect Joe Biden’s victory, tens of millions of Americans are feeling relieved, thankful, celebratory, or some combination of these emotions. But tens of millions of other Americans are anguished and despondent. It’s essential to recognize that elections are not football games. Opponents are not our enemies. For those who celebrate,Read More →
Ray Dalio, the founder, chairman and co-chief investment officer of the world’s largest hedge fund firm, Bridgewater Associates, has had a rough 2020. Bridgewater’s flagship fund has been deeply negative, even as rival hedge funds managed to outperform the market, particularly during the initial turmoil from the coronavirus pandemic.Read More →
U.S. stock indexes rebounded from early losses on Friday but traded mostly lower as investors reacted to a weaker-than-expected September jobs report and news that U.S. President Donald Trump and first lady Melania Trump had tested positive for the coronavirus. The president and his wife will need to beRead More →
A customer refuels a car at a Shell petrol station in Etlham, southeast London on September 30, 2020. ben stansall/Agence France-Presse/Getty Images Oil prices were hit by a double whammy on Friday, with news that President Donald Trump said he has contracted coronavirus adding to the industry’s concerns aboutRead More →
As speculation swirls around who President Trump will appoint as his third Supreme Court justice, political analysts have focused on the two contenders. Indiana appellate judge Amy Corny Barrett and Florida federal appellate judge Barbara Ragoa. Trump said Monday that he may have five appointees in mind for theRead More →
President Donald Trump defended himself at Thursday’s news conference as he raised more questions after telling renowned journalist Bob Woodward months ago that he was downplaying the coronavirus. “I’m not lying. I’m saying ‘We have to be calm. We can’t panic.’” Trump said a reporter asked him.” Why didRead More →
U.K.-based pharmaceutical giant AstraZeneca said Tuesday it will suspend clinical trials of a coronavirus vaccine it developed with Oxford University after a British subject fell ill. The decision will affect the company’s just-started so-called Phase 3 trial, which recruited 30,000 volunteers in the U.S. after 10,000 subjects in theRead More →
MARKETWATCH PHOTO ILLUSTRATION/ISTOCKPHOTO|, CROWDSTRIKE CrowdStrike Holdings Inc. shares retreated from 2020’s meteoric rise in the extended session Wednesday after the cloud-based cybersecurity company topped Wall Street estimates, with more businesses seeking to protect their systems as employees work from home. On a conference call, CrowdStrike CRWD, -1.12% co-founder andRead More →
India’s Tata Group is reportedly looking to roll out a “super app” that will pit it against rivals, including Amazon AMZN, +1.13% and billionaire Mukesh Ambani-controlled Reliance Industries, in one of the world’s fastest-growing e-commerce markets. The new digital platform, which is scheduled to launch in India in DecemberRead More →
Rachel Robasciotti founded her wealth management firm, Robasciotti & Philipson, 16 years ago. She describes the company, established after she had spent five years in the financial services industry, as a “a bridge between financial markets and social justice activism”: a place where the principals are deeply committed toRead More →
A member of staff wearing a protective face mask at the Holiday Inn Whitechapel hotel, operated by InterContinental Hotels Group Plc (IHG), cleans a perspex screen ahead of the hotel’s reopening for general bookings in London, U.K., on Friday, July 3, 2020. Chris Ratcliffe/Bloomberg News European stocks rallied onRead More →
In the race to develop a vaccine to stop the new coronavirus, this new coronavirus has killed more than one million people worldwide and paralyzed the entire world economy. We may have overlooked a very important question: if there is a new vaccine, would people actually want it? EvenRead More →
Since Americans tightened their belts during the coronavirus pandemic, total household debt has fallen quarterly for the first time since 2014. The Federal Reserve Bank of New York reported that total household debt fell by $34 billion in the second quarter, a decrease of 0.2%. This is the largest declineRead More →
Don’t look for gold to hedge a falling dollar. That may be a surprise since gold GC00, +0.54% is often the first asset that investors think of when wanting to hedge against currency devaluation. Gold’s reputation has been strongly reinforced since mid-May, as the U.S. Dollar Index DXY, +0.04%Read More →
Consumers face being hit by surging prices for protective gear as face coverings become mandatory for shoppers in England, a consumer group said. U.K. Prime Minister Boris Johnson said on Monday the measure will come into place on July 24, sparking fears that predatory sellers could bump up prices,Read More →
Tens of millionaires are demanding higher taxes – on themselves. More than 80 seven-figure men and women from the United States, the United Kingdom, Germany, New Zealand, Canada and the Netherlands, who call themselves “Millionaires for Humanity”, signed an open letter calling on their governments “to raise taxes onRead More →
U.S. stocks ended higher Friday, with support attributed in part to optimism over a coronavirus treatment as investors attempt to gauge the threat to the economic outlook from a rise in COVID-19 cases. How did benchmarks perform? The Dow Jones Industrial Average DJIA, +1.43% rose 369.21 points, or 1.4%,Read More →
An earlier version of this report misidentified the state that Dan Sullivan represents in the U.S. Senate. It has been corrected. James Carville thinks Trump is going to drop out of the race. Getty Images “ I think there’s a good chance he won’t show up. I mean, thisRead More →
Wearing a mask has become a particularly burning issue in the United States, which is in the midst of a coronavirus crisis that seems to be getting out of hand on a daily basis. However, a recent report by Goldman Sachs indicates that the lack of a national policyRead More →
Hundreds of companies around the world have joined a temporary boycott of advertising against Facebook Inc. but its chief executive officer, Mark Zuckerberg, says he is not worried and has no intention of changing his policies, according to a new report. “ “I think all these advertisers will beRead More →
