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 →
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 →
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 →
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 →
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 →
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 →
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 →
The ride from here could get a lot bumpier after the Dow registered its worst one-day loss since June 11 on Friday, knocking the blue-chip index to its lowest point since May 26, and at least momentarily knocking the wind out of equity investors who may be gradually losing theirRead More →
“ ‘If you don’t have a tail hedge, I suggest not being in the market we’re facing a huge amount of uncertainty.’ ” That’s “Black Swan: The Impact of the Highly Improbable” author Nassim Nicholas Taleb offering his view on the risks swirling in the market and a growing lack of clarityRead More →
Warren Buffett famously said: “You only find out who is swimming naked when the tide goes out.” So it has been with the COVID-19 pandemic in relation to the rigor with which companies have engaged with ESG (environmental, social, and governance) concerns. Whether it takes the form of companies workingRead More →
Reykjavík — Life in Iceland is almost back to normal again. The curfews on gatherings and the social distancing mandates have been lifted; gyms, swimming pools and restaurants are reopening. Icelanders are traveling around the island again. Iceland will open its airports to tourism on June 15, and the peopleRead More →
Democratic politician Stacey Abrams, a potential running mate for Joe Biden, called for a different approach to casting ballots this year due to the coronavirus pandemic, as she testified on Wednesday at a House hearing on protecting the right to vote. “One of the challenges facing our nation is aRead More →
The COVID-19 outbreak brought waves of new users to Zoom Video Communications Inc. and Slack Technologies Inc., but this week we find out how many are actually paying for the services, and how much it is costing the companies to support them. Zoom ZM, +13.74% will report quarterly earnings TuesdayRead More →
U.S. stock-index futures bounced around in thin trading early Monday morning, amid violent protests that reverberated throughout the country. The clashes between police and protesters come while the U.S., and much of the world, is in the throes of the coronavirus pandemic that has rocked the domestic economy to itsRead More →
A test-and-trace system to find and isolate people who come into contact with coronavirus will be launched in the U.K. on Thursday. People with no symptoms will be told to self-isolate for 14 days if they have been in close contact with someone with the coronavirus, as part of theRead More →
Premier League clubs have agreed to start contact training as preparations intensify for the resumption of English football. As part of ‘Project Restart,’ players and staff are being tested for coronavirus twice a week, with those testing positive forced to self-isolate for seven days. Earlier this week the Premier LeagueRead More →
U.S. stock futures indicated a powerful open for Wall Street on Tuesday after a long holiday weekend, as investors seized on fresh coronavirus vaccine news and signs that global economies are slowly starting to crawl back from the pandemic shutdown. How are benchmarks trading? Dow Jones Industrial Average futures YMM20,Read More →
The growing number of COVID-19 cases and deaths outside of Asia has put pressure on U.S. officials to more clearly articulate preparedness plans in an effort to ease American worries about the possibility of a pandemic. President Donald Trump tweeted Wednesday that he plans to hold a news conference onRead More →
U.S. stock market futures sank late Sunday as the spread of coronavirus raised worries that global economic growth could take a hit. Dow Jones Industrial Average futures YM00, -1.37% fell about 400 points late Sunday, suggesting a steep drop when U.S. trading starts Monday morning. S&P 500 futures ES00,Read More →
U.S. stocks were mostly down, but off session lows, late Tuesday after Apple Inc. said that the viral outbreak in China would hurt its second-quarter results, reigniting fears that the disease may disrupt manufacturing supply chains and have broad implications for the global economy and financial markets. How are theRead More →
