The COVID-19 pandemic shook the lodging industry particularly hard, and turned many hotel businesses upside down. But there’s a fundamental reason to believe that, like a shaken snow globe, the post-COVID-19 landscape might look very different but business will eventually be just as good, and could be even better than before the pandemic: People are, […]
PORTLAND, Ore. — Federal authorities on Saturday forced demonstrators away from a plaza near a federal building as dueling demonstrations in Portland by right-wing and left-wing protesters turned violent. The area includes county and federal buildings and has been the site of numerous recent protests. Department of Homeland Security officers moved through the plaza across […]
Welcome to the weekend! The S&P 500 SPX, +0.34% ended the week at a record (after setting its first record close in six months earlier in the week) — a 52% surge from the low of that fast and brutal COVID-19-related mid-March plunge. The Nasdaq Composite COMP, +0.41% notched its 36th record close of the […]
The stock market continues to buck the steady flow of troubling headlines and gloomy metrics in a stark disconnect with the economy that’s been hotly debated on Wall Street. Read:Jim Cramer urges investors not to be fooled by new highs in the stock market And while it might feel rather toppy and precarious, Thomas Hayes, […]
To hold, or not to hold? That’s the question from a guy who just learned that his recently deceased grandfather left him 7,000 shares of Apple AAPL, +5.15%. This person’s grandfather put money earmarked for college into Apple in 2003 when the Reddit poster enlisted in the military, he stated in a thread on that […]
Sgt. Elder Fernandes, 23, a Fort Hood soldier who has been missing for five days, was recently transferred to a different unit because he was the victim of “abusive sexual contact,” U.S. Army officials said Saturday. “We can confirm there is an open investigation of abusive sexual contact involving Sgt. Fernandes,” Lt. Col. Chris Brautigam, […]
MARKETWATCH FRONT PAGE The domestic property market is fueled by a government stimulus and a COVID-fueled rush to low density housing, economists say. See full story. Invest in tech indexes, but hedge your bets with fine wine and stamps, says this strategist Tech companies will grow exponentially for the next two decades, far outpacing other […]
Here’s the biggest unknown about the economy right now: Just how much will the loss of federal coronavirus aid for families and businesses stunt a recovery that already has lost steam. Democrats and Republicans ceased negotiations in early August and Congress adjourned after the two parties failed to break a deadlock on the next financial-relief […]