Author: CapitalGainsFund

Jul 14

A Black teen didn't do her online schoolwork during the pandemic. A judge sent her to juvenile detention.

juvenile detention Getty This story was originally published by ProPublica. ProPublica is a Pulitzer Prize-winning investigative newsroom. Sign up for The Big Story newsletter to receive stories like this one in your inbox. This story was co-published with the Detroit Free Press and Bridge Magazine. Grace, 15, was sentenced to juvenile detention in May for […]
Jul 13

Earnings Outlook: S&P 500 earnings set to plunge as the coronavirus batters all sectors — with Wall Street counting on a bounce that may not come

The one certainty about the outlook for companies in a COVID-19 world is that second-quarter earnings will be very bad — the worst, in fact, in more than 10 years. Although Wall Street is betting that earnings will start bouncing off the bottom in the third quarter, the beginning point for that bounce is unknown, […]
Jul 13

: WHO chief rips certain leaders for eroding public trust

Tedros Adhanom Ghebreyesus, Director General of the World Health Organization,, attends a press conference on June 25 in Geneva. AP GENEVA — The World Health Organization’s chief on Monday slammed some government leaders for eroding public trust by sending mixed messages on the coronavirus and warned that their failures to stop their countries’ spiraling outbreaks […]
Jul 13

Gov. Newsom orders all restaurants in California to pause indoor dining, joining New Jersey and New York City — so why is it so dangerous?

Gov. Gavin Newsom announced on Monday a rollback of operations state-wide at restaurants as well as bars, zoos, wineries, museums, card rooms, and movie theatres. “This is in every county in the state of California, not just those on the watch list,” he said. He said the coronavirus was spreading at an “alarming rate.” In […]
Jul 13

NewsWatch: Nasdaq, S&P 500 end lower as coronavirus cases rise and tech stock fall, erasing rally sparked by renewed vaccine hopes

MARKETWATCH FRONT PAGE Stocks closed mostly lower Monday, with the Dow booking a modest gain, after technology stocks fell and rising coronavirus cases led California’s governor to order businesses across the state to shutter once again. See full story. Tesla’s earnings on tap next week: Will a loss end its blowout stock rally? Tesla Inc.’s […]