We got a taste of things to come when White House China hawk Peter Navarro stated to the press that the U.S.-China trade deal was “over.” Cue a plunge in stocks ES00, +0.42% and in CNY USDCNY, +0.04% and in bond yields and general risk-off. Then cue the inevitable rapid winding-back of those comments from […]
James Lipscombe was holed up in his house in Bishop’s Stortford, nursing a wife sick with the coronavirus disease, looking after two small children and running his business remotely, when the government announced the country was going into lockdown. The managing director and owner of Chesterford Group — one of Britain’s biggest fish-and-chip chains, with […]
Sustainability-minded younger shoppers and bargain-hunting consumers of all ages who are feeling the economic pinch of the COVID-19 pandemic are increasingly giving up new clothes for resale items that sometimes still have their tags. In fact, according to thredUP, a major online secondhand shopping site, a surge in demand for resale — a $28 billion […]
Dear Moneyist, A shot in the dark here! My daughter accidentally threw away our paper stimulus check. I’ve tried to call the phone number for the Internal Revenue Service’s stimulus help line, but no one answers. Can you help me get in touch with someone? Kelly Also see:George Floyds and Christian Coopers are all around […]
Are you worried about getting coronavirus if you dine out or order in? Here’s some good news: The risk of getting the disease from consuming food is “thought to be very low,” according to the U.S. Centers for Disease Control and Prevention. “Coronaviruses, like the one that causes COVID-19, are thought to spread mostly person-to-person […]
A dozen wildfires have torched nearly 400,000 burned acres in Arizona and have left parts of the state, particularly the southeastern portion, in ruins. Nearly half of that acreage has come from the Bush Fire blazing in the Tonto National Forest, just north of Phoenix. As of Monday morning, the still-young 2020 wildfire season has […]
WASHINGTON/OTTAWA (Reuters) – U.S. Secretary of State Mike Pompeo on Monday called for the immediate release of two Canadians charged by China for alleged espionage, saying the United States was “extremely concerned” and that the two men’s detention was unjustified. “These charges are politically motivated and completely groundless,” Pompeo said in a statement. Chinese prosecutors […]
A burning care outside a store after an operation by security forces against organised crime in Celaya, Guanajuato – Sergio Maldonado/Reuters One of the most wanted Mexican cartel leaders threatened the government and his arch-foes in highly unusual video messages, including one where he can be seen fighting back tears after his mother was detained […]
NYPD Crime Stoppers New York police have arrested a homeless man suspected to be the Bronx subway station attacker who pushed a 73-year-old woman last week. Authorities announced on Saturday night that 23-year-old Ahmed Kromah had been apprehended and charged with assault after an appeal, reported CBS News. Kromah is alleged to have punched a […]
“ ‘The stock market has already discounted a significant degree of the economic recovery. So, incrementally improving data here might not do much to lift prices. The risk-reward isn’t great here.’ ” That’s Bryn Mawr Trust’s Jeffrey Mills, who oversees $16 billion in assets, talking to CNBC Friday about what’s next for a stock market […]