Analysts expect the European Central Bank to expand the capabilities of its €750 billion Pandemic Emergency Purchase Program when it meets on Thursday. A breakdown released by the central bank on Tuesday showed it is bought €235 billion ($263 billion) of assets through the end of May, with €103 billion of purchases in April and […]
Rep. Steve King of Iowa, whose history of racist statements resulted in years of criticism and eventually discipline from Republican leadership, lost his primary Tuesday night. The winner of the five-way race was Randy Feenstra, a state senator who outraised King by several hundred thousand dollars and had won endorsements from the U.S. Chamber of […]
U.S. stock-index futures pointed to further gains on Wednesday after the stock market closed at its highest level since early March. How are benchmarks performing? Futures for the Dow Jones Industrial Average YMM20, +0.44% YM00, +0.44% were up 109 points, or 0.4%, at 25,810, those for the S&P 500 index ESM20, +0.32% ES00, +0.32% were […]
Joe Biden, already the Democrats’ presumptive presidential nominee, made it all but official on Tuesday as voters in eight states and the District of Columbia held primary elections. Biden appeared to fall just shy of clinching of the nomination with Tuesday’s results. Sen. Bernie Sanders — who has suspended his campaign — remains on the […]
Hope you’re staying healthy, MarketWatchers. Don’t miss these top stories: Personal Finance My son is the only one wearing a mask at his job, while all the executives are working from home — what can he do? ‘Not one person, except him, is wearing a mask.’ Black Americans are twice as likely to die from […]
Zoom Video Communications Inc. on Tuesday managed to assuage the fears of investors that the growth of the popular videoconferencing service would be strong only while people are sheltering in place. Zoom ZM, +1.92% reported a massive first-quarter earnings beat with stunning sales growth of 169% Tuesday, numbers that somewhat justify the company’s market capitalization […]
At age 25, Kevin Guardia has already been investing for nearly half his life. Guardia’s father opened a small brokerage account for his son when Kevin was in junior high, and the young man started to dabble in buying and selling stocks just as the long rebound from the financial crisis got underway. Now that […]
Police face off with activists during a protest march near the Manhattan Bridge on Sunday, May 31, 2020, in New York. AP Photo/Kevin Hagen China has been furious at the US government for criticizing its handling of protests in Hong Kong and for backing pro-democracy demonstrators. Over the weekend, state-run media made the most of […]
After vowing Monday to deploy military force to restore order in states that fail to “dominate” unlawful demonstrations, President Trump on Tuesday all but ordered New York City to request help from the National Guard. “NYC, CALL UP THE NATIONAL GUARD,” Trump tweeted. “The lowlifes and losers are ripping you apart. Act fast! Don’t make […]
You can’t exactly force friends, neighbors or strangers to wear a face covering to slow the spread of coronavirus, but experts prescribe a few approaches to help nudge them in the right direction — and keep yourself safe. COVID-19 primarily spreads from person to person through respiratory droplets from coughing, sneezing and talking, according to […]