Crude-oil futures were bouncing around Sunday night, but tilting higher at last check, after OPEC and allied nations agreed Saturday to extend a production cut of nearly 10 million barrels of oil a day through the end of July. West Texas Intermediate crude for July delivery CL.1, +1.23% CLN20, +1.23%, the U.S. benchmark, was most […]
What would Warren Buffett do? Definitely not this. But that didn’t stop Ryan Cohen — who sold Chewy CHWY, -1.36% , the company he co-founded, for $3.35 billion back in 2017 — from throwing diversification out the window and plunking almost his entire payout into just two stocks: Apple AAPL, +2.84% and Wells Fargo WFC, […]
“ ‘Buildings matter, too’ ” Those three words cost Stan Wischnowski, the Philadelphia Inquirer’s top editor, his job. The newsroom vet resigned after backlash from staff over that headline on a story that said “there could be a gaping hole in the heart of Philadelphia” amid protests over the killing of George Floyd. Dozens of […]
Donald Trump holds up a Bible after walking to St John Episcopal Church. Demonstrators protesting against the killing of George Floyd were cleared from Lafayette Park with tear gas so that he could walk to the church from the nearby White House: AFP via Getty Images US Attorney General William Barr defended the clearing of […]
Art dealer Forrest Fenn hid the treasure in the wilderness a decade ago: AP The decade-long hunt for a treasure chest containing $1m (£790,000) in gold and jewels has ended with its discovery in the Rocky Mountains. Art dealer Forrest Fenn sparked the search for the loot after publishing clues pointing to its location in […]
Police around the U.S. took a less aggressive stance and even sometimes joined protesters demanding a reckoning with institutional racism, as leaders in the city at the center of the latest call for police reforms pushed Sunday to dismantle its department. Two weeks after George Floyd, a black unemployed bouncer, died in Minneapolis after a […]
The U.S. stock market has made a remarkable comeback from its late-March bottom. We have just seen the best 50-day rally ever, according to LPL Financial Research. But investors always need to be careful. Jeff Reeves lists five stocks with momentum and upside potential to buy now, contrasting them with five he believe are less […]
The unrest in cities across the U.S. this week is just the latest manifestation of a struggle that will continue until the wealth gap between white people and black people is addressed, black economists said. What is the wealth gap? It is the stark divide between how much capital white people and black people control. […]
MARKETWATCH FRONT PAGE Stocks are expensive and the economy is terrible See full story. These stocks rose by double digits Friday as underperforming sectors bounced back Airline and energy stocks had among the biggest gains from a week earlier. See full story. My estranged husband filed a joint tax return without my knowledge. He got […]
The sharp gain in U.S. employment in May shows the economy is already starting to rebound and means the Federal Reserve won’t keep its policy interest rates at zero for years, said Brian Bethune, an economist at Tufts University. “I think the Fed will keep the fed funds rate at the zero lower bound for […]