Democratic presidential candidate Mike Bloomberg speaks at the North Carolina Democratic Party’s Blue NC Celebration, Saturday, Feb. 29, 2020, in Charlotte, N.C. (AP Photo/Patrick Semansky) Associated Press Nearly half of Democratic voters say they would be unsatisfied with Mike Bloomberg as the 2020 Democratic presidential nominee, according to a new Insider poll. The number of […]
(Updates story with March 2 closing prices.) U.S. stocks came roaring back Monday, breaking a seven-day losing streak after the S&P 500 Index hit its last closing record Feb. 19. Investors jumped on buying opportunities. The benchmark S&P 500 SPX, +4.60% shot up 4.6%, while the Dow Jones Industrial Average DJIA, +5.09% did even better, […]
Associated Press President Donald Trump and the coronavirus task force will met with pharmaceutical executives on Monday. President Donald Trump said Monday he’s asked pharmaceutical companies to speed up work on a coronavirus vaccine, as he met with drug-company executives. The president, joined by Vice President Mike Pence and members of the administration’s coronavirus task […]
John Buckingham has seen just about every type of stock-market environment in his three decades as a money manager. As a rule, he urges long-term investors to be patient. But he’s also quick to enter pockets of the market that have been hit especially hard during the spread of the Covid-19 strain of coronavirus. Buckingham, […]
The COVID-19 outbreak appears headed for the U.S., and the Centers for Disease Control and Prevention are urging Americans to prepare now, such as by stocking up on food and prescription drugs. But since the U.S. economy and its workforce are also at risk of getting sick — a concern you can see in the […]
At 89 years old, Warren Buffett finally traded in his flip phone for an Apple iPhone. And while it’s great that staffers in Berkshire Hathaway’s offices will no longer think they’re trapped in an episode of “Breaking Bad” when they encounter the Oracle of Omaha, this announcement matters for a more important reason. In an […]
SAN DIEGO, CA – JULY 02:R, Navy Special Operations Chief Edward Gallagher celebrates after being acquitted of premeditated murder at Naval Base San Diego July 2, 2019 in San Diego, California. Gallagher was found not guilty in the killing of a wounded Islamic State captive in Iraq in 2017. He was cleared of all charges […]
By Ju-min Park GAPYEONG, South Korea (Reuters) – When the elderly leader of a South Korean religious sect knelt before the nation on Monday, he had hoped to defuse public anger over his church’s role in spreading the coronavirus. Yet Lee Man-hee’s apology for the national “calamity” instead whipped up more outrage – due to […]
‘I expect global equities to tank by 30% to 40% this year. My advice is: Put your money into cash and safe government bonds.’ That’s economist Nouriel Roubini sharing his gloomy outlook on the market in an interview with Germany’s Der Spiegel last week. “You have to hedge your money against a crash,” Roubini continued, […]
Dear Moneyist, My wife and I have been married for 13 years and live in New Jersey. I’m 44 years old and she is 41. Things have not been perfect, but three years ago we had a beautiful daughter whom I love very much. I have been committed to making the marriage work, and I’m […]