FILE PHOTO: California’s Governor Gavin Newsom speaks to the media after casting his vote at a voting center at The California Museum for the presidential primaries on Super Tuesday in Sacramento By Sharon Bernstein SACRAMENTO, Calif. (Reuters) – California Governor Gavin Newsom will release new guidelines for opening schools as coronavirus cases continue to mount […]
Fox News host Melissa Francis admitted on Thursday that she doesn’t trust her own network’s polling—conducted by a group considered among the industry’s most trustworthy pollsters—while also claiming on-air that she deliberately misleads pollsters when they call her. With President Donald Trump trailing former Vice President Joe Biden by double digits in many national and […]
DALLAS (AP) — Federal agents have seized more than 20 vehicles and the money from 10 bank accounts belonging to married U.S. Army veterans in Texas, saying the pair used personal information stolen from soldiers to defraud the military out of as much as $11 million. Army investigators obtained warrants last month to confiscate the […]
A North Carolina city has apologized for its historic role in slavery and racial discrimination, and voted to give reparations to its Black community. The Asheville City Council approved of the reparations resolution in a unanimous 7-0 vote on Tuesday night, the Asheville Citizen-Times reported. The reparations won’t come as direct payments to individuals, however. […]
To call him financial services’ Forrest Gump might be a stretch, but Carlos Diez has been behind the scenes of just about every big fund-industry pivot for the past two decades. At the height of the dot-com boom, he saw the business opportunity of a growing consumer class interested in investing, then, a few years […]
Bond investors may be setting themselves up for disappointment if they’re counting on pocketing gains from U.S. interest rates going negative. There is a growing body of research that negative rates are counterproductive. Moreover, the Federal Reserve is aware of this research and appears to be taking it seriously. As a result, it has become […]
Walmart Inc., Best Buy Co. Inc. and Kroger Co. now require shoppers to wear face coverings in their stores. The two retailers join others, including Starbucks Corp. SBUX, +3.96% , which has recently put a face mask policy in place. Walmart Inc. WMT, -0.00% announced Wednesday that face coverings will be required at all U.S. […]
MARKETWATCH FRONT PAGE Diego Parrilla is on the lookout for anti-bubbles. In other words, the manager behind the $450-million Quadriga Igneo hedge fund’s investment process focuses on cheap assets poised to perform when bubbles burst. See full story. ‘My PPP loan allowed me to reopen, but it is not going to allow me to stay […]
People listen to Democratic presidential candidate Joe Biden at the Hyatt Park community center on May 4, 2019 in Columbia, South Carolina. It is Biden’s first visit to South Carolina as a 2020 presidential candidate. With less than four months until Election Day, a prominent group that advocates for women of color said Joe Biden’s presidential […]
There aren’t many books about investing that remain relevant over 40 years after they were first published. Burton Malkiel’s A Random Walk Down Wall Street, first published in 1973 and now in its twelfth edition, is one. Malkiel’s observation — that short-term fluctuations in the markets make stocks unpredictable and that it’s thus usually wiser […]