Of the world’s major economies, India’s banking sector warrants the most concern because it entered the pandemic in poor shape and the scale of damage to private balance sheets suggest it will be hit hard by rising defaults, according to consultancy Capital Economics “[India’s banking] sector is entering a slow-burning crisis, where bad debts will […]
In a photo courtesy Rosalie Sanz, Marry Scott. (Courtesy Rosalie Sanz via The New York Times) Rosalie Sanz was a teenager in 1969 when she looked out the window of her family’s San Diego home on a dark November night and saw two men in suits. She remembers her mother listening quietly to the detectives […]
A man’s reflection is shown in Apple’s flagship store in Madrid’s Puerta del Sol on Oct. 26, 2020. It remains closed due to the pandemic. MarketWatch/Kollmeyer European and U.S. equity futures pointed to losses for markets on Friday, with investors reacting to some disappointment over Apple and Amazon.com earnings, as COVID-19 tensions and pre-election jitters […]
I don’t know what went wrongI don’t know if it was your faultOr the usual scratch of some human touch Poisoned sneezes all around my canalsOver the old pompous marble of my cityThen down to the endless slums of the planet How did we get HERE? You ask,Surrounded by this victorious solitudeIn the streets of […]
MarketWatch photo illustration/Getty Images|, John Stous|, Gabriel Martini|, Fanta Traore|, Elizabeth Meyer|, Jack Claypool|, Holly Davis A Florida day trader who’s watching the pandemic ravage finances for friends and family. A Kansas rancher who dislikes the country’s divisions and worries about tax hikes aimed at the rich and corporations. A Connecticut student who sees a […]
A 27-year-old woman has been arrested for hiding a loaded firearm at Walt Disney World’s Magic Kingdom, the Orange County Sheriff’s Office confirmed to USA TODAY. Officers say Marcia Temple hid her purse behind a planter before proceeding through security metal detectors at the Disney Ticket and Transportation Center on Oct. 8, according to a redacted incident report provided […]
Director of National Intelligence Dan Coats speaks during a press briefing at the White House in July 2019. AFP/Getty Images “ “They’re the New England Patriots of messing with elections. I think they do it better than anybody else.” ” That’s Dan Coats, President Donald Trump’s former Director of National Intelligence, in an interview with […]
Amazon, Apple, Facebook and Alphabet’s Google all reported earnings Thursday. AFP via Getty Images Federal antitrust charges against Alphabet Inc.’s Google; advertiser and user boycotts of Facebook Inc.; increasing scrutiny of Apple Inc. and Amazon.com Inc. by the news media and government regulators — all in the middle of a pandemic. Yet, when Big Tech […]
With just five days left until the election, President Trump and his rival, former Vice President Joe Biden, spent Thursday focused on the key battleground state of Florida, holding dueling rallies there. For Trump, who is behind in numerous swing state polls, Florida increasingly looks essential to his prospects for being reelected. Biden doesn’t necessarily […]
Malaysia’s former Prime Minister Mahathir Mohamad – REUTERS/Lim Huey Teng Malaysia’s former leader Mahathir Mohamad tweeted Thursday Muslims had a right “to kill millions of French people” after a deadly attack in Nice, sparking widespread anger and prompting Twitter to delete his post. Three people were killed at a church in the southern French city, […]