Buckle up, Wall Street investors! The ride from here could get a lot bumpier after the Dow registered its worst one-day loss since June 11 on Friday, knocking the blue-chip index to its lowest point since May 26, and at least momentarily knocking the wind out of equity investors who may be gradually losing their […]
Investors already got fooled once after several million people returned to work in May. They might get fooled again in June, but they worry the next surprise won’t be so pleasant. Wall Street DJIA, -2.83% predicts the U.S. regained an additional 3 million jobs in June, with forecasts going as high as 8 million. The […]
“ All I hear is old-timers say that the retail bros are going to get crushed. That they’ve lived through this before. That the pride comes before the fall…Yet here I am. Beating them like a drum for the past three months at their own game. ” That’s Barstool Sports founder Dave Portnoy appearing to […]
During his lunch breaks, Elijah McClain sometimes played the violin for animals at the local shelter. He thought they, too, deserved some music in their lives. He was not like other 23-year-olds. He craved space to be himself, and when officers of the Aurora, Colo., police department approached him on the evening of Aug. 24, […]
With food-at-home in high demand due to the coronavirus pandemic, Albertsons Cos. has filed paperwork to go public. Albertsons ACI, -3.43% began trading on the New York Stock Exchange on Friday under the ticker symbol “ACI.” Shares immediately fell before rising and then ending down 3.4%. Late Thursday, the company priced its IPO at $16 […]
European Union member states have drawn up a list of 15 countries whose citizens may be allowed to travel again to the bloc starting July 1 that excludes the U.S. but includes Canada, Japan and possibly China, diplomats said. A final decision is yet to be taken on the list, but diplomats said they were […]
WASHINGTON – A federal judge ordered Roger Stone to surrender on July 14, denying his request for a two-month reprieve from serving his prison sentence because of the coronavirus pandemic. Stone, who was initially supposed to surrender on Tuesday, asked U.S. District Judge Amy Berman Jackson to allow him to stay at home until Sept. 3, saying his age […]
What crippled economy? While virtually every aspect of the U.S. economy has been hit hard during the coronavirus pandemic, the technology industry and its hub in Santa Clara County continue to fare better than other large regions across California and the nation, based on three studies published this week. While Silicon Valley is thriving, non-tech […]
As the country’s daily infection rate has hit an all-time high, New York is offering to lend a hand to other states dealing with a resurgence of COVID-19 cases, Gov. Andrew Cuomo pledged on Friday. “In our hour of need, we had volunteers from across the country who helped us go from the worst situation […]