U.S. stock futures rise slightly after the S&P 500’s first close above 3,400
U.S. stock futures were flat on Monday night after another record-setting session on Wall Street. Dow Jones Industrial Average futures traded just below the flatline along with S&P 500 and Nasdaq 100 futures. During regular trading, the S&P 500 climbed...
Economists see a chance of a double-dip recession, survey shows
People line up outside a Kentucky Career Center hoping to find assistance with their unemployment claim in Frankfort, Kentucky, June 18, 2020. Bryan Woolston | Reuters There’s a 1-in-4 chance the economy could fall into a double-dip recession, according to...
How big businesses in Singapore are managing the challenges of coronavirus
The coronavirus pandemic has thrown into sharp focus the role of government in supporting the economy during periods of crises. But it has also highlighted the role big business can play. Look at Singapore. As the Asia-Pacific headquarters for many major corporations,...
Tropical Storm Marco becomes a hurricane and heads toward U.S. Gulf Coast
An employee of the Emergency Operations Center (EOC) monitors tropical storm Laura in Santo Domingo, on August 22, 2020. Erika Santelices | AFP | Getty Images Marco strengthened into a hurricane over the Gulf of Mexico on Sunday on its...
California battles more than 500 fires with no end in sight as emergency response stretched thin
A firefighter rubs his head while watching the LNU Lightning Complex fires spread through the Berryessa Estates neighborhood of unincorporated Napa County, Calif., on Friday, Aug. 21, 2020. Noah Berger | AP Photo Some of California’s largest wildfires in state...
As blazes spread, Covid-19 in California prisons hits crucial inmate firefighting force
Inmate firefighters prepare to put out flame on the road leading to the Reagan Presidential Library during the Easy Fire in Simi Valley, California on October 30, 2019. Mark Ralston | AFP | Getty Images Deadly wildfires are still ripping...
This map shows where states stand on the extra $300 weekly unemployment benefits
The Federal Emergency Management Agency, which is overseeing program funding, had approved 13 states to offer the extra unemployment benefits as of around noon ET on Friday. Those states are: Arizona, Colorado, Idaho, Iowa, Kentucky, Louisiana, Maryland, Michigan, Missouri, Montana,...
Sterling is no safe haven, shows Bank of England FX survey
The latest survey carried out by the Bank of England’s (BoE) foreign exchange joint standing committee appears to confirm the view that trading in sterling does badly in conditions of widespread stress. Data gathered from 27 financial institutions in the...
July home sales spike a record 24.7% as prices set a new high
Sales of existing homes soared 24.7% in July from June, according to the National Association of Realtors. That’s the strongest monthly gain in the history of the survey, going back to 1968, and the highest sales pace since December 2006....
Why the homeownership gap between White and Black Americans is larger today than it was over 50 years ago
For more than 30 years, Parker McAllister’s parents have held onto the Brooklyn, New York, brownstone they purchased in 1985 for about $91,000. After raising two kids in the home, McAllister’s parents now have three tenants living in their Bedford-Stuyvesant...
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Trading education
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