Why unemployment is a broken system: ‘It really is an experiment out of control’
Demonstrators rally near the Capitol Hill residence of Senate Majority Leader Mitch McConnell, R-Ky., to call for the extension of unemployment benefits on Wednesday, July 22, 2020. Tom Williams/CQ-Roll Call, Inc via Getty Images Wage replacement Unemployment benefits offer temporary...
U.S. consumer confidence for July misses expectations
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Home prices rose at a slower rate in May, according to S&P Case-Shiller
Real estate agents leave a home for sale during a broker open house in San Francisco, California. Justin Sullivan | Getty Images Home prices continued to rise in May, albeit at a slightly slower pace than they did in April...
Foolish for investors to ignore both market positives and negatives, all-star investor Rich Bernstein says
While lawmakers go back to work on a second coronavirus relief package, Institutional Investor Hall of Famer Richard Bernstein is building strategies to cope with a more contentious market environment. Bernstein, who has spent decades on Wall Street, expects the recovery...
U.S. manufacturing sector regaining momentum, but surging virus cases threaten recovery
Household appliances are offered for sale at Home Depot in Chicago, Illinois. Getty Images New orders for key U.S.-made capital goods increased by the most in nearly two years in June and shipments accelerated, but the gains were likely insufficient...
U.S. core capital goods orders beat expectations in June
Household appliances are offered for sale at Home Depot in Chicago, Illinois. Getty Images U.S. orders for long-lasting factory goods were expected to rise by 7.2% in June, after jumping 15.7% a month earlier. This is a breaking news story....
Stock futures rise ahead of big week of earnings, coronavirus stimulus in focus; gold soars to new record
A man wearing a mask walks by the New York Stock Exchange (NYSE) on March 17, 2020 at Wall Street in New York City. Johannes Eisele | AFP | Getty Images U.S. stock futures rose early Monday morning as investors...
Gold surges to record close as U.S.-China tensions escalate and coronavirus concerns rise
Leonhard Foeger | Reuters Gold prices rose to an all-time high Friday as investors sought safety in the precious metal amid rising U.S.-China tensions and lingering fears over the coronavirus pandemic. The metal’s August futures contract rose 0.4% to settle...
Executives are selling stock as the market experiences its epic rebound
Laurence “Larry” Fink, chairman and chief executive officer of BlackRock. Chris Goodney | Bloomberg | Getty Images Company insiders are dumping shares as stocks experience their epic rebound from the coronavirus recession. The sales are a major shift from the...
Individual investors are a ‘big part’ of the market over last few months, NYSE president says
NYSE President Stacey Cunningham said Friday that individual investors have participated in a big way during the market’s record rally that’s seen the S&P 500 jump 48% from its March 23 low. “The retail investor has been a big part...
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