Pelosi says more aid directly to Americans is needed to support economic recovery
House Speaker Nancy Pelosi told CNBC on Wednesday that additional financial aid to Americans is needed to support the U.S. economy’s recovery from the coronavirus-induced recession. “You can help people stay open, pay the rent, pay the utilities … even...
Former Wirecard CEO rearrested in Munich as prosecutors suspect $3.7 billion fraud
Markus Braun, chief executive officer of Wirecard AG, arrives for the company’s annual news conference in the Aschheim district of Munich, Germany, on Tuesday, April 25, 2019. Michaela Handrek-Rehle | Bloomberg via Getty Images The former CEO of collapsed German...
Existing home sales surge nearly 21% in June – the highest monthly gain on record
Sales of existing homes jumped nearly 21% in June compared with May, according to the National Association of Realtors. It was the largest monthly gain since the Realtors began tracking the data in 1968 and came after sharp declines over...
Former Fed Vice Chair Blinder says cutting government aid during the coronavirus pandemic would be a ‘catastrophic mistake’
Alan Blinder, former Federal Reserve vice chairman. Brendan Smialowski | Getty Images Former Federal Reserve Vice Chairman Alan Blinder said Wednesday it is imperative that Congress continues to aid ailing Americans who were laid off during the Covid-19 pandemic. “Cutting...
Analysts warn of ‘double edged sword’ in China market rally as investors indulge in frenzied, risky trading
Shareholders watch the stock market in a securities business hall. Nanjing, Jiangsu Province, China, 6 July 2020. Costfoto | Barcroft Media | Getty Images China’s recent stock market rally is raising fears that it’s being driven by retail investors indulging...
Stocks making the biggest moves in the premarket: Coca-Cola, Tapestry, Lockheed Martin & more
Take a look at some of the biggest movers in the premarket: Coca-Cola (KO) – Coca-Cola reported quarterly earnings of 42 cents per share, 2 cents a share above estimates. Revenue was in line with expectations. It was the 23rd...
$600 unemployment boost. Stimulus checks. Government relief is coming to an abrupt end
Many states’ pandemic-era moratoriums on renter evictions have expired. In some 30 states, eviction proceedings now can continue. Pictured, rent-forgiveness graffiti in Los Angeles. VALERIE MACON Most of the relief measures included in the historic stimulus package Congress passed in...
CEO of major Asian bank says ‘a big, big challenge’ is looming for the global economy
The economic aftermath of the coronavirus pandemic is likely to worsen when authorities start rolling back relief measures — and banks could experience “far more damage” to their balance sheets, said Piyush Gupta, group chief executive of Singaporean bank DBS....
Jamie Dimon’s warning for the U.S. economy — nobody knows what comes next
Attempting to forecast the path of the American economy right now is like peering into a dark well — nobody knows how deep the hole goes. Even Jamie Dimon, CEO of JPMorgan Chase and veteran prognosticator of all things financial,...
These business owners got a PPP loan. It may not be enough
Robert Miller, a Pittsburgh area restaurateur, has watched with sadness as some of his favorite local eateries closed for good in recent weeks. Union Standard, Pizza Taglio, Spoon — just a handful of the businesses lost in the age of the...
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Trading education
Introduction to Basic Trendline AnalysisIn this series we will piece together the anatomy of a swing trade and discuss ... 
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