5:38 p.m. Aug. 13, 2020
- By Joy Wiltermuth
Wine country goes back to basics -- and online -- as pandemic upends businessWhy loading up on wine at big-box retailers and grocery stores isn’t helping most U.S. wineries get through the pandemic.
12:18 p.m. Aug. 13, 2020
Stocks Close Nearly Flat As Upbeat Jobs Data Fails to Allay Economic Worries
Some 963,000 people filed initial claims for unemployment benefits in the latest week, while economists had expected 1.1 million.
11:42 a.m. Aug. 13, 2020
- By Andrea Riquier
There is no such thing as ‘passive’ investing in an America so deeply scarred by racism, says Rachel Robasciotti ‘I feel more hopeful than I’ve ever been about the possibilities for racial justice in this country’ Rachel Robasciotti is the founder of a wealth management firm that aims to be “a bridge between financial markets and social justice activism,” a place where the principals are deeply committed to helping clients to do well by doing good, in ways that go beyond the usual greenwashed ideas about ESG investing.
11:22 a.m. Aug. 13, 2020
- By Davide Mamone
‘I was in so much fear that I started running’: Asian Americans must grapple with racism — as well as the coronavirus pandemic ‘We have a huge percentage of Asian Americans in the hospitals helping to save people from COVID-19 right now. At the same time, we have been targeted just because of how we look’‘We have a huge percentage of Asian Americans in the hospitals helping to save people from COVID-19 right now. At the same time, we have been targeted just because of how we look.’
9:44 a.m. Aug. 13, 2020
- Associated Press
Trump says United Arab Emirates will establish diplomatic ties with Israel President Donald Trump said on Thursday that the United Arab Emirates and Israel have agreed to establish full diplomatic ties as part of a deal to halt the annexation of occupied land sought by the Palestinians for their future statePresident Donald Trump said on Thursday that the United Arab Emirates and Israel have agreed to establish full diplomatic ties as part of a deal to halt the annexation of occupied land sought by the Palestinians for their future state.
9:38 a.m. Aug. 13, 2020
A binge? Bulge? Or just the new normal for debt in America as Fed helps spur string of recordsCorporate America is borrowing at a record pace during the pandemic, at all-time low rates, with the Federal Reserve at its back.
5:21 a.m. Aug. 13, 2020
- By Pierre Briançon
Brace for more stimulus from Johnson and the Bank of England, as U.K economy falls into recessionAs it considers the possibility of a second spike of the new coronavirus, the U.K. government will have to postpone plans to put public finances back in order.
4:54 a.m. Aug. 13, 2020
- By Mohamed A. El-Erian
The smart money is wrong about the battered dollar Today’s dollar weakness is neither a boon to markets and the U.S. economy nor an augury of the currency’s global downfall, writes Mohamed A. El-Erian.
4:22 a.m. Aug. 13, 2020
- By Sunny Oh
Investors flock to China’s bond market, spurred by fears of missing out Global benchmark indexes embrace Chinese bonds, attracting inflows into debt of the world’s second largest economyGlobal investors finally appear on the brink of overcoming their long aversion to China’s bond market, which saw record funds flows into the sector in July, as Chinese debt takes up a larger share of benchmark bond indexes.
3:30 a.m. Aug. 13, 2020
Money Managers Change Their Tune on Real Estate
Bank of America says holdings in the sector hit a record and outpaced consumer staples for the first time since 2008.
8:14 a.m. Aug. 12, 2020
- By Shawn Langlois
Warren Buffett said this metric signaled the 2001 crash — now it’s sounding the alarm on global markets A sell signal is flashing on Buffett’s favorite indicatorA sell signal is flashing on Buffett’s favorite indicator.
4:34 a.m. Aug. 12, 2020
Banks Have Underperformed in Every Emerging Market. Goldman Sachs Says They’re Undervalued.
Bank stocks typically trade as plays on the domestic economy. Not so this year.
2:00 a.m. Aug. 12, 2020
Why a Winning Dividend Fund Likes Home Depot, Target, and Walmart
The Boston-based $23 billion Columbia Dividend Income fund has consistently ranked in the top 10% of its category.
10:30 a.m. Aug. 11, 2020
- By Mark DeCambre
U.S. will eventually experience ‘the normal effects of recession,’ says J.P. Morgan’s Jamie DimonSpeaking to MSNBC's Stephanie Ruhle in an interview that aired on Tuesday, the billionaire CEO of the nation's largest bank by market capitalization forecast a tough road ahead for recovery from out of the recession that Americans currently find themselves mired in.
6:10 a.m. Aug. 11, 2020
World’s Largest Wind Turbine Maker Vestas Hits Record High as U.S. Demand Drives Sales
Vestas Wind Systems’s stock hit record highs on Tuesday, as strong U.S. demand for wind turbines drove surging sales in the second quarter.
3:09 a.m. Aug. 11, 2020
Nothing Can Stop PayPal. How to Play It With Stock Options.
PayPal, which enables people to transfer money via computers and smartphones, is proving to be one of the pandemic’s winners. Here’s a way to use options to buy the dip.
4:23 p.m. Aug. 10, 2020
- By Tomi Kilgore
Coronavirus update: U.S. case tally tops 5 million, more than one-quarter of the 20 million global cases Georgia high school closes after in wake of viral video of crowded hallway with very few masks; Dr. Fauci tempers enthusiasm over potential vaccine’s effectivenessThe U.S. reached another milestone on Monday in confirmed cases of the coronavirus that causes COVID-19, as the case tally topped 5 million, which is more than one-quarter of the global total of more than 20 million cases, as uncertainties over the U.S. response continue to grow.
3:02 p.m. Aug. 10, 2020
- By Quentin Fottrell
Why are some people with coronavirus asymptomatic — are they as contagious as those who display symptoms? Asymptomatic transmission ‘is the Achilles’ heel of COVID-19 pandemic control,’ one study saysAsymptomatic transmission ‘is the Achilles’ heel of COVID-19 pandemic control,’ one study says.
8:37 a.m. Aug. 10, 2020
- By Lina Saigol
Bank of America is latest Wall Street firm to pledge to Beirut relief effort, with $300,000 donation Beirut’s Bourse reopened on Monday for the first time since the explosionWall Street banks are supporting the Lebanese people after last week’s massive explosion devastated Beirut.
5:47 a.m. Aug. 10, 2020
Mary Deatherage: Don’t Swim in the Tsunami
Barron’s 10th-ranked woman advisor talks about reducing risk in client portfolios, welcoming next-gen clients, and accommodating the growing interest in impact investing.
4:25 a.m. Aug. 10, 2020
Here's how record negative 'real yields' are driving a crowded rally in stocks, gold and everything elseDeeply negative real yields - bond yields once accounting for inflation - are driving gains in all corners of financial markets.
3:57 a.m. Aug. 10, 2020
- Associated Press
Belarus police violently break up protests after disputed presidential election Opponents claim authoritarian Lukashenka regime manipulated resultsBelarus police and protesters clashed in the capital and the city of Brest on Sunday night after a presidential election in which the country’s longtime leader sought a sixth term despite rising discontent with his authoritarian rule and his cavalier dismissal of the coronavirus pandemic.
1:04 a.m. Aug. 10, 2020
- By Autotrader
The best small luxury cars of the year From Audis and Alfas to Jaguars and Infinitis, they are better than everSmall luxury cars are a great way to enter the world of automotive luxury without spending a fortune.
8:49 a.m. Aug. 8, 2020
Stock Investors’ Best Hedges: Gold and TIPS
The two assets should supplant bonds as inflationary pressures eventually ramp up, argues a Bridgewater Associates’ Bob Prince.
5:50 a.m. Aug. 8, 2020
- By Steve Goldstein
Bank of America strategist: ‘I’m so bearish, I’m bullish’With liquidity in ample supply, one strategist says the S&P 500 will continue to march higher — for a bit.
4:46 a.m. Aug. 8, 2020
- By Ben Carlson
Why would anyone own bonds now? There are at least five reasons Bonds play a role in a portfolio, even amid historically low interest ratesBonds play a role in a portfolio, even amid historically low interest rates.
11:59 a.m. Aug. 7, 2020
How to Make Wall Street More Inclusive
Carla Harris has seen a lot in her 33 years at Morgan Stanley. She reflects on what it meant to be a Black woman on Wall Street, and how things are slowly but surely changing.
6:56 a.m. Aug. 7, 2020
Goldman Sachs’ $2.4 Billion Profit? It’s $373 Million Now.
The bank restated its second-quarter earnings following its settlement with the Malaysian government over the 1MDB scandal.
12:21 p.m. Aug. 6, 2020
Nasdaq Closes Above 11,000 for First Time
Stocks rose as jobless numbers were better than expected and investors are optimistic that a stimulus deal will come soon.
12:08 p.m. Aug. 6, 2020
- By William Watts
This 'dire' economic situation 'deserves to be called a depression -- a pandemic depression'Economists, cowed by the memory of the 1930s, are reluctant to use the word “depression” to describe the pandemic-induced economic downturn. But that's what it is, warn economists Carmen Reinhart and Vincent Reinhart.
6:26 a.m. Aug. 6, 2020
- By Nancy A. Ruhling
15,000-Acre California Ranch Asks $38 MillionThe property produces an award-winning olive oil
3:41 a.m. Aug. 6, 2020
Barron’s Daily: Bezos Sells Amazon Stock and Raises $3 Billion. That’s Nothing.
Trump and Biden change their convention plans (again), first top-level college sports team cancels 2020 season, drugmakers sign deals for vaccines, and other news to start your day.
12:30 a.m. Aug. 6, 2020
Vodafone Looks to Recharge Its Growth
Vodafone’s cost-cutting plan, upcoming asset disposals, and a spike in demand for data could mean that the shares have bottomed out
10:33 a.m. Aug. 5, 2020
- By Mark DeCambre
Gold logs fresh record high near $2,050 Gold books seventh record close in eight sessions Gold prices ended sharply higher Wednesday, extending a record run for the precious metal that has helped it log gains for four straight days and eclipse a historical milestone above $2,000.
8:17 a.m. Aug. 5, 2020
U.K. stocks close higher as gold miners surge and William Hill's U.S. expansion impressesU.K. stocks climbed on Wednesday, as the gold price rally boosted the FTSE 100’s precious-metals miners and gambling group William Hill impressed investors with its U.S. growth.
8:07 a.m. Aug. 5, 2020
European stocks rise on strong earnings but mounting risks keep gold climbing above $2,000 European stocks and U.S. futures made gains early on Wednesday, despite a concoction of risks sending gold above $2,000 an ounce for the first time in history.
6:42 a.m. Aug. 5, 2020
Here Are Robust Sectors in China’s Lopsided Recovery
It may not be the growth Beijing wanted, but other parts of the world are still struggling. Real estate and autos are among the sectors that should have a strong second half in China.
6:01 a.m. Aug. 4, 2020
Peet’s Coffee Parent Reports Profit Thanks to Booming At-Home Sales
The Dutch coffee group saw record growth in its at-home coffee sales over the period, as consumers were stuck indoors and coffee shops and cafes were closed.
4:13 a.m. Aug. 4, 2020
Nikola Reports Earnings Today. Here’s What To Expect.
Investors are likely to focus on battery-powered trucks, hydrogen costs and new manufacturing facilities, rather than the bottom line.
8:15 p.m. Aug. 3, 2020
- Associated Press
Asian markets join global rally as S&P 500 nears record Stocks jump in Tokyo, Seoul, SydneyShares advanced across Asia on Tuesday after Wall Street closed broadly higher on encouraging economic reports, starting off August by closing within 3% of the record high it set in February.